Global Connected Vending Machine Market 2016-2020 - Emergence of Distinct Connected Vending Machines - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Connected Vending Machine Market 2016-2020" report to their offering.

The report forecasts the global connected vending machine market to grow at a CAGR of 23.25% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

As the vending machine market is growing, vendors are looking for segments such as schools and colleges where they can create more demand. To cater to such places, firms are coming up with elegant and energy-efficient vending machines. It is also increasing the market for the indoor installation of the machines. Indoor vending machines occupy less space without reducing the variety of foods and beverages. Also, their power consumption is low.

According to the report, the retail industry is one of the major end-users of connected vending machines. This is primarily because of these machines' better interaction with customers at retail outlets. Moreover, many intelligent vending machines are used to collecting customer data, enabling retailers to customize their service and product offerings as per the needs of customers. In China and India, the retail industry is witnessing surging growth, indicating huge growth prospects in these regions for the vending machine market.

Further, the report states that high initial investment and cost of production restricts the market growth.

Key vendors:

  • Coin Acceptors Inc.
  • Crane Co.
  • Cubic Corp.
  • Fuji Electric Co. Ltd.
  • MEI Inc.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Industry overview

PART 06: Market landscape

PART 07: Market segmentation by location

PART 08: Market segmentation by product

PART 09: Geographical segmentation

PART 10: Key leading countries

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Buying behavior

PART 17: Vendor landscape

PART 18: Market summary

For more information visit http://www.researchandmarkets.com/research/nvfq6t/global_connecte

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Vending Machines

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Vending Machines