Press release
Intelligent Vending Machine Market is expected to Increase nearly US$ 28 Bn at a CAGR of around 12% by 2031
Intelligent Vending Machines Market 2021-2031
According to the forecast by PMR, the global intelligent vending machines market is expected to project a market value of over US$ 5,000 Mn in 2017 reaching a value of over US$ 28 Bn in 2031. It is anticipated to grow at a CAGR of 12% during the forecast period.
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Intelligent vending machines refer to the new type of vending machines that dispense food and drinks. These machines have large LCD screens on the front doors that are used for interaction with consumers. It also features different advancements for payment options. The new technologies that are offered with smart vending machines are Near Field Communication, Telemetry Systems, Voice Recognition, Digital Signage, ERP etc. Its smart payment options include payment through E-Wallets, Credit Cards, Debit Cards, NFC and others, which reduce consumers’ efforts to carry money.
A new research report is published by Persistence Market Research titled ‘Intelligent Vending Machines Market: Global Industry Analysis 2012–2016 and Forecast 2017–2025’. The report gives a clear overview of the global intelligent vending machines market along with price analysis, Y-o-Y growth, trends that are governing the market, drivers that are driving the market growth and also restraints that are limiting the market growth.
Key Players:
The report has profiled some of the Important players prevalent in the global like – N&W Global Vending S.p.A., Seaga, FAS INTERNATIONAL S.P.A., Rhea Vendors Group Spa, Azkoyen Group, Sielaff GmbH & Co. KG, Automated Merchandising Systems Inc., BIANCHI INDUSTRY SPA, Jofemar Corporation, Continental Vending Inc., AUTOMATIC VENDING SPECIALISTS etc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Intelligent Vending Machines.
Global Intelligent Vending Machines Market: Segmental Highlights
The research report by PMR segments the global intelligent vending machines market into various segments based on different parameters.
On the basis of product type, hot drinks is expected to be the most lucrative segment of the market, as the demand for hot tea and coffee machines at corporate offices is increasing. It is expected to project a market value of over US$ 1,480 Mn in 2017. The market of soft drinks is also expected to register a CAGR of 16.3% during the forecast period.
On the basis of end use, the market is dominated by the corporate commercial areas segment with a market value of around US$ 1,340 Mn in 2017 and is anticipated to grow at a CAGR of 17.8%. It is followed by the mall and retail stores segment, which is anticipated to show growth at a steady CAGR of 15.8%.
On the basis of region, North America is the most attractive region that is estimated to hold the maximum market value of over US$ 1,600 Mn in 2017, expected to reach a market value of over US$ 5,000 Mn in 2025, growing at a CAGR of 15.4% during the forecast period.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Intelligent Vending Machines Market Manufacturers
Intelligent Vending Machines Market Distributors/Traders/Wholesalers
Intelligent Vending Machines Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
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Major Highlights of the Intelligent Vending Machines Market Report:
The Intelligent Vending Machines Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Intelligent Vending Machines Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
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About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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