The article cited AMA's Global Electronic Shelf Label (ESL) Market Study explored substantial growth with CAGR of %. According the report, Largest End Users of Electronic Shelf Label are Hyper Markets is one of the primary growth factors for the market. Rising Adoption of Digital Solutions
is also expected to contribute significantly to the Electronic Shelf Label (ESL) market. Overall, applications of Electronic Shelf Label (ESL), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Pricer (Sweden), SES-imagotag (France), Displaydata (United Kingdom), SoluM (South Korea), NZ Electronic Shelf Labelling (New Zealand), E Ink Holdings (Taiwan), M2Communication (Taiwan) and Opticon Sensors Europe (Netherlands) may see astonishing sales in this Market and certainly improve revenue growth.
The , such as , is boosting the Electronic Shelf Label (ESL) market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Electronic Shelf Label (ESL) market identified that the demand is rising in many different parts of the world as "RF and NFCs Present Huge Opportunities to Grow". Furthermore, some recent industry insights like "In September 2023, Pricer Launches Next-Gen CENTUVISION ESLs Centuvision introduces improved functionality and reduced reliance on servers, utilizing Bluetooth, Wi-Fi, and cloud technology." is constantly making the industry dynamic. One of the challenges that industry facing is "Regular Maintenance and Integration of Electronic Shelf Labels with Existing IT Infrastructure of the Store"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Electronic Shelf Label (ESL) market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Electronic Shelf Label (ESL) market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Electronic Shelf Label (ESL) market tight? Which application/end-user category or Product Type [LCD, Segmented E-Paper and Full-Graphic E-Paper] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Electronic Shelf Label (ESL) market and other related sub-markets covered in the study.
o Key & emerging players in the Electronic Shelf Label (ESL) market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Electronic Shelf Label (ESL) market size is calculated using market estimation process, the Electronic Shelf Label (ESL) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Electronic Shelf Label (ESL) market size has been validated using both top-down and bottom-up approaches.