Lucintel's latest market report analyzed that smart shelve provides attractive opportunities in the planogram management, inventory management, pricing management, and content management. The smart shelve market is expected to reach $XX billion by 2028 with a CAGR of 22% to 24%. In this market, Inventory management is the largest segment by application, whereas software and solutions is expected to grow at a higher CAGR in component sector.
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Based on application, the smart shelve market is segmented into planogram management, inventory management, pricing management, content management, and others. The Inventory management segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing demand for inventory surveillance stock shelve that will keep track of low stock cases, theft, and disarrangements.
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The Smart Shelve Market is marked by the presence of several big and small players. Some of the prominent players offering smart shelve include SES-Imagotag, Pricer, Trax, Avery Dennison, Samsung, E Ink, Intel, Huawei, Honeywell, Solum, NEXCOM, DreamzTech Solutions, and Sennco.
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