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 Resources, Inc. since its establishment in 1995, has been working as an information sales agent, selling market research reports and annual subscription services, and also providing custom research and consulting services to Japanese and overseas customers. Data Resources offers such services to marketing and research personnel at telecommunication operators, IT services providers, semiconductor makers, automobile manufacturers, auto component manufacturers, electronics manufacturers, and materials manufacturers. Data Resources provides customers with the highest quality solutions available.
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