Global Connected Vending Machine Market 2016-2020

  • Published: May 2016
  • Pages: 58
  • SKU: IRTNTR8956

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market research report segments the global connected vending machine market by location (manufacturing plants, offices, restaurants, retail sites, hospitals and nursing homes, universities and schools, military bases, and others), by product (candy, snacks, confections, OCS, ice cream, vended food, beverages, manual food services, tobacco, and others), and by geography (the Americas, APAC, and EMEA). The leading vendors in this market are Coin Acceptors, Crane, Cubic, Fuji Electric, and MEI.

Overview of the global connected vending machine market

Technavio’s market research analyst predicts that the global connected vending machine market will grow at a rapid CAGR of just over 23% during the forecast period. The rising adoption of connected vending machines in the retail sector is a noteworthy factor promoting market growth during the predicted period. In the retail sector, connected vending machines are extensively used as they are better at interacting with customers at retail outlets. Since these machines are useful for collecting customer data, they allow retailers to customize their service and product offerings as per the needs of customers. The ability of these machines to help operators captivate the audience, attain higher sales, and increase brand visibility will lead to its increased adoption over the next few years.

An important trend influencing the prospects for growth in this market is the retrofitting of existing vending machines. Due to increasing market competition, vendors are bringing in new technologies to the market, but the cost of employing such technologies and installing new vending machines will be very high. Consequently, the need for retrofitting will increase as it will help retailers to avoid the cost of installing a new vending machine amid fluctuating economic conditions.

Location-based segmentation of the connected vending machine market

  • Offices
  • Manufacturing plants
  • Restaurants, bars, clubs, and hotels
  • Retail sites
  • Hospitals and nursing homes
  • Universities and schools
  • Military bases

During 2015, the offices segment dominated this market and accounted for a market share of almost 22%. In offices, connected vending machines are used to serve a variety of beverages like coffee, tea, hot milk, and cold drinks. Since offices are generally crowded areas, they are the most favorable location for installing connected vending machines.

Geographical segmentation of the connected vending machine market

  • Americas
  • APAC
  • EMEA

Currently, the Americas is the largest market for connected vending machines globally and will retain its market position until 2020 owing to the increasing popularity and awareness of connected vending machines in the region. Factors like the high smartphone penetration and the presence of tech-savvy consumers in this region will lead to the growth of this market during the next four years.

Competitive landscape and key vendors

The landscape for the global connected vending machines market is very competitive due to the presence of many local and multinational vendors. Since this market is fragmented, competition between providers is high, and is expected to remain so over the next few years. Low market penetration and rapid technological changes are other factors intensifying competition among suppliers. 

Key vendors in the market are -

  • Coin Acceptors
  • Crane
  • Cubic
  • Fuji Electric
  • MEI

Other vendors in the market include Adrich Vending International Sp., Allied Drink Systems Ltd., American Vending Machine Inc., Asahi Seiko (Europe) Ltd., Atlas Vending Pte. Ltd., Bettavend Ltd., Bianchi Vending group SpA, Bulk Vending Systems Ltd., Cantaloupe Systems Inc., Canteen Corp., Continental Vending Inc., ETNA Coffee Technologies Fresh & Honest Café Ltd., Fresh Healthy Vending International Inc., Glory Ltd., GTECH Corp., Innovative Vending Solutions LLC, Local Vending Ltd., Maas International Group B.V., Manchester Vending Services Ltd., Panasonic Corp., Royal Vendors Inc., Sanden Vendo America, Inc., UK Vending Ltd., Vending Inc., Verifone Systems Inc., VendScreen Inc., and Westomatic Vending Services Ltd.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global connected vending machine market?
  • What are the key market trends impacting the growth of the global connected vending machine market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global connected vending machine market?
  • What are the market opportunities and threats faced by the vendors in the global connected vending machine market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global connected vending machine market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

A connected vending machine is a new breed of vending machine that is equipped with barcode readers, geofencing technology, telemetry sensors, and NFC payment options. They have a personalized gigantic touchscreen (42” HD touchscreen) and also contain a camera, microphone, and speakers. Due to the advent of these advanced vending machines (VMs), retailers can better engage their consumers to bolster their revenue generating capacity.

The report, global connected vending machine market, is part of Technavio’s hardware and semiconductor research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as computing devices, displays, embedded systems, human machine interface, lighting, semiconductor equipment, and sensors. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings
  • Currency conversion rates

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Industry overview

  • Global vending machine market

PART 06: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 07: Market segmentation by location

  • Market overview
  • Market size and forecast

PART 08: Market segmentation by product

  • Market overview
  • Market size and forecast

PART 09: Geographical segmentation

  • Connected vending machine market in Americas
  • Connected vending machine market in APAC
  • Connected vending machine market in EMEA

PART 10: Key leading countries

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Buying behavior

PART 17: Vendor landscape

  • Competitive scenario
  • Key vendors
  • Other prominent vendors

PART 18: Market summary

  • Market attractiveness
  • Summary of key figures

PART 19: Appendix

  • List of abbreviations

PART 20: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>