The global electronic shelf label market size is expected to reach USD 4.79 Billion in 2032 and register a steady revenue CAGR of 13.8% over the forecast period, according to latest analysis by Emergen Research. High demand for price optimization from retailers can be attributed to steady revenue growth of the global electronic shelf label market. Retailers still need to act after receiving real-time pricing update or input. The advantages of dynamic pricing are constrained by the frequency of price adjustments. Electronic Shelf Labels (ESLs) are effective and offer significant cost and labor savings. Cost for printing tags and labels is obsolete and time and manual effort for changing price tags is not required. Also, as AI price optimization is used, the opportunities double. According to research, a retailer can get a far faster Return on Investment (ROI) and significantly higher profit potential, up to 33% more profit value potential, when they use ESLs to remove the manual restriction on how many price adjustments they can accept.
Along with information on market size, share, revenue growth, and leading companies, the study provides a thorough analysis of the industry. To assist readers, investors, and clients in developing a complete grasp of the market and making the appropriate investments, the study includes all important and necessary information pertaining to the worldwide Electronic Shelf Label market. In the paper, a number of sophisticated statistical tools, including Porter's Five Forces and SWOT analysis, are used.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Electronic Shelf Label market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
SES-Imagotag, Solum, Pricer, Displaydata Limited, Teraoka Seiko Co., Ltd., M2Comm, Opticon Sensors Europe B.V., Rainus, Shanghai SUNMI Technology Co., Ltd., Hanshow Technology
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Emergen Research has segmented the global Electronic Shelf Label market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2019–2032)
- Displays
- Batteries
- Transceivers
- Microprocessors
- Others
- Product Type Outlook (Revenue, USD Billion; 2019–2032)
- Liquid Crystal Displays
- Segmented E-Paper Displays
- Fully Graphic E-Paper Displays
- Communications Technology Outlook (Revenue, USD Billion; 2019–2032)
- Radio Frequency
- Infrared
- Near-Field Communication
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Electronic Shelf Label Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Electronic Shelf Label Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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