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Intelligent Vending Machine market grow tremendously at a CAGR of about 38.24% by 2021

ResearchMoz presents professional and in-depth study of "Global Intelligent Vending Machine Market 2017-2021".
Harsha Mohata | 06.03.2017
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The vending machine industry has evolved over the years. The addition of connectivity to vending machines has equipped the devices with more features. Additionally, the machines can now provide hot and cold beverages, snacks, and food. The intelligent/connected vending machines save a significant amount of time for end users as they offer real-time inventory tracking. Touchscreen capabilities, near-field communication-based (NFC-based) transactions, and cashless transactions are some of the distinguishing features these machines offer. They also support branding and advertising.

Technavios analysts forecast the global intelligent vending machine market to grow at a CAGR of 38.24% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global intelligent vending machine market for 2017-2021. To calculate the market size, the report considers the revenue generated from manufacturer sales of intelligent vending machines.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Intelligent Vending Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Crane
Coin Acceptors
Cubic
Fuji Electric

Other prominent vendors
American Vending Machines
Bianchi Vending
Bulk Vending Systems
Canteen
Continental Vending
Fresh Healthy Vending International
Glory
Royal Vendors

Market driver
Growing adoption of intelligent vending machines in retail
For a full, detailed list, view our report

Market challenge
Increasing vandalism and theft
For a full, detailed list, view our report

Market trend
Customization and personalization option
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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About the author: Harsha Mohata