Intelligent Vending Machines Market Size was Valued at USD 19.83 Billion in 2021 and is Expected to Expand at a Compound Annual Growth Rate (CAGR) of 13.3% from 2022 to 2030.
Intelligent vending machines market have been improved with major functionalities such as LCD/touchscreens, cashless systems, telemetry systems, speech recognition, digital signage, and enterprise resource planning (ERP) systems, among others. During the forecast period, the intelligent vending machines market is expected to benefit from the growing adoption of Internet of Things (IoT) and linked device technologies. The market’s growth is being fueled by consumers’ increased acceptance of cashless and contactless payments for food and beverage purchases.
Contactless mobile payments, face and voice recognition, Near-Field Communication (NFC), telemetry, and government mandates to show nutrition information and product warnings are all projected to have a favorable impact on the sector over the forecast period. Face and voice recognition sensors incorporated in intelligent vending machines assist users in product selection by recommending products based on their age and previous purchasing patterns. Furthermore, interactive touch screen display technology enables vendors to increase earnings by interacting with customers’ cellphones via HD screens that display interactive promotions, marketing adverts, and other monetizable third-party data.
Key players covered:
- FAS International
- TCN Vending Machine
- N&W Global Vending
- Automated Merchandising Systems
- Bianchi Vending
- Fuji Electric
- Royal Vendors
- Crane Merchandising Systems
- Deutsche Wurlitzer
- Fuhong Vending
Segment By types:
Segment By Applications:
- Railway Station
- Business Center
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of
Market in these regions:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some points from Table of Content
1 Market Overview
1.1 Product Definition and Market Characteristics
1.2 Global Intelligent Vending Machines Market Size
1.3 Market Segmentation
1.4 Global Macroeconomic Analysis
1.5 SWOT Analysis
2.1 Market Drivers
2.2 Market Constraints and Challenges
2.3 Emerging Market Trends
2.4 Impact of COVID-19
2.4.1 Short-term Impact
2.4.2 Long-term Impact
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