Dallas, TX -- (SBWire) -- 08/24/2018 --Smart vending Machine now represents a new breed of vending machine connected to the internet.
Consumer interaction data is captured via touchscreen, beacon technology, NFC readers and simple motion sensors that detect a customer's physical presence, combined with mobile and enterprise back-end integration, which enables smart vending to offer real-time promotions, as well as upsell and cross-sell opportunities to personalize the user experience and promote brand loyalty.

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Airport, railway station, school and business Center are the main application areas for Smart Vending Machines market. Dairy, especially school, accounted for 21.54% of total market share, followed by airport (20%) and railway station (19.14%).

Over the next five years, LPI(LP Information) projects that Smart Vending Machines will register a 11.8% CAGR in terms of revenue, reach US$ 1410 million by 2023, from US$ 720 million in 2017.

The largest consumption area is Europe, North America and Japan which are much matured market. For emerging economies, like China, Smart Vending Machines technology is rapidly improving.

Although sales of Smart Vending Machines brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into this field.

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To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

1. Segmentation by product type: Beverage, Commodity, Food, Others
2. Segmentation by application: Airport, Railway Station, School, Business Center, Others

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Vending Machines market by product type, application, key manufacturers and key regions.

This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Fuji Electric, Crane Merchandising Systems, Sanden, N&W Global Vending, Seaga, Royal Vendors, Azkoyen, Sielaff, Bianchi Vending, Jofemar, FAS International, Automated Merchandising Systems, Deutsche Wurlitzer, TCN Vending Machine, Fuhong Vending etc...

Some of Major Point From TOC of Global Smart Vending Machines Market 2018

1 Scope of the Report

2 Executive Summary

3 Global Smart Vending Machines by Players

4 Smart Vending Machines by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Marketing, Distributors and Customer

11 Global Smart Vending Machines Market Forecast

12 Key Players Analysis

13 Research Findings and Conclusion

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