According to the report the global intelligent vending machines market reached a value of USD 22.81 billion in 2022. Aided by the rising need for convenient retail solutions and the broadening applications of intelligent vending machines across diverse sectors, the market is projected to further grow at a CAGR of 14.07% between 2023 and 2028 to reach a value of USD 50.44 billion by 2028.
Intelligent vending machines are automated self-service kiosks that dispense a wide range of products, including snacks, beverages, and other consumer goods. They offer various benefits, such as improved user experience, real-time inventory tracking, and energy efficiency. These machines also feature advanced technologies like touch screen controls, cashless payment systems, and face recognition, increasing their appeal among consumers and businesses alike.
The increasing consumer demand for quick and convenient shopping experiences is a primary driver for the global intelligent vending machines market growth. With the expanding urbanisation and hectic lifestyles, there has been a significant shift towards self-service retail solutions, which has resulted in a growing demand for intelligent vending machines. Furthermore, the rising trend of digitisation and cashless transactions has amplified the popularity of these machines, given their compatibility with digital payment methods.
Intelligent vending machines' diverse applications across different industries significantly contribute to the intelligent vending machines market expansion. In the retail sector, these machines provide round-the-clock access to products and enable efficient inventory management. In corporate environments, they serve as a convenient solution for employees to access snacks, beverages, and office supplies. The hospitality sector leverages these machines for providing guests with essential items without staff intervention. Hence, the increasing adoption of the product in these sectors is invigorating the intelligent vending machines market growth. Moreover, these machines find usage in public transportation hubs, offering travellers quick access to food, drinks, and travel essentials.
Additionally, the increasing demand for contactless retail solutions due to public health considerations has led to a heightened focus on intelligent vending machines. With the ongoing global health crisis, touchless shopping has gained significant importance, resulting in intelligent vending machines emerging as a critical component in the retail sector's evolution. These machines' advanced features, such as face recognition and touchless operation, offer a safer, more hygienic retail experience, boosting the relevance and expansion of intelligent vending machines market.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
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*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Intelligent vending machines are automated self-service kiosks that dispense a wide range of products, including snacks, beverages, and other consumer goods. They offer various benefits, such as improved user experience, real-time inventory tracking, and energy efficiency. These machines also feature advanced technologies like touch screen controls, cashless payment systems, and face recognition, increasing their appeal among consumers and businesses alike.
The increasing consumer demand for quick and convenient shopping experiences is a primary driver for the global intelligent vending machines market growth. With the expanding urbanisation and hectic lifestyles, there has been a significant shift towards self-service retail solutions, which has resulted in a growing demand for intelligent vending machines. Furthermore, the rising trend of digitisation and cashless transactions has amplified the popularity of these machines, given their compatibility with digital payment methods.
Intelligent vending machines' diverse applications across different industries significantly contribute to the intelligent vending machines market expansion. In the retail sector, these machines provide round-the-clock access to products and enable efficient inventory management. In corporate environments, they serve as a convenient solution for employees to access snacks, beverages, and office supplies. The hospitality sector leverages these machines for providing guests with essential items without staff intervention. Hence, the increasing adoption of the product in these sectors is invigorating the intelligent vending machines market growth. Moreover, these machines find usage in public transportation hubs, offering travellers quick access to food, drinks, and travel essentials.
Additionally, the increasing demand for contactless retail solutions due to public health considerations has led to a heightened focus on intelligent vending machines. With the ongoing global health crisis, touchless shopping has gained significant importance, resulting in intelligent vending machines emerging as a critical component in the retail sector's evolution. These machines' advanced features, such as face recognition and touchless operation, offer a safer, more hygienic retail experience, boosting the relevance and expansion of intelligent vending machines market.
Market Segmentation
The market can be divided based on machine type, product, application, and region.Market Breakup by
- Free-Standing Vending Machine
- Wall-Mounted Vending Machine
Market Breakup by Product
- Beverages
- Confections
- Food
- Snacks
- Others
Market Breakup by Application
- Manufacturing
- Commercial Malls and Retail Stores
- Offices
- Educational Institutes
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global intelligent vending machines companies. Some of the major key players explored in the report are as follows:- Fuji Electric Co., Ltd.
- Azkoyen, S.A.
- Bianchi Industry S.p.A. Group
- Crane Payment Innovations Inc.
- Rhea Vendors Group S.p.A.
- Westomatic Vending Services Ltd
- SandenVendo GmbH
- Seaga Manufacturing, Inc.
- Fas International S.R.L.
- Sielaff GmbH & Co. KG
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Intelligent Vending Machines Market Analysis
8.1 Key Industry Highlights
8.2 Global Intelligent Vending Machines Historical Market (2018-2022)
8.3 Global Intelligent Vending Machines Market Forecast (2023-2028)
8.4 Global Intelligent Vending Machines Market by Machine Type
8.4.1 Free-Standing Vending Machine
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Wall-Mounted Vending Machine
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Intelligent Vending Machines Market by Product
8.5.1 Beverages
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Confections
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Food
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Snacks
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Intelligent Vending Machines Market by Application
8.6.1 Manufacturing
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Commercial Malls and Retail Stores
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Offices
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Educational Institutes
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Intelligent Vending Machines Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Intelligent Vending Machines Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Intelligent Vending Machines Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Intelligent Vending Machines Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Intelligent Vending Machines Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Intelligent Vending Machines Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Fuji Electric Co., Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Azkoyen, S.A.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Bianchi Industry S.p.A. Group
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Crane Payment Innovations Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Rhea Vendors Group S.p.A.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Westomatic Vending Services Ltd
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 SandenVendo GmbH
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Seaga Manufacturing, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Fas International S.R.L.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Sielaff GmbH & Co. KG
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Other
16 Key Trends and Developments in the Market
Companies Mentioned
- Fuji Electric Co., Ltd.
- Azkoyen, S.A.
- Bianchi Industry S.p.A. Group
- Crane Payment Innovations Inc.
- Rhea Vendors Group S.p.A.
- Westomatic Vending Services Ltd
- SandenVendo GmbH
- Seaga Manufacturing Inc.
- Fas International S.R.L.
- Sielaff GmbH & Co. KG
Methodology
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