Connected Vending Machine Market report provides emerging opportunities in the market and the future impact of major drivers and challenges and, support decision makers in making cost-effective business decisions. The Connected Vending Machine Industry report assesses key opportunities in the market and outlines the factors that are and will be driving the growth.
Short-Description of Connected Vending Machine Market: “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.
The global Connected Vending Machine market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
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Global Connected Vending Machine Market: Manufacturers Segment Analysis (Company and Product introduction, Connected Vending Machine Sales Volume, Revenue, Price and Gross Margin):
- Fuji Electric
- Azkoyen Group
- N&W Global Vending
- Deutsche Wurlitzer
- Automated Merchandising Systems
- Bianchi Vending Group
- Royal Vendors
- FAS International
- Fushi Bingshan
- TCN Vending Machine
- Fuhong Vending
The Connected Vending Machine Market Report Also Provides the information from raw materials to downstream buyers of this industry, which will be, analyzed scientifically, the feature of product circulation and sales channel will be presented as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Connected Vending Machine market.
Global Connected Vending Machine Market: Type Segment Analysis (Consumption Volume, Average Price, Revenue, Market Share and Trend 2013-2025):
Global Connected Vending Machine Market: Application Segment Analysis (Consumption Volume and Market Share 2013-2025; Downstream Customers and Market Analysis)
- Railway Station
- Business Center
The Global demand for Connected Vending Machine Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2025 compared to a few years ago, signifying the rapid pace of change.
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Key questions answered in this report
- What will be the Connected Vending Machine Market size in 2025 and what will be the growth rate?
- What are the key factors driving the global Connected Vending Machine Market?
- Who are the key vendors in this Connected Vending Machine Market space?
- What are the challenges to Connected Vending Machine Market growth?
- What are the Connected Vending Machine Market opportunities and threats faced by the vendors in the global Connected Vending Machine industry?
- What are the strengths and weaknesses of the key vendors?
- What are sales, revenue, and price analysis by types and applications of Connected Vending Machine Market?
- What are sales, revenue, and price analysis by regions of the Connected Vending Machine industry?
Connected Vending Machine Market Historic Data (2012-2018):
- Industry Trends: Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Connected Vending Machine Market Forecast (2018-2025):
- Market Size Forecast: Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
Connected Vending Machine Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
In addition, company-to-company comparison (Company benchmarking) and product-to-product comparison (Product benchmarking) are included in the research work. It presents key competitive factors that are vital for companies to excel in challenging market conditions.
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