Oyster Bay, N.Y., Dec. 6, 2016 — The vending machine ecosystem is evolving as leading companies like Coca-Cola, PepsiCo, and VE Global Vending look to expand distribution offerings and connect their machines to the Internet to increase operational efficiencies. The newly connected machines will allow operators to gain new insight into metrics on inventory management, foot traffic, and automatic maintenance requests. ABI Research finds there will be more than 10 million network connections to vending machines by the end of 2016 with growth estimated to reach nearly 24 million connections in 2021 for a CAGR of 17%.

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