According to the most recent analysis by Emergen Research, the global market for smart shelves is anticipated to reach USD 15.34 billion in 2030, with a healthy revenue CAGR of 22.4%. The rising adoption of IoT and RFID technologies in retail is one of the main drivers of market revenue development. Transistors and a Radio Frequency Identification Reader (RFID) sensor that is built into, above, or behind shelves are used to create "smart" shelves. A sensor network that drives digital shelf technology enables automation of retail store inventory. In order to reduce the amount of manual inventory work required by a retail business, a conceptual design and method of operation for sensor-based smart shelves is proposed.

The report sheds light on details about every market player in the global Smart Shelves Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Smart Shelves market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

SES-Imagotag, Pricer, Trax Image Recognition, Avery Dennison Corporation, Samsung, E Ink Holding Inc., Intel Corporation, Huawei Technologies Co., Ltd., Honeywell International Inc., and Solum

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Emergen Research has segmented the global Smart Shelves market on the basis of type, application, end-use, and region:

• Component Outlook (Revenue, USD Million; 2019–2030)

  • Hardware
    1. Cameras
    2. IoT Sensors
    3. Radio Frequency Identification (RDFI) Tags & Readers
    4. Digital Displays
    5. Electronic Shelf Labels
    6. Other Hardware
  • Software & Solutions
  • Professional Services

• Organization Size Outlook (Revenue, USD Million; 2019–2030)

  • Large Enterprises
  • Small & Medium-Sized Enterprises (SMEs)

• Application Outlook (Revenue, USD Million; 2019–2030)

  • Planogram Management
  • Inventory Management
  • Pricing Management
  • Content Management
  • Other Applications

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Smart Shelves Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Smart Shelves Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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