The Rise Of Self-service Terminals

With the development of the economy, affected by rising labor costs and increased land rent, the concept of an unmanned market has begun to emerge, creating a huge demand for self-service terminals. According to the latest statistics, the unmanned retail market transaction scale in 2018 is conservatively estimated to be close to 30 billion yuan, and it is expected to exceed 65 billion in 2020, with a three-year compound growth rate of about 50%.

The rise of the unmanned market will undoubtedly directly benefit the self-service terminal industry. It is expected that during the “13th Five-Year Plan” period, the downstream applications of self-service terminals will continue to expand, and vending machines and automatic fuel dispensers will usher in good development opportunities. Self-service terminals integrate the display and sales of commodities, and are favored by more and more consumers with their advanced technology and simple process. At the same time, autonomous service terminals are also a cutting-edge and fashionable business model at the moment, and are loved by people seeking novelty. The existence and development of self-service terminals have enabled the unmanned market to move from vision to reality step by step, bringing consumers a more convenient and comfortable shopping experience. KER will continue to innovate its own products and services, and continue to contribute more excellent self-service terminal products to the market.

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Post time: Dec-11-2020