MarketResearchNest.com
adds “Global Connected Vending Machines
Market Growth 2019-2024”new report to its research database.
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.
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.
According to this study, over the next five years the
Connected Vending Machines market will register a xx% CAGR in terms of revenue,
the global market size will reach US$ xx million by 2024, from US$ xx million
in 2019. In particular, this report presents the global market share (sales and
revenue) of key companies in Connected Vending Machines business, shared in
Chapter 3.
This report presents a comprehensive overview, market
shares, and growth opportunities of Connected Vending Machines market by
product type, application, key manufacturers and key regions and countries.
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This study considers
the Connected Vending Machines value and volume generated from the sales of the
following segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
Bevarage
·
Commodity
·
Food
·
Other
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
Airport
·
Railway Station
·
School
·
Business Center
·
Other
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contents and data tables @
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,
China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France,
UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel,
Turkey, GCC Countries
The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
Fuji Electric, Azkoyen Group, Crane, Jofemar, Westomatic, Seaga,
Evoca Group, 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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In addition, this report discusses the key drivers
influencing market growth, opportunities, the challenges and the risks faced by
key manufacturers and the market as a whole. It also analyzes key emerging
trends and their impact on present and future development.
Research objectives
·
To study and analyze the global Connected Vending Machines consumption
(value and volume) by key regions/countries, product type and application,
history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of Connected Vending Machines market by
identifying its various subsegments.
·
Focuses on the key global Connected Vending Machines manufacturers, to define, describe and
analyze the sales volume, value, market share, market competition landscape,
SWOT analysis and development plans in next few years.
·
To analyze the Connected Vending Machines with
respect to individual growth trends, future prospects, and their contribution
to the total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of Connected Vending
Machines submarkets, with respect to key regions (along with their respective
key countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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