The Reports and Data's Global Wifi Electronic Shelf Label Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry's driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
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The global Wifi Electronic Shelf Label market size was 916.6 Million in 2022 and is expected to register a rapid revenue CAGR of 20.9% during the forecast period. Rising demand for Electronic shelf labels (ESL) , trending automation in the retail industry, and increasing need for more cost-effective and less time-consuming alternatives to paper fuels are key factors driving market revenue growth. ESL, also known as Digital price tags, are digital Wireless Display systems that retail stores use to show product prices. These electronic price tags display a price using an e-ink and are linked to a computer database. Most significant benefits of electronic price tags for retail are their capacity to engage in real-time dynamic pricing in-store and create omnichannel experience to increase consumer loyalty. These are generally affixed to retail shelves’ front edge and utilize Liquid Crystal Display (LCD) or Electronic Ink (E Ink) displays and a centralized pricing system to align and coordinate fluctuations in pricing across different levels to present current product prices to customers, which in turn, is driving market revenue growth.
Major Companies:
Diebold Nixdorf, Incorporated, SAMSUNG ELECTRO-MECHANICS., Displaydata Limited, Panasonic Holdings Corporation, NCR Corporation, SES-imagotag, CLEARink Displays, Inc., SOLUM, E Ink Holdings Inc., and M2COMM.
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Wifi Electronic Shelf Label is expected to rise in the coming years.
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Type Outlook:
- Display
- Batteries
- Transceiver
- Microprocessors
- Others
Application Outlook:
- Hypermarkets & Supermarkets
- Specialty Stores
- Non-Food Retail Stores
- Others
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Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Wifi Electronic Shelf Label Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Wifi Electronic Shelf Label Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Wifi Electronic Shelf Label Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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