According to the recent study the Smart Shelve Market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 22% to 24% from 2023 to 2028. Growth in this market is primarily driven by growing demand for simplification of workflow at retail stores and rising demand to maintain accuracy in inventory & supply chain optimization in retail.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in smart shelve market by component (hardware {RFID tags and readers, electronic shelf labels, IOT sensors, and others}, software and solutions, and professional services), organization size (SMEs and large enterprises), application (planogram management, inventory management, pricing management, content management, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Inventory management is expected to remain the largest segment during the forecast period.”

Based on application, the smart shelve market is segmented into planogram management, inventory management, pricing management, content management, and others. Lucintel forecasts that the Inventory management is expected to remain the largest segment due to increasing demand for inventory surveillance stock shelve that will keep track of low stock cases, theft, and disarrangement.

“Within the smart shelve market, the software and solutions segment is expected to grow at a higher CAGR during the forecast period”

Based on component the software and solutions segment is expected to witness the highest growth over the forecast period as these are the essential tools and platforms to build connectivity between shelf components and the cloud servers & gateway.

“Europe will dominate the smart shelve market in near future”

Europe is expected to remain the largest region over the forecast period due to existence of large number companies including SES Imagotag and Pricer.

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Major players of smart shelve market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SES-Imagotag, Pricer, Trax, Avery Dennison, Samsung, E Ink, Intel, Huawei, Honeywell, Solum, NEXCOM, DreamzTech Solutions, and Sennco are among the major smart shelve providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/smart-shelve-market.aspx  or [email protected]