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Global Smart Shelves Market (2017-2024)- Research Nester

Global Smart Shelves Market segmentation by type of Retail Outlet (Departmental stores, supermarket, discount stores, Specialty Stores)

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Global Smart Shelves Market (2017-2024)- Research Nester

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  1. Global Smart Shelves Market Outlook: Industry Insights & Opportunity Evaluation, 2017-2024 Copyright © Research Nester Pvt. Ltd. www.researchnester.com

  2. Entering New Emerging Markets Launch & Viability of Product Competitive Analysis Industry Analysis Research Nester, currently serving clients from 120+ countries clients across the globe, is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties. Through our robust, unbiased extensive primary and secondary research, we help organizations to understand current and future market trends, thus letting them making a prolonged yet dynamic financial investment. Copyright © Research Nester Pvt. Ltd. www.researchnester.com

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  6. Global Smart Shelves Market Overview Smart shelves refer to the shelf that is transistorized with a radio frequency identification reader (RFID) sensor which is equipped inside, above or behind the shelves. Nowadays, hypermarkets are opting for smart shelves as they help in optimization and increase their sales. Consumers prefers to go to smart shelves equipped hypermarket because smart shelves offers discounts or offers as the consumer picks up a product. The market share of the smart shelves has constantly been rising due to the increasing adoption of smart shelves as they provide benefits to both customers as well as hypermarkets and offers various advantages over the normal shelves. The evolutionary advantages that smart shelves offer over normal shelves are automatic low end stock alert, better operations management, observing consumer preferences and theft identification. Further, the normal shelves do not offer these features and result in decreased efficiency of hypermarket staff and low sales figure. However, the smart shelves are integrated systems offering better control and connectivity of hypermarket inventory. The smart shelves are meshed with weight sensors which send notification to the back end system when an item is lifted. Further, these shelves do send a message as misplaced items to the back end system when it detects a product that does not relate to that segment. Smart shelf gives various Copyright © Research Nester Pvt. Ltd. www.researchnester.com

  7. information to the retailers which they use to increase their customer service. The retail sector is expected to be more addressable to the consumer demands and provide better shopping experience by digitizing the stores and hypermarkets. Market Size and Forecast The market is anticipated to witness a robust growth over the forecast period. Increasing consumer expectation is resulting in the increased demand for digitized retail stores. Further, profit maximization of the retail stores is one of the key factors anticipated to fuel the demand for smart shelves market. North America held the largest market of smart shelves market till 2016 and is expected to continue its dominance over the forecast period as they are early adopters of new technologies. Moreover, Copyright © Research Nester Pvt. Ltd. www.researchnester.com

  8. roughly 90% purchase is done in offline stores such as retails and hypermarket which is expected to provide a robust growth to the smart shelves market in North America. Request Report Sample@ http://www.researchnester.com/sample- request/2/rep-id-286 North America is the largest market of smart shelves followed by Europe and Asia-Pacific. Moreover, Europe is the second largest market and expected to witness a significant growth over the forecast period. Rising consumer expectation for personalization and customization need and increasing share of the economy is anticipated to fuel the demand for smart shelves in the European countries. Further, Asia-Pacific is expected to show a rise in the demand for smart shelves market owing to the increasing population and rising disposable income. Market Segmentation Our in-depth analysis segmented the global smart shelves market in the following segments: By Type of Retail Outlet Departmental Stores Supermarket Copyright © Research Nester Pvt. Ltd. www.researchnester.com

  9. Discount Stores Supermarket Specialty Stores Others ( Dollar stores, malls, pharmacy store) By Region Global smart shelves market is further classified on the basis of region as follows: North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y- O-Y growth & Opportunity Analysis Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis Copyright © Research Nester Pvt. Ltd. www.researchnester.com

  10. Growth Drivers and Challenges Disruptive technology and increasing customer personalization and customization is expected to drive the global smart shelves market over the forecast period i.e. 2017-2024. Moreover, the benefits of smart shelves such as profit maximization of the retailer and delivering customized shopping experience are expected to positively shape the global smart shelves market. In addition to this, increased level of customer satisfaction is projected to escalate the global smart shelves market. However, the higher cost of smart shelves is likely to dampen the growth global smart shelves market. Moreover, shifting of customers to online retail store is anticipated to slow down the demand of smart shelves. Key players Mondelez International Company Overview Key Product Offerings Business Strategy SWOT Analysis Financials Copyright © Research Nester Pvt. Ltd. www.researchnester.com

  11. Kroger Powershelf Gillette WestRock T-Ink Seeionic Inc. Nielsen Panasonic NeWave Sensor Solutions Scope and Context Overview of the Parent Market Analyst View Segmentation The Global smart shelves market is segmented as follows: By Type of Retail Outlet Market Size & Y-O-Y Growth Analysis By Region Market Size & Y-O-Y Growth Analysis Copyright © Research Nester Pvt. Ltd. www.researchnester.com

  12. Market Dynamics Supply & Demand Risk Competitive Landscape Porter’s Five Force Model Geographical Economic Activity Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio Recent Trends and Developments Industry Growth Drivers and Challenges Key Information for Players to establish themselves in current dynamic environment To know more about Global Smart Shelves Market research, please visit: http://www.researchnester.com/reports/smart-shelves-market-global- demand-analysis-opportunity-outlook-2024/286 Related Reports: http://www.researchnester.com/reports/digital-power-conversion-market- global-demand-analysis-opportunity-outlook-2024/290 Copyright © Research Nester Pvt. Ltd. www.researchnester.com

  13. http://www.researchnester.com/reports/india-smart-door-locks-market-http://www.researchnester.com/reports/india-smart-door-locks-market- analysis-opportunity-outlook-2023/275 For More Info/Enquiry, Please Visit us at: Research Nester Pvt. Ltd. 1820 Avenue M, Suite #1113 Brooklyn, New York 11230 U.S. (T) +1 646 586 9123 Canada (T) +1 437 889 3230 U.K. (T) +44 203 608 5919 www.researchnester.com, info@researchnester.com Copyright © Research Nester Pvt. Ltd. www.researchnester.com

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