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  • Intelligent Vending Machine Market Growth Key Players are: Crane Co., Royal Vendors, Advantech Co. Ltd., Jofemar, Bianchi Vending Group S.p.A, Sanden Corp., Azkoyen Group, Westomatic Vending Services Ltd., FAS International S.p.A., Rhea Vendors Group, Con

    (I-SoftwareNews.Com, August 08, 2018 ) Market Overview:-

    Intelligent Vending Machine Market size is anticipated to witness growth during the forecast period, owing to the increase in penetration of connected device and internet of things (IoT) technology. These technological advancements are facilitating the conversion of conventional vending machines to intelligent systems to provide more interacting and engaging customer experience.

    Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1570

    Technological advancements are expected to lead adoption of innovative techniques including voice and face recognition in dispensing systems to recommend products to consumers based on their age and gender, thus propelling the Intelligent Vending Machine Market size. Equipped with such high-tech features, these systems offer customers a more personal, fun, and interactive experience thus allowing the brands and operators to use cloud and data analytics to reduce operational costs and increase efficiency. Swift urbanization and increasing traffic at public places is projected to further give impetus to intelligent vending machine market growth.

    Top Key Players:-

    Players in the intelligent vending machine market players include Crane Co., Royal Vendors, Advantech Co. Ltd., Jofemar, Bianchi Vending Group S.p.A, Sanden Corp., Azkoyen Group, Westomatic Vending Services Ltd., FAS International S.p.A., Rhea Vendors Group, Continental Vending, and N&W Global Vending S.p.A.

    Market share calculation in this report is not done based on companies covered in it. The calculation of intelligent vending machine market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

    Request for customization @ https://www.gminsights.com/roc/1570

    Regional Segmentations: -

    North America is expected to dominate the intelligent vending machine market, owing to emergence of new business models and increasing adoption of self-service technology. Favorable regulations related to energy conservation in the U.S. is expected to contribute to the industry growth.

    Browse Full Report @ https://www.gminsights.com/industry-analysis/intelligent-vending-machine-market

    The intelligent vending machine market is segmented on the basis of type and applications. Based on type, the machines are classified as snacks, hot drinks, and packaged drinks vending machines Packaged drinks segment is expected to grow at a significant growth rate during the forecast period, owing to growing customer focus on healthy vending. This segment includes water, juice, milk, energy drinks, and flavored water. Consumers ate consistently looking for low calorie drinks that suit healthy lifestyles. Availability of drinks in innovative multi-layered aseptic cartons and tetra packs is increasing the consumption of packaged drinks. Rising consumer preference for instant hydration and refreshment is expected to escalate intelligent vending machine market growth in hot drinks segment.

    Based on applications, the intelligent vending machine market is segmented as offices, QSR, shopping malls, retail stores, and public transport. The adoption of these systems in office is anticipated to gain traction during the forecast period, due to benefits such as cost effectiveness, space conservation, and cleanliness. The QSR, retail stores, and shopping malls are expected to dominate the application segment over the future. Retail sector is one of the major users of these systems, owing to enhanced interaction of these machines with customers at retail outlets. These machines can collect customer data and enable retailers to customize product and service offerings according to customer needs driving the intelligent vending machine market growth.

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