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[English Market Research Report] Intelligent Vending Machine Market

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According to the latest research by Grand View Research, the global intelligent vending machine market size is expected to reach USD 55.52 billion by 2030, expanding at a CAGR of 14.0% from 2023 to 2030. The rapid increase in demand for self-service technology in Europe and North America, driven by advancements in automation technology and the growing adoption of contactless vending machines, is anticipated to be a key driver of industry growth during the forecast period. Intelligent vending machines are integrated with technologies such as LCD/touch screens, gesture-based interactions, cashless systems, telemetry systems, voice recognition, digital signage, and enterprise resource planning (ERP) systems. These integrated machines enable self-ordering as a convenient activity with various payment methods, including debit cards, credit cards, mobile wallets, and QR codes.

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【English Market Research Report】Intelligent Vending Machine Market

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The global intelligent vending machine market size reached 15.2 billion USD in 2022. Going forward, the IMARC Group forecasts that the market will show a growth rate of 13.80% (CAGR) between 2023 and 2028, reaching 32.6 billion USD by 2028. The rapid adoption of cashless payment systems, the increasing emphasis on remote monitoring and management of vending machines, and rapid digitalization are some of the key factors driving the market.

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