Smart Label Market (EAS, RFID, Sensing, & ESL) Worth $10 Billion by 2020 - New Report by MarketsandMarkets
(PRWEB) January 15, 2015 -- The report "Smart Label Market by Type (EAS, RFID, Sensing, & ESL), Tracking Application, Industry (Aerospace, Data Centre & Library, Food & Beverage, Healthcare & Pharmaceutical, Logistics, Manufacturing, & Retail) & Geography - Analysis & Forecast to 2014 - 2020", defines and segments the Smart Label Market into various segments. This report also provides an in-depth analysis and forecasting of global market size. This report identifies the key driving factors, restraints, challenges, and opportunities which are impacting this market and shaping the future roadmap.
Browse more than 74 market data Tables and 76 Figures spread through 200 Pages and in-depth TOC on "Smart Label Market- Analysis & Forecast to 2014 - 2020".
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Early buyers will receive 10% customization on this report.
The Smart Label Market entails a great potential across various applications. This market is expected to become a dominant technology in the supply chain industry. The increasing demand for reliable anti-theft devices plays a vital role for the growth of this market. Smart labels provide various advantages of simultaneous identification, being reprogrammable and reliable, and real time tracking; which serves as a prominent advantage for its growth in logistics and related industries.
This report describes the market trends, drivers, and challenges with respect to the Smart Label Market and forecasts the market up to 2020. This global report gives a detailed view of the market across the four geographies, namely - Americas, Europe, Asia-Pacific, and RoW. The Americas is the largest geography in terms of the market value, this is mainly due to extensive use of smart labels in retail and logistics industries of U.S. Asia-Pacific has been identified as the fastest growing region, with countries like China, Japan, Korea and India leading the way, while the Europe is also among the major regions that are helping in the growth of this market. The report profiles the 11 most promising players in the smart label market.
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The smart label market, in terms of value, is estimated to reach $10 Billion by 2020 with an estimated CAGR of around 15% from 2014 to 2020, which includes an in-depth analysis of the applications, industries and geography.
The competitive landscape of the market presents a very interesting picture, wherein the market players from different blocks of the smart label value chain has got together to become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with a number of tier-one players around the globe
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The report also presents the market dynamics such as the drivers, restraints, and opportunities. Apart from the in-depth view on market segmentation on the basis of components, applications, and geographies, the report also includes the critical market data and qualitative information for each type; along with the qualitative analysis, such as the Porter’s five force analysis, value chain analysis, supply chain, and market crackdown analysis. The smart label market is expected to reach around $10 billion by 2020, at a CAGR of nearly 15% from 2014 to 2020.
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