The global vending machine market size is poised to grow by USD 9.82 billion during 2020-2024, progressing at a CAGR of over 11% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
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Technavio has announced its latest market research report titled Global Vending Machine Market 2020-2024 (Graphic: Business Wire)
The increasing adoption of vending machines to improve customer shopping experience is one of the key factors driving vending machine market growth. Vending machines do not require the intervention of salespeople, support staff, and other executives. Therefore, vending machines prove