The global demand for Smart Shelves Market is presumed to reach the market size of nearly USD 17.82 BN by 2030 from USD 3.28 BN in 2022 with a CAGR of 23.54% under the study period 2023 - 2030.
Smart shelves, also known as intelligent or connected shelves, are advanced shelving systems equipped with sensors, cameras, and other technology that assist in data collection, monitoring inventory management, and provide various interactive features. These shelves are commonly used in retail, warehousing, libraries, and other environments where inventory management, customer engagement, and data collection are important.
The smart shelves market is experiencing growth driven by a convergence of factors that make these advanced shelving systems increasingly appealing across various industries. These intelligent shelves are designed to streamline inventory management by providing real-time tracking, reducing stockouts and overstocking, and ultimately lowering costs. In the retail sector, they contribute to the industry's digital transformation by enhancing in-store shopping experiences through interactive displays, product information, and data on customer behavior. One of the central drivers is the need for data-driven decision-making. Smart shelves collect valuable information on product popularity, inventory levels, and customer preferences. This data is analyzed to optimize inventory, pricing, and marketing strategies. In addition, the adoption of IoT technology and connectivity solutions has paved the way for the development and deployment of smart shelves. Moreover, smart shelves are not limited to retail; they have applications in healthcare for medical supply tracking and in libraries for automating book checkouts. Customizing and integrating smart shelves with existing systems further adds to their appeal. As businesses seek efficient operations, improved customer engagement, and cost-effective solutions, the demand for smart shelves will continue growing, especially as technology advances and consumers expect increasingly innovative and convenient shopping experiences.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of smart shelves. The growth and trends of smart shelves industry provide a holistic approach to this study.
This section of the smart shelves market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
By Enterprise Size
By Application
This section covers the regional outlook, which accentuates current and future demand for the Smart Shelves market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Smart Shelves market include Pricer AB, Trax Technology Solutions Pte Ltd., Avery Dennison Corporation, Samsung Electronics Ltd., E Ink Holdings, Honeywell International Inc, Happiest Minds, SOLUM Europe Gmbh, Sennco Solutions, Inc., MAGO S.A. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . SMART SHELVES – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Component
3.7.2 Market Attractiveness Analysis By Enterprise Size
3.7.3 Market Attractiveness Analysis By Application
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL SMART SHELVES MARKET ANALYSIS BY COMPONENT
5.1 Overview by Component
5.2 Historical and Forecast Data
5.3 Analysis by Component
5.4 Hardware Historic and Forecast Sales by Regions
5.5 Software Historic and Forecast Sales by Regions
5.6 Services Historic and Forecast Sales by Regions
6 . GLOBAL SMART SHELVES MARKET ANALYSIS BY ENTERPRISE SIZE
6.1 Overview by Enterprise Size
6.2 Historical and Forecast Data
6.3 Analysis by Enterprise Size
6.4 SMEs Historic and Forecast Sales by Regions
6.5 Large Enterprise Historic and Forecast Sales by Regions
7 . GLOBAL SMART SHELVES MARKET ANALYSIS BY APPLICATION
7.1 Overview by Applicat ...