With the increasing competition in the retail sector, many retailers are adopting automated solutions to gain an edge over their rivals. Moreover, the various complexities associated with managing large retail stores and warehouses are augmenting the requirement for smart automated solutions in the retail sector. This is because these solutions were extensively adopted by hypermarkets for increasing their productivity and efficiency.

Additionally, these systems enable centralized control which leads to time saving and reliability and also makes the installation of updates easy and hassle-free. Furthermore, ESL systems also enable better and effective warehouse and inventory management, omnichannel efficiency, and physical store management efficiency, which, in turn, makes the work of retailers easy.

Besides, the adoption of these automated systems allows retailers to save time, costs, and efforts in managing the retail store. In addition, these systems improve the delivery and service scheduling processes and enable consistent process execution and the display of product information, thereby improving the customer experience. The electronic shelf label (ESL) system is one such automated system which provides flexibility and accuracy in store operations.

Due to the above-mentioned factors, the revenue of the global electronic shelf label market is set to increase massively in the years to come. Supermarkets, hypermarkets, specialty stores, and non-food retail shops are the major end users of these systems. The existence of numerous hypermarkets in Europe and North America has fueled the demand for these solutions in these regions.

This market research report provides a comprehensive overview of the market

* The Future potential of the market through its forecast for the period 2020– 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings