The global intelligent vending machine market is projected to grow at a significant rate during the forecast period. The major factor that contributing in the growth of the market is the increasing adoption of innovative technologies such as sound recognition and increased user interactivity among others. In addition, increased application of smartphones for doing cashless transaction by using near field technology is also augmenting the market growth. However, factors such as government regulations regarding the sale of fast food near schools and tobacco in public areas and risk of theft and vandalism hamper the growth of the intelligent vending machine market.
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Major market players operating in the global intelligent vending machine market are Bianchi Industry SpA, Crane Merchandising Systems, Fuji Electric Co., Ltd., Azkoyen S.A. and Intel Corp. among others. These companies adopt various strategies such as partnership & collaborations, finding a new market or product innovations in their core competency in order to stay competitive in the market. For instance, In May 2019, Azkoyen Group attended the Euvend and Coffeena trade fair where they introduced the new Vitro S1 and Vitro S5 coffee vending machines that are integrated with payment solution and pre-infusion and brewing system.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
The Report Global Intelligent Vending Machine Market -Segmentation
By Product Type
- Beverages
- Snacks
- Others (Bakery Products)
By Mode of Payment
- Cash Payment
- Card Payment
- Others (Smartphones)
By End-User
- Shopping Malls
- Public Transport
- Corporates Offices
- Others (Tourist Place, Quick Service Restaurant)
By Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers:
- Comprehensive research methodology of the global intelligent vending machine market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global intelligent vending machine market.
- Insights about market determinants which are stimulating the global intelligent vending machine market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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