A vending machine is a device that administers things that are put away inside it in return of the embedded coins or tokens. An intelligent vending machine is a developed vending machine that apportions things as well as, draws in customers with the help of touch-screen controls, video, audio, scent, gesture-based interaction, and cashless installment. Commonly, a keen intelligent vending machine dispenses items such as packaged food, beverages, and tobacco products.
Intelligent Vending Machines is accounted for $9.90 billion in 2017 and is expected to reach $39.69 billion by 2026 growing at a CAGR of 16.6% during the forecast period. Increased government regulations, increased user interactivity, adoption of computing technology are the factors driving the market growth. However, regulations regarding the sale of junk food and tobacco products hinder the growth of this market.
Major Key Players of the Intelligent Vending Machines Market are:
Azkoyen Group, N&W Global Vending S.p.A., Crane Co., Westomatic Vending Services Ltd., Seaga, Bianchi Vending Group S.p.A, Royal Vendors, Jofemar, FAS International S.p.A, Sanden Corp and Rhea Vendors Group.
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