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 Cost for printing tags and labels is obsolete and time and manual effort for changing price tags is not required.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.
The latest market intelligence report, titled ‘Global Electronic Shelf Label Market’, is intended to provide the target audience with the necessary information about the global Electronic Shelf Label industry. The report comprises a detailed analysis of the vital elements of the Electronic Shelf Label market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Electronic Shelf Label market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
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
Research Report on the Electronic Shelf Label Market Addresses the Following Key Questions:
Who are the dominant players of the Electronic Shelf Label market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Electronic Shelf Label market?
What are the key growth drivers and restraining factors of the Electronic Shelf Label market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Electronic Shelf Label market and its key segments?
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Emergen Research has segmented the global Electronic Shelf Label market on the basis of type, type of care, 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
In conclusion, the Electronic Shelf Label Market report is an exhaustive database that will help readers formulate lucrative strategies. The Electronic Shelf Label Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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