The installed base of connected vending machines worldwide to reach 8.9 million by 2024

IoT Business News | March 18, 2020

Berg Insight, the leading IoT market research provider, today released a new market report covering the connected vending machine market. The global installed base of connected vending machines reached an estimated 4.2 million units in 2019. North America represents the largest share of around 2.0 million of these machines, whereas the corresponding number for the European market is 1.1 million. The number of connected vending machines in other parts of the world totalled an estimated 1.1 million units at the end of 2019, mainly in Japan, China and Australia.
Berg Insight forecasts that the number of connected machines worldwide will grow at a compound annual growth rate (CAGR) of 16.3 percent to reach 8.9 million units by 2024. As a result, the global penetration rate will reach 52.0 percent at the end of the forecast period. The global connected vending solution market is served by a variety of players. Many of the leading providers are specialised technology companies offering connected vending telemetry and cashless payment solutions.

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INDUSTRIAL IOT

Everynet Powers LoRaWAN Connectivity Using AWS IoT Core to Simplify Massive IoT

Businesswire | April 19, 2023

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ENTERPRISE IOT, DEVICES, PLATFORMS

Digi International Launches Digi WAN Bonding, Delivering Bonded Gigabit Internet Speeds and Improved Connection Reliability

Businesswire | April 24, 2023

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ENTERPRISE IOT, DEVICES

Senet and UnaBiz to Offer LoRaWAN and Global 0G Network for Hybrid IoT Solutions

UnaBiz | March 14, 2023

On March 13, 2023, Senet, Inc., a market leader in cloud-based services and software platforms enabling worldwide connectivity and on-demand network build-outs for IoT, and UnaBiz, a service provider and integrator for Massive IoT, announced a partnership. The companies will offer complete access to Senet's LoRaWAN network services and develop future global 0G network access beyond North America for customers implementing hybrid solutions. The partnership will initially concentrate on assisting international UnaBiz clients in entering the North American market through scaled LPWAN applications powered by Senet's Public LoRaWAN Network-as-a-Service (NAAS). In addition, the two companies will collaborate to enable roaming so that Senet's customers can easily use the UnaBiz global 0G Network, driven by Sigfox 0G technology that is owned and employed by more than 70 national Operators worldwide. The strategic partnership between UnaBiz and Senet is based on UnaBiz's technology convergence movement, bolstered by acquiring Sigfox 0G technology a year ago. Both businesses are enthusiastic about growing their service portfolios and supporting clients who use hybrid solutions worldwide. Co-CEO and Co-Founder of UnaBiz, Henri Bong, shared, "We want our customers to focus on the value that Massive IoT can bring instead of worrying about which technology to use, coverage issues, and the cost of deployment. Through our partnership with Senet, our customers can achieve economies of scale by roaming between public 0G network infrastructure, Senet's public LoRaWAN networks and Senet's private LoRaWAN network capabilities across North America." He added, "This move will also allow our ecosystem partners and solution makers to develop hybrid solutions that service a wider market and use cases, further bringing down the cost of Massive IoT. It is a win-win situation." (Source – Business Wire) About UnaBiz UnaBiz is a global provider of Massive IoT services specializing in solution design, connectivity, data platform, and manufacturing services. The company offers a hybrid of low-power wide-area (LPWA) solutions, such as Sigfox 0G, LTE-M, NB-IoT and LoRa, to power sustainable business growth. Founded in 2016 with headquarters in Singapore, it also has R&D centers in Taipei and Labège (FR) and sales offices in Paris, Madrid, Tokyo, and Holland. The firm owns Sigfox 0G technology, connecting over 10 million sensors for around 1500 B2B customers on the global 0G Network.

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