Electronic Shelf Label Market
The rf esl label market will grow at a cagr of around 12 due to the ease of use of these products with wi fi zigbee ble and z wave. The global electronic shelf label market is segmented based on product type component end user type and region country.
Endless Aisle Electronic Shelf Label Market
The report also includes a discussion of the key vendors operating in this market.
Electronic shelf label market. Apr 15 2019 heraldkeeper via comtex new york april 15 2019. The electronic shelf label market is segmented by type of product lcd esls and e paper esls component displays batteries and transceivers communication technology rf ir nfc and vlc store type hyper markets super markets non food retail stores and specialty stores and geography. Electronic shelf label market snapshot.
The report on electronic shelf labelsesl market offers in depth analysis on market trends drivers restraints opportunities etc. The report covers the market landscape and its growth prospects over the coming years. Global electronic shelf label esl market is expected to reach usd 308851 million by 2026 from usd 3505 million in 2016 at a cagr of 2431.
Electronic shelf label market size and forecast. Electronic shelf labels market in the us 2017 2021 has been prepared based on an in depth market analysis with inputs from industry experts. In terms of the product type the market is segmented into lcd electronic shelf label and e paper electronic shelf label.
The e paper electronic shelf label was the dominant segment in 2018 and is projected to remain. Along with qualitative information this report include the quantitative analysis of various segments in terms of market share growth opportunity analysis market value etc. A high degree of security and low cost of these products will drive the adoption of rf enabled electronic shelf labels.
Electronic shelf label market by technology. The electronic shelf label market is expected to exceed more than us 1 billion by 2024 at a cagr of 24 in the given forecast. Electronic shelf label esl is an emerging system used for displaying product pricing and product information on shelves by using wireless communication networks such as radio frequency rf technology and infrared ir technology to communicate with the back end database.
For the forecast years. According to verified market research the global electronic shelf label market was valued at usd 038 billion in 2017 and is projected to reach usd 192 billion by 2025 growing at a cagr of 224 from 2018 to 2025. Some of the important factors such as increasing operational efficiency better product positioning and increasing retail automation are responsible for the growth of the global electronic shelf label esl market.
The latest survey on global electronic shelf label market is conducted covering various organizations of the industry from. Technavio has announced the top five leading vendors in their recent global electronic shelf labels esl market report from 2017 2021.
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