Hypermarkets Segment Support Electronic Shelf Label Market Growth During 2020-2027.
The market was valued at US$ 464.7 million in 2019 and is projected to reach US$ 1577.6 million by 2027; it is expected to grow at a CAGR of 16.9% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players with their developments in the market.
Retailers use the electronic shelf label system for displaying product pricing on shelves. This system has benefits such as product pricing are automatically updated whenever a price is changed from a central control server. Hence its gaining popularity and boosting the need for the electronic shelf label market. The rising number of the supermarket, specialty store, and hypermarket are raising demand for the electronic shelf label market. The US, China, Germany, France, and Japan are five major countries contributing to the highest revenue share in the electronic shelf label market.
Electronic Shelf Label Market By Global Manufacturers,Types,Regions And Applications Research Report Forecast To 2025
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The global IoT in Manufacturing market size is projected to reach USD 1038.8 Million by 2026, from USD 567.2 Million in 2020, at a CAGR of 10.6% during the forecast period 2021-2026.
Major factors driving the growth of IoT in Manufacturing Market size are the growing need for centralized monitoring and predictive maintenance of manufacturing infrastructure, agile production, operational efficiency, and increasing adoption of the cloud.
The study provides an in-depth global IoT in Manufacturing market size analysis along with current trends and future estimations to elucidate the imminent investment pockets. The report also provides information on key drivers, restraints, and opportunities, along with their impact analysis.
IoT in Manufacturing Market Size is Projected to Reach USD 1038.8 Million by 2026 at CAGR 10.6% | Valuates Reports
IoT in Manufacturing Market is Segmented by
Type (Network Management, Data Management, Device Management, Application Management),
Application (Industrial Equipment Manufacturing Electronic Products, Communications Equipment Manufacturing, Chemical, Material Equipment Manufacturing, Food, Agricultural Equipment Manufacturing, Other):
Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on
Valuates Reports in the
Software & Services Category.
The global IoT in Manufacturing market size is projected to reach USD 1038.8 Million by 2026, from USD 567.2 Million in 2020, at a CAGR of 10.6% during the forecast period 2021-2026.
Major factors driving the growth of IoT in Manufacturing Market size are the growing need for centralized monitoring and predictive maintenance of manufacturing infrastructure, agile production, operational
Tracking Smart Labels Market Tracking Size, Segments, Share, Analysis and Future Forecast To 2021 Tracking Smart Labels Market Tracking Size, Segments, Share, Analysis and Future Forecast To 2021
BriefingWire.com, 12/14/2020 - Market Key Players
MRFR enlisted some of the important vendors of smart labels. They are;
Invengo Information Technology Co. Ltd.
Checkpoint Systems Inc.
Muhlbauer Holding Ag & Co. Kgaa
Thin Film Electronics ASA, and Alien Technology Inc. The high competition among the market key players is characterized by acquisition, collaboration, partnership, and launch of new technologies. The growth of the Tracking Tracking Smart Labels Market is also dependent on strategies adopted by key players, as they compete on pricing, reputation, technology, and services provided by them.
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