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Global Smart Shelves Market 2025: Exponential Growth driven by Surge in Contactless Shopping, Customization, and Autonomous Stores

01-21-2025 01:01 PM CET | Consumer Goods & Retail

Press release from: The Business Research Company

Smart Shelves Market Size

Smart Shelves Market Size

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The smart shelves market is set to change the face of the retail industry, transforming customer experiences and retail operations with exponential growth expected in the upcoming years._x000D_
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What Is The Projected Market Size Of The Global Smart Shelves Market And Its Growth Rate?_x000D_
The global Smart Shelves market, buoyed by factors such as customer engagement and supply chain optimization, has witnessed robust growth in recent years:_x000D_
• Market Size in 2024: $3.99 billion_x000D_
• Market Size in 2025: $4.79 billion (20.2% CAGR)_x000D_
Anticipated advancements such as smart retail, customization of shelf displays, and the rise of autonomous stores will continue to fuel its growth predictions:_x000D_
• Projected Market Size in 2029: $9.81 billion (19.6% CAGR)_x000D_
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What Is Driving The Growth In The Smart Shelves Market?_x000D_
The accelerated growth of the smart shelf market is fueled by increasing consumer demand for customization and personalization. Smart shelves provide a tailored shopping experience while maximizing retailer profit, impacting the global market. A U.S. survey conducted by IBM Watson Advertising found that 56% of customers desire personalized interactions with brands. Additionally, 70% of millennials are open to their browsing and purchasing habits being tracked for a better shopping experience. Consequently, this trend of increased customer personalization and customization precipitates the growth of the smart shelves market._x000D_
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Request A Free Sample Copy: _x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=7858&type=smp_x000D_
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Who Are the Key Players Driving Smart Shelves Market Growth?_x000D_
A host of major companies in diverse sectors are contributing to the expansion of the smart shelves market:_x000D_
• Happiest Minds Technologies Pvt. Ltd._x000D_
• Intel Corporation_x000D_
• Avery International Corporation_x000D_
• Honeywell International Inc._x000D_
• Huawei Technologies Co. Ltd._x000D_
• NXP Semiconductors N.V._x000D_
• E Ink Corporation_x000D_
• Samsung Electronics Co. Ltd._x000D_
• Software AG_x000D_
• Cisco Systems Inc., and many more._x000D_
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What Are The Key Trends In The Smart Shelves Market?_x000D_
Several significant trends are shaping the future of the smart shelves market:_x000D_
• Integration of RFID technology_x000D_
• Automation for inventory management_x000D_
• Electronic shelf labels (ESLs)_x000D_
• Focus on security and anti-theft measures_x000D_
• Collaboration with e-commerce platforms_x000D_
• Demand for real-time inventory visibility_x000D_
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What Are The Segments Of The Global Smart Shelves Market?_x000D_
The smart shelves market is categorized by the following segments:_x000D_
1) By Component: Hardware, Software, Services_x000D_
2) By Enterprise Size: Small And Medium Enterprises (SMEs), Large Enterprise_x000D_
3) By Application: Planogram Management, Inventory Management, Pricing Management, Content Management, Other Applications_x000D_
4) By End-User: Departmental Stores, Supermarkets, Specialty Stores, Other End-Users_x000D_
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Which Region Leads The Smart Shelves Market?_x000D_
In 2024, North America was the largest contributor to the smart shelves market. However, Asia-Pacific is expected to emerge as the fastest-growing region in the forecast period, owing to the rapid adoption and expansion of smart retail technologies and platforms. _x000D_
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Pre-book the Report for Swift Delivery:_x000D_
https://www.thebusinessresearchcompany.com/report/smart-shelves-global-market-report_x000D_
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What Is Covered In The Smart Shelves Global Market Report?_x000D_
- Market Size Analysis: Analyze the Smart Shelves Global Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the Smart Shelves Global Market for effective categorization._x000D_
- Key Player Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall Smart Shelves Global Market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the Smart Shelves Global Market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=7858&type=smp_x000D_
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