Middle East & Africa Electronic Shelf Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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Description Table of Contents Scope of the Report

Middle East & Africa Electronic Shelf Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

An Electronic shelf label system is a tool used by retailers for displaying product pricing on shelves. These modules will use electronic paper or liquid-crystal display to show the current product price to the customers. ESL systems reduce pricing management labour costs and improve accuracy. E-Paper is currently trending in the electronic shelf label market as it provides clear display and full graphics imaging.

The Middle East and Africa Electronic Shelf Market Segments Size and Growth:

The Middle East and Africa electronic shelf market size are projected to reach approximately $XX m by the end of 2024 with a CAGR close to X% from $XX m in 2018 during the forecast timeline 2018-2024. Key parameters prompting the electronic shelf market growth include increased operation efficiency, more cost-efficient, trending retail automation and less time-consuming alternative to paper labels with real-time product positioning. Electronic shelf market not only improves the accuracy and magnifies customer satisfaction and loyalty but also reduce delays or queries about product pricing, loss or profits associated with human errors.

The Middle East and Africa Electronic Shelf Market

Middle East & Africa Electronic Shelf Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Segment Share:

The North America electronic shelf market was divided based on various parameters. By the type of the product, they are divided into Segmented e-paper ESLs, Full graphic e-paper ESLs, and LCD ESLs. Full-graphic e-paper ESL has the most significant market share due to the growing demand for the price automation. By the type, they are divided into Hyper Markets, Super Markets, and Non-Food Retail Stores. Hypermarkets will hold the most significant share due to the presence of grocery stores, department stores, and discount stores. By the components, they are divided into RF Communication, Near Field communication, IR Communication, and Visible light communication. Among them Near Field Communication is expected to have the most extensive market. It uses a set of protocols that enables electronic devices to establish communication with each other by getting the devices together. By the Geography, South Korea is expected to have the most extensive market due to increase in operational efficiency with real-time products.

The Middle East and Africa States key vendors

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Middle East & Africa Electronic Shelf Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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