What is the Electronic ShelfLabel market size?

The market for electronic shelf labels is anticipated to reach USD 2,092 million by 2026 at a CAGR of 20.4 percent from an estimated USD 826 million in 2021.

The retail automation solutions that allow dynamic pricing of goods in retail establishments and provide customers with a better shopping experience are electronic shelf labels. Retailers in groceries, hypermarkets and specialized shops have mostly embraced these labels.

Electronic shelf labels are frequently deployed worldwide to improve retail shop operational effectiveness and lower labor costs. Small wireless display devices called electronic shelf labels can replace conventional paper pricing systems in practically all retail establishments worldwide. These labels connect shop scanning databases and shelf prices immediately.

For more information on the benefits of wireless pricetags, visit our website at SOLUM ESL

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