Global Electronic Shelf Label (ESL) Market is expected to reach USD 581.12 Mn in 2019 and is expected to reach USD 2125 Mn by 2027 at a CAGR of 17.59 % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Electronic Shelf Label (ESL) Market
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Global Electronic Shelf Label (ESL) Market Dynamics:
Electronic shelf labels used by retailers have an indicator that displays the price of the product and the offers related to the product. There are several electronic shelf labels in a retail store that are controlled by a server, which uses a wireless communication network to communicate with the ESL. Some of the important factors such as increasing operational efficiency, better product positioning, and increasing retail automation are driving the growth of the Global Electronic Shelf Label (ESL) Market. The wide range of ESL users ranges from groceries market, hardware stores, sports equipment, furniture, consumer appliances, and electronics and gadgets.
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