Electronic Shelf Label Market Share: Projected to Grow to USD 3.93 Billion by 2030, at a CAGR of 14.

Krajput14 Feb, 2025News

Electronic Shelf Label Market Projected to Reach USD 3.93 Billion by 2030, Driven by Retail Digitization Market Estimation & Definition The Electronic Shelf Label Market Share was valued at USD 1.56 billion in 2023 and is expected to grow significantly, reaching USD 3.93 billion by 2030. This growth represents a Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period from 2024 to 2030. ESLs are digital price tags used in retail environments to replace traditional paper labels. They leverage e-ink displays and wireless communication technology to provide real-time price updates and dynamic product information, significantly improving operational efficiency and customer experience.

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