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Electronic Shelf Label Market Share 2022 Strategies to Boost Growth, Development, Manufacturers, Industry Size, Trends

03-15-2022 12:08 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Electronic Shelf Label Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2025. The structured analysis contains graphical as well as a diagrammatic representation of the global Electronic Shelf Label Market with its specific geographical regions.

The Global Electronic Shelf Label Market Size is Projected to Reach at a CAGR of 22.65% during 2022-2025.

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Key players in the global Electronic Shelf Label Market covered:

Altierre Corporation, Diebold Nixdorf, Display data Ltd, E Ink Holding, Inc., LG Corporation, M Communication, Inc., Pricer AB, Samsung Electro-Mechanics Co., Ltd, SES-imagotag, Opticon Sensors Europe B.V., Teraoka Seiko Co., NZ Electronic Shelf Labelling Ltd., CLEARink Displays, Inc,

Recent Development:

- May 2019 - E Ink, the leading innovator of electronic ink technology, displayed its latest innovations in color displays, writing films, and new light transmissive films at SID Display Week 2019 from May 14-16, 2019 in San Jose. It enables electronic shelf labels to respond to customer traffic patterns in an accurate manner.
- Apr 2019 - RIMI, a retailer from Baltics signed an agreement with the Pricer to make an investment in a pilot project in all three Baltic countries of EUR 200,000 with the company's ESLs.

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Key Market Trends

NFC Mobile Payment is Owing to Increase the Market in Retail Sector

- Due to increase in the NFC (Near Field Communication) enabled smartphone technology, the use of NFC in electronic shelf labels is growing in retail sector, as it is energy-efficient and cost effective. Near Field Communication (NFC) is embedded and uses proximity to create simplified transactions, data exchange, and brief connections. Prior to purchase, NFC-enabled smart packages and signage can provide timely product information and even real-time digital offer to the customers.

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North America to Account for a Major Share

- Government regulations to show exact prices on shelf labels are complying retailers to adopt ESLs as paper labels are prone to human error. The shelf labeling rules differ based on the state in which the store operates, and the National Institute of Standards and Technology (NIST) handbook 130, 2019 specifies regulations for price display in the country
- Moreover, favorable government initiatives in the US towards technological innovation and integration of automated products across all industry verticals, specifically in retail automation is boosting the demand for the market.

Table of Contents: Electronic Shelf Label Market

- Chapter 1: outline of Electronic Shelf Label marketplace

- Chapter 2: worldwide market reputation and forecast through areas

- Chapter 3: worldwide marketplace popularity and forecast by using types

- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

- Chapter 5: marketplace riding issue evaluation

- Chapter 6: market opposition reputation by major producers

- Chapter 7: essential producers Presentation and market data

- Chapter 8: Upstream and Downstream marketplace investigation

- Chapter 9: Fetched and net part investigation

- Chapter 10: marketplace file end

- Chapter 11: research technique and Reference

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Any special requirements about this report, please let us know and we can provide a custom report.

The database is running updated by a group of research experts to always reflect the latest trends and information.

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Also, Research Report Examines:

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By Product Type, Applications & Growth Factors
Industry Status and Outlook for Major Applications / End Users / Usage Area

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MarketIntelligenceData provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketIntelligenceData provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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