Latin America Smart Shelves Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$183.1

Forecast, 2030 (US$M)

$852.2

CAGR, 2024 - 2030

24.6%

Report Coverage

Latin America

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

Related Markets

Global Smart Shelves Industry Outlook

North America Smart Shelves Market Outlook

Europe Smart Shelves Market Outlook

Asia Pacific Smart Shelves Market Outlook

MEA Smart Shelves Market Outlook

Latin America smart shelves market highlights

The Latin America smart shelves market generated a revenue of USD 183.1 million in 2023.
The market is expected to grow at a CAGR of 24.6% 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.

Latin America data book summary

Market revenue in 2023	USD 183.1 million
Market revenue in 2030	USD 852.2 million
Growth rate	24.6% (CAGR from 2023 to 2030)
Largest segment	Hardware
Fastest growing segment	Hardware
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Hardware
Key market players worldwide	Avery 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, Latin America region accounted for 5.5% 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

Component

Hardware

Software

Services

Application

Planogram Management

Inventory Management

Pricing Management

Content Management

Others

End Use

Hypermarkets

Supermarkets

Department Stores

Warehouses

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Canada

Mexico

U.S.

France

Germany

China

India

Japan

South Korea

Australia

Brazil

South Africa

UAE

Smart Shelves Market Companies

Name	Profile	# Employees	HQ	Website

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

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Our clientele includes a mix of smart shelves market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America smart shelves market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America smart shelves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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