Frost and Sullivan: Intelligent Vending Machine Growth Forecast
Intelligent Vending Machine Shipments Are Forecasted to Grow
Driven by the need for LCD/touch-screen displays, cashless payment, telemetry, voice recognition, digital signage and ERP integration
Over the past 18 months, there has been a surge in interest by the vending machine industry to adopt new technologies. With over 18 million vending machines installed worldwide, what changes are in store for the market over the next five years? To understand this better, Intel asked Frost and Sullivan to research the future requirements and trends, and they found the vending market is undergoing significant change that will transform the industry. To address changing market dynamics, up-sell opportunities and increasing government regulation, vending machine manufacturers are turning to computing technology, which is revolutionizing the industry. They are integrating a range of technologies, foremost LCD/touch-screen displays, cashless payment and telemetry.
This paper provides insights into the many conclusions from the Frost and Sullivan report, including an intelligent vending machine market forecast, key drivers, restraints and challenges, geography-focused insights, and an overview of the Intel technologies that are expected to play a major role in this industry transformation.
Read the full Frost and Sullivan: Intelligent Vending Machine Growth Forecast White Paper.