New research report of AI Powered Vending Machine Market has been published by Absolute Markets Insights. Primary and secondary research methods have been used to generate effective and accurate data for informed business decisions. The report includes subjective in-depth research and first-hand examination of our own quantitative estimates. This report provides a overview of the current market situation, including truth and forecast market forecast on trading volume, technological advances, macroeconomic and governance factors.
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.
Browse complete report and table of contents:https://www.absolutemarketsinsights.com/reports/AI-Powered-Vending-Machine-Market-2019-2027-655
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.
Global AI Powered Vending Machine Market:
- Beverage Dispensing Vending Machines
- Food Products /Snacks Dispensing Vending Machines
- Medicine Dispensing Vending Machines
- Accessories Dispensing Vending Machines
- Specialised/Customised Products Dispensing Vending Machines
- Financial Management and Settlement
- Commodity inventory management
- Self-Monitoring System
- Payment and Access
- Vending Machine Availability
By End Use
- School and Institutes
- Hospital and Pharmacies
- Supermarkets and Retail Outlets
- Shopping Centers and Malls
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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