How big is the Smart Shelf Market?

The Smart Shelf Market size is expected to reach USD 4.61 billion in 2024 and grow at a CAGR of 22.26% to reach USD 12.58 billion by 2029. Read More

What is the current Smart Shelf Market size?

In 2024, the Smart Shelf Market size is expected to reach USD 4.61 billion. Read More

Who are the key players in Smart Shelf Market?

Honeywell International Inc., Huawei Technologies Co. Ltd, Trax Technology Solutions, Samsung Electronics Co., Ltd. and Lenovo PCCW Solutions Limited are the major companies operating in the Smart Shelf Market. Read More

Which is the fastest growing region in Smart Shelf Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Shelf Market?

In 2024, the Europe accounts for the largest market share in Smart Shelf Market. Read More

What years does this Smart Shelf Market cover, and what was the market size in 2023?

In 2023, the Smart Shelf Market size was estimated at USD 3.58 billion. The report covers the Smart Shelf Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Shelf Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Shelf Market - Size, Share & Analysis

Smart Shelf Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Smart Shelf Market is Segmented by Component (Hardware (IoT Sensors, RFID Tags and Readers, Electronic Shelf Labels, Cameras), Software, Service), Application (Inventory Management, Pricing Management, Content Management, Planogram Management), and Geography (North America (US, Canada), Europe (UK, Germany, Italy, France, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia & New Zealand, Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), Middle East & Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Smart Shelf Industry Overview

The Smart Shelf Market is competitive in nature because of the presence of several global companies. Some of the key players are Avery Dennison Corporation, AWM Smart Shelf, Huawei Technologies Co. Ltd, Dreamztech Solutions Inc., E Ink Holdings Inc., Focal Systems Inc., Happiest Minds Technologies Limited, and many others. Key players in this market are introducing new innovative products and forming partnerships and collaborations to gain competitive advantages.

June 2023 - Bibliotheca has announced the global availability of smartShelf borrowing, an integrated intelligent return and lending solution for libraries across all sizes. SmartShelf borrow is a combination of intelligent return shelves and the power of self check to allow an instant recirculation of recently returned goods. Library users simply place returns on the shelf and technology does the rest – identifying the items, removing them from the user’s account, enabling security, and making them immediately available for borrowing through the integrated selfCheck self-service checkout solution.
April 2024 - Samsung Introduces Latest Home Appliance Lineup featuring Enhanced Connectivity and AI Capabilities at the ‘Welcome to BESPOKE AI’ Global Launch Event, where Samsung’s latest Bespoke AI appliances come with enhanced features and connectivity to lay the foundation for a truly smart home. Also, the new AI Home, a connected 7-inch LCD display that has been added to multiple products, provides intuitive, easy access and control over the whole connected ecosystem.