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#News(General) [ via IoTForIndiaGroup ]
According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, the Intelligent Vending Machine Market to hit US$30 Billion by 2024.
The intelligent vending machines market is experiencing high growth due to a rise in the development of the energy-efficient solutions by manufacturers that will help companies to reduce their carbon footprint. Players operating in intelligent vending machines market are developing eco-friendly and recycling vending machines to provide sustainable technologies for reducing the environmental impacts. Some of the major players, including Coca-Cola, are developing smart vending machines that are integrated with these recycling technologies. Moreover, countries including India, China, the UK, and the U.S. have adopted initiatives and policies for reducing the plastic usage. Such regulations are encouraging the development of sustainable vending machines.
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