The global electronic shelf labels market size was valued at USD 878.1 million in 2023 and is poised to grow at a significant CAGR of 22.9% during the forecast period 2024-2030 It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the electronic shelf labels market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global electronic shelf labels market segmentation:
1) By Product: LCD ESL, Segmented E-Paper ESL, Full Graphic E-Paper ESL
2) By Technology: RF, IR, NFC and Others
3) By Application: Industrial, Commercial.
The primary factors of the electronic shelf labels market drivers are use of automation in the retail sector. The electronic shelf labels market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The electronic shelf labels market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the electronic shelf labels market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the electronic shelf labels market key players are E Ink Holdings Inc, Herbert Retail Limited, Advantech, Altierre Corporation, Displaydata Limited, Opticon Sensors Europe B.V., New Zealand Electronic Shelf Labelling Ltd., Diebold Nixdorf Incorporated is covered here to help them in strengthening their place in the market.
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