Global Electronic Shelf Label Market 2023-2027

Global Electronic Shelf Label Market 2023-2027
The electronic shelf label market is forecasted to grow by USD 1207.19 mn during 2022-2027, accelerating at a CAGR of 13.53% during the forecast period. The report on the electronic shelf label market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by implementation of in-store technologies, development of IoT ecosystem, and rising number of retail outlets.

Technavio's electronic shelf label market is segmented as below:

By TechnologyRadio frequencyInfraredOthersBy ProductLCD ESLFull graphic e-paper ESLSegmented e-paper ESLBy End-userSupermarkets and hypermarketsConvenience stores/department stores/mass merchantsDrug stores and othersBy Geographical LandscapeEuropeAPACNorth AmericaMiddle East and AfricaSouth AmericaThis study identifies the rising number of strategic partnerships and alliances as one of the prime reasons driving the electronic shelf label market growth during the next few years. Also, increasing adoption of smart shelves and introduction of advanced ESL solutions will lead to sizable demand in the market.

The report on the electronic shelf label market covers the following areas:Electronic shelf label market sizingElectronic shelf label market forecastElectronic shelf label market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electronic shelf label market vendors that include Danavation Technologies Corp, Diebold Nixdorf Inc., Displaydata Ltd., E Ink Holdings Inc., LANCOM Systems GmbH, M2COMM, New Zealand Electronic Shelf Labelling, Opticon Sensors Europe BV, Panasonic Holdings Corp., Pricer AB, Rational Innovation, RSJ Software GmbH, S and K Solutions GmbH and Co. KG, Samsung Electronics Co. Ltd., SES-imagotag, Shenzhen Minew Technologies Co. Ltd., SOLUM Europe Gmbh, Teraoka Seiko Co. Ltd., troniTAG GmbH, and Zhejiang Hanshow Technology Co. Ltd.. Also, the electronic shelf label market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.