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What percentage of vending machines are connected to internet?

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It has however taken years for the technology to gain the interest of mainstream vending operators. Today, global penetration is still relatively modest and Berg Insight estimates that only around 10 percent of the world's 17 million vending machines are connected. read more

some are connected to allow for credit card transactions, other are connected - with the internet as the medium - to use machine telemetry but <10% is a safe bet. Typically, the telemetry platform will bundle connectivity using a cellular modem and charge the operator somewhere around $9-20 per month, depending on additional software being used. read more

Intel’s new reference design for intelligent vending provides an easy way to retrofit traditional vending machines into Internet-connected machines. Brands and machine operators can take advantage of new business opportunities, cloud services, and data analytics through a suite of related products and applications. read more

A few weeks ago, ABI Research announced that by the end of this year there would be 10 million vending machines connected to the internet, expanding to 24 million by 2021. This seems like a big number considering that in the U.S. workplace refreshment vending industry, we estimate not quite 5 million vending machines, only 15 percent of which are connected. read more

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Source: blogs.cisco.com