Global Smart Label Market Overview, Trends, Growth, Size, Analysis & Forecast

Summary

Orbis Research Present’s Global Smart Label Market By Type (Electronic Article Surveillance label, RFID Label, Sensing Label and Dynamic Display Label), Tracking Applications (Equipment, Retail Inventory, Electronics and IT Asset, Perishable Goods and Others), End User industry, Geography, Trends, Forecasts (2017-2022)

Smart label is an item identification slip that contains more advanced technologies than conventional bar code data. The most common enhancements in smart labels are electronic article surveillance tags and specifically configured RFID tags. The growth of the smart label market is currently being hindered by a lack of constant standards and mechanical susceptibility. The growing technological propagation and amalgamation of smart label products with a vast kind of applications such as logistics, retail, manufacturing, and healthcare are the major factors driving the growth of the smart label market.

The smart label market is estimated to increase to USD 10.97 billion by 2022 at a CAGR of 14.04% over the period 2017 – 2022. Removing the burden of using multiple technologies and a lot of security against theft and counterfeiting are the key drivers which are making the smart label market grow lucratively.

The global smart label market is segmented on the basis of type (electronic article surveillance label, RFID label, sensing label and dynamic display label), tracking application (equipment, retail inventory, electronics & IT asset, perishable goods and others), industry usage (aerospace, food & beverage, healthcare & pharmaceutical, logistics, retail, manufacturing and others) and geography (North America, Europe, Asia-Pacific and rest of the world).

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This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis.

The report also considers key trends that will impact the industry and profiles over ten leading suppliers of smart label market. Some of the top companies mentioned in the report are Alien Technology, Inc. (U.S.), Invengo Information Technology Co., Ltd. (China), Muhlbauer Holding AG & Co. KGA.(Germany), SMARTRAC N.V. (Netherlands), Thin Film Electronics ASA (Norway), and Zebra Technologies (U.S.).

DRIVERS

  • A lot of security against theft and counterfeiting
  • Removes the burden of using multiple technologies
  • Smart labels are very reliable

RESTRAINTS

  • Dearth of constant standards
  • Mechanical susceptibility

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What the report offers

  • Market definition for the smart label along with identification of key drivers and restraints for the market.
  • Market analysis for the global smart label market, with region-specific assessments and competition analysis on a global and regional scale.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
  • Identification and analysis of the macro and micro factors that affect the smart label market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Major Points Covered in Global Smart Label Market Report:

  • Introduction
  • Research Methodology
  • Market Overview
  • Smart Label Market Breakdown by Type Market Share, Forecast
  • Smart Label Market by Tracking Application Market Share, Forecast
  • Smart Label Market by End-User Industry Market Share, Forecast
  • Smart Label Market by Region
  • Investment Analysis
  • Future Outlook of Smart Label Market

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