By 2028, a total of 11.4 million vending machines will be online.
Berg Insight has announced a new research report on the connected vending machine market. The first solutions to incorporate connectivity into vending machines became commercially available over 20 years ago. However, it took years for this technology to attract the interest of mainstream vending operators. Berg Insight estimates that approximately 44% of the 14.8 million vending machines worldwide are equipped with connectivity. The market has been gaining momentum in recent years, driven primarily by the demand for cashless payments, especially following the Covid-19 pandemic. However, as these solutions enable operators to improve operational efficiency, vending machine telemetry is expected to bring even greater transformation to the industry. [Contents] ■ Overview ■ Vending Telemetry and Cashless Payments ■ Company Profiles and Strategies ■ Forecasts and Conclusions
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Publisher: Berg Insights Publication Month: October 2024 Report Language: English *For more details, please visit our website or refer to the sample materials.
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Data Resource Co., Ltd. provides valuable information and analytical data for business strategy planning, including the latest market information on telecommunications, computers, electronics, energy, and automotive-related sectors worldwide, as well as competitor strategies, the development of new technologies and services, regulations, and intellectual property.
