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Insights on the Intelligent Vending Machine Market 2020-2024: COVID-19 Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast 2024 - Technavio


The intelligent vending machine market is expected to grow by USD 9.33 bn, progressing at a CAGR of almost 22% during the forecast period.

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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.

More details: https://www.technavio.com/report/intelligent-vending-machine-market-industry-analysis

Intelligent Vending Machine Market: Product Landscape

Based on the product, the beverage segment is expected to witness lucrative growth during the forecast period.

Intelligent Vending Machine Market: Geographic Landscape

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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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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Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Installation Sites

Customer Landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis

Appendix

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