“According to SNS Insider Research, The Intelligent Vending Machines Market size was valued at US$ 22.15 billion in 2023 and is expected to reach US$ 72.25 billion by 2032 and grow at a CAGR of 14.05% over the forecast period 2024-2032.”
The increasing adoption of cashless payment methods, such as mobile wallets and contactless cards, is a major contributor, enabling a seamless and convenient consumer experience, Says SNS Insider.