The global smart vending machine market is expected to grow by USD 17231.5 million during the period 2023-2027, accelerating at a CAGR of 24.94% during the forecast period


Global Smart Vending Machines Market 2023-2027 Analyst is monitoring the Smart Vending Machines Market and it is poised to grow by $17231. 5 mins during 2023-2027, accelerating to a CAGR of 24.

New York, Nov. 23, 2022 (GLOBE NEWSWIRE) — announces the publication of the report “Global Intelligent Vending Machine Market 2023-2027” –
94% over the forecast period. Our Smart Vending Machines Market report provides comprehensive analysis, market size and forecast, trends, growth drivers, and challenges, and vendor analysis covering around 25 vendors.
The report offers up-to-date analysis regarding the current global market scenario, latest trends and drivers, and overall market environment. The market is driven by the growing demand for cashless vending machines, the retail sector is changing the game of smart vending machines and the links between retailers and manufacturers.

The Smart Vending Machines Market is segmented as follows:
By product
• Beverage
• Food
• The tobacco

By installation sites
• Retail sites
• Public transport hubs
• Desks

By geographical landscape
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the ability to collect real-time data through smart vending machines as one of the major reasons for the growth of the smart vending machine market over the next few years. Moreover, the growing demand for modernized vending machines and product customizations will lead to a large demand in the market.

The analyst presents a detailed picture of the market through the study, synthesis and summation of data from several sources by analyzing the key parameters. Our Smart Vending Machines Market report covers the following areas:
• Sizing of the smart vending machine market
• Smart Vending Machines Market Forecast
• Industry Analysis of Smart Vending Machines Market

This robust vendor analysis is designed to help clients improve their position in the market, and in line with that, this report provides a detailed analysis of several leading vendors of the Smart Vending Machines market including Advantech Co. Ltd., Automated Merchandising Systems Inc., Azkoyen SA, Bianchi Industry SpA, Compass Group Plc, Crane Co., Digital Media Vending International LLC, EVOCA Spa, Fas International Srl, Fastcorp Vending LLC, Furukawa Electric Co. Ltd., Rhea Vendors Group Spa, Royal Vendors Inc., Seaga Manufacturing Inc., Selecta Group BV, Shanghai Linhan Information Technology Co. Ltd., Silkron Technology Sdn Bhd, The Wittern Group Inc., Vendors Exchange International Inc. and Westomatic Vending Services Ltd. In addition, the Smart Vending Machines Market analysis report includes information on upcoming trends and challenges that will influence the growth of the market. It’s about helping businesses strategize and take advantage of all the growth opportunities ahead.
The study was conducted using an objective combination of primary and secondary information, including contributions from key industry participants. The report contains a comprehensive market and vendor landscape in addition to an analysis of major vendors.

The analyst presents a detailed picture of the market through the study, synthesis and summation of data from several sources by analyzing key parameters such as profits, prices, competition and promotions. It presents various facets of the market by identifying the major industry influencers. The data presented is complete, reliable and the result of extensive primary and secondary research. Technavio’s market research reports provide a comprehensive competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report:

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