The Latin America, Middle East and Africa Electronic Shelf Labels Market should witness market growth of 19.4% CAGR during the forecast period (2022-2028).
The market for electronic shelf labels will have significant development prospects thanks to the developing Internet of Things (IoT) sector. Sensors, actuators, electronics, software, and communication technologies with various standards and applications make up the Internet of Things (IoT). In addition, ioT technology allows seamless device connectivity, enabling effective server-based central management.
Big market merchants may use the advantages provided by IoT-based ESLs to quickly and effectively modify the product price across a chain of shops in various locations by employing a single piece of software. The worldwide e-commerce market's expansion will help IoT-based ESLs become more widespread. Online merchants often use IoT-enabled ESLs to synchronize product pricing across e-commerce platforms and storefronts.
The government of the United Arab Emirates, which is the most developed country in this field, places a strong emphasis on the utilization of cutting-edge technological solutions in order to improve the whole retail infrastructure of the country. The region surrounding the Gulf has seen significant expansion in terms of infrastructure, and year after year, the rate of the rapid growth of commercial infrastructures continues to increase rapidly. Due to the fact that these nations place a considerable emphasis on tourism, their commercial infrastructure plays an extremely important role in the overall economy. These elements would support the growth of the regional market.
The Brazil market dominated the LAMEA Electronic Shelf Labels Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $62.5 Million by 2028. The Argentina market is experiencing a CAGR of 20% during (2022-2028). Additionally, The UAE market would display a CAGR of 19% during (2022-2028).
Based on Component, the market is segmented into Display, Microprocessors, Batteries, Transceivers and Others. Based on Product Type, the market is segmented into Fully Graphic E-paper Displays, LCDs and Segmented E-paper Displays. Based on Communications Technology, the market is segmented into Radio Frequency, Infrared, Near-field Communication and Others. Based on Application, the market is segmented into Retail and Industrial. Based on Display Size, the market is segmented into Less than 3 Inches, 3 to 7 Inches, 7 to 10 Inches and More than 10 Inches. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SES-Imagotag (BOE Technology Group Co., Ltd.), Opticon Sensors Europe B.V., Pricer AB, Displaydata Limited, M2Comm, Rainus Co., Ltd., Shanghai Sunmi Technology Co., Ltd., Hanshow Technology Co. Ltd., Solum Co., Ltd, and Teraoka Seika Co., Ltd.
The market for electronic shelf labels will have significant development prospects thanks to the developing Internet of Things (IoT) sector. Sensors, actuators, electronics, software, and communication technologies with various standards and applications make up the Internet of Things (IoT). In addition, ioT technology allows seamless device connectivity, enabling effective server-based central management.
Big market merchants may use the advantages provided by IoT-based ESLs to quickly and effectively modify the product price across a chain of shops in various locations by employing a single piece of software. The worldwide e-commerce market's expansion will help IoT-based ESLs become more widespread. Online merchants often use IoT-enabled ESLs to synchronize product pricing across e-commerce platforms and storefronts.
The government of the United Arab Emirates, which is the most developed country in this field, places a strong emphasis on the utilization of cutting-edge technological solutions in order to improve the whole retail infrastructure of the country. The region surrounding the Gulf has seen significant expansion in terms of infrastructure, and year after year, the rate of the rapid growth of commercial infrastructures continues to increase rapidly. Due to the fact that these nations place a considerable emphasis on tourism, their commercial infrastructure plays an extremely important role in the overall economy. These elements would support the growth of the regional market.
The Brazil market dominated the LAMEA Electronic Shelf Labels Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $62.5 Million by 2028. The Argentina market is experiencing a CAGR of 20% during (2022-2028). Additionally, The UAE market would display a CAGR of 19% during (2022-2028).
Based on Component, the market is segmented into Display, Microprocessors, Batteries, Transceivers and Others. Based on Product Type, the market is segmented into Fully Graphic E-paper Displays, LCDs and Segmented E-paper Displays. Based on Communications Technology, the market is segmented into Radio Frequency, Infrared, Near-field Communication and Others. Based on Application, the market is segmented into Retail and Industrial. Based on Display Size, the market is segmented into Less than 3 Inches, 3 to 7 Inches, 7 to 10 Inches and More than 10 Inches. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SES-Imagotag (BOE Technology Group Co., Ltd.), Opticon Sensors Europe B.V., Pricer AB, Displaydata Limited, M2Comm, Rainus Co., Ltd., Shanghai Sunmi Technology Co., Ltd., Hanshow Technology Co. Ltd., Solum Co., Ltd, and Teraoka Seika Co., Ltd.
Scope of the Study
By Component
- Display
- Microprocessors
- Batteries
- Transceivers
- Others
By Product Type
- Fully Graphic E-paper Displays
- LCDs
- Segmented E-paper Displays
By Communications Technology
- Radio Frequency
- Infrared
- Near-field Communication
- Others
By Application
- Retail
- Industrial
By Display Size
- Less than 3 Inches
- 3 to 7 Inches
- 7 to 10 Inches
- More than 10 Inches
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- SES-Imagotag (BOE Technology Group Co., Ltd.)
- Opticon Sensors Europe B.V.
- Pricer AB
- Displaydata Limited
- M2Comm
- Rainus Co., Ltd.
- Shanghai Sunmi Technology Co., Ltd.
- Hanshow Technology Co. Ltd.
- Solum Co., Ltd
- Teraoka Seika Co., Ltd.
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Electronic Shelf Labels Market, by Component
1.4.2 LAMEA Electronic Shelf Labels Market, by Product Type
1.4.3 LAMEA Electronic Shelf Labels Market, by Communications Technology
1.4.4 LAMEA Electronic Shelf Labels Market, by Application
1.4.5 LAMEA Electronic Shelf Labels Market, by Display Size
1.4.6 LAMEA Electronic Shelf Labels Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Electronic Shelf Labels Market
Chapter 4. LAMEA Electronic Shelf Labels Market by Component
4.1 LAMEA Display Market by Country
4.2 LAMEA Microprocessors Market by Country
4.3 LAMEA Batteries Market by Country
4.4 LAMEA Transceivers Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Electronic Shelf Labels Market by Product Type
5.1 LAMEA Fully Graphic E-paper Displays Market by Country
5.2 LAMEA LCDs Market by Country
5.3 LAMEA Segmented E-paper Displays Market by Country
Chapter 6. LAMEA Electronic Shelf Labels Market by Communications Technology
6.1 LAMEA Radio Frequency Market by Country
6.2 LAMEA Infrared Market by Country
6.3 LAMEA Near-field Communication Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Electronic Shelf Labels Market by Application
7.1 LAMEA Retail Market by Country
7.2 LAMEA Industrial Market by Country
Chapter 8. LAMEA Electronic Shelf Labels Market by Display Size
8.1 LAMEA Less than 3 Inches Market by Country
8.2 LAMEA 3 to 7 Inches Market by Country
8.3 LAMEA 7 to 10 Inches Market by Country
8.4 LAMEA More than 10 Inches Market by Country
Chapter 9. LAMEA Electronic Shelf Labels Market by Country
9.1 Brazil Electronic Shelf Labels Market
9.1.1 Brazil Electronic Shelf Labels Market by Component
9.1.2 Brazil Electronic Shelf Labels Market by Product Type
9.1.3 Brazil Electronic Shelf Labels Market by Communications Technology
9.1.4 Brazil Electronic Shelf Labels Market by Application
9.1.5 Brazil Electronic Shelf Labels Market by Display Size
9.2 Argentina Electronic Shelf Labels Market
9.2.1 Argentina Electronic Shelf Labels Market by Component
9.2.2 Argentina Electronic Shelf Labels Market by Product Type
9.2.3 Argentina Electronic Shelf Labels Market by Communications Technology
9.2.4 Argentina Electronic Shelf Labels Market by Application
9.2.5 Argentina Electronic Shelf Labels Market by Display Size
9.3 UAE Electronic Shelf Labels Market
9.3.1 UAE Electronic Shelf Labels Market by Component
9.3.2 UAE Electronic Shelf Labels Market by Product Type
9.3.3 UAE Electronic Shelf Labels Market by Communications Technology
9.3.4 UAE Electronic Shelf Labels Market by Application
9.3.5 UAE Electronic Shelf Labels Market by Display Size
9.4 Saudi Arabia Electronic Shelf Labels Market
9.4.1 Saudi Arabia Electronic Shelf Labels Market by Component
9.4.2 Saudi Arabia Electronic Shelf Labels Market by Product Type
9.4.3 Saudi Arabia Electronic Shelf Labels Market by Communications Technology
9.4.4 Saudi Arabia Electronic Shelf Labels Market by Application
9.4.5 Saudi Arabia Electronic Shelf Labels Market by Display Size
9.5 South Africa Electronic Shelf Labels Market
9.5.1 South Africa Electronic Shelf Labels Market by Component
9.5.2 South Africa Electronic Shelf Labels Market by Product Type
9.5.3 South Africa Electronic Shelf Labels Market by Communications Technology
9.5.4 South Africa Electronic Shelf Labels Market by Application
9.5.5 South Africa Electronic Shelf Labels Market by Display Size
9.6 Nigeria Electronic Shelf Labels Market
9.6.1 Nigeria Electronic Shelf Labels Market by Component
9.6.2 Nigeria Electronic Shelf Labels Market by Product Type
9.6.3 Nigeria Electronic Shelf Labels Market by Communications Technology
9.6.4 Nigeria Electronic Shelf Labels Market by Application
9.6.5 Nigeria Electronic Shelf Labels Market by Display Size
9.7 Rest of LAMEA Electronic Shelf Labels Market
9.7.1 Rest of LAMEA Electronic Shelf Labels Market by Component
9.7.2 Rest of LAMEA Electronic Shelf Labels Market by Product Type
9.7.3 Rest of LAMEA Electronic Shelf Labels Market by Communications Technology
9.7.4 Rest of LAMEA Electronic Shelf Labels Market by Application
9.7.5 Rest of LAMEA Electronic Shelf Labels Market by Display Size
Chapter 10. Company Profiles
10.1 SES-Imagotag (BOE Technology Group Co., Ltd.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Partnerships, Collaborations, and Agreements:
10.1.4.2 Product Launches and Product Expansions:
10.2 Opticon Sensors Europe B.V.
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.3 Pricer AB
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.4 Displaydata Limited
10.4.1 Company Overview
10.4.2 Recent strategies and developments:
10.4.2.1 Product Launches and Product Expansions:
10.5 M2Comm
10.5.1 Company Overview
10.6 RAINUS Co., Ltd.
10.6.1 Company Overview
10.7 Shanghai Sunmi Technology Co., Ltd
10.7.1 Company Overview
10.8 Hanshow Technology Co. Ltd
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Product Launches and Product Expansions:
10.9 Solum Co., Ltd
10.9.1 Company Overview
10.10. Teraoka Seika Co., Ltd.
10.10.1 Company Overview
Companies Mentioned
- SES-Imagotag (BOE Technology Group Co., Ltd.)
- Opticon Sensors Europe B.V.
- Pricer AB
- Displaydata Limited
- M2Comm
- Rainus Co., Ltd.
- Shanghai Sunmi Technology Co., Ltd.
- Hanshow Technology Co. Ltd.
- Solum Co., Ltd
- Teraoka Seika Co., Ltd.
Methodology
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