Global Connected Vending Machines Market: Business Opportunities, Current Trends, Market Forecast & Global Industry Analysis by 2023

Connected Vending Machines Market research provides a basic overview of definitions, classifications, applications and chain structure. This report provides analysis for the international market including development history, competitive landscape analysis and major regional development status.

Connected vending machine is a machine that dispenses items such as snacks, beverages, alcohol, cigarettes, lottery tickets to customers automatically, after the customer inserts currency or credit into the machine. The first modern vending machines were developed in England in the early 20th century and dispensed postcards.

Connected vending machine is the contactless payment-enabled vending machines that support both online payment and site payment. It can also calculate the amount of the sold products and send messages automatically when the products are going to be sold out.
The first solutions for including connectivity in vending machines became commercially available already two decades ago. It has still taken years for the technology to gain the interest of mainstream vending operators. The market has nevertheless gained momentum in recent years as more and more vending operators have started to deploy cashless payment systems and vending telemetry solutions at a larger scale. Demand for cashless payments is currently the main market driver. However, vending telemetry is forecasted to have a more transformational effect on the industry in the future as these solutions enable vending operators to substantially improve their operational efficiency. The global installed base of connected vending machines grew by 16.22 percent to over 140 thousand units in 2014.

The vending machine industry is undergoing a digital transformation as it seeks to embrace the growing trend toward Internet-connected devices to attract and engage more customers. Adding ‘intelligence’ to vending machines provides a more personal, interactive and fun experience for consumers while allowing brands and operators to use cloud services and data analytics, leading to reduced operating costs and the establishment of new innovative business models within the vending sector.

The Connected Vending Machines market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Connected Vending Machines.

The prominent players in Connected Vending Machines market is entitled with brief business overview and financial information about each of these players along with their product portfolios, product channels and recent developments.

Top Players of Connected Vending Machines market is:

Fuji Electric
Azkoyen Group
Crane
Jofemar
Westomatic
Seaga
N&W Global Vending
Deutsche Wurlitzer
Automated Merchandising Systems
Sielaff
Bianchi Vending Group
Royal Vendors
FAS International
SandenVendo
Fushi Bingshan
TCN Vending Machine
Fuhong Vending
Kimma
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By Product types, Connected Vending Machines Market report revenue and growth rate of each Type, primarily split into: Bevarage, Commodity, Food, Other,

By End Users Application, Connected Vending Machines Market report focuses on the outlook for major application areas, sales volume and growth rate for each Application, including: Airport, Railway Station, School, Business Center, Other, ,

Target Audience:

Venture Capitalists and Private Equity Firms
New Entrants/Investors
Analysts and Strategic Business Planners
Connected Vending Machines Manufacturers, Suppliers and Distributors
Government Regulatory and Research Organizations
Investment Research Firms / Associations
Geographically, Connected Vending Machines Market report split globally into major key Regions, with revenue, market share and growth rate from 2013 to 2024 (forecast), covering: United States, Europe, China, Japan, North America, India.

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Major Topics Covered in Connected Vending Machines market research report are as follows:

Marketing Strategy Analysis, Distributors/Traders

Marketing Channel and advancement
Direct Marketing
Indirect Marketing
Market Positioning
Market Effect Factors Analysis

Technology Progress/Risk
Technology Progress in Related Connected Vending Machines market
Consumer Needs/Customer Preference Change
Economic/Political Environmental Change
The report can answer the following questions:

What is the global (North America, South America, Europe, Africa, Middle East, Asia, China, Japan) production, production value, consumption, consumption value, import and export of Connected Vending Machines
Who are the global key manufacturers of Connected Vending Machines market How are their operating situation (capacity, production, price, cost, gross and revenue)
What are the types and applications of Connected Vending Machines What is the market share of each type and application
What are the upstream raw materials and manufacturing equipment of Connected Vending Machines What is the manufacturing statistics of market
Economic impact on Connected Vending Machines market and development trend of market.
What will the Connected Vending Machines market size and the growth rate be in 2022
What are the key factors driving the global Connected Vending Machines market
Price of this Report (SUL): $ 4900

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Additionally, this report concludes with the Connected Vending Machines market size estimation, primary and secondary data sources, development trends and research conclusion, Connected Vending Machines market forecast by region, by types and end user application, marketing environment in present market, regional trading with import and export, Connected Vending Machines market key components, top most company and their profiles, SWOT analysis and more.

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