The global intelligent vending machine market is projected to reach $11.1 billion by 2025, at a CAGR of 7.7% during 2020-2025. The growth of intelligent vending machine market is driven by increasing adoption of vending machine to enhance customer shopping experience and growing demand for advance vending machine with inventory & transaction management and digital advertising features.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the intelligent vending machine
market by application (Beverages, candy/snack, food, and others), by end-use
(Office, community buildings, restaurants, retail stores, and others), by
height (65-75 Inches, and 25-35 Inches), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the intelligent vending machine market?
Q.4 What are some
changing demands of customers in the intelligent vending machine market?
Q.5 What are the new
developments in the intelligent vending machine market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this intelligent vending machine area and
how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this intelligent vending machine market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include increasing usage
of advanced technologies, such as smartphone interaction with facial, gesture,
and voice control system and usage of data analytics for enhanced customer
experience.
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clicking on https://www.lucintel.com/intelligent-vending-machine-market.aspx
Market Segmentation:
Based on application
type, the intelligent vending machine market is segmented into beverages,
candy/snack, food, and others. The beverages segment is accounted for the
largest share of the market in 2020 due to increasing demand for various
beverages such as cold drinks, alcohol, juices and energy drinks and food is
expected to register the highest CAGR during the forecast period, due to
increasing demand for easily accessible and ready to eat food products.
North America is
expected to be the largest region due to increasing adoption of self-service
technology and emergence of new business models. APAC is expected to witness highest growth
over the forecast period as these machines are becoming a major distribution
channels for fast moving consumer goods.
Key Players in the Intelligent
vending machine market are Fuji Electric, Evoca, Selecta Group, Crane
Merchandising System, Sanden, and Royal Vendors and others.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/intelligent-vending-machine-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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