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The global electronic shelf label market is expected to reach USD 3.14 Billion by 2027, according to a new report by Reports and Data.
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Electronic Shelf Label Market To Reach USD 3.14 Billion By 2027 www.reportsanddata.com
Market Summary The global electronic shelf label market is expected to reach USD 3.14 Billion by 2027, according to a new report by Reports and Data. Electronic shelf labels (ESLs) are observing an escalation in demand for their use in exhibiting product prices in retail stores. These are generally affixed to retail shelves' front edge and employs LCD or E Ink™ displays and centralized pricing system (to align and coordinate fluctuations in pricing across different levels) to present the current product prices to the customers. Further, ESLs allow for dynamic pricing that adapts to several factors such as an increase in price to consider low inventory; or drop in price to get a competitive edge or allow for the rapid sale of items that are approaching their expiration date. The growth of the organized retail sector in emerging nations is one of the significant factors influencing the market growth, owing to robust macroeconomic factors, as well as the proliferation of the internet in countries like India and China. Read More @ https://www.reportsanddata.com/report-detail/electronic-shelf-label-esl-market
Market Summary Key players include Pricer, Displaydata, Samsung Electro-Mechanics, Diebold Nixdorf, SES-Imagotag, M2communication, Teraoka Seiko, E Ink Holdings, Panasonic Corporation, and Clearink Display, among others Type Outlook (Revenue, USD Million; 2017-2027) LCD, Segmented E-Paper, Full Graphic E-Paper Technology Outlook (Revenue, USD Million; 2017-2027) Radio Frequency, Infrared, Near Field Communication, Others Component Outlook (Revenue, USD Million; 2017-2027) Displays, Batteries, Microprocessors, Transceivers, Others Store Type Outlook (Revenue, USD Million; 2017-2027) Super Markets, Hyper Markets, Specialty Stores, Non-Food Retail Store, Others
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