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Tuesday, September 08 2020 - 10:00
AsiaNet
AI Powered Vending Machine Market by Current Industry Status, Growth Opportunities, Top Key Players, and Forecast till 2027- A Report by Absolute Markets Insights
PUNE,India September 8, 2020 /PRNewswire-AsiaNet/ --

    - The global AI powered vending machine market was valued at US$ 4404.3 Mn 
in 2018 and is anticipated to witness a compound annual growth rate of 16.25% 
over the forecast period (2019 – 2027). 

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https://www.absolutemarketsinsights.com/request_sample.php?id=655 

    - Vending analytics performed by AI powered vending machine enables 
businesses to provide enhanced customer experience along with personalized 
marketing thus, propelling its demand in merchandise vending. Face recognition 
software of ThinkPalm Technologies Pvt. Ltd. designed for vending machines has 
further lead to intelligent user interaction.
    - COVID-19 pandemic has created the need for social distancing and 
contactless form of delivery is on the rise. With intelligent mobile app based 
transaction capabilities the growth of AI powered vending machine market 
[https://www.absolutemarketsinsights.com/reports/AI-Powered-Vending-Machine-Mark
et-2019-2027-655] is increasing at an increasing rate, in the current COVID-19 
crisis. 
    - Services such as restocking, training, technical support are witnessing 
high demand and are expected to grow at the fastest growth rate over the 
forecast period. 
    - AI powered vending machines provide real-time data of products on the 
shelf and about consumer demand, thus, facilitating efficient commodity 
inventory management. 
    - Growing popularity of fast, self-service models adopted by restaurants is 
anticipated to create high demand for these machines in the future years. 

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    - Asia Pacific region is expected to register highest growth rate in AI 
powered vending machine market due to the growing demand from retail and other 
industries. 
    - Some of the players operating in the AI powered vending machine market 
are Red Analytics Pty Ltd, DeepBlue Technology (Shanghai) Co., Ltd, Stockwell 
AI, Inc., The Coca-Cola Company, Smart Vending Machines, MintM and YI Tunnel 
amongst others.

    The detailed research study provides qualitative and quantitative analysis 
of AI powered vending machine market. The supply side analysis covers the major 
market players and their regional and global presence and strategies. The 
geographical analysis done emphasizes on each of the major countries across 
North America, Europe, Asia Pacific, Middle East & Africa and Latin America. 

Get Full Information of this premium report@  
https://www.absolutemarketsinsights.com/reports/AI-Powered-Vending-Machine-Market-2019-2027-655 


    About Us:

Absolute Markets Insights strives to be your main man in your business resolve 
by giving you insight into your products, market, marketing, competitors, and 
customers. Visit … [https://www.absolutemarketsinsights.com/about_us]

    Contact Us:

    Email id: sales@absolutemarketsinsights.com 
    Contact Name: Shreyas Tanna 
    Phone: +91-740-024-2424

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    Source: Absolute Markets Insights

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