London, UK -- (SBWIRE) -- 01/09/2023 -- Electronic Shelf Label Market Scope and Overview

Electronic Shelf Label Market Size was estimated at USD 1057.86 million in 2021 and is projected to reach USD 3442.41 million by 2028, exhibiting a CAGR of 18.36% during the forecast period.

Electronic shelf labels, also known as digital price tags, are electronic wireless display systems used by retailers for displaying product pricing on shelves. These electronic tags help in automatically updating the price of the products whenever that is changed under the control of a central server. The increasing demand for price optimization among retail stores, growing need for improving operational efficiency with real-time product positioning, coupled with rising digitalization of stores, and prevalence of retail automation trends are key factors that are spurring the global market demand for electronic shelf labels.

The goal of the research is to give decision-makers with the market knowledge and strategic insights they need to make smart investment decisions while also identifying market gaps and expansion possibilities. Electronic Shelf Label Market research is a comprehensive assessment of the industry, with a focus on worldwide market trends. The most recent market report examines the industry's future growth potential and gives thorough and relevant information on the market's makeup and size.

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Key Players Covered in Electronic Shelf Label market report are:

SES-imagotag SA
Pricer AB
E Ink Holdings Inc.
Displaydata
M2Communication
Samsung Display Solutions
Diebold Nixdorf
Opticon Sensors Europe BV
Teraoka Seiko Co., Ltd.
NZ Electronic Shelf Labelling.

The most recent market research examines the industry's future growth potential and gives thorough and relevant information on the market's makeup and size. The Electronic Shelf Label market research report offers data on industry trends, growth patterns, and business strategies to assist players in making decisions that will help them maintain a positive profit trajectory in the next years. The goal of this research report is to give readers a complete understanding of the industry as well as market segmentation.

Market Segmentation Analysis

The dynamic corporate environment of today's global economy is increasing the demand for business specialists who can keep up with changing market dynamics. To acquire a better knowledge of the market, the market research report divides it into four sections: vertical, service, end use, and region.

Electronic Shelf Label Market Segmentation as Follows:

By Component:
Displays
Batteries
Transceivers
Microprocessors
Others

By Product Type:
Full-graphic E-paper
Segmented E-paper
Liquid Crystal Displays

By Communication Technology:
Radio Frequency
Infrared
Near-field Communication
Others

By End User:
Retail
Industrial

Segmented by Region/Country
North America
Europe
China
Japan
Asia Other

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COVID-19 Impact Analysis

The introduction of COVID-19 had a significant impact on the Electronic Shelf Label market. Furthermore, further developments have been delayed globally, thus ending the sector. The COVID-19 lockout forced the creation of new strategies for dealing with impending crises while maintaining consistent growth rates.

Regional Outlook

Geographic analysis for regions such as North America, Latin America, Asia-Pacific, Europe, and the Rest of the World is included in the global Electronic Shelf Label market report. A regional market analysis, company market shares, and profiles of key revenue sources are all included in the market research report.

Competitive Analysis

To acquire a competitive advantage, businesses employ a range of growth and expansion techniques. Participants in the sector are keenly aware of how the various phases of the value chain interact with business operations. To get a competitive advantage in the global market, industry leaders are boosting supply chain logistics, expanding their global footprints, and strengthening their corporate portfolios, all of which are included in the Electronic Shelf Label market research report.

Key Reasons to Purchase Electronic Shelf Label Market Report

- To research and examine micro markets in terms of their market contributions, potential, and different growth trends.

- The research report discusses the critical steps that successful businesses take to prevent the negative effects of a pandemic on their operations.

- The market report covers key industry statistics, main market trends and opportunities, and market position data for the field's leading competitors.

Conclusion

The most recent market research report evaluates the current state of the Electronic Shelf Label market as well as forecasted future changes that may indicate industry growth over the forecast period.

Table of Content – Analysis of Key Points

Chapter 1. Executive Summary

Chapter 2. Global Market Definition and Scope

Chapter 3. Global Market Dynamics

Chapter 4. Global Electronic Shelf Label Market Industry Analysis

Chapter 5. Electronic Shelf Label Global Market, by Type

Chapter 6. Electronic Shelf Label Global Market, by Application

Chapter 7. Electronic Shelf Label Global Market, Regional Analysis

Chapter 8. Competitive Intelligence

Chapter 9. Key Companies Analysis

Chapter 10. Research Process

Continued…

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