AI Powered Vending Machine Market is set to Experience a Revolutionary growth by 2030 with Types, Application, Growth Opportunities

Posted November 26, 2021 by bhandvalkar94

An erudite analysis of global AI Powered Vending Machine market has been recently added by Absolute Markets Insights to its comprehensive repository.
An erudite analysis of global AI Powered Vending Machine market has been recently added by Absolute Markets Insights to its comprehensive repository. The market study report is inclusive of present market scenarios, historical records, and future predictions. An accurate data of several market aspects such as type, size, application, and end user are included in the report for providing extensive business knowledge to readers. Moreover, the study provides a 360-degree overview of the competitive landscape of the industries. The report thus helps companies to gauge the threats and challenges faced by businesses.

Different sales strategies have also been extensively researched in order to get a clear idea of how to increase the number of global clients rapidly. The report is curated keeping in mind the business requirements of several industry experts, policymakers, and business in order to stimulate informed decisions in the businesses. The report also presents massive data related to the technological advancements, trending products or services observed in the market.

Browse complete report and table of contents:

In terms of revenue, global AI powered vending machine market was valued at US$ 4404.3 Mn in 2020 and is anticipated to grow at a CAGR of 16.25% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

Restaurants and cafes are rapidly adopting AI powered vending machines as the trend of self-servicing models is gaining popularity. For instance, JihankiShokudou is a vending machine-based restaurant in Gunma, Japan, where the customer has to collect his/her order from a vending machine. Similarly, ChaiPoint, a cafe chain in India, installed 3,500 AI and IoT-driven vending machines across the country in 2016. The adoption of these machines gave the cafe chain sales of nearly 0.6 million cups of tea in early 2020 before the lockdown was imposed owing to the COVID-19 pandemic. The faster mode of delivery through self-servicing machines is anticipated to drive the share of restaurants in global AI powered vending machine market over forecast years.

Vendor Profiling: AI Powered Vending Machine Market: Red Analytics Pty Ltd, DeepBlue Technology (Shanghai) Co., Ltd, Stockwell AI, Inc., The Coca-Cola Company, Smart Vending Machines, MintM and YI Tunnel amongst others.

Global AI Powered Vending Machine Market:

By Offering

Beverage Dispensing Vending Machines
Food Products /Snacks Dispensing Vending Machines
Medicine Dispensing Vending Machines
Accessories Dispensing Vending Machines
Specialised/Customised Products Dispensing Vending Machines
By Applications

Financial Management and Settlement
Commodity inventory management
Self-Monitoring System
Payment and Access
Vending Machine Availability
By Type

By End Use

School and Institutes
Hospital and Pharmacies
Supermarkets and Retail Outlets
Shopping Centers and Malls
By Region

North America
Asia Pacific
Middle East and Africa
Latin America
Contact Us:

Company: Absolute Markets Insights

Email id: [email protected]

Phone: +91-740-024-2424

Contact Name: Shreyas Tanna

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Issued By Kavita Sharma
Country India
Categories Business
Tags ai powered vending machine market
Last Updated November 26, 2021