The Latin America, Middle East and Africa Smart Shelves Market would witness market growth of 24.5% CAGR during the forecast period (2021-2027).
RFID technology (such as RFID readers, RFID tags, and antennas) is deployed by smart shelves with an aim to automatically monitor inventory in retail stores. Also, weight sensors are deployed by smart shelves that are implemented within shelves or below them. The sensors are utilized in order to monitor the amount of inventory remaining on the shelves. Using smart shelves, retailers can keep an eye on inventory levels and identify when an item is out of stock. Retailers can be notified using smart shelf technology about the theft of goods.
Shelves are highly integrated with sensors with an aim for retail intelligence regarding planogram compliance, product inventory, and customer behavior. A few of the passive sensors just gather information, while other active lift-and-learn sensor systems can respond in real-time with applications, media, and messaging. Since smart shelves gather information about how many times a customer picks up a product versus how many sales happen, this offers retailers with beneficial insights and assists them in optimizing store assortment. As the products on the shelves are marked with RFID tags, this can assist retailers in managing and monitoring inventory and notify staff if shelves are empty, require restocking or products are being missed. Based on the complications of shelves, a few may offer exhaustive information regarding the product and have electronic labels that help in adjusting the cost in the store. Just think about going into our favorite jeans store and being presented with data like materials it is prepared from, its origin, and utilization instructions.
The Hardware market dominated the South Africa Smart Shelves Market by Component 2020, thereby, achieving a market value of $37.7 million by 2027. The Software market is experiencing a CAGR of 26.2% during (2021 - 2027). Additionally, The Services market is expected to witness a CAGR of 26.9% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Software and Services. Hardware Segment is further bifurcated across RFID Tags & Readers, Cameras, Digital Displays, Electronic Shelf Labels, IoT Sensors and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Inventory Management, Pricing Management, Content Management, Planogram Management and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Smart Shelves Market is Predict to reach $7.8 Billion by 2027, at a CAGR of 22.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Intel Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Avery Dennison Corporation, BOE Technology Group Co., Ltd. (SES-Imagotag), E Ink Holdings, Inc. (YFY, Inc.), Pricer AB, Trax Technology Solutions Pte. Ltd., and Nexcom International Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- RFID Tags & Readers
- Cameras
- Digital Displays
- Electronic Shelf Labels
- IoT Sensors
- Others
- Software
- Services
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Application
- Inventory Management
- Pricing Management
- Content Management
- Planogram Management
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Intel Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Avery Dennison Corporation
- BOE Technology Group Co., Ltd. (SES-Imagotag)
- E Ink Holdings, Inc. (YFY, Inc.)
- Pricer AB
- Trax Technology Solutions Pte. Ltd.
- Nexcom International Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Smart Shelves Market, by Component
1.4.2 LAMEA Smart Shelves Market, by Organization Size
1.4.3 LAMEA Smart Shelves Market, by Application
1.4.4 LAMEA Smart Shelves Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan – 2021, Feb) Leading Players
Chapter 4. LAMEA Smart Shelves Market by Organization Size
4.1 LAMEA Smart Shelves Large Enterprises Market by Country
4.2 LAMEA Smart Shelves Small & Medium Enterprises Market by Country
Chapter 5. LAMEA Smart Shelves Market by Application
5.1 LAMEA Inventory Management Smart Shelves Market by Country
5.2 LAMEA Pricing Management Smart Shelves Market by Country
5.3 LAMEA Content Management Smart Shelves Market by Country
5.4 LAMEA Planogram Management Smart Shelves Market by Country
5.5 LAMEA Other Application Smart Shelves Market by Country
Chapter 6. LAMEA Smart Shelves Market by Component
6.1 LAMEA Smart Shelves Hardware Market by Country
6.2 LAMEA Smart Shelves Market by Hardware Type
6.2.1 LAMEA RFID Tags & Readers Smart Shelves Market by Country
6.2.2 LAMEA Cameras Smart Shelves Market by Country
6.2.3 LAMEA Digital Displays Smart Shelves Market by Country
6.2.4 LAMEA Electronic Shelf Labels Smart Shelves Market by Country
6.2.5 LAMEA IoT Sensors Smart Shelves Market by Country
6.2.6 LAMEA Others Smart Shelves Market by Country
6.3 LAMEA Smart Shelves Software Market by Country
6.4 LAMEA Smart Shelves Services Market by Country
Chapter 7. LAMEA Smart Shelves Market by Country
7.1 Brazil Smart Shelves Market
7.1.1 Brazil Smart Shelves Market by Organization Size
7.1.2 Brazil Smart Shelves Market by Application
7.1.3 Brazil Smart Shelves Market by Component
7.1.3.1 Brazil Smart Shelves Market by Hardware Type
7.2 Argentina Smart Shelves Market
7.2.1 Argentina Smart Shelves Market by Organization Size
7.2.2 Argentina Smart Shelves Market by Application
7.2.3 Argentina Smart Shelves Market by Component
7.2.3.1 Argentina Smart Shelves Market by Hardware Type
7.3 UAE Smart Shelves Market
7.3.1 UAE Smart Shelves Market by Organization Size
7.3.2 UAE Smart Shelves Market by Application
7.3.3 UAE Smart Shelves Market by Component
7.3.3.1 UAE Smart Shelves Market by Hardware Type
7.4 Saudi Arabia Smart Shelves Market
7.4.1 Saudi Arabia Smart Shelves Market by Organization Size
7.4.2 Saudi Arabia Smart Shelves Market by Application
7.4.3 Saudi Arabia Smart Shelves Market by Component
7.4.3.1 Saudi Arabia Smart Shelves Market by Hardware Type
7.5 South Africa Smart Shelves Market
7.5.1 South Africa Smart Shelves Market by Organization Size
7.5.2 South Africa Smart Shelves Market by Application
7.5.3 South Africa Smart Shelves Market by Component
7.5.3.1 South Africa Smart Shelves Market by Hardware Type
7.6 Nigeria Smart Shelves Market
7.6.1 Nigeria Smart Shelves Market by Organization Size
7.6.2 Nigeria Smart Shelves Market by Application
7.6.3 Nigeria Smart Shelves Market by Component
7.6.3.1 Nigeria Smart Shelves Market by Hardware Type
7.7 Rest of LAMEA Smart Shelves Market
7.7.1 Rest of LAMEA Smart Shelves Market by Organization Size
7.7.2 Rest of LAMEA Smart Shelves Market by Application
7.7.3 Rest of LAMEA Smart Shelves Market by Component
7.7.3.1 Rest of LAMEA Smart Shelves Market by Hardware Type
Chapter 8. Company Profiles
8.1 Honeywell International, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.3 Intel Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Samsung Electronics Co., Ltd. (Samsung Group)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Avery Dennison Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Geographical Expansions:
8.6 BOE Technology Group Co., Ltd. (SES-Imagotag)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Recent strategies and developments:
8.6.3.1 Partnerships, Collaborations, and Agreements:
8.7 E Ink Holdings, Inc. (YFY, Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental And Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 Pricer AB
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.9 Trax Technology Solutions Pte. Ltd.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.2.2 Product Launches and Product Expansions:
8.9.2.3 Acquisition and Mergers:
8.10. Nexcom International Co., Ltd.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
TABLE 1 LAMEA Smart Shelves Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Smart Shelves Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Shelves Market
TABLE 4 Product Launches And Product Expansions– Smart Shelves Market
TABLE 5 Geographical Expansions– Smart Shelves Market
TABLE 6 Acquisition and Mergers– Smart Shelves Market
TABLE 7 LAMEA Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 8 LAMEA Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 9 LAMEA Smart Shelves Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Smart Shelves Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Smart Shelves Small & Medium Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Smart Shelves Small & Medium Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 14 LAMEA Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 15 LAMEA Inventory Management Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Inventory Management Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Pricing Management Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Pricing Management Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Content Management Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Content Management Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Planogram Management Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Planogram Management Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Other Application Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Other Application Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 26 LAMEA Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 27 LAMEA Smart Shelves Hardware Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Smart Shelves Hardware Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 30 LAMEA Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 31 LAMEA RFID Tags & Readers Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 32 LAMEA RFID Tags & Readers Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 33 LAMEA Cameras Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 34 LAMEA Cameras Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 35 LAMEA Digital Displays Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Digital Displays Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Electronic Shelf Labels Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 38 LAMEA Electronic Shelf Labels Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 39 LAMEA IoT Sensors Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA IoT Sensors Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Others Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Others Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Smart Shelves Software Market by Country, 2017 - 2020, USD Million
TABLE 44 LAMEA Smart Shelves Software Market by Country, 2021 - 2027, USD Million
TABLE 45 LAMEA Smart Shelves Services Market by Country, 2017 - 2020, USD Million
TABLE 46 LAMEA Smart Shelves Services Market by Country, 2021 - 2027, USD Million
TABLE 47 LAMEA Smart Shelves Market by Country, 2017 - 2020, USD Million
TABLE 48 LAMEA Smart Shelves Market by Country, 2021 - 2027, USD Million
TABLE 49 Brazil Smart Shelves Market, 2017 - 2020, USD Million
TABLE 50 Brazil Smart Shelves Market, 2021 - 2027, USD Million
TABLE 51 Brazil Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 52 Brazil Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 53 Brazil Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 54 Brazil Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 55 Brazil Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 56 Brazil Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 57 Brazil Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 58 Brazil Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 59 Argentina Smart Shelves Market, 2017 - 2020, USD Million
TABLE 60 Argentina Smart Shelves Market, 2021 - 2027, USD Million
TABLE 61 Argentina Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 62 Argentina Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 63 Argentina Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 64 Argentina Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 65 Argentina Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 66 Argentina Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 67 Argentina Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 68 Argentina Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 69 UAE Smart Shelves Market, 2017 - 2020, USD Million
TABLE 70 UAE Smart Shelves Market, 2021 - 2027, USD Million
TABLE 71 UAE Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 72 UAE Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 73 UAE Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 74 UAE Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 75 UAE Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 76 UAE Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 77 UAE Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 78 UAE Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 79 Saudi Arabia Smart Shelves Market, 2017 - 2020, USD Million
TABLE 80 Saudi Arabia Smart Shelves Market, 2021 - 2027, USD Million
TABLE 81 Saudi Arabia Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 82 Saudi Arabia Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 83 Saudi Arabia Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 84 Saudi Arabia Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 85 Saudi Arabia Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 86 Saudi Arabia Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 87 Saudi Arabia Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 88 Saudi Arabia Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 89 South Africa Smart Shelves Market, 2017 - 2020, USD Million
TABLE 90 South Africa Smart Shelves Market, 2021 - 2027, USD Million
TABLE 91 South Africa Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 92 South Africa Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 93 South Africa Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 94 South Africa Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 95 South Africa Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 96 South Africa Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 97 South Africa Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 98 South Africa Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 99 Nigeria Smart Shelves Market, 2017 - 2020, USD Million
TABLE 100 Nigeria Smart Shelves Market, 2021 - 2027, USD Million
TABLE 101 Nigeria Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 102 Nigeria Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 103 Nigeria Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 104 Nigeria Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 105 Nigeria Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 106 Nigeria Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 107 Nigeria Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 108 Nigeria Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 109 Rest of LAMEA Smart Shelves Market, 2017 - 2020, USD Million
TABLE 110 Rest of LAMEA Smart Shelves Market, 2021 - 2027, USD Million
TABLE 111 Rest of LAMEA Smart Shelves Market by Organization Size, 2017 - 2020, USD Million
TABLE 112 Rest of LAMEA Smart Shelves Market by Organization Size, 2021 - 2027, USD Million
TABLE 113 Rest of LAMEA Smart Shelves Market by Application, 2017 - 2020, USD Million
TABLE 114 Rest of LAMEA Smart Shelves Market by Application, 2021 - 2027, USD Million
TABLE 115 Rest of LAMEA Smart Shelves Market by Component, 2017 - 2020, USD Million
TABLE 116 Rest of LAMEA Smart Shelves Market by Component, 2021 - 2027, USD Million
TABLE 117 Rest of LAMEA Smart Shelves Market by Hardware Type, 2017 - 2020, USD Million
TABLE 118 Rest of LAMEA Smart Shelves Market by Hardware Type, 2021 - 2027, USD Million
TABLE 119 Key information – Honeywell International, Inc.
TABLE 120 key information – Huawei Technologies Co., Ltd.
TABLE 121 Key Information – Intel Corporation
TABLE 122 Key Information –Samsung Electronics Co., Ltd.
TABLE 123 Key Information – Avery Dennison Corporation
TABLE 124 Key Information – BOE Technology Group Co., Ltd.
TABLE 125 Key Information – E Ink Holdings, Inc.
TABLE 126 key information – Pricer AB
TABLE 127 Key Information – Trax Technology Solutions Pte. Ltd.
TABLE 128 Key Information – Nexcom International Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan – 2021, Feb) Leading Players
FIG 5 Recent strategies and developments: Honeywell International, Inc.
FIG 6 Swot analysis: Honeywell international, inc.
FIG 7 SWOT analysis: Intel corporation
FIG 8 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 9 Recent strategies and developments: Pricer AB
FIG 10 Recent strategies and developments: Trax Technology Solutions Pte. Ltd.