Electronic shelf label is expected to rise at annual rate of 19.84% in the forecast period of 2020 to 2027 and is anticipated to reach USD 3.18 billion by 2027 due to accelerating growth of retail automation along with rising demand of business process optimisation are driving the market growth during the forecast period of 2020 to 2027.
Increasing development in real time data analysis and expanding demand of e-paper technology will further cater new and ample opportunities for the electronic shelf label market in the above mentioned forecast period.
According to Data Bridge Market Research, the market for electronic shelf label is accelerating owing to rising the operational effectiveness with real time product positioning and occurrence of cost efficient alternative. Increasing capital expenses on supporting infrastructure will act as restraints to the market growth in the forecast period of 2020 to 2027.
Now the question is which are the other regions that electronic shelf label market is targeting? Data Bridge Market Research has forecast large growth in Asia-pacific in the forecast period of 2020-2027 unpaid to the availability of labor at low price along with accurateness of price labeling. On the contrary, Europe is seen to dominate the electronic shelf label market because of the occurrence of majority of electronics manufacturers in the region.
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Electronic shelf label market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of electronic shelf label companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-electronic-shelf-label-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Electronic Shelf Label Market – Industry Trends and Forecast to 2027