Road Ahead in the year 2022. Our Predictions

Welcome to Self Service Products, Technology & IT Consulting Company. HQ Mumbai India.

?Road Ahead in the year 2022.

?Our Predictions.

?Background of our technology & consulting company.

?We as Self Service Products Technology & IT consulting company consults our various clients in India& globally on all sorts of self-service kiosks, vending machines, ATMs, Digital Signage, POS, Payment systems the forerunner technology & IT Consulting Company based HQ in Mumbai India, we did some consulting research and reached out to many CIOs globally to find out what is future of our Industry.

?Our??Company's Introduction.

?With over 40 years of vast & wide Industry experience followed by best industry practices in innovation designing, consulting and deploying thousands of kiosks globally.

?We have extensive knowledge of the evolution and applications of the progressing kiosk industry.

?Unlike our competitors, we are proud to produce unique and original new products, & solutions, that not only stand out from their surroundings but incorporate ever-changing technological innovations as they are introduced in the market globally.

?These were our consulting findings.

?Let me first & foremost confess the last few years of the covid pandemic had left us shattered in terms of businesses & employments

The covid pandemic and global lockdowns had changed the way we live, learn and work.

Despite all the constraints, this year 2022 has also provided an opportunity to take stock and prepare for the road ahead for all of us

The biggest setbacks and challenges also present unique opportunities for growth and innovation as we introspect and plan new strategies and policies for our growth for the current and coming years.

Work from home (WFH) and work from anywhere (WFA) has now become the permanent reality of modern workplaces.

The year 2022 and the coming year will put more emphasis on digital technologies, digital transformation and new technologies being adopted in work areas.

We would witness more of Robotics, AI, IoT, Blockchain and cryptocurrencies specially NFDs coming into the forefront.

In the coming year, I feel the backend end of Indian Payment Systems needs to strengthen more before we legalize cryptocurrencies as legal currency

India GDP will be around 8.3% to 8.7%. Supply chain issues would trigger a rise in Indian commodity prices this would be seen as some sort of inflation is expected would keep commodities prices risings.

Due to the covid pandemic, one word had emerged very strongly which is contactless we predict the year 2022 will give a major boost to technologies like QR Codes, Biometrics, Contactless Tokens etc

As per various market reports, 65% of customers said they would be more willing to visit a self-service kiosk if they were available.

In the coming years, hacking would be very common and hackers would use AI tools for hacking purposes.

Businesses will look for modern platforms and approaches, such as data fabrics, that bring the composable stack and distributed data together

In retail and hospitality, this will take the form of self-serve kiosks, autonomous order fulfilment and AI-enabled drive-

Connected TV will play an enormous role in 2022 for both businesses and consumers, and not just because of its growing popularity. Between data-driven targeting and advanced measurements, CTV has matured into a powerful medium to reach and engage with relevant consumers.

Advancements in technology are giving companies new ways to connect with customers and enhance the user experience. Experience-based technology apps already transforming the way consumers collect information, make decisions and complete purchases.

The widespread use of blockchain technology in businesses and consumer applications will positively affect the world. This will include new utilities ranging from smart contracts that allow for supply chains to be optimized to being able to eliminate frauds. Block chain will usher in an era of true transparency in business transactions.

Bank Branches & Onsite ATMs will reduce in the coming years.

Digital on boards to boost.

Next-Gen Branches will flourish globally.

Self-fertilizing crops are one of the world's Top 10 Emerging Technologies, according to the World Economic Forum and Scientific American.

?Other technology trends include developments in logistics and 3D-printed use in larger applications.

.Expect more buzz around the metaverse in 2022 with lines between the physical and digital worlds continuing to shorten

Over the next five years, the Kiosk market will register a 6.6% CAGR in terms of revenue, the global market size will reach US$ 23490 million by 2026.

After the Pandemic, we feel there would be increased demand globally for self-service products, especially self-service checkouts kiosks.

Customers would see the world & companies as a digital world.

Technical manpower will move from digital to human-centred transformation.

New start-ups eCommerce companies and websites will boom.

India is on the way to becoming a digital country.

Trust would become a key business imperative.

Companies need to adopt a digital transformation path or will face an extinction route

D to C markets will grow sustainably.

EC cars would rule over other petrol and diesel cars.

?Cloud applications will get momentum.

Smart cities, intelligent buildings and smart infrastructure will boom.

?The QSR restaurant segment continues to move ahead with outdoor digital menu boards, self-service kiosks, pickup foods & parcels technology etc.

?There would be a lot of new business coming from the infrastructure and aviation Industry in India.

The hotels, health care, hospitality, and entertainment industry is recovering and would take some time to get back to business.

?The product commercials are bound to rise due to increasing rising steel, raw materials costs, and freight costs going upwards.

,Retail verticals rebound trying new technologies like AI in their trail rooms and tracking customer preferences.

?QSRs, Self-ordering would be the futuristic way of the sophisticated and streamlined way for customers to select items from restaurants and food malls.

Newmarket verticals getting opened up like pharmacy vending, OTC Dispensing, wayfinding, medical emergency medical services, large new boards for routing traffics etc.

Post offices, banking, Insurance, smart cities, E-governance would buy more self-service solutions in India.

The demand for payment devices is especially strong in the gaming sector globally.

The latest market and technologies which are seen are

Accessible ?Automation.

?Robotics.

?Internet of Things (IoT).

?Industry 4.0

?Web 5.0

?Artificial Intelligence.

?Machine Learning. M To M

?Mobile Manipulators.

Robots & Cobots.

?Chatbox.

?5G

The powerful M tools today are Mind, Machines, Money and Mobiles?

Globally market regions as seen are as follows.

?Key Regional Areas Such As

North America comprising of (the United States, Canada and Mexico)

Europe comprising of (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific comprising of (China, Japan, Korea, India, Southeast Asia, and Australia)

South America comprising of (Brazil, Argentina, Colombia, and the Rest of South America)

The Middle East & Africa comprising of (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

?For more Consultation and Assistance, please

?Write to us at

?Self Service Products & IT Consulting Company

India

?Email.[email protected] or [email protected]

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#Digitaltransformations. #Cognitive technologies#CIOs#Kiosks#ATMs#DigitalSignage#Pos#Paymentsystems#AI#VI#IOT#Robotics#blockchain#NFD#Cyptocurrency#5G#WEB5#Industry4.0#automation#engineering#innovation#brandmanagers#analysts#consulates#tradecommissions#marketresearch#brandmanagers#CMOS#KiosksOEMS#Kiosks deployers#software#hardware#pheripherals?

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