The smart shelves technology is new in the market and is undergoing various deployment and implementation tests by retailers.

Large enterprises segment to account for a higher market share during the forecast periodīy organization size, the smart shelves market is segmented into SMEs and large enterprises.Large enterprises (or large-scale retail outlets such as supermarkets) are the early adopters and are the most significant contributors in generating revenue for the market. In retail as well, it has become essential to monitor and keep track of inventory, planogram, pricing and offers, and content management of the products in real-time, thereby has impacted the adoption of smart shelves as well. In-store execution, category analysis and planning, inventory optimization, price, promotion compliance, store monitoring and intelligence, and planogram monitoring are some of the prime instances of smart shelf software and solutions.ĬOVID-19 has increased the demand for software and solutions in retail in order to connect the physical environment to the remote server.COVID-19 pandemic has revolutionized digital technology and remote working principles. Software and solutions are essential tools and platforms, which are used to build connectivity between shelf components and the cloud servers and gateways. Software and solutions segment to grow at a higher CAGR during the forecast period However, privacy concerns related to inbuild data tags can hinder the growth. New York, Ma(GLOBE NEWSWIRE) - announces the release of the report 'Smart Shelves Market by Component, Application And Region - Global Forecast to 2026'.

Planogram small retail