According to our (Global Info Research) latest study, the global Connected Vending Machines market size was valued at USD 934.9 million in 2023 and is forecast to a readjusted size of USD 1518.8 million by 2030 with a CAGR of 7.2% during review period.
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.
Europe is the largest Connected Vending Machines market with about 35% market share. Japan is follower, accounting for about 33% market share.
The key players are Fuji Electric, Azkoyen Group, Crane, Jofemar, Westomatic, Seaga, Evoca Group, Deutsche Wurlitzer, Automated Merchandising Systems, Sielaff, Bianchi Vending Group, Royal Vendors, FAS International, SandenVendo, Fushi Bingshan, TCN Vending Machine, Fuhong Vending, Kimma etc. Top 3 companies occupied about 35% market share.
The Global Info Research report includes an overview of the development of the Connected Vending Machines industry chain, the market status of Airport (Beverage, Commodity), Railway Station (Beverage, Commodity), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Connected Vending Machines.
Regionally, the report analyzes the Connected Vending Machines markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Connected Vending Machines market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Connected Vending Machines market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Connected Vending Machines industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Beverage, Commodity).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Connected Vending Machines market.
Regional Analysis: The report involves examining the Connected Vending Machines market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Connected Vending Machines market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Connected Vending Machines:
Company Analysis: Report covers individual Connected Vending Machines manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Connected Vending Machines This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Airport, Railway Station).
Technology Analysis: Report covers specific technologies relevant to Connected Vending Machines. It assesses the current state, advancements, and potential future developments in Connected Vending Machines areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Connected Vending Machines market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Connected Vending Machines market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Beverage
Commodity
Food
Others
Market segment by Application
Airport
Railway Station
School
Business Center
Others
Major players covered
Fuji Electric
Azkoyen Group
Crane
Jofemar
Westomatic
Seaga
Evoca Group
Deutsche Wurlitzer
Automated Merchandising Systems
Sielaff
Bianchi Vending Group
Royal Vendors
FAS International
SandenVendo
Fushi Bingshan
TCN Vending Machine
Fuhong Vending
Kimma
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Connected Vending Machines product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Connected Vending Machines, with price, sales, revenue and global market share of Connected Vending Machines from 2019 to 2024.
Chapter 3, the Connected Vending Machines competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Connected Vending Machines breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Connected Vending Machines market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Connected Vending Machines.
Chapter 14 and 15, to describe Connected Vending Machines sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Connected Vending Machines . Industry analysis & Market Report on Connected Vending Machines is a syndicated market report, published as Global Connected Vending Machines Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Connected Vending Machines market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.