Global Smart Vending Machine Market by Product Type, By Application, By Payment Mode, and By Region Forecast Till 2027
Global smart vending machine market likely to grow due to the rising demand for the self-service technology and increasing adoption of reverse vending machine across the developing nations. The global smart vending machine market size was valued at USD 12.30 billion in 2017 and is expected to register a CAGR of over 16.7% from 2020 to 2027. The primary factors are the surge in adoption of vending machines that allow customers to purchase products through smartphone applications. Additionally, the growing utilization of the smart vending machine to make it easier to interact with both the customer and the customer’s smartphone to detect and respond to individual viewers will accelerate the growth of the global smart vending machine market. These machines provide a dynamically visual experience with high-definition displays running rich graphics and interactive promotions. Moreover, the growing usage of smart vending machines in various fields such as retail, pub...