Global Smart Shelves Market Size & Outlook, 2023-2030

The global smart shelves market size was estimated at USD 3,312.7 million in 2023 and is projected to reach USD 14,685.7 million by 2030, growing at a CAGR of 23.7% from 2024 to 2030.
Revenue, 2023 (US$M)
$3,312.7
Forecast, 2030 (US$M)
$14,685.7
CAGR, 2024 - 2030
23.7%
Report Coverage
Worldwide

Global smart shelves market, 2018-2030 (US$M)

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Global smart shelves market highlights

  • The global smart shelves market generated a revenue of USD 3,312.7 million in 2023 and is expected to reach USD 14,685.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 23.7% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 3,312.7 million in 2023.
  • Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 3,312.7 million
Market revenue in 2030USD 14,685.7 million
Growth rate23.7% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentHardware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware

Other key industry trends

  • In terms of revenue, the North America accounted for 28.3% of the global smart shelves market in 2023.

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Smart Shelves Market Companies

Name Profile # Employees HQ Website
E Ink Holdings View profile 5001-10000 Hsinchu, T'ai-wan, Taiwan, Asia https://tw.eink.com
AWM Smart Shelf View profile 51-100 Aliso Viejo, California, United States, North America https://smartshelf.com/index.html
Happiest Minds Technologies View profile 5001-10000 Bangalore, Karnataka, India, Asia http://www.happiestminds.com
Huawei Technologies View profile 10001+ Shenzhen, Guangdong, China, Asia http://huawei.com
Trax View profile 501-1000 Singapore, Central Region, Singapore, Asia http://traxretail.com
Lenovo Group Ltd View profile 71090 979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Hong Kong, Hong Kong https://www.lenovo.com
Samsung Electronics Co Ltd View profile 124804 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 https://www.samsung.com
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com
Avery Dennison Corp View profile 35000 8080 Norton Parkway, Mentor, OH, United States, 44060 https://www.averydennison.com
Intel Corp View profile 124800 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 https://www.intel.com

Global smart shelves 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 smart shelves market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global smart shelves market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Smart Shelves Component Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Services
    • Hardware
  • Global Smart Shelves Application Outlook (Revenue, USD Million, 2018-2030)
    • Pricing Management
    • Others
    • Planogram Management
    • Inventory Management
    • Content Management
  • Global Smart Shelves End Use Outlook (Revenue, USD Million, 2018-2030)
    • Supermarkets
    • Others
    • Hypermarkets
    • Department Stores
    • Warehouses

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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart shelves market , including forecasts for subscribers. This global databook contains high-level insights into Global smart shelves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global smart shelves market size, by regions, 2018-2030 (US$M)

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