South Africa Smart Vending Machine Market to 2032
Overview
The South Africa Smart Vending Machine Market is expected to reach a 237.89 USD Million by 2032 and is projected to grow at a CAGR of 10.93% from 2025 to 2032.
Revenue, 2024 (USD Million)
115.12
Forecast, 2032 (USD Million)
237.89
CAGR, 2024 - 2032
10.93%
Report Coverage
South Africa
South Africa Smart Vending Machine Market 2018-2032 USD Million
South Africa Smart Vending Machine Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 115.12 USD Million
- Projected Market Size (2032): 237.89 USD Million
- CAGR (2025-2032): 10.93%
Key Findings of South Africa Smart Vending Machine Market
- The South Africa Smart Vending Machine Market was valued at 115.12 USD Million in 2024.
- The South Africa Smart Vending Machine Market is likely to grow at a CAGR of 10.93% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cashless Systems in Technology Segment accounted for the largest share of the market with a revenue of 71.52 USD Million
- The fastest growing segment Retail Industry in End Use Industry Segment grew Fastest with a CAGR of 11.91% during the forecast period from 2024 to 2032.
South Africa Smart Vending Machine Market Scope
South Africa Smart Vending Machine Market Segmentation & Scope
Technology
- Voice Recognition
- Telemetry Systems
- Cashless Systems
End Use Industry
- Others
- Medical
- Quick-Service Restaurant
- Shopping Centers
- Entertainment and Hospitality
- Educational Institutes and Offices
- Transportation/Public Transport
- Retail Industry
Product Dispensed
- Others
- Confectionery Products
- Bakery Products
- Beverages
- Salty and Savory Snacks
Type
- Self Service A.T.M.
- Retail Vending Machine
South Africa Smart Vending Machine Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 115.12 USD Million |
| Market Value in 2032 | 237.89 USD Million |
| CAGR (2025-2032) | 10.93% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Technology,End Use Industry,Product Dispensed,Type |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 115.12 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 115.12 USD Million in 2024.
Segments and Scope
-
South Africa Smart Vending Machine Market to 2032, By Technology
- Cashless Systems is the largest segment in South Africa Smart Vending Machine Market to 2032 with a revenue of 71.52 USD Million in the year 2024.
- Cashless Systems is the Fastest growing segment in South Africa Smart Vending Machine Market to 2032 with a Growth rate of 11.17 % in forecast period 2025-2032.
-
South Africa Smart Vending Machine Market to 2032, By End Use Industry
- Retail Industry is the largest segment in South Africa Smart Vending Machine Market to 2032 with a revenue of 38.30 USD Million in the year 2024.
- Retail Industry is the Fastest growing segment in South Africa Smart Vending Machine Market to 2032 with a Growth rate of 11.91 % in forecast period 2025-2032.
-
South Africa Smart Vending Machine Market to 2032, By Product Dispensed
- Salty and Savory Snacks is the largest segment in South Africa Smart Vending Machine Market to 2032 with a revenue of 35.59 USD Million in the year 2024.
- Beverages is the Fastest growing segment in South Africa Smart Vending Machine Market to 2032 with a Growth rate of 11.07 % in forecast period 2025-2032.
-
South Africa Smart Vending Machine Market to 2032, By Type
- Retail Vending Machine is the largest segment in South Africa Smart Vending Machine Market to 2032 with a revenue of 61.89 USD Million in the year 2024.
- Self Service A.T.M. is the Fastest growing segment in South Africa Smart Vending Machine Market to 2032 with a Growth rate of 10.74 % in forecast period 2025-2032.
South Africa Smart Vending Machine Market Company Share Analysis
| Company Name |
|
||
| Fuji Electric Co., Ltd. | |||
| Crane Payment Innovations (CPI) | |||
| Azkoyen, S.A. | |||
| FAS INTERNATIONAL S.P.A | |||
| TCN, Inc. | |||
South Africa Smart Vending Machine Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Smart Vending Machine Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Smart Vending Machine Market is segmented based on Segmentation Technology,End Use Industry,Product Dispensed,Type.
South Africa Smart Vending Machine Market was valued at USD 115.12(Revenue in USD Million) in 2023.
South Africa Smart Vending Machine Market is projected to grow at a CAGR of 10.93% during the forecast period of 2024 to 2032.
The Cashless Systems segment is expected to dominate the South Africa Smart Vending Machine Market, holding a largest market share of 71.52 USD Million in 2024
South Africa Smart Vending Machine Market Scope
South Africa Smart Vending Machine Market Segmentation & Scope
Technology
- Voice Recognition
- Telemetry Systems
- Cashless Systems
End Use Industry
- Others
- Medical
- Quick-Service Restaurant
- Shopping Centers
- Entertainment and Hospitality
- Educational Institutes and Offices
- Transportation/Public Transport
- Retail Industry
Product Dispensed
- Others
- Confectionery Products
- Bakery Products
- Beverages
- Salty and Savory Snacks
Type
- Self Service A.T.M.
- Retail Vending Machine
Frequently Asked Questions
The South Africa Smart Vending Machine Market is segmented based on Segmentation Technology,End Use Industry,Product Dispensed,Type.
South Africa Smart Vending Machine Market was valued at USD 115.12(Revenue in USD Million) in 2023.
South Africa Smart Vending Machine Market is projected to grow at a CAGR of 10.93% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Smart Vending Machine Market for final year is USD 237.89 (USD Million).
South Africa Smart Vending Machine Market Company Profiling
Frequently Asked Questions
The South Africa Smart Vending Machine Market is segmented based on Segmentation Technology,End Use Industry,Product Dispensed,Type.
South Africa Smart Vending Machine Market was valued at USD 115.12(Revenue in USD Million) in 2023.
South Africa Smart Vending Machine Market is projected to grow at a CAGR of 10.93% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Smart Vending Machine Market for final year is USD 237.89 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.