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  • Middle East
    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

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    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

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    BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

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    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

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    أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

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    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

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    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

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    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    Anavrin Equestrian Resort & Sports Club joins Healing Hotels of the World

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

  • Africa
    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

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    أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

    GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

    GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

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    Globitel’s SpeechLog Retail solution adopted by one of Kuwait’s largest telecom operators in record-fast roll-out

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    Europe's bank bonds battered after Credit Suisse debt wipeout – Reuters

    Boucheron celebrates the Middle East in new campaign starring … – Arab News

    A couple found an abandoned, 96-year-old home in the Japanese … – Business Insider Africa

    Saudi Arabia's high energy prices, tourism fuel banking sector in … – Arabian Business

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    Electrolyzers Market worth $23.6 Billion by 2028

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    Case Management Market expected to hit USD 14.47 Bn by 2029 during the forecast period

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Home Press Releases

Electronic Shelf Labels Industry worth $2.8 billion by 2028 at a CAGR of 13.8%

by admin
March 7, 2023
in Press Releases
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(EMAILWIRE.COM, March 07, 2023 ) The electronic shelf labels market is estimated to be worth USD 1.5 billion in 2023 and is projected to reach USD 2.8 billion by 2028, at a CAGR of 13.8% during the forecast period. Benefits offered by electronic shelf labels (ESLs), the ability of ESLs to facilitate reduced labor efforts, advent of 5G, and increasing demand for price optimization from retailers are the key factors driving the market growth.

Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=40815676

ESLs are retail automation solutions that facilitate the dynamic pricing of products in retail stores and offer an enhanced shopping experience to customers. These labels have been widely used by retailers in hypermarkets, supermarkets, non-food retail stores, and specialty stores. Electronic shelf labels are being extensively deployed globally to enhance the operational efficiency of retail stores and reduce costs. Electronic shelf labels are wireless and can replace traditional paper pricing systems in almost all retail stores globally. These labels link the shelf prices directly to scanning databases of stores. They also offer a provision to change the prices of products remotely.

The traditional revenue sources for market players offering advanced retail solutions include conventional retail solutions, paper labels, cameras, and traditional checkout systems. However, the integration of advanced technologies such as IoT and AI has facilitated the development of advanced retail solutions such as point-of-sale (PoS) systems, ESLs, and other automated retail solutions that not only improve process efficiency in retail stores but also reduce operational costs. In recent years, market players are extensively focusing on developing advanced retail solutions such as PoS systems, interactive kiosks, LCD-based ESLs, fully graphic e-paper ESLs, segmented e-paper ESLs, automatic storage and retrieval systems, autonomous guided vehicles (AGVs), and automated conveyors.

The surge in adoption of fully graphic ESLs can be attributed to the increasing demand from tier I and tier II retailers that rely on these ESLs to a large extent, as they facilitate displaying graphic content and information. Moreover, fully graphic e-paper-based ESLs are key to gaining customer attention and enhancing in-store communication. Using graphic displays, retailers can carry out product positioning in real time and enhance the shopping experience of customers. The key benefit of using fully graphic e-paper ESLs is their ability to project graphical objects, such as logos and callouts.

The constantly thriving retail sector is facilitating the increased adoption of ESLs in hypermarkets, supermarkets, non-food retail solutions, specialty stores, warehouses, concept stores, single-brand stores, and industries. The growing trend of retail automation is expected to provide ample growth opportunities for market players offering ESLs globally.

News Also Covered: https://www.prnewswire.com/news-releases/electronic-shelf-labels-market-worth-2-8-billion-by-2028—exclusive-report-by-marketsandmarkets-301749606.html

Related Reports:

Digital Signage Market Size by Offering (Hardware, Software, Services), Product, Display Size, Installation Location, Application (Retail, Healthcare, Hospitality, BFSI, Education), and Geography- Global Forecast to 2026

Retail Automation Market by Type (PoS, Barcode and RFID, ESL, Camera, AGV, ASRS, Automated Conveyor), Implementation, End User (Hypermarkets, Supermarkets, Single Item Store, Fuel Stations, Retail Pharmacies) and Geography – Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



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