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.
The report on Global Smart Shelves Market added by Emergen Research offers a comprehensive analysis of the recent advancements in the Smart Shelves industry and trends driving the growth of the market. It is an investigative study covering analysis of market drivers, restraints, challenges, threats, and growth prospects in the global Smart Shelves market. The global Smart Shelves market report is a methodical research of the Smart Shelves market done by extensive primary and secondary research. The fundamental purpose of the Smart Shelves market report is to offer an accurate and strategic analysis of the Smart Shelves business sphere.
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Competitive Terrain:
The global Smart Shelves industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
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
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Smart Shelves market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Smart Shelves market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Smart Shelves market.
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Market Segmentations of the Smart Shelves Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Smart Shelves market on the basis of product, application, 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
- Hardware
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
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Major Geographies Analyzed in the Report:
- 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)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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