Electronic Shelf Label Market Leading Players, CAGR Status, Recent Trends, Forthcoming Developments, and Forecast 2022-2030 | NCR Corporation, M2Communication, Diebold Nixdorf, SES-imagotag, Pricer AB, E Ink Holdings, Displaydata, Samsung Electronics Co.

The recent report by Astute Analytica on the global Electronic Shelf Label Market covers all the factors which will impact the market in the coming years. The report discusses several sections, such as COVID-19 impact, shareholding segments, etc. Moreover, it also outlines the list of past innovations and ongoing events to give an overview of the trends.  

The global Electronic Shelf Label Market size was US$ 956.6 Mn in 2021. The global Electronic Shelf Label Market is forecast to grow to US$ 5930.6 Mn by 2030 by registering a compound annual growth rate (CAGR) of 16.0% during the forecast period from 2022 to 2030.  

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Factors Affecting the Market 

Technology is maintaining a vital place across all industrial verticals, including healthcare, automotive, construction, etc. Companies leverage cloud and service-based services to propel innovation and bring significant revolution. Thus, it will drive the growth of the global Electronic Shelf Label Market during the forecast period.  

Growing investments in this market are expected to boost the growth of the overall market. For instance, the US Federal Government set aside $58.4 billion budget for IT at civilian Federal agencies in 2022, which is an increase of 2.4 percent from 2021. 

COVID-19 Impact Analysis 

The COVID-19 outbreak forced many organizations to adapt to digital methods, which rapidly accelerated digital transformation. Work environments changed abruptly as remote work became the new normal among organizations. As a result, it is forecast to strengthen the potential scope of the Electronic Shelf Label Market in the coming years. This report by Astute Analytica covers all the factors depicting the impact of the pandemic.  

Segmentation Overview 

Global Electronic Shelf Label Market is segmented based on component, display type, communication, power, color, display size, store type, retail format, and region. The industry trends in the global electronic shelf label market are sub-divided into different categories in order to get a holistic view of the global marketplace. 

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Following are the different segments of the Global Electronic Shelf Label Market:

By Component segment of the Global Electronic Shelf Label Market is sub-segmented into:

Hardware
Communication Station
Terminal Display (Label)
RF Module
Label Management Software
Services
Consulting & Training
Installation & Support

By Display Type segment of the Global Electronic Shelf Label Market is sub-segmented into:

LCD
E-Paper
Full Graphic E-Paper

By Communication segment of the Global Electronic Shelf Label Market is sub-segmented into:

RF
IR
NFC

By Power segment of the Global Electronic Shelf Label Market is sub-segmented into:

Battery Powered
Wireless Charge
Others

By Color segment of the Global Electronic Shelf Label Market is sub-segmented into:

Monochrome
Multi-color

By Display Size segment of the Global Electronic Shelf Label Market is sub-segmented into:

1.5-3 Inches
3-6 Inches
6-12 Inches
More than 12 Inches

By Store Type segment of the Global Electronic Shelf Label Market is sub-segmented into:

Grocery / General Retail
Fashion & Apparel
Pharma Stores
Electronics
Hotels & Restaurants
Fuel Stations
Others (DIY, Automotive Dealerships)

By Retail Format segment of the Global Electronic Shelf Label Market is sub-segmented into:

Hypermarket
Supermarket
Specialty Store
Other Retail Stores

By Region segment of the Global Electronic Shelf Label Market is sub-segmented into:

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of Latin America

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About Astute Analytica:

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This release was published on openPR.