|By Business Wire||
|May 27, 2014 06:07 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/6pxxh3/global_electronic) has announced the addition of the "Global Electronic Shelf Labels Market Report 2014: iMAGOTAG, Pricer AB, Store Electronic System & Wincor Nixdorf to Dominate to 2018" report to their offering.
The Global Electronic Shelf Labels market to grow at a CAGR of 18% to 2018.
One major driver is a reduction in labor costs. ESLs provide a solution to the rising labor cost issue faced by many retailers across the world. They also help retailers reduce manual errors.
ESLs can be used to reduce the cost of printing labels and save staff time. Apart from their cost savings ability, they also have the potential to increase revenue and profitability for retailers. For instance, ESLs allow for the constant update of product prices during time of day offers, where the offers change with the types of shoppers visiting the store. Another example is the ability of retailers to perform dynamic pricing on certain products, such as fruit, based on stock levels or even weather conditions. Therefore, the increasing demand for ESLs by retail stores is expected to fuel the growth of the Global ESL market during the forecast period.
Further, the report states that vendors compete against each other to gain more market share, and this increasing vendor competition is a major challenge for market growth.
Key vendors dominating this space are
- iMAGOTAG GmbH
- Pricer AB
- Store Electronic System SA
- Wincor Nixdorf International GmbH.
Other vendors mentioned in the report are
- Altierre Corp.
- Antiope Associates LLC
- Advantech US Inc.
- Displaydata Ltd.
- Genitop Research Co. Ltd
- Herbert Retail Ltd.
- ILID Pty Ltd.
- METRA BLANSKO a.s.
- Mirador Marketing Pty Ltd.
- Opticon Inc.
- Tagnetics Inc.
- Teraoka Seiko Co. Ltd.
- TOSHIBA Global Commerce Solutions Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Global ESL Market Penetration
- Market Segmentation by Types of Retail Stores
- Market Segmentation by Wireless Solution
- Market Segmentation by Distribution Channel
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/6pxxh3/global_electronic
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