Electronic Shelf Label Revenues to Exceed US$6.2 Billion by 2030 Amid Retailers' Response to a Shrinking Workforce
NEW YORK, April 3, 2024 /PRNewswire/ -- In retail stores, technology is being increasingly leveraged to enhance customer experiences, improve product availability, and address labor challenges head-on. According to global technology intelligence firm ABI Research, Electronic Shelf Label (ESL) revenues worldwide are expected to surpass US$6.2 billion by 2030.
- According to global technology intelligence firm ABI Research, Electronic Shelf Label (ESL) revenues worldwide are expected to surpass US$6.2 billion by 2030.
- Workers are required to ensure shelves are stocked, inventory is managed, the store is clean, and customers are supported.
- Europe has led the charge with ESLs, currently with the highest installed base at almost 600 million ESLs.
- The region also hosts the two largest ESL vendors, SES-imagotag and Pricer , holding a combined market share of over 60%.