The vending machines are portable automatic machines that dispense different products when money is inserted. Developing countries have adopted vending machines which are very convenient to use. Vending machine technology continues to provide latest advancements such as face recognition systems, and ID card identification to check the buying history of customers, thereby ushering an era of technologically advanced vending machines. The use of vending machines helps companies in strengthening their pricing power, while improving on their operating margins. Customers also remain benefited with the right product mix offered by the companies. This would help companies to increase their sales per transaction. The demand for vending machines has increased during the decade and with the introduction of cashless payment systems, the smart vending technology solutions are gaining the momentum on a large scale.

1. Global Vending Machine Market (2016 - 2022)
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2. ABSTRACT
The vending machines are portable automatic machines that dispense different products when
money is inserted. Developing countries have adopted vending machines which are very
convenient to use. Vending machine technology continues to provide latest advancements such
as face recognition systems, and ID card identification to check the buying history of customers,
thereby ushering an era of technologically advanced vending machines. The use of vending
machines helps companies in strengthening their pricing power, while improving on their
operating margins. Customers also remain benefited with the right product mix offered by the
companies. This would help companies to increase their sales per transaction. The demand for
vending machines has increased during the decade and with the introduction of cashless
payment systems, the smart vending technology solutions are gaining the momentum on a large
scale.
The demand for self-service machines and automated devices, wireless communication,
technology advancements and remote management are some of the notable factors driving the
global Vending Machine market. Increasing urbanization and rising disposable income have
fuelled the growth of vending machines. Governments of various regions restricted the use of
food and beverage vending machines in many places such as schools, and colleges, thereby
limiting the demand for these machines. However, companies have started introducing
technologically advanced products under the strict adherence to the government regulations.
Biometrics for self-service products helped consumers to experience secure and safe
transactions.

3. ABSTRACT
Vending Machine market is segmented into Beverage Vending Machine, Candy Vending Machine,
Snacks Vending Machine, Gumball Vending machine, Cigarette Vending Machine and Specialized
Vending Machines. Beverage vending machines have dominated the overall vending machine
market in terms of revenue generation, followed by the snacks vending machine throughout the
analysis period. The maximum growth is witnessed in specialized vending machine; this segment
would grow with the maximum CAGR during the forecast period (2016-2022). Based on the
solution type, the global vending machine market is segmented into deployment type and
managed services type. In 2014, deployment segment dominated the global kiosk market. The
report also highlights the market of vending machine across different geographies which include
North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East and Africa).
The report covers the analysis of key stake holders of the vending machine market. Key
companies profiled in the report include:
Azkoyen Group
Compass Group, Plc.
Honeywell International, Inc.
Aramark Corporation
Fujitsu Limited
Hitachi Ltd.
Others

4. Length Publisher Published Date
131 Pages
Knowledge Based
Value Research
April 18th,
2016
Table of Contents
1. 1. Introduction
2. 2. Market Overview
3. 3. Market by Type
4. 4. Market By Solution Type
5. 5. Market By Geography
6. 6. Company Profiles
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5. ABOUT THE PUBLISHER
Knowledge Based Value Research is a global brand and consulting firm serving all kinds of
business verticals, government and non-governmental organizations, and not-for-profit
organizations. Their motto is to extend their services that will have a lasting impact on clients
who trust them with their business goals. KBV Research’s aim is to transform and customize
their services to address the fast changing business needs of their clients. With innovative
methods, they seek to empower research tools with new capabilities that will eventually
bring about customer’s happiness, as they understand that businesses evolve.
View more reports from this publisher
Other Titles from this Publisher
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Global Mobile Business Process Management Market (2016 - 2022)
Global Managed Security Services Market (2016 - 2022)

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