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Global Connected Vending Machine Market 2016-2020

About the Connected Vending Machine Market

The vending machine industry has started to evolve from traditional machines to intelligent, or connected, machines. The industry has gone beyond just delivering snacks and is developing new and sophisticated retail solutions. Connected vending machines, unlike traditional machines, are engaging shoppers like never before with touchscreen controls, audio, video, scents, gesture-based interaction, and cashless payment. These connected vending machines are used in company facilities, universities, retail stores, and hospitals. Connected vending machines sell a variety of goods such as computer accessories, gold bars, tickets, foods and beverages, and office supplies. The advances taking place in these machines are enabling operators to analyze time- and location-based data pertaining to sales, inventory, and customer preferences.

Technavio’s analysts forecast the global connected vending machine market to grow at a CAGR of 23.25% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global connected vending machine market for the period 2016-2020. To calculate the market size, the report takes into account the installed base of connected vending machines worldwide for government and private enterprises. It considers those vending machines that dispense candies or snacks or confections, office coffee services (OCS), ice cream, vended food, beverages, manual food services, tobacco, and others.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Connected Vending Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Coin Acceptors Inc.
  • Crane Co.
  • Cubic Corp.
  • Fuji Electric Co. Ltd.
  • MEI Inc.
Other prominent vendors
  • Adrich Vending International Sp. z o. o.
  • Allied Drink Systems Ltd.
  • American Vending Machine Inc.
  • Asahi Seiko (Europe) Ltd.
  • Atlas Vending Pte. Ltd.
  • Bettavend Ltd.
  • Bianchi Vending Group SpA
  • Bulk Vending Systems Ltd.
  • Cantaloupe Systems Inc.
  • Canteen Corp.
  • Continental Vending Inc.
  • ETNA Coffee Technologies Fresh & Honest Café Ltd.
  • Fresh Healthy Vending International, Inc.
  • Glory Ltd.
  • GTECH Corp.
  • Ingenico S.A.
  • Innovative Vending Solutions LLC
  • Local Vending Ltd.
  • Maas International Group B.V.
  • Manchester Vending Services Ltd.
  • Panasonic Corp.
  • Royal Vendors Inc.
  • Sanden Vendo America, Inc.
  • UK Vending Ltd.
  • Vending Inc.
  • VeriFone Systems, Inc.
  • VendScreen, Inc.
  • Westomatic Vending Services Ltd.
Market driver
  • Growing adoption of connected vending machines in retail
  • For a full, detailed list, view our report
Market challenge
  • High initial investment and cost of production
  • For a full, detailed list, view our report
Market trend
  • Emergence of distinct connected vending machines
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Connected Vending Machine Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Connected Vending Machine Market: Coin Acceptors Inc., Crane Co., Cubic Corp., Fuji Electric Co. Ltd., and MEI Inc.

Other Prominent Vendors in the market are: Adrich Vending International Sp. z o. o., Allied Drink Systems Ltd., American Vending Machine Inc., Asahi Seiko (Europe) Ltd., Atlas Vending Pte. Ltd., Bettavend Ltd., Bianchi Vending Group SpA, Bulk Vending Systems Ltd., Cantaloupe Systems Inc., Canteen Corp., Continental Vending Inc., ETNA Coffee Technologies Fresh & Honest Café Ltd., Fresh Healthy Vending International, Inc., Glory Ltd., GTECH Corp., Ingenico S.A., Innovative Vending Solutions LLC, Local Vending Ltd., Maas International Group B.V., Manchester Vending Services Ltd., Panasonic Corp., Royal Vendors Inc., Sanden Vendo America, Inc., UK Vending Ltd., Vending Inc., VeriFone Systems, Inc., VendScreen, Inc., and Westomatic Vending Services Ltd.

Commenting on the report, an analyst from Technavio’s team said: “As the vending machine market is growing, vendors are looking for segments such as schools and colleges where they can create more demand. To cater to such places, firms are coming up with elegant and energy-efficient vending machines. It is also increasing the market for the indoor installation of the machines. Indoor vending machines occupy less space without reducing the variety of foods and beverages. Also, their power consumption is low.”

According to the report, the retail industry is one of the major end-users of connected vending machines. This is primarily because of these machines' better interaction with customers at retail outlets. Moreover, many intelligent vending machines are used to collecting customer data, enabling retailers to customize their service and product offerings as per the needs of customers. In China and India, the retail industry is witnessing surging growth, indicating huge growth prospects in these regions for the vending machine market.

Further, the report states that high initial investment and cost of production restricts the market growth.

Companies Mentioned

Coin Acceptors Inc., Crane Co., Cubic Corp., Fuji Electric Co. Ltd., MEI Inc, Adrich Vending International Sp. z o. o., Allied Drink Systems Ltd., American Vending Machine Inc., Asahi Seiko (Europe) Ltd., Atlas Vending Pte. Ltd., Bettavend Ltd., Bianchi Vending Group SpA, Bulk Vending Systems Ltd., Cantaloupe Systems Inc., Canteen Corp., Continental Vending Inc., ETNA Coffee Technologies Fresh & Honest Café Ltd., Fresh Healthy Vending International, Inc., Glory Ltd., GTECH Corp., Ingenico S.A., Innovative Vending Solutions LLC, Local Vending Ltd., Maas International Group B.V., Manchester Vending Services Ltd., Panasonic Corp., Royal Vendors Inc., Sanden Vendo America, Inc., UK Vending Ltd., Vending Inc., VeriFone Systems, Inc., VendScreen, Inc., Westomatic Vending Services Ltd.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Major countries covered
    • Top-vendor offerings
      • Table Product offerings
    • Currency conversion rates
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Opportunities for vendors
  • Industry overview
    • Global vending machine market
      • Table Global vending machine market segmentation by type 2015-2020 (installed base)
      • Table Market size and forecast of low-end vending machines 2015-2020 (millions of units)
  • Market landscape
    • Market overview
      • Table Overview of global connected vending machine market
    • Market size and forecast
      • Table Market size and forecast 2015-2020 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by location
    • Market overview
    • Market size and forecast
      • Table Connected vending machine market segmentation by location 2015
  • Market segmentation by product
    • Market overview
    • Market size and forecast
      • Table Global connected vending market segmentation by product 2015
  • Geographical segmentation
    • Table Geographical segmentation of connected vending machine market 2015
    • Table Geographical segmentation of connected vending machine market 2015-2020
    • Table Geographical segmentation of connected vending machine market 2015-2020 (thousands of units)
    • Connected vending machine market in Americas
      • Table Connected vending machine market in Americas 2015-2020 (thousands of units)
    • Connected vending machine market in APAC
      • Table Connected vending machine market in APAC 2015-2020 (thousands of units)
    • Connected vending machine market in EMEA
      • Table Connected vending machine market in EMEA 2015-2020 (thousands of units)
      • Table Global connected vending machine market: CAGR comparison by region
      • Table Regional growth rate comparison (%) 2015-2019
      • Table Growth rate comparisons of different regions 2016-2020 (%)
  • Key leading countries
    • Table Key leading countries
    • Table Overview of connected vending machine market in US
    • Table Overview of connected vending machine market in Japan
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Buying behavior
    • Table Vendor selection parameters
  • Vendor landscape
    • Competitive scenario
    • Key vendors
    • Other prominent vendors
  • Market summary
    • Market attractiveness
      • Table Global connected vending machine market traction by geography
    • Summary of key figures
      • Table Summary of key figures 2015-2020
  • Appendix
    • List of abbreviations
  • Explore Technavio

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