The demand for cashless vending machines is one of the major factors propelling market growth. However, factors such as the rise in theft and vandalism, will hamper the market growth.
By geography, North America is going to have a lucrative growth during the forecast period. About 38% of the market's overall growth is expected to originate from North America. The US is a key market for intelligent vending machines in the region.
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Companies Covered:
Azkoyen SA
Compass Group USA Inc.
Crane Co.
FAS International Srl
Fuji Electric Co. Ltd.
GLORY Ltd.
Ingenico Group SA
Intel Corp.
Royal Vendors Inc.
Westomatic Vending Services Ltd.
What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Public transport hubs - Market size and forecast 2019-2024
Offices - Market size and forecast 2019-2024
Market opportunity by Installation sites
Customer Landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
AZKOYEN SA
Canteen Vending Services
Crane Co.
FAS International Srl
Fuji Electric Co. Ltd.
Glory Ltd.
Ingenico Group SA
Intel Corp.
Royal Vendors Inc.
Westomatic Vending Services Ltd.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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