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Natick, MA (PRWEB) June 18, 2015

Internet of Things (IoT) services revenue is expected to rise from $ 9.1 billion worldwide in 2014 to $ 78.2 billion in 2020, a compound annual growth rate of 43.2%, according to VDC Research (click here for more info). Such rapid growth of IoT services is enabled by the increase in cumulative installed base of Internet-connected devices—including those retrofitted with connectivity via gateways.

IoT-specific services include connectivity, device monitoring and control, data collection and storage, and data analytics. These services are provided by a wide variety of vendors who offer horizontal infrastructure and platforms, and/or vertical market expertise. Industrial automation is currently the largest market for IoT services, but automotive/transportation and medical/healthcare are the fastest growing sectors.

“Major companies from many technology fields are jockeying fiercely for early market positions because they see IoT services both as a growing, long-term source of direct revenues and as a pathway to incremental sales of their full ranges of products,” notes Steve Hoffenberg, Director of IoT & Embedded Technology at VDC Research. “IoT services enable vendors to keep a foot in the door of their customers.”

About VDC Research

VDC Research is a leading technology market analyst firm covering the connected world, focusing on embedded devices and enterprise mobility. Founded in 1971, the firm provides critical market intelligence to the world’s leading technology vendors, who rely on its analysts for the data, ideas, and insights they need to make impactful strategic decisions with confidence.

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San Jose, California (PRWEB) June 10, 2015

Follow us on LinkedIn – Vending machines are currently undergoing a digital transformation, given the growing trend towards Internet-connected devices. The introduction of ‘Internet of Things’ (IoT) into the vending market is facilitating the conversion of traditional vending machines to go beyond just offering snacks and beverages to provide a more engaging and interactive retail experience to users. Armed with various hi-tech features, intelligent vending machines offer a more interactive, personal, and fun experience to customers, while enabling operators and brands to use data analytics and cloud services to enhance efficiency and reduce operational costs. Rapid urbanization and resulting increase in traffic at public places is further strengthening the business case for intelligent vending machines.

Connected vending machines have evolved to become smarter with the use of big data and analytics which help businesses interpret consumer behavior and preferences to design safe, secure, and appropriate product options. Cashless transactions coupled with the emergence of mobile commerce (m-commerce) offers potential growth opportunities for automatic merchandising. With non-food and high priced product vending becoming popular, cashless machines are poised to fuel future growth in the market. Intelligent vending machines perform automatic currency rendering calculations at lightning speed making it far more efficient than manual calculations which are prone to errors. In addition, regulations to display product warnings and accurate and clear product nutrition information, including calorie count, is further driving the adoption of intelligent vending machines.

As stated by the new market research report on

Intelligent Vending Machines, the US represents the largest regional market worldwide. Factors driving growth in the market include greater demand for healthy vended foods, advances in technology such as cashless payment systems, decreasing equipment costs, and manufacturer’s focus on extending product availability. Asia-Pacific is forecast to emerge as the fastest growing market with a projected CAGR of 15% over the analysis period. Growth in the region is led by increasing urbanization, rise in disposable incomes, changes in consumer food consumption habits, and urban lifestyles, among others.

Key players covered in the report include Vending Machine Manufacturers such as Azkoyen Group, Bianchi Vending Group S.p.A., Crane Co., FAS International SpA, Fuji Electric Co., Ltd., Jofemar SA, MEI, Inc., N&W Global Vending SPA, Rheavendors Group, Sanden Corp., SandenVendo America, Inc., Seaga Manufacturing, Inc., VE Global Vending, Inc, Westomatic Vending Services Ltd., and Vending Solution Providers such as Cantaloupe Systems Inc., Ingenico S.A., Intel Corporation, and USA Technologies Inc., among others.

The research report titled “Intelligent Vending Machines: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections in dollars for major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (Australia and Rest of Asia-Pacific) and Rest of World.

For more details about this comprehensive market research report, please click here

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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San Jose, California (PRWEB) July 14, 2014

Follow us on LinkedIn – The market for embedded analytics is witnessing strong growth, supported by the need for next generation intuitive enterprise business intelligence solutions and data analysis capabilities in consumer applications. In the business and consumer software applications market, embedded analytics is critical for providing capabilities such as dashboards for easy data visualizations, generation of static and interactive reports, data exploration, self-service analytics, ad hoc querying, and mobile reporting among others. For instance, integration of analytical capabilities in business applications is critical for accurate decision making and enhanced business execution. The proliferation of big data is also spurring the popularity of embedded analytics, given that big data creates the need for organizing, analyzing, and sifting through massive volumes of ever changing data.

The trend report titled “Embedded Analytics” announced by Global Industry Analysts, Inc., is a focused research paper which provides cursory insights into the market, current and future prospects, and emerging new application areas. The report also offers coverage on key companies such as AgileSense LLC, DataRPM Corporation, EXLService Holdings Inc., InterSystems Corporation, Logi Analytics, Openbravo SLU, Pentaho Corporation, SAP AG, Teradata Corporation, and Workday Inc. among others.

For more details about this trend report, please visit http://www.strategyr.com/TrendReport.asp?code=146374

About Global Industry Analysts, Inc.:

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends, while monitoring more than 126,000 companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/