Dublin, Jan. 19, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Intelligent Vending Machines Market Size & Analysis By Type (Hot Drinks, Snacks, Packaged Drinks), By Application (QSR, Shopping Malls, & Retail Stores, Offices, Public Transport), By Region, And Segment Forecasts, 2014 - 2025" report to their offering.
Key findings from the study suggest:
The global intelligent vending machines market is expected to reach USD 11.84 billion by 2025
The surge in the penetration of self-services technology across North America and Europe is anticipated to drive the industry growth over the next nine years. Intelligent vending machines incorporate energy efficient electronic equipment including efficient lighting components, such as LEDs, compressors, and sensors, that help in conserving energy.
Industry players are progressively participating and promoting initiatives, such as Refrigerants and Naturally!, that help in eliminating and minimizing the release of hydrofluorocarbons (HFC) from vending machines. This is subsequently impelling the demand for HFC-free products such as intelligent vending systems.
The incorporation of ground-breaking features, such as voice and face recognition that enables interaction between the machine and the consumer, is energizing the industry growth prospects. These features add intelligence to the systems by detecting and responding to consumers and offer a dynamic visual experience with interactive promotions.
The increasing consumer preference toward cashless payments is a favorable trend observed in the market. The acceptance of payments through technologies, such as Near-field Communication (NFC), is instrumental in driving public interest owing to the easier, faster, and contactless modes of payment. These modes help in decreasing the cash management costs and subsequently decrease threats such as theft and vandalism.
Intelligent dispensing systems help in gaining insights regarding consumer behavior, preferences, and buying patterns. Interactive displays help vendors to generate more revenue through the display of advertisements and loyalty programs.
Further key findings from the study suggest:
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Intelligent Vending Machines Market Variables, Trends & Scope
4 Intelligent Vending Machines Type Estimates & Trend Analysis
5 Intelligent Vending Machines Application Estimates & Trend Analysis
6 Intelligent Vending Machines Regional Estimates & Trend Analysis
7 Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/fprbr9/intelligent