The Asia Pacific Smart Shelves Market would witness market growth of 24.3% CAGR during the forecast period (2021-2027). Sensor-integrated shelves have more abilities other than arranging for restocking. Firstly, they can recognize and tracking missing products. Secondly, smart shelves can enhance cost labeling and link to touch screens providing information regarding the product. Thirdly, smart shelves can gather information regarding how many products are picked by customers versus how many sales are done.
This process aids in understanding what merchandise is more appealing to customers and this information can be further utilized to manage the assortment of goods. In the next few years, smart-shelf systems could become so advanced that retailers can customize offers to customers as they consider then reject the goods. Lastly, stores could be benefitted from the use of RFID shelf technology as the technology helps in reducing inventory shrinkage by recognizing locations where goods vanish.
During the last year, most of the retailers have predicted the loss in their businesses. However, the future of the shelf would be bright, smart, digital, and interactive. Due to this, many people have put the investment to upgrade their shelves, both in their new stores and in retrofitting their existing stores. This will enable newer digital formats and active sensing. LED shelf labels can differ in range and size across a complete length of the shelf. As they are LED, complete color can be utilized and more information is exhibited such as ads and customer reviews. The readability of LED labels, though, could be a bit harder to the eye for some.
The China market dominated the Asia Pacific Digital Displays Smart Shelves Market by Country 2020, thereby, achieving a market value of $41.5 million by 2027. The Japan market is showcasing a CAGR of 21% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 22.3% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Software and Services. Hardware Segment is further bifurcated across RFID Tags & Readers, Cameras, Digital Displays, Electronic Shelf Labels, IoT Sensors and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Inventory Management, Pricing Management, Content Management, Planogram Management and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Shelves Market is Projected to reach USD 7.8 Billion by 2027, at a CAGR of 22.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Intel Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Avery Dennison Corporation, BOE Technology Group Co., Ltd. (SES-Imagotag), E Ink Holdings, Inc. (YFY, Inc.), Pricer AB, Trax Technology Solutions Pte. Ltd., and Nexcom International Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- RFID Tags & Readers
- Cameras
- Digital Displays
- Electronic Shelf Labels
- IoT Sensors
- Others
- Software
- Services
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Application
- Inventory Management
- Pricing Management
- Content Management
- Planogram Management
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Intel Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Avery Dennison Corporation
- BOE Technology Group Co., Ltd. (SES-Imagotag)
- E Ink Holdings, Inc. (YFY, Inc.)
- Pricer AB
- Trax Technology Solutions Pte. Ltd.
- Nexcom International Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Shelves Market, by Component
1.4.2 Asia Pacific Smart Shelves Market, by Organization Size
1.4.3 Asia Pacific Smart Shelves Market, by Application
1.4.4 Asia Pacific Smart Shelves Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan – 2021, Feb) Leading Players
Chapter 4. Asia Pacific Smart Shelves Market by Organization Size
4.1 Asia Pacific Smart Shelves Large Enterprises Market by Country
4.2 Asia Pacific Smart Shelves Small & Medium Enterprises Market by Country
Chapter 5. Asia Pacific Smart Shelves Market by Application
5.1 Asia Pacific Inventory Management Smart Shelves Market by Country
5.2 Asia Pacific Pricing Management Smart Shelves Market by Country
5.3 Asia Pacific Content Management Smart Shelves Market by Country
5.4 Asia Pacific Planogram Management Smart Shelves Market by Country
5.5 Asia Pacific Other Application Smart Shelves Market by Country
Chapter 6. Asia Pacific Smart Shelves Market by Component
6.1 Asia Pacific Smart Shelves Hardware Market by Country
6.2 Asia Pacific Smart Shelves Market by Hardware Type
6.2.1 Asia Pacific RFID Tags & Readers Smart Shelves Market by Country
6.2.2 Asia Pacific Cameras Smart Shelves Market by Country
6.2.3 Asia Pacific Digital Displays Smart Shelves Market by Country
6.2.4 Asia Pacific Electronic Shelf Labels Smart Shelves Market by Country
6.2.5 Asia Pacific IoT Sensors Smart Shelves Market by Country
6.2.6 Asia Pacific Others Smart Shelves Market by Country
6.3 Asia Pacific Smart Shelves Software Market by Country
6.4 Asia Pacific Smart Shelves Services Market by Country
Chapter 7. Asia Pacific Smart Shelves Market by Country
7.1 China Smart Shelves Market
7.1.1 China Smart Shelves Market by Organization Size
7.1.2 China Smart Shelves Market by Application
7.1.3 China Smart Shelves Market by Component
7.1.3.1 China Smart Shelves Market by Hardware Type
7.2 Japan Smart Shelves Market
7.2.1 Japan Smart Shelves Market by Organization Size
7.2.2 Japan Smart Shelves Market by Application
7.2.3 Japan Smart Shelves Market by Component
7.2.3.1 Japan Smart Shelves Market by Hardware Type
7.3 India Smart Shelves Market
7.3.1 India Smart Shelves Market by Organization Size
7.3.2 India Smart Shelves Market by Application
7.3.3 India Smart Shelves Market by Component
7.3.3.1 India Smart Shelves Market by Hardware Type
7.4 South Korea Smart Shelves Market
7.4.1 South Korea Smart Shelves Market by Organization Size
7.4.2 South Korea Smart Shelves Market by Application
7.4.3 South Korea Smart Shelves Market by Component
7.4.3.1 South Korea Smart Shelves Market by Hardware Type
7.5 Singapore Smart Shelves Market
7.5.1 Singapore Smart Shelves Market by Organization Size
7.5.2 Singapore Smart Shelves Market by Application
7.5.3 Singapore Smart Shelves Market by Component
7.5.3.1 Singapore Smart Shelves Market by Hardware Type
7.6 Malaysia Smart Shelves Market
7.6.1 Malaysia Smart Shelves Market by Organization Size
7.6.2 Malaysia Smart Shelves Market by Application
7.6.3 Malaysia Smart Shelves Market by Component
7.6.3.1 Malaysia Smart Shelves Market by Hardware Type
7.7 Rest of Asia Pacific Smart Shelves Market
7.7.1 Rest of Asia Pacific Smart Shelves Market by Organization Size
7.7.2 Rest of Asia Pacific Smart Shelves Market by Application
7.7.3 Rest of Asia Pacific Smart Shelves Market by Component
7.7.3.1 Rest of Asia Pacific Smart Shelves Market by Hardware Type
Chapter 8. Company Profiles
8.1 Honeywell International, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.3 Intel Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Samsung Electronics Co., Ltd. (Samsung Group)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Avery Dennison Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Geographical Expansions:
8.6 BOE Technology Group Co., Ltd. (SES-Imagotag)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Recent strategies and developments:
8.6.3.1 Partnerships, Collaborations, and Agreements:
8.7 E Ink Holdings, Inc. (YFY, Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental And Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 Pricer AB
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.9 Trax Technology Solutions Pte. Ltd.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.2.2 Product Launches and Product Expansions:
8.9.2.3 Acquisition and Mergers:
8.10. Nexcom International Co., Ltd.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Smart Shelves Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Smart Shelves Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Shelves Market
TABLE 4 Product Launches And Product Expansions– Smart Shelves Market
TABLE 5 Geographical Expansions– Smart Shelves Market
TABLE 6 Acquisition and Mergers– Smart Shelves Market
TABLE 7 Asia Pacific Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Smart Shelves Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Smart Shelves Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Smart Shelves Small & Medium Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Smart Shelves Small & Medium Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Inventory Management Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Inventory Management Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Pricing Management Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Pricing Management Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Content Management Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Content Management Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Planogram Management Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Planogram Management Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Other Application Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Other Application Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Smart Shelves Hardware Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Smart Shelves Hardware Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 31 Asia Pacific RFID Tags & Readers Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific RFID Tags & Readers Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Cameras Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Cameras Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Digital Displays Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Digital Displays Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Electronic Shelf Labels Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Electronic Shelf Labels Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific IoT Sensors Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific IoT Sensors Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Others Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Others Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Smart Shelves Software Market by Country, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Smart Shelves Software Market by Country, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Smart Shelves Services Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Smart Shelves Services Market by Country, 2021 - 2027, USD Million
TABLE 47 Asia Pacific Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 48 Asia Pacific Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 49 China Smart Shelves Market, 2017 - 2020, USD Million
TABLE 50 China Smart Shelves Market, 2021 - 2027, USD Million
TABLE 51 China Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 52 China Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 53 China Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 54 China Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 55 China Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 56 China Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 57 China Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 58 China Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 59 Japan Smart Shelves Market, 2017 - 2020, USD Million
TABLE 60 Japan Smart Shelves Market, 2021 - 2027, USD Million
TABLE 61 Japan Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 62 Japan Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 63 Japan Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 64 Japan Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 65 Japan Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 66 Japan Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 67 Japan Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 68 Japan Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 69 India Smart Shelves Market, 2017 - 2020, USD Million
TABLE 70 India Smart Shelves Market, 2021 - 2027, USD Million
TABLE 71 India Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 72 India Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 73 India Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 74 India Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 75 India Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 76 India Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 77 India Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 78 India Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 79 South Korea Smart Shelves Market, 2017 - 2020, USD Million
TABLE 80 South Korea Smart Shelves Market, 2021 - 2027, USD Million
TABLE 81 South Korea Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 82 South Korea Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 83 South Korea Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 84 South Korea Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 85 South Korea Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 86 South Korea Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 87 South Korea Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 88 South Korea Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 89 Singapore Smart Shelves Market, 2017 - 2020, USD Million
TABLE 90 Singapore Smart Shelves Market, 2021 - 2027, USD Million
TABLE 91 Singapore Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 92 Singapore Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 93 Singapore Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 94 Singapore Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 95 Singapore Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 96 Singapore Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 97 Singapore Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 98 Singapore Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 99 Malaysia Smart Shelves Market, 2017 - 2020, USD Million
TABLE 100 Malaysia Smart Shelves Market, 2021 - 2027, USD Million
TABLE 101 Malaysia Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 102 Malaysia Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 103 Malaysia Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 104 Malaysia Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 105 Malaysia Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 106 Malaysia Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 107 Malaysia Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 108 Malaysia Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 109 Rest of Asia Pacific Smart Shelves Market, 2017 - 2020, USD Million
TABLE 110 Rest of Asia Pacific Smart Shelves Market, 2021 - 2027, USD Million
TABLE 111 Rest of Asia Pacific Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 112 Rest of Asia Pacific Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 113 Rest of Asia Pacific Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 114 Rest of Asia Pacific Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 115 Rest of Asia Pacific Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 116 Rest of Asia Pacific Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 117 Rest of Asia Pacific Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 118 Rest of Asia Pacific Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 119 Key information – Honeywell International, Inc.
TABLE 120 key information – Huawei Technologies Co., Ltd.
TABLE 121 Key Information – Intel Corporation
TABLE 122 Key Information –Samsung Electronics Co., Ltd.
TABLE 123 Key Information – Avery Dennison Corporation
TABLE 124 Key Information – BOE Technology Group Co., Ltd.
TABLE 125 Key Information – E Ink Holdings, Inc.
TABLE 126 key information – Pricer AB
TABLE 127 Key Information – Trax Technology Solutions Pte. Ltd.
TABLE 128 Key Information – Nexcom International Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan – 2021, Feb) Leading Players
FIG 5 Recent strategies and developments: Honeywell International, Inc.
FIG 6 Swot analysis: Honeywell international, inc.
FIG 7 SWOT analysis: Intel corporation
FIG 8 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 9 Recent strategies and developments: Pricer AB
FIG 10 Recent strategies and developments: Trax Technology Solutions Pte. Ltd.