Road Ahead in the year 2022. Our Predictions

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 the Indian Payment

Systems need 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. Blockchain 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 continue 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

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 traffic 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 the Rest of Europe)

Asia-Pacific comprising of (China, Japan, Korea, India,

Southeast Asia, and Australia)

South America comprising (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]

?

#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?

?


Jawahar Lalla

Founder & Director | Technology & IT Consulting

3 年

Thanks Mr Nitin Gaonkar for sharing your valuable insights

回复
Nitin Gaonkar

Money and Technology are interestingly intertwined

3 年

On technology front - blockchains , cryptocurrencies & NFTs are experiencing explosive growth. Monetising these techs needs attention. Pricing ( particularly NFTs ) is going to be critical and needs lot of handholding of masses. This will create lot of opportunities sure. Digital Banking will also see lot of growth in the year to come. A big thanks Jawahar Lalla.

Hitesh Thakkar

Technology Evangelist

3 年

Thanks Mr. Jawahar Lalla for insightful trends in 2022. Hope to get more business cases around IOT, AI/ML, Block chain, NFTs.

Jawahar Lalla

Founder & Director | Technology & IT Consulting

3 年

Thanks Prashant.Nice to hear from you.Keep in touch.

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