Overview

Global intelligent vending machine market to value over USD 12 Billion by 2029 end and register a CAGR of over 13% from 2019 to 2029.

The global shipments are expected to exceed 8 million units by 2029.

The global intelligent vending machine market is driven by an increase for convenience especially with the aid of technology. The rising need for UI-based transactions and is supplemented by the surge in demand for cashless transactions. This growing call for having ease with financial payments globally is providing various avenues and sectors for the market to find application in and thus boost the growth of the market and increase the CAGR the market will grow in the near future. The trend for quick, hassle-free payments, switch to digital currency and payments and dependency on ATM cards and mobile banking have aided the intelligent vending machines to grow rapidly on a global scale. The dynamic rapid digitization and penetration of the internet across the globe in all sectors and industries has increased the need for consumer awareness and thus the intelligent vending machines find applications across various industries. The global intelligent vending machine market is currently in its nascent stage. However, breakthroughs in technology and changes in the consumer purchase patterns are expected to make way for rapid growth in the future.

The global intelligent vending machine market is segmented based on application, product dispensed, and region. By application, the market is segmented into QSR, shopping centers, offices, public transport, and others. By the product dispensed, the market is segmented into hot drinks, salty and savory snacks, bakery products, confectionery products, beverages, and others. The segment of hot drinks is expected to grow unboundedly and account for major market revenue.

The markets in North America account for the largest market share whereas the markets in developing regions of APAC are foreseen to grow at the highest CAGR.

Significant firms operating in the market are Azkoyen Group, Crane Co., FAS International S.P.A., Fuji Electric Co., Ltd., Glory Ltd., Canteen, Ingenico S.A., Intel Corporation, Westomatic Vending Services Ltd., and Royal Vendors, Inc.

Market Segmentation

1. By Application

●     QSR, shopping malls, and retail stores

●     Public Transport

●     Office/Institutions

●     Others

2. By Product Dispensed

●     Salty and savory snacks

●     Hot drinks

●     Bakery products

●     Confectionery products

●     Beverages

●     Others

3. By Region

●     North America

●     Europe 

●     Asia Pacific

●     Latin America 

●     Rest of the World

Competitive Landscape:

●      Tier 1 players- established companies in the market with a major market share

●      Tier 2 players

●      Emerging players which are growing rapidly

●      New Entrants 

FutureWise Takeaways

●      Growth prospects

●      SWOT analysis

●      Key trends

●      Key data points affecting market growth

Objectives of the Study:

●     To provide an exhaustive analysis on the global intelligent vending machine market by product dispensed, by application and by region

●      To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

●      To evaluate and forecast micro-markets and the overall market

●      To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and rest of the world

●      To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

●      Profiling of companies to evaluate their market shares, strategies, financials and core competencies

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics