Asia-Pacific Smart Vending Machine Market: Analyzing the market values and market Forecast for 2028: Showcasing a CAGR of 17.3%
Asia-Pacific Smart Vending Machine Market: Analyzing the market values and market Forecast for 2028: Showcasing a CAGR of 17.3%
Asia-Pacific Smart Vending Machine Market Size, Share, Analysis, Trends Future & Forecast 2028
MarkNtel Advisors has recently released an all-encompassing report on Asia-Pacific Smart Vending Machine Market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.
Forecast 2028: Revealing Asia-Pacific Smart Vending Machine Market Insights and Analysis
The Asia-Pacific Smart Vending Machine Market is projected to grow at a CAGR of around 17.3% during the forecast period, i.e., 2023-28.
𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: – https://www.marknteladvisors.com/query/request-sample/apac-smart-vending-machine-market.html
Key Driver: Surge in Digital Payments to Enhance the Requirement for Smart Vending Machines
In Asia-Pacific, the adoption of digital payment methods is raising at a high pace, owing to which the consumers are getting inclined towards machines that dispense products & accepts cashless payments. As per Mastercard’s New Payments Index 2022, almost 88% of the consumers in the region have used digital payment methods, such as digital wallets, QR codes, etc., during 2021. In addition, in countries like Vietnam, the total transaction value of e-payments reached approximately USD15 million in 2021. This has created a large consumer base that is substantially relied on digital payments for day-to-day transactions, and owing to this market has proliferated during the historical period by the installation of these machines in high-traffic areas such as transport hubs, shopping complexes, corporate offices to cater the preferences of digitally savvy consumers. Moreover, the countries like Vietnam, Thailand, India, etc., are implementing various initiatives to digitalize the economy. For instance,
- In 2021, the Vietnamese government launched a scheme for Cashless Payment Promotion in Vietnam for the tenure 2021-2025.
These initiatives promote the growth of digital payments in APAC & leveraging these digital payment prospects could offer seamless operational efficiency, attracting more consumers to buy products via these machines. Therefore, the regional market is predicted to showcase a considerable growth rate during the forthcoming period.
A Comprehensive Overview of Geographical Diversity:
the Asia-Pacific Smart Vending Machine Market expands across:
- China
- Japan
- India
- South Korea
- South East Asia
- Oceania
- Rest of Asia-Pacific
Explore Full Market Research Report – https://www.marknteladvisors.com/research-library/apac-smart-vending-machine-market.html
Asia-Pacific Smart Vending Machine Market Segmentation Outline:
- By Product Type (Beverage, Snacks, Chocolate and Candies, Tobacco, Others (Sanitary Pads, Tickets, Cigarettes, etc.))
- By End-User (Shopping Malls, Retail Stores, Offices & Institutions, Public Transport, Others (Stadiums, Attractions, Hospitals, etc.))
Competitive Outlook
Fuji Electric Co., Ltd. Asahi Group Holdings, Ltd., Provending Machine CO., LTD Azkoyen SA Compass Group Plc Crane Co. EVOCA Spa Silkron Technology Sdn Bhd Glory VM Honeywell International, Inc. Aramark Corporation Daalchini Others
Ask Analyst for Customization and Browse full report with TOC List of Figure: https://www.marknteladvisors.com/query/request-customization/apac-smart-vending-machine-market.html
About MarkNtel Advisors
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