South Korea Electronic Shelf Label Market Size & Outlook
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South Korea electronic shelf label market highlights
- The South Korea electronic shelf label market generated a revenue of USD 56.5 million in 2025 and is expected to reach USD 149.4 million by 2033.
- The South Korea market is expected to grow at a CAGR of 13.2% from 2026 to 2033.
- In terms of segment, displays was the largest revenue generating component in 2025.
- Displays is the most lucrative component segment registering the fastest growth during the forecast period.
Electronic shelf label market data book summary
| Market revenue in 2025 | USD 56.5 million |
| Market revenue in 2033 | USD 149.4 million |
| Growth rate | 13.2% (CAGR from 2026 to 2033) |
| Largest segment | Displays |
| Fastest growing segment | Displays |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Displays, Batteries, Transceivers, Microprocessors |
| Key market players worldwide | BOE Technology Group, Hangzhou ZKONG Network Co., Solum, Pricer AB Class B, Essae-teraoka, Displaydata, Opticon, RAINUS, Sunmi Technology, ComQi, Hanshow Technology, SUNLUX IOT Technology, Minewtag, Minew, Ynvisible Interactive, Delfi Ltd, InfoTek |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global electronic shelf label market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China electronic shelf label market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 289.7 million by 2033.
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Electronic Shelf Label Market Scope
Electronic Shelf Label Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| InfoTek | View profile | 11-50 | Hanover, Maryland, United States, North America | http://infotekcorp.com |
| Ynvisible Interactive | View profile | 11-50 | Vancouver, Alberta, Canada, North America | http://www.ynvisible.com |
| Minew | View profile | 251-500 | Shenzhen, Guangdong, China, Asia | https://www.minew.com/ |
| Minewtag | View profile | 101-250 | Shenzhen, Guangdong, China, Asia | https://www.minewtag.com |
| SUNLUX IOT Technology | View profile | 251-500 | Guangzhou, Guangdong, China, Asia | https://www.xl-scan.com |
| Hanshow Technology | View profile | 101-250 | Jiaxing, Zhejiang, China, Asia | https://www.hanshow.com/ |
| ComQi | View profile | 51-100 | New York, New York, United States, North America | http://www.comqi.com |
| Sunmi Technology | View profile | 501-1000 | Shanghai, Shanghai, China, Asia | http://www.sunmi.com |
| RAINUS | View profile | 101-250 | Seongnam, Kyonggi-do, South Korea, Asia | http://www.rainus.co.kr |
| Opticon | View profile | 51-100 | Hoofddorp, Noord-Holland, The Netherlands, Europe | http://www.opticon.com |
| Displaydata | View profile | 51-100 | Bracknell, Bracknell Forest, United Kingdom, Europe | http://www.displaydata.com/ |
| Hangzhou ZKONG Network Co. | View profile | 251-500 | Hangzhou, Zhejiang, China, Asia | https://www.zkong.com |
| Essae-teraoka | View profile | 501-1000 | Bangalore, Karnataka, India, Asia | http://www.essae.com |
| BOE Technology Group | View profile | 10001+ | Beijing, Beijing, China, Asia | http://boe.com.cn |
| Solum | View profile | 1-10 | Sevilla, Andalucia, Spain, Europe | https://www.solumpv.com/ |
| Delfi Ltd | View profile | 6000 | 111 Somerset Road, No. 16-12, TripleOne Somerset, Singapore, Singapore, 238164 | https://www.delfilimited.com |
| Pricer AB Class B | View profile | 209 | P.O. Box 215, Stockholm, Sweden, SE-101 24 | https://www.pricer.com |
South Korea electronic shelf label market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electronic shelf label market will help companies and investors design strategic landscapes.
Displays was the largest segment with a revenue share of 50.8% in 2025. Horizon Databook has segmented the South Korea electronic shelf label market based on displays, batteries, transceivers, microprocessors covering the revenue growth of each sub-segment from 2021 to 2033.
South Korea is at the forefront of ESL adoption due to its advanced semiconductor and electronics manufacturing industry, which enables the development of cutting-edge digital display technologies. South Korea's semiconductor industry is substantial, held a 17.7% share of the market in 2022 and dominated the memory semiconductor sector with 60.5% of global production.
In 2022, Korea exported USD 129.20 billion in semiconductors, making it a crucial driver of the economy. The country is home to global tech giants like Samsung and LG, which are contributing to innovations in e-paper displays and IoT-enabled ESL systems.
South Korea’s highly competitive retail sector, with major players like Lotte Mart, E-Mart, and GS Retail, is increasingly deploying ESLs to enhance operational efficiency and customer engagement. The government’s push for smart city initiatives and AI-driven retail solutions is further accelerating the adoption of ESLs across supermarkets, electronics stores, and department stores.
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Target buyers of South Korea electronic shelf label market databook
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Our clientele includes a mix of electronic shelf label market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea electronic shelf label market , including forecasts for subscribers. This country databook contains high-level insights into South Korea electronic shelf label market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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South Korea electronic shelf label market size, by component, 2021-2033 (US$M)
South Korea Electronic Shelf Label Market Outlook Share, 2025 & 2033 (US$M)
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