© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network Intelligent Vending Machine Market 2024 Trends, Challenges and Growth Drivers Analysis: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America is expected to dominate the intelligent vending machine market, owing to emergence of new business models and increasing adoption of self- service technology.  Favorable regulations related to energy conservation in the U.S. is expected to contribute to the industry growth. Regional Analysis of Intelligent Vending Machine Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The intelligent vending machine market is segmented as offices, QSR, shopping malls, retail stores, and public transport. The adoption of these systems in office is anticipated to gain traction during the forecast period, due to benefits such as cost effectiveness, space conservation, and cleanliness.  The QSR, retail stores, and shopping malls are expected to dominate the application segment over the future. Retail sector is one of the major users of these systems, owing to enhanced interaction of these machines with customers at retail outlets.  These machines can collect customer data and enable retailers to customize product and service offerings according to customer needs driving the intelligent vending machine market growth. Application Analysis of Intelligent Vending Machine Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Players in the intelligent vending machine market players include Crane Co., Royal Vendors, Advantech Co. Ltd., Jofemar, Bianchi Vending Group S.p.A, Sanden Corp., Azkoyen Group, Westomatic Vending Services Ltd., FAS International S.p.A., Rhea Vendors Group, Continental Vending, and N&W Global Vending S.p.A.  Intelligent vending machine market players focus in adopting strategies for inorganic growth by acquiring relatively smaller players in the market. In October 2015, Bianchi Vending S.p.A. acquired a manufacturer of espresso machines, Brasilia. This acquisition was undertaken to strengthen its restaurant, hotel, and catering business that ensures supply to restaurants, bars, hotels, and catering companies. The beverage manufacturers are increasingly collaborating with intelligent vending machine market players to focus on customer retention and satisfaction. For instance, soft drinks giants, PepsiCo and Coca-Cola use their own exclusive smart vending machines to sell their products. Competitive Market Share of Intelligent Vending Machine

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