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Top Factor Driving Smart Labelling In Logistics Market Growth in 2025: The Impact Of Internet Of Things (IoT) Integration On The Growth Of Smart Labels In The Logistics Market
Smart Labelling In Logistics Market
In recent times, the smart labelling in logistics market has seen robust growth. The market, which was valued at $6.74 billion in 2024, is projected to rise to $7.14 billion in 2025, which signifies a compound annual growth rate (CAGR) of 6.0%. Various factors have contributed to this growth during the historical period, including the heightened necessity for adhering to traceability and safety regulations, a rise in the intricacy of supply chains demanding sophisticated labelling solutions, the implementation of automated systems to improve the accuracy and efficiency of labelling, increases in consumer demands for transparent product information, the spread of international trade necessitating standardized and trustworthy labelling systems, as well as initiatives aimed at diminishing operational costs leading to improvements in labelling efficiency.
An impressive increase in the size of the smart labelling in logistics market is predicted in the coming years. It is expected to expand up to $8.91 billion by 2029, with a compound annual growth rate (CAGR) of 5.7%. The anticipated growth during the forecast period can be associated with improvements in smart labelling via the Internet of Things (IoT) enabling real-time tracking, AI and machine learning, sustainability efforts, blockchain technology, and individualization trends. Notable trends for the forecast period include the incorporation of IoT, the use of AI and machine learning, customized labelling, advanced analytics, and the rise of augmented reality (AR).
What Are the Primary Growth Drivers for the Smart Labelling In Logistics Market?
The growth of smart labelling in the logistics market is anticipated to be driven by the growing integration of the Internet of Things (IoT). The integration of IoT involves the unification of IoT devices and systems for efficient data interchange and automation. This surge in IoT integration owes to several elements such as technological advancement, heightened connectivity, the diminishing expenses of IoT devices, and the escalating demand for intelligent solutions in various sectors. With real-time data and continuous connectivity for tracking, monitoring, and administration of goods across the supply chain, smart labels in logistics amplify IoT integration. For example, a report released by Ericsson, a telecommunications firm based in Sweden, in September 2022 reported that global IoT connections had reached 13.2 billion in 2022 and were projected to rise by 18%, hitting 34.7 billion connections by 2028. Consequently, the escalating IoT integration is predicted to stimulate the expansion of the smart labelling in logistics market.
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Who Are the Dominant Companies Influencing Smart Labelling In Logistics Market Trends?
Major companies operating in the smart labelling in logistics market are Oracle Corporation, Honeywell International Inc., 3M Company, NXP Semiconductors N.V., Avery Dennison Corporation, Zebra Technologies Corporation, CCL Industries Inc., Toshiba Tec Corporation, Cognex Corporation, Sato Holdings Corporation, Checkpoint Systems Inc., Mimaki Engineering Co. Ltd., Impinj Inc., Identiv Inc., Barcodes Inc., Alien Technology LLC., Roambee Services Private Limited, William Frick & Company, Scanbuy Inc., Thin Film Electronics ASA, SMARTRAC TECHNOLOGY GmbH, KSW Microtec AG, Invengo Information Technology Co. Ltd, TSC Auto ID Technology Co. Ltd.
How Is the Smart Labelling In Logistics Market Evolving?
Leading businesses in the smart labels sector of logistics are concentrating on creating cutting-edge solutions such as labelling based on a unified visibility platform to enhance the precision and efficiency of the supply chain. A unified visibility platform-based labelling system is one that incorporates and offers extensive, instant tracking and control of goods across the supply chain via a single cohesive interface. For instance, in May 2024, Roambee Corporation, a firm from the US offering supply chain visibility and intelligence, launched a 5G enabled GPS smart label of 4 x 6 inches, designed with peel-and-ship features. This sophisticated label uses 5G tech, GPS, and NIST-calibrated sensors to monitor environmental aspects like temperature, humidity, shock, and light, resulting in outstanding real-time transparency for consignments. Its working mechanism is similar to a barcode as users can effortlessly scan the label for consignment details without needing intricate infrastructure such as printers. The smart label seamlessly merges with Roambee's unified visibility platform, providing accurate insights into ETA, quality of consignment and security throughout the whole supply chain.
What Are the Different Segmentations in the Smart Labelling In Logistics Market?
The smart labelling in logistics market covered in this report is segmented -
1) By Product: Radio Frequency Identification (RFID) Labels, Near Field Communication (NFC) Labels, Electronic Shelf Labels (ESL), Other Products
2) By Component: Hardware, Software, Services
3) By Deployment Type: Cloud-Based, On-Premises
4) By Company Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By Application: Inventory Management, Asset Tracking, Parcel Tracking And Delivery, Cold Chain Monitoring, Other Applications
Subsegments:
1) By Radio Frequency Identification (RFID) Labels: Passive RFID Labels, Active RFID Labels, Semi-Passive RFID Labels, High-Frequency RFID Labels (HF), Ultra-High Frequency RFID Labels (UHF)
2) By Near Field Communication (NFC) Labels: NFC Stickers, NFC Tags, NFC-Enabled Smart Labels, NFC Interactive Labels
3) By Electronic Shelf Labels (ESL): E-Paper ESL, LED-based ESL, Full-Color ESL, Bluetooth Low Energy (BLE)-Enabled ESL
4) By Other Products: Smart QR Code Labels, Smart Barcode Labels, Augmented Reality (AR) Labels, Wireless Temperature Monitoring Labels, Digital Price Tags
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Which Region Is at the Forefront of the Smart Labelling In Logistics Market?
North America was the largest region in the smart labelling in logistics market in 2024. The regions covered in the smart labelling in logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Smart Labelling In Logistics Global Market Report?
- Market Size Analysis: Analyze the Smart Labelling In Logistics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart Labelling In Logistics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Smart Labelling In Logistics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Labelling In Logistics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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