ResearchMoz.us includes new market research report " Global Smart Labels Market 2015-2019: Global Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 07/21/2015 -- A smart label, also known as a smart tag, lies under the conventional print-coated label and includes an antenna, chips, and bonded wires. Smart labels are made from fabric, plastic, or paper and are used as chip labels, printable labels, and electronic labels.
The smart label market is currently witnessing significant growth, and it is expected reach a CAGR of approximately 17% during the forecast period. Many industries in the developed countries have made a shift to smart labels from traditional paper labels. Approximately 67 million automotive, healthcare, and logistics companies around the world, primarily in Euro-America, Australia, Turkey, Japan, and Korea, are currently using smart labels in tracking of products.
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The major end-users of the global polymer-based TIM market are the following: computers, electrical and electronics, telecom, and automotive sectors.
This report covers the present scenario and the growth prospects of the global smart labels market for the period 2015-2019. To calculate the market size, the report has taken into consideration revenue generated from the sale of smart labels solutions in the global market. It also includes the market size in terms revenue.
Technavio's report, Global Smart Labels Market 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global smart labels market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Segmentation of the smart labels market by type:
RFID labels emerged as the largest contributor in revenues to the smart labels market. As per the forecast, this segment will continue to dominate the market with the growing demand for passive RFID tags, networking, and software solutions for many industries in the APAC region. This region is also expected to witness the fastest growth during the forecast period.
The electronic shelf label segment is also expected to witness rapid growth due to its high adoption in hypermarkets and supermarkets. The adoption of electronic shelf label technology offers benefits to retailers in terms of minimization of labor, price integrity, and optimization of inventory. This segment is expected to reach over $1 billion in revenue by 2019.
The electronic article surveillance label market is currently witnessing saturation of demand in the US and Western European market. The segment is likely to witness new technological advances and growing demand from emerging markets.
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Key questions answered in this report:
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space and what is their portfolio matrix?
What are the market opportunities and threats faced by the key vendors?
What is the competitive landscape as characterized by geography?
What are the strengths and weaknesses of the key vendors?
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