Europe Smart Shelves Market Size & Outlook, 2023-2030

The smart shelves market in Europe is expected to reach a projected revenue of US$ 4,793.3 million by 2030. A compound annual growth rate of 22.1% is expected of Europe smart shelves market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,183.3
Forecast, 2030 (US$M)
$4,793.3
CAGR, 2024 - 2030
22.1%
Report Coverage
Europe

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

Europe

Europe smart shelves market highlights

  • The Europe smart shelves market generated a revenue of USD 1,183.3 million in 2023.
  • The market is expected to grow at a CAGR of 22.1% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Hardware is the most lucrative component segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 1,183.3 million
Market revenue in 2030USD 4,793.3 million
Growth rate22.1% (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
Key market players worldwideAvery Dennison Corp, AWM Smart Shelf, E Ink Holdings, Happiest Minds Technologies, Honeywell International Inc, Huawei Technologies, Intel Corp, Lenovo Group Ltd, Samsung Electronics Co Ltd, Trax


Other key industry trends

  • In terms of revenue, Europe region accounted for 35.7% of the global smart shelves market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,698.6 million by 2030.

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Smart Shelves Market Scope

Smart shelves market segmentation & scope
Software
Services
Application
Planogram Management
Inventory Management
Pricing Management
Content Management
Others
End Use
Hypermarkets
Supermarkets
Department Stores
Warehouses
Others
Countries
Canada
Mexico
U.S.
France
Germany
UK
China
India
Japan
South Korea
Australia
Brazil
South Africa
UAE

Smart Shelves Market Companies

Name Profile # Employees HQ Website

Europe 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 Europe smart shelves market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe smart shelves market databook

  • Our clientele includes a mix of smart shelves market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe smart shelves market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smart shelves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe smart shelves market

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