According to the most recent analysis by Emergen Research, the global market for smart shelves is anticipated to reach USD 15.34 billion in 2030, with a healthy revenue CAGR of 22.4%. The rising adoption of IoT and RFID technologies in retail is one of the main drivers of market revenue development. Transistors and a Radio Frequency Identification Reader (RFID) sensor that is built into, above, or behind shelves are used to create "smart" shelves. A sensor network that drives digital shelf technology enables automation of retail store inventory. In order to reduce the amount of manual inventory work required by a retail business, a conceptual design and method of operation for sensor-based smart shelves is proposed.
A Recent report on global Smart Shelves Market has been recently published by Emergen Research that provides a comprehensive overview of the Smart Shelves Market industry with current and emerging market trends. The report aims at proving precise market information such as market trends, market size, market revenue growth, drivers, restraints, growth opportunities to the viewers, investors. The report also sheds light on top companies in the global Smart Shelves Market along with market segmentations such as product type, application and regional bifurcation.
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, Pricer, Trax Image Recognition, Avery Dennison Corporation, Samsung, E Ink Holding Inc., Intel Corporation, Huawei Technologies Co., Ltd., Honeywell International Inc., and Solum
Research Report on the Smart Shelves Market Addresses the Following Key Questions:
Who are the dominant players of the Smart Shelves 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 Smart Shelves market?
What are the key growth drivers and restraining factors of the Smart Shelves 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 Smart Shelves market and its key segments?
Emergen Research has segmented the global Smart Shelves market on the basis of type, type of care, and region
Segments Covered in this report are:
Component Outlook (Revenue, USD Million; 2019–2030)
Hardware
Cameras
IoT Sensors
Radio Frequency Identification (RDFI) Tags & Readers
Digital Displays
Electronic Shelf Labels
Other Hardware
Software & Solutions
Professional Services
Organization Size Outlook (Revenue, USD Million; 2019–2030)
Large Enterprises
Small & Medium-Sized Enterprises (SMEs)
Application Outlook (Revenue, USD Million; 2019–2030)
Planogram Management
Inventory Management
Pricing Management
Content Management
Other Applications
In conclusion, the Smart Shelves Market report is an exhaustive database that will help readers formulate lucrative strategies. The Smart Shelves 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.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Smart Shelves market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Smart Shelves with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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.