Global Electronic Shelf Label Market Size By Product Type, By Store Type, By Geography Scope And Forecast
Electronic Shelf Label Market Size And Forecast
Electronic Shelf Label Market was valued at USD 0.70 Billion in 2019 and is projected to reach USD 3.15 Billion by 2027, growing at a CAGR of 22.4% from 2020 to 2027.
Global Electronic Shelf Label Market Overview
With the advent of technology and the adoption of automation in the retail industry has turned out to be increasingly beneficial for retailers. The growth of this industry is due to the reduction of manual operations to increase operational efficiency. This benefit has led to the widespread adoption of electronic shelf label solutions across the retail industry. Furthermore, trending retail automation is also driving the adoption of electronic shelf labels across all types of retail stores such as hypermarkets, specialty stores, and supermarkets which in turn is catapulting the growth of the market. Moreover, dynamic pricing can be achieved by putting digital price tags in retail stores. Additionally, it can also help in reducing manual operations to increase operations efficiency and workplace productivity. These are the reasons which are driving the adoption of ESLs which is driving the growth of the market.
Global Electronic Shelf Label Market: Segmentation Analysis
The Global Electronic Shelf Label Market is Segmented Based on Product Type, Store Type, And Geography.
Key Players In Electronic Shelf Label Market
The Global Electronic Shelf Label Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are
- Samsung Electro-Mechanics
- E Ink Holdings
- Diebold Nixdorf
- Opticon Sensors Europe
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