The future of the intelligent vending machine market looks promising with opportunities in the office, community buildings, retail stores, and restaurants. The global intelligent vending machine market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $11.1 billion by 2025 with a CAGR of 7% to 9% from 2020 to 2025. The major drivers for this market are 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.
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. Fuji Electric, Evoca, Selecta Group, Crane Merchandising System, Sanden, and Royal Vendors are the major intelligent vending machine manufacturers.
A total of 137 figures / charts and 113 tables are provided in this 204 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of intelligent vending machine market report download the report brochure.
Intelligent vending machine opportunities have evolved through number of stages as presented in figure below:
Evolution of Intelligent Vending Machine Opportinities