Valued at USD 12.29 billion in 2024, the vending machine market is projected to grow at 10.6% CAGR to touch USD 26.79 billion by 2032. Once synonymous with simple snack, pop, and gum dispensing, these convenience-based devices have undergone dramatic transformations ushering in an era of AI vending machines that can dispense anything from smartphones and accessories to beauty products, sports goods, and more.
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