Skip to main content

Electronic Shelf Label Market COVID -19 Impact Research Report with top Players and Growth Opportunity

The growing incorporation of the internet of things (IoT) in the retail industry is also driving the growth of the electronic shelf label market. Depending on product type, the market is categorized into segmented e-paper, full-graphic e-paper, and liquid crystal display (LCD). Out of these, the LCD category dominated the market in 2019, and it is predicted to hold the largest share in the market in the coming years.

This is because of the soaring adoption of these systems by small retailers, on account of their low maintenance requirements and costs. Additionally, the various beneficial traits of LCDs such as their low power consumption, fast response time, attractive design, and high image quality, are also contributing toward the growth of the category in the electronic shelf label market. The market is also divided, on the basis of store type, into supermarkets, hypermarkets, specialty stores, and non-food retail stores.




Out of these, the non-food retail store category will demonstrate the fastest growth in the market in the upcoming years, as per the forecast of the market research firm, P&S Intelligence. This will be because of the rising requirement for electronic shelf labels in these stores. These labels enable automated price tagging and better product management in these stores. Presently, the hypermarkets category is holding the largest share in the electronic shelf label market.

Therefore, it is clear that the market will grow substantially all over the world in the coming years, due to the growing demand for retail automation, rising requirement for advanced technologies in the retail industry, and the various advantages of using electronic shelf labels in retail stores.

This market research report provides a comprehensive overview of the market
  • Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings









Comments

Post a Comment

Popular posts from this blog

Business Impacts of COVID-19 on AR and VR Market Strategies of Major Industry Competitors

The global augmented reality (AR) and virtual reality (VR) market generated a revenue of $37.0 billion in 2019 and it is predicted to progress at a CAGR of 42.9% between 2020 and 2030. Furthermore, the market will reach a value of $1,274.4 billion by 2030. The increasing adoption of the AR and VR technologies in the healthcare, entertainment, education, gaming, and tourism sectors is one of the major factors fueling the advancement of the market across the globe. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/augmented-reality-and-virtual-reality-market/report-sample   Besides the aforementioned factor, the growing usage of smartphones and tablet computers is also propelling the expansion of the AR and VR industry across the world. According to various reports, the total number of smartphone users all over the world is predicted to rise to 3.5 billion by 2020, registering a growth rate of 9.3% from 2019. As smartphones are suitable hardware i...
Post a Comment
Read more

How Is 5G Infrastructure Enhancing Reliability of IoT-Enabled Devices?

To cater to the needs of end users, Ciena Corporation, Samsung Electronics Co. Ltd., China Mobile Ltd., KT Corporation, American Tower Corp., Hewlett Packard Enterprise Development LP, Airspan Networks Inc., Cisco Systems Inc., NEC Corporation, AT&T Inc., Huawei Technologies Co. Ltd., Affirmed Networks Inc., Telefonaktiebolaget LM Ericsson, and others are introducing new and advanced solutions and collaborating with other organizations to offer a strong 5G infrastructure. For instance, in June 2019, AT&T Inc. entered into a collaboration with International Business Machines (IBM) Corporation to provide edge computing and wireless 5G networking for business entities. The end user segment of the 5G infrastructure market is categorized into government, commercial, residential, and industrial. Among these, the industrial category is projected to witness the fastest growth during the forecast period, owing to the increasing advancements in IoT technology and expanding opportunities ...
Post a Comment
Read more

How Are Electronic Transactions Propelling Fraud Detection and Prevention System Usage?

To combat the various types of threats effectively, market players like TransUnion LLC and SAS Institute Inc. are offering a hybrid analytical approach. This approach integrates various aspects of fraud detection into one technological solution. Such integrated applications swiftly connect each and every aspect of the fraudulent activity and analyze each strand individually as a potentially greater threat. Thus, These solutions provide a holistic view of fraudulent behavior and support prepayment detection and prevention. Geographically, the North American fraud detection and prevention market generated the highest revenue in 2018. This was due to the wide-scale adoption of cloud-based technologies in small and large businesses, which has resulted in a significant number of fraudulent activities. Moreover, the extensive research and development (R&D) being undertaken for integrating the internet of things (IoT) technology in fraud detection and prevention systems will steer the ma...
Post a Comment
Read more