Connected vending machine is a machine that dispenses items such as snacks, beverages, alcohol, cigarettes, lottery tickets to customers automatically, after the customer inserts currency or credit into the machine. The first modern vending machines were developed in England in the early 20th century and dispensed postcards.
Connected vending machine is the contactless payment-enabled vending machines that support both online payment and site payment. It can also calculate the amount of the sold products and send messages automatically when the products are going to be sold out.
The first solutions for including connectivity in vending machines became commercially available already two decades ago. It has still taken years for the technology to gain the interest of mainstream vending operators. The market has nevertheless gained momentum in recent years as more and more vending operators have started to deploy cashless payment systems and vending telemetry solutions at a larger scale. Demand for cashless payments is currently the main market driver. However, vending telemetry is forecasted to have a more transformational effect on the industry in the future as these solutions enable vending operators to substantially improve their operational efficiency. The global installed base of connected vending machines grew by 16.22 percent to over 140 thousand units in 2014. 
The vending machine industry is undergoing a digital transformation as it seeks to embrace the growing trend toward Internet-connected devices to attract and engage more customers. Adding ‘intelligence’ to vending machines provides a more personal, interactive and fun experience for consumers while allowing brands and operators to use cloud services and data analytics, leading to reduced operating costs and the establishment of new innovative business models within the vending sector.
According to this study, over the next five years the Connected Vending Machines market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Connected Vending Machines business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Connected Vending Machines market by product type, application, key manufacturers and key regions and countries.
This study considers the Connected Vending Machines value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Bevarage
    Commodity
    Food
    Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Airport
    Railway Station
    School
    Business Center
    Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    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
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: Breakdown data in in Chapter 3.
    Fuji Electric
    Azkoyen Group
    Crane
    Jofemar
    Westomatic
    Seaga
    Evoca Group
    Deutsche Wurlitzer
    Automated Merchandising Systems
    Sielaff
    Bianchi Vending Group
    Royal Vendors
    FAS International
    SandenVendo
    Fushi Bingshan
    TCN Vending Machine
    Fuhong Vending
    Kimma
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Connected Vending Machines consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Connected Vending Machines market by identifying its various subsegments.
    Focuses on the key global Connected Vending Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Connected Vending Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Connected Vending Machines submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
Get latest Market Research Reports on  Connected Vending Machines . Industry analysis & Market Report on  Connected Vending Machines  is a syndicated market report, published as Global Connected Vending Machines Market Growth 2019-2024. It is complete Research Study and Industry Analysis of  Connected Vending Machines  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.