We are heading towards next generation technologies as our core business and in specifics we are integrating business trends that will drive success. This would comprise consumables, machine learning, automation, software solutions and artificial intelligence. As complex as it may sound to some, it has indeed created a lot of excitement and interest to those who knows what the future trends of business have to offer in terms of profits and revenues to individuals and corporations respectively.
The market needs has evolved and will continue to innovate at a pace or speed beyond one’s imagination. In tandem, so are consumers’ demand and preference for change as long as it is with convenience and practicality.
Akiami has envisioned itself to be a major player in vending machines industry as we see it a business trend of the future. This can now be seen in quite a number of countries today as well as in the emerging markets.
The intelligent vending machines market size was valued at USD 3.34 billion in 2015 and is presumed to gain traction over the forecast period.
The global intelligent vending machines market is expected to reach USD 11.84 billion by 2025, according to a new study by Grand View Research, Inc. In addition, another report made in December 2016, the surge in the penetration of self-services technology across North America and Europe is anticipated to drive the industry growth over the next nine years.
Intelligent vending machines incorporate energy efficient electronic equipment including efficient lighting components, such as LEDs, compressors, and sensors, that help in conserving energy.
The Asia Pacific region is predicted to emerge as the fastest growing market due to the increased demand in public transport applications in emerging countries, such as India and China.
The increasing consumer preference toward cashless payments is a favorable trend observed in the market. The acceptance of payments through technologies, such as Near-field Communication (NFC), is instrumental in driving public interest owing to the easier, faster, and contactless modes of payment. These modes help in decreasing the cash management costs and subsequently decrease threats such as theft and vandalism.
Intelligent dispensing systems help in gaining insights regarding consumer behavior, preferences, and buying patterns. Interactive displays help vendors to generate more revenue through the display of advertisements and loyalty programs.
The increasing penetration of Internet of Things (IoT) and connected device technologies is anticipated to bolster the growth of intelligent vending machines. A lot of time and research has been done and vending machines is being singled out and identified as a very lucrative business. These are based on two main criteria known as the Qualitative Analysis and Quantitative Analysis. It is with these analysis as outlined below which mooted the idea of Akiami undertaking the vending machines as a business trend of the future.
• Industry overview
• Industry trends
• Market drivers and restraints
• Market size
• Growth prospects
• Porter’s analysis
• PESTEL analysis
• Key market opportunities prioritized
• Competitive landscape
o Company overview
o Financial performance
o Product benchmarking
o Latest strategic developments
• Market size, estimates, and forecast from 2014 to 2025
• Market estimates and forecast for product segments up to 2025
• Regional market size and forecast for product segments up to 2025
• Market estimates and forecast for application segments up to 2025
• Regional market size and forecast for application segments up to 2025
• Company financial performance
In the process of undertaking the vending machines business, Akiami will integrate with related proven concepts to enhance the profitability of every associate registered with us. There is huge market potential, attractive revenue and profits to be tapped in this exciting automation industry. We are currently positioning ourselves for the market penetration and invite you to partner with us and the opportune time is now.