LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electronic shelf label market and it is poised to grow by USD 337.95 million during 2020-2024, progressing at a CAGR of 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Implementation of in-store technologies has been instrumental in driving the growth of the market. However, growth in the e-commerce industry might hamper market growth. Request a free sample report
Electronic Shelf Label Market 2020-2024: Segmentation
Electronic Shelf Label Market is segmented as below:
Product
- LCD ESL
- Full Graphic E-paper ESL
- Segmented E-paper ESL
End-user
- Supermarkets and Hypermarkets
- Convenience Stores, Department Stores, and Mass Merchants
- Drug Stores, Pharmacies, and Others
Technology
- Radio Frequency
- Infrared
- Others
Geographic segmentation
- North America
- APAC
- Europe
- South America
- MEA
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Electronic Shelf Label Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our electronic shelf label market report covers the following areas:
- Electronic Shelf Label Market Size
- Electronic Shelf Label Market Trends
- Electronic Shelf Label Market Industry Analysis
This study identifies increasing adoption of smart shelves as one of the prime reasons driving the electronic shelf label market growth during the next few years.
Electronic Shelf Label Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the electronic shelf label market, including some of the vendors such as Altierre Corp., Diebold Nixdorf, Inc., Displaydata Ltd., E Ink Holdings Inc., LG Innotek, Opticon Sensors Europe BV, Pricer AB, Samsung Electro-Mechanics Co. Ltd., SES-imagotag and Teraoka Seiko Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the electronic shelf label market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Electronic Shelf Label Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist electronic shelf label market growth during the next five years
- Estimation of the electronic shelf label market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the electronic shelf label market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electronic shelf label market vendors
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