The North America vending machines market is anticipated to grow with a considerable CAGR of 5.2% during the forecast period (2020-2026). The growth of the market across the region is primarily influenced by the increasing demand for vending machines from various verticals including retail, healthcare, hospitality, corporates among others. Additionally, the integration of various technological advancements in vending machines such as the face recognition system is anticipated to increase market growth across the region. In addition to this, the adoption of vending machines is also rising among businesses to save significant revenue on operations of services.
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A vending machine is equipped with various features to improve the interface of the system such as mobile payment, touchscreen, enhanced security with anti-theft cameras, and speech processing. Due to this, they are more user-friendly, and profit offering. Moreover, the chances of theft also become lower. Besides, the rising investment in the advancements of technology and designing systems, which will enable a more interactive user experience will also provide a new opportunity to the market during the forecast period.
Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
Ø Segment Covered-
· By Type
· By Product
· By Application
Ø Region Covered-
· North America
Ø Competitive Landscape- Crane Merchandising Systems, USA Technologies, Inc., American Vending Machines, Continental Vending Inc., Evoca Group
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North America Vending Machines Market Report Segment
By Type
· Traditional Vending Machines
· Micro Markets
By Product
· Food & Snacks
· Beverages
· Others
By Application
· Public Places
· Supermarket/ Retail Stores
· Offices/Institutions
· Other
North America Vending Machines Market Report Segment
· United States
· Canada
Company Profiles
· American Vending Machines Inc.
· Continental Vending Inc.
· Crane Merchandising Systems (Crane Co.)
· Diebold Nixdorf, Inc.
· Evoca Group
· FAS International
· Luigi Lavazza SPA
· Royal Vendors, Inc.
· Wurth Industry of North America LLC
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