What are electronic shelf labels (ESLs)?
ESLs are digital displays that replace traditional paper price tags. Retailers can update prices and product information electronically.
Why are ESLs becoming increasingly popular?
ESLs offer benefits like reduced labor costs, improved pricing accuracy, and enhanced customer experience, leading to market growth.
What is the biggest challenge facing the ESL market?
Regulatory compliance can be challenging for retailers, especially in areas like data privacy and product labeling.
How is Asia Pacific leading the ESL market?
The Asia Pacific region holds the largest market share due to factors like a booming retail industry and government initiatives promoting new technologies.