Press release
Intelligent Vending Machine Market Analysis 2021 - Growth by Top Companies and Trends by Types, Treatment, Diagnosis and Application - Forecast Analysis to 2031
Intelligent Vending Machine Market
New-age technologies such as Artificial Intelligence (AI) and Internet of things (IoT) are used in intelligent vending machines to make them smarter. They are equipped with rich graphics and high-definition displays that enable these hi-tech machines to offer a personalized on-demand customer experience.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/20221
AI-based intelligent or smart vending machines offers suggestions on the popularity of a product or information about a product, and provide better alternatives to meet consumers' needs. These machines use Near Field Communications (NFC) and integrated circuit card readers for cashless or non-contact data transactions. With the help of a microphone and camera, the machine allows customers to have a more personalized UI experience through voice and video, thereby driving their popularity.
Key Takeaways from Market Study
• Free-standing vending machines are anticipated to account for a leading share in the global market.
• Demand from malls & retail stores is expected to dominate the market for the maximum duration of the forecast period, and that from airports & railway stations is expected to exhibit high CAGR of 18%.
• Europe is expected to lead the global market followed by North America.
• South Asia & Pacific is anticipated to emerge as the fastest-growing regional market through 2031.
• The market in India is expected to surge at a CAGR of almost 19% through 2031.
• In GCC countries, sales of intelligent vending machines are expected to increase at a CAGR of close to 18% over the next ten years.
"Intelligent vending machines help create unprecedented opportunities in the retail sector," says a Persistence Market Research analyst.
For In-Depth Competitive Analysis, Buy Now @ https://www.persistencemarketresearch.com/checkout/20221
Rising Adoption across Retailers and Advancements in Automated Technologies Driving Product Sales
An intelligent vending machine is an automated vending machine that distributes goods and also engages shoppers/customers with video, touch-screen controls, gesture-based communication, and cashless payment capabilities.
Use of intelligent vending machines by retailers has increased as they helps increase profit margins. They include features such as remotely managed pricing, cloud-based inventory tracking, touchless payments, and much more. Also, government initiatives to support adoption of digitalization along with IoT infrastructure across the globe is fueling demand for intelligent vending machines.
Key players :
• Fuji Electric Co., Ltd.
• Royal Vendors, Inc.
• Crane Merchandising Systems
• Sanden Holdings Corporation
• N&W Global Vending S.p.A.
• Seaga
• FAS International S.p.A.
• Rhea Vendors Group Spa
• Azkoyen Group
• Sielaff GmbH & Co. KG
• Automated Merchandising Systems Inc.
• Bianchi Industry S.p.A.
• Jofemar Corporation
• Continental Vending Inc.
• Automatic Vending Specialists
More Valuable Insights on Offer
Persistence Market Research's report on the intelligent vending machine industry research is segmented into five major sections - machine type free-standing vending machines and wall-mounted vending machines), product type (packaged food & snacks, beverages, combination (food & beverages), medical supplies & hygiene products, and others), application (hospitals & clinics, hotels & restaurants, malls & retail stores, airports & railways stations, corporates & offices, academic institutions, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate the lucrative opportunities in the market.
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/20221
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Intelligent Vending Machine Market Analysis 2021 - Growth by Top Companies and Trends by Types, Treatment, Diagnosis and Application - Forecast Analysis to 2031 here
News-ID: 2791976 • Views: …
More Releases from Persistence Market Research
Increasing Border Security and Tech Advancements Drive U.S. Surveillance Drone M …
The U.S. surveillance drone market is experiencing a period of rapid expansion, driven by technological advancements, heightened security needs, and the integration of advanced analytics in unmanned aerial systems (UAS). In 2024, the market is estimated at US$1.7 billion and is projected to reach US$4.2 billion by 2031. This growth represents a strong compound annual growth rate (CAGR) of 13.1% during the forecast period from 2024 to 2031.
Market demand is…
Europe Molded Pulp Packaging Market Predicted to Reach US$2.1 Bn by 2032
The Europe molded pulp packaging market is undergoing a significant transformation as sustainability becomes a central theme in product design and consumer expectations. Molded pulp packaging, made from recycled paper, cardboard, or other natural fibers, is gaining traction as an environmentally friendly alternative to traditional plastics and Styrofoam. This material not only aligns with the principles of circular economy but also delivers high functionality across food packaging, consumer goods, and…
Global Automotive Acoustic Engineering Services Market Expected to Rise from US$ …
The global automotive acoustic engineering services market is witnessing accelerated growth, reflecting the dynamic transformation of the automotive sector. Valued at US$5.3 billion in 2024, the market is projected to expand robustly, reaching approximately US$10.1 billion by 2031. This impressive trajectory represents a compound annual growth rate (CAGR) of 9.5% between 2024 and 2031.
The market growth is underpinned by several influential factors. The increasing adoption of electric and hybrid vehicles…
Global High Performance Wheels Market Expected to Rise from US$ 25.1 Billion in …
The global high performance wheels market is undergoing a transformative expansion, driven by a confluence of technological innovation, rising consumer demand for premium vehicles, and stringent efficiency standards across the automotive industry. Valued at US$25.1 billion in 2024, the market is projected to ascend to US$41.3 billion by 2031, reflecting a compound annual growth rate (CAGR) of 7.3% during the forecast period of 2024-2031.
A growing preference for lightweight, durable, and…
More Releases for Vending
Cool Drink Vending Machine Market Biggest Innovation with Top Key Players -Expre …
The Cool Drink Vending Machine report is an in-depth examination of the global Cool Drink Vending Machine's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Cool Drink Vending Machine industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Cool Drink Vending Machine analysis takes into account a number of aspects, including a country's population…
Fresh Food Vending Machines Market | Key Players - Canteen Vending, Biocom Vendi …
Inventions in the food industry have resulted in the reduction of human efforts for meeting their necessary requirements such as food. Eatables are now readily available to customers through vending machines which are available at workplaces, shopping malls, schools, universities, hospitals, and other public places. Earlier, the food vending machines were mostly focused on providing fast foods.
Get Report Sample Copy @ https://www.mrrse.com/sample/1846
However, during the recent years, the rise in health…
Fresh Food Vending Machines Market | Industry Key Players - Canteen Vending, Bio …
Inventions in the food industry have resulted in the reduction of human efforts for meeting their necessary requirements such as food. Eatables are now readily available to customers through vending machines which are available at workplaces, shopping malls, schools, universities, hospitals, and other public places. Earlier, the food vending machines were mostly focused on providing fast foods.
Get Exclusive Free Sample Report @ https://www.mrrse.com/sample/1846
However, during the recent years, the rise in…
Current Scenario of Fresh Food Vending Machines Market | Canteen Vending, Biocom …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Fresh Food Vending Machines Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
For Insights Research Study | Get Report Sample Pages @ https://www.mrrse.com/sample/1846
Inventions…
Food and Beverages Vending Machine Market 2018 Analysis By Key Players – Innov …
The report provides a comprehensive analysis of the Food and Beverages Vending Machine industry market by types, applications, players and regions. This report also displays the 2013-2025 production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Food and Beverages Vending Machine industry in USA, EU, China, India, Japan and other regions
Market Analysis by Players: This report includes following top vendors in terms of…
Fresh Food Vending Machines Market | Global Growing Industry Key Players Analysi …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Fresh Food Vending Machines Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Report Sample Copy for More Info @ https://www.mrrse.com/sample/1846
Inventions in the food…
