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Retail kiosks in North America to grow 69 percent

July 22, 2004

ROCKVILLE, Md.-- The number of kiosks in North America North American retail locations will grow 69 percent to 105,000 by 2007, up from 62,000 in 2003, according to InternetRetailer.com.

"Retail is the biggest category in kiosk growth, and the growing acceptance of kiosks by consumers is driving that growth," said Francie Mendelsohn, president of Summit Research Associates Inc. She also added that most retail kiosks are web-based.

According to the article, Summit Research projects that the number of kiosks in North American retail locations will rise 13 percent this year to 70,000, then hit a growth peak in 2005, when they'll rise to 84,000. The growth rate will taper off in the following two years, at 14 percent in 2006 and 9 percent in 2007.

By comparison, Mendelsohn projects, Europe's number of retail kiosks will grow slightly faster, rising 16 percent this year to 57,000 from 49,000 last year, then rising 25 percent next year to 71,000, before slowing down to a growth rate of 14 percent in 2006 and 10 percent in 2007. Europe will have 89,000 retail kiosks by 2007.

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