Smart Label Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Component (Transceivers, Batteries, Microprocessor, and Memories); Technology (Electronic Article Surveillance Labels (EAS), RFID Labels, Sensing Labels, Electronic Shelf/Dynamic Display Labels, and Near Field Communication (NFC) Tags); Tracking Application (Retail Inventory, Electronic & IT Assets, Equipment, and Pallets Tracking); and End Users (Healthcare & Pharmaceuticals, Automotive, Retail, FMCG, Logistics, and Food & Beverages)
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Smart Labels are used to provide instantaneous details about the particular product used by various end users such as healthcare, manufacturing, automotive, logistics among others. These labels helps the end user for providing real time information about the product and it can also be used for checking the authenticity of the product. The major driver of the smart label market is its reliability and easy real time tracking of the product details which will drive the market in the forecast period.
The factor that can act as a restraint in the growth of the market is the low susceptibility of labels and high initial costs is expected to hamper the smart label market. However, the increasing demand of safety and tracking the details of particular assets by end users such as logistics, healthcare, automotive among others will create new opportunities in the market of smart label in the forecast period.
The "Global Smart Label Market Analysis to 2028" is a specialized and in-depth study of the smart label industry with a focus on the global market trend. The report aims to provide an overview of global smart label market with detailed market segmentation by component, technology, tracking application, end users and geography. The global smart label market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart label market based on component, technology, tracking application, and end users. It also provides market size and forecast till 2028 for overall smart label market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 15 countries globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key smart label market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Zebra Technologies Corporation, Sato Holdings Corporation, Avery Dennison Corporation, Alien Technology, Inc., Intermec Inc., Checkpoint Systems, Inc., Invengo Information Technology Co. Ltd, Smartrac N.V., Muhlbauer Holding AG & Co. Ltd, and Graphic Label, Inc.