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(CityRegions.Com, September 04, 2018 ) This report presents the worldwide Connected Vending Machines market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Connected vending machine is a machine that dispenses items such as snacks, beverages, alcohol, cigarettes, lottery tickets to customers automatically, after the customer inserts currency or credit into the machine. The first modern vending machines were developed in England in the early 20th century and dispensed postcards.
Connected vending machine is the contactless payment-enabled vending machines that support both online payment and site payment. It can also calculate the amount of the sold products and send messages automatically when the products are going to be sold out.
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The first solutions for including connectivity in vending machines became commercially available already two decades ago. It has still taken years for the technology to gain the interest of mainstream vending operators. The market has nevertheless gained momentum in recent years as more and more vending operators have started to deploy cashless payment systems and vending telemetry solutions at a larger scale. Demand for cashless payments is currently the main market driver. However, vending telemetry is forecasted to have a more transformational effect on the industry in the future as these solutions enable vending operators to substantially improve their operational efficiency. The global installed base of connected vending machines grew by 16.22 percent to over 140 thousand units in 2014.
The vending machine industry is undergoing a digital transformation as it seeks to embrace the growing trend toward Internet-connected devices to attract and engage more customers. Adding ‘intelligence’ to vending machines provides a more personal, interactive and fun experience for consumers while allowing brands and operators to use cloud services and data analytics, leading to reduced operating costs and the establishment of new innovative business models within the vending sector.
The Connected Vending Machines market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Connected Vending Machines
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The following manufacturers are covered in this report:
Fuji Electric
Azkoyen Group
Crane
Jofemar
Westomatic
Seaga
N&W Global Vending
Deutsche Wurlitzer
Automated Merchandising Systems
Sielaff
Bianchi Vending Group
Royal Vendors
FAS International
SandenVendo
Fushi Bingshan
TCN Vending Machine
Fuhong Vending
Kimma
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Some Points From Table of Content:
Chapter One: Study Coverage
Chapter Two: Executive Summary
Chapter Three: Breakdown Data by Manufacturers
Chapter Four: Breakdown Data by Product
Chapter Five: Breakdown Data by End User
Chapter Six: North America
Chapter Seven: Europe
Chapter Eight: Asia Pacific
Continued…
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