TechNavio today launched its report Global Intelligent Vending Machines Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”Rapid technological advancements and changing consumer preferences have forced vendors to develop innovative and more advanced intelligent vending machines. Vendors have discovered a huge potential in this market, which is motivating them to invest more in the RandD of intelligent vending machines. Furthermore, through an effective RandD process, vendors will be able to set proper technology standards which will be helpful in the production process. Thus the increased investment in RandD will lead to the development of highly efficient intelligent vending machines.”
According to the report, one of the major growth drivers is the availability of highly improved user interfaces in intelligent vending machines. Nowadays, these machines feature LCD screens that display qualitative information about the products stored within them.
Further, the report discusses that one of the major challenges in the market is the high cost of rental space.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-intelligent-vending-machines-mar…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research report – Global Intelligent Vending Machines Market 2012-2016
