Smart Vending Machines Market: Industry Overview, Share, Size, Trends, Demand, and Opportunity

Posted on 2018-07-27 by Goldstein Research in Consumer Services // 0 Comments

New York, USA, 2018-Jul-27 — /EPR Network/ — According to Goldstein Research, global smart vending machines market is expected to reach USD 11.15 billion by 2024, growing at a CAGR of 37.6% over the forecast period 2016-2024. The smarter methods to avail the services such as payments through smartphones, better display of product information and improved machine to man communication is majorly driving the market. Global smart vending machines market segmentation has been done on the basis of product specialization, product type, application and geography. Beverages held the largest market share of 37.1% in 2016 on the back its highest sales made through smart vending machines. Global smart vending machines market is largely dominated by North America acquiring a 2/5^th market share in 2016 on the back of the high penetration of smartphones and connecting devices and the presence of the advanced technological infrastructure.

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Market Segmentation

On the basis of our in-depth analysis, Global Smart Vending Machines Market can be segmented as follows:

By Product Specialization

Single specialized machines
Full-line machines

By Product Type

Beverage
Food
Commodity

By Application

Offices
School/Institutions
Airports/Railway stations
Others (entertainment places, city streets, etc.)

By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Smart Vending Machines Market Outlook 2024” contains a detailed overview of the global smart vending machines market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product specialization, product type and applications.

Further, for the in-depth analysis, Global Smart Vending Machines Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This global market research report also includes competitive outlook of some of the major players profiling of companies such as N&W Global Vending S.p.A., Cantaloupe Systems, Seaga, Fas International, Rhea Vendors Group, Azkoyen Group, Sielaff GmbH & Co. KG, BIANCHI INDUSTRY S.p.A, Jofemar Corporation, Continental Vending Inc, Automatic Vending Specialist, Crane Merchandising Systems, Sanden, Royal Vendors, Bianchi Vending, Deutsche Wurlitzer, TCN Vending Machine, Fuhong Vending, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global smart vending machines market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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Market Segmentation

By Product Specialization

By Product Type

By Application

By Region

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