{"id":823492,"date":"2026-07-06T14:19:02","date_gmt":"2026-07-06T14:19:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=823492"},"modified":"2026-07-06T14:19:02","modified_gmt":"2026-07-06T14:19:02","slug":"smart-shelf-market-to-reach-usd-1776-billion-by-2031-driven-by-esl-expansion-rfid-tracking-and-aibased-shelf-monitoring-systems","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/smart-shelf-market-to-reach-usd-1776-billion-by-2031-driven-by-esl-expansion-rfid-tracking-and-aibased-shelf-monitoring-systems_823492.html","title":{"rendered":"Smart Shelf Market to Reach USD 17.76 Billion by 2031 Driven by ESL Expansion, RFID Tracking, and AI-Based Shelf Monitoring Systems"},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\">\n<div><a href=\"https:\/\/www.abnewswire.com\/upload\/2026\/07\/1783320690.jpg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Smart Shelf Market to Reach USD 17.76 Billion by 2031 Driven by ESL Expansion, RFID Tracking, and AI-Based Shelf Monitoring Systems \" src=\"https:\/\/www.abnewswire.com\/upload\/2026\/07\/1783320690.jpg\" alt=\"Smart Shelf Market to Reach USD 17.76 Billion by 2031 Driven by ESL Expansion, RFID Tracking, and AI-Based Shelf Monitoring Systems \" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/div>\n<div class=\"quotes\">\n<div>Smart Shelf Market<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Mordor Intelligence has published a new report on the smart shelf market, offering a comprehensive analysis of trends, growth drivers, and future projections<\/div>\n<p style=\"text-align: justify;\"><strong>Smart Shelf Market Outlook <\/strong><\/p>\n<p style=\"text-align: justify;\">According to Mordor Intelligence, the global <a rel=\"nofollow\" href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/smart-shelf-market?utm_source=abnewswire\" target=\"_blank\">smart shelf market size<\/a> is expected to grow from USD 5.10 billion in 2025 to USD 6.28 billion in 2026, reaching USD 17.76 billion by 2031 at a CAGR of 23.12% during the forecast period. The market is gaining attention as retailers increase investments in electronic shelf labels, RFID-enabled inventory tracking, computer vision systems, and connected retail infrastructure. Growing pressure to reduce operational costs, improve shelf visibility, and maintain accurate pricing is encouraging retailers to adopt smart shelf systems across stores and warehouses.<\/p>\n<p style=\"text-align: justify;\">The smart shelf industry is also benefiting from labor shortages, rising retail automation needs, and sustainability goals linked to paperless pricing systems. Retailers are using smart shelf technology to improve staock visibility, automate planogram compliance, and reduce product shrinkage. Real-time shelf monitoring and connected retail data systems are becoming part of daily store operations, especially in supermarkets, pharmacies, and convenience stores. These factors are supporting steady market growth across developed and emerging retail sectors.<\/p>\n<p style=\"text-align: justify;\"><strong>Smart Shelf Market Insights <\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Growing Use of Electronic Shelf Labels <\/strong><\/p>\n<p style=\"text-align: justify;\">One of the major smart shelf market trends is the wider deployment of electronic shelf labels in retail stores. Retailers are replacing paper labels with digital displays to simplify price updates and reduce manual work. ESL systems also help stores maintain pricing accuracy across multiple locations while supporting promotions and dynamic pricing strategies. Large retail chains are integrating ESL systems with central inventory platforms to improve operational consistency. The move toward paperless shelf management is also supporting sustainability goals in the retail sector. As stores focus on improving efficiency and customer engagement, demand for ESL-based smart shelf systems continues to increase.<\/p>\n<p style=\"text-align: justify;\"><strong>RFID Adoption Supporting Inventory Visibility <\/strong><\/p>\n<p style=\"text-align: justify;\">RFID technology is becoming an important part of the industry due to its ability to track products in real time. Retailers are using RFID tags and readers to improve stock visibility, reduce out-of-stock situations, and manage inventory movement more effectively. The use of RFID-based smart shelves is expanding in supermarkets, specialty stores, and warehouses where inventory accuracy is critical. Retailers are also adopting ultra-low-power RFID systems to lower operational costs while maintaining real-time inventory updates. This shift is supporting smart shelf market share expansion among retailers looking for better inventory control.<\/p>\n<p style=\"text-align: justify;\"><strong>Computer Vision and AI Improving Shelf Monitoring <\/strong><\/p>\n<p style=\"text-align: justify;\">Vision-based smart shelves are gaining traction as retailers seek faster and more accurate shelf analysis. Cameras combined with edge AI software help retailers monitor planogram compliance, detect misplaced products, and identify empty shelf spaces within seconds. Retailers are increasingly using these systems to improve merchandising decisions and support retail media strategies. Real-time shelf intelligence is helping stores react quickly to demand changes and product movement. This growing reliance on shelf analytics is contributing to long-term smart shelf market forecast expansion across global retail chains.<\/p>\n<p style=\"text-align: justify;\"><strong>Retail Automation Expanding Across Store Formats <\/strong><\/p>\n<p style=\"text-align: justify;\">Automation is becoming a key part of the smart shelf market as retailers work to reduce labor dependency and improve operational speed. Smart shelf systems are being introduced in hypermarkets, convenience stores, pharmacies, and distribution centers to automate pricing, stock tracking, and shelf management. Retailers are also focusing on improving customer experience through connected store infrastructure. Automated shelf management supports faster replenishment, better pricing accuracy, and smoother store operations.<\/p>\n<p style=\"text-align: justify;\"><strong>Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights:<\/strong> <a rel=\"nofollow\" class=\"Hyperlink SCXW258682159 BCX8\" href=\"https:\/\/www.mordorintelligence.com\/ja\/industry-reports\/smart-shelf-market?utm_source=abnewswire\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.mordorintelligence.com\/ja\/industry-reports\/smart-shelf-market?utm_source=abnewswire<\/a><\/p>\n<p style=\"text-align: justify;\"><strong>Smart Shelf Market Segmentation <\/strong><\/p>\n<p style=\"text-align: justify;\">By Component<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Hardware<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>IoT Sensors<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>RFID Tags and Readers<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Electronic Shelf Labels (ESL)<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Cameras<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Software<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Services<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">By Technology<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>RFID-Based Smart Shelves<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Weight Sensor-Based Smart Shelves<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Vision\/Camera-Based Smart Shelves<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Electronic Shelf Label (ESL) Systems<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Other Technologies<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">By Retail Format<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Hypermarkets and Supermarkets<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Convenience Stores<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Specialty Stores<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Pharmacies<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Warehouses and Distribution Centers<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Other Retail Formats<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">By Application<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Inventory Management<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Pricing Management<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Content Management<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Planogram Management<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Other Applications<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">By Geography<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>North America<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>United States<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Canada<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Mexico<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Europe<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>United Kingdom<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Germany<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>France<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Italy<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Rest of Europe<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Asia-Pacific<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>China<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Japan<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>India<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>South Korea<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Rest of Asia-Pacific<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Middle East<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Israel<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Saudi Arabia<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>United Arab Emirates<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Turkey<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Rest of Middle East<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Africa<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>South Africa<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Egypt<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Rest of Africa<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>South America<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Brazil<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Argentina<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Rest of South America<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Explore Our Full Library of Technology, Media and Telecom Research:<\/strong> https:\/\/www.mordorintelligence.com\/market-analysis\/technology-media-and-telecom?utm_source=abnewswire<\/p>\n<p style=\"text-align: justify;\"><strong>Key Players in the Smart Shelf Market <\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>VusionGroup S.A.<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Pricer AB<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Hanshow Technology Co., Ltd.<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Displaydata Limited<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>SoluM Co., Ltd.<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Conclusion <\/strong><\/p>\n<p style=\"text-align: justify;\">The smart shelf market is moving steadily as retailers focus on automation, pricing accuracy, and real-time inventory visibility. Demand for ESL systems, RFID technology, and AI-based shelf monitoring is increasing across supermarkets, pharmacies, convenience stores, and warehouses. Retailers are also using smart shelf systems to improve operational efficiency and reduce manual workload.<\/p>\n<p style=\"text-align: justify;\">The combination of connected retail infrastructure, sustainability goals, and growing demand for intelligent shelf analytics is supporting long-term smart shelf market growth. As more retailers move from pilot projects to full-scale deployment, the industry is expected to see wider adoption across global retail networks.<\/p>\n<p style=\"text-align: justify;\"><strong>Industry Related Reports: <\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><a rel=\"nofollow\" href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/united-states-smart-lock-market?utm_source=abnewswire\" target=\"_blank\">United States Smart Lock Market <\/a><\/strong><\/p>\n<p style=\"text-align: justify;\">The United States smart lock market was valued at USD 3.36 billion in 2025 and is projected to grow from USD 3.88 billion in 2026 to USD 6.03 billion by 2031, registering a CAGR of 9.22% during the forecast period. Growth is being driven by rising adoption of smart home ecosystems, increasing consumer demand for remote access and home security solutions, and expanding integration with IoT-enabled residential and commercial infrastructure.<\/p>\n<p style=\"text-align: justify;\"><strong><a rel=\"nofollow\" href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/smart-plug-market?utm_source=abnewswire\" target=\"_blank\">Smart Plug Market Share<\/a> <\/strong><\/p>\n<p style=\"text-align: justify;\">The smart plug market size is estimated at USD 5.29 billion in 2026, up from USD 4.21 billion in 2025, and is expected to reach USD 16.58 billion by 2031 at a CAGR of 25.70%. Market expansion is fueled by growing smart home penetration, rising energy management awareness, and increased use of voice assistants and connected devices across residential and commercial environments.<\/p>\n<p style=\"text-align: justify;\"><strong><a rel=\"nofollow\" href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/electronic-shelf-labels-market?utm_source=abnewswire\" target=\"_blank\">Electronic Shelf Labels Market Growth<\/a> <\/strong><\/p>\n<p style=\"text-align: justify;\">The electronic shelf labels market was valued at USD 1.97 billion in 2025 and is forecast to reach USD 3.78 billion by 2030, growing at a CAGR of 13.9%. The market is benefiting from rapid retail digitalization, increasing demand for real-time pricing automation, and the adoption of advanced inventory management technologies by supermarkets and large retail chains.<\/p>\n<p style=\"text-align: justify;\"><strong>About Mordor Intelligence: <\/strong><\/p>\n<p style=\"text-align: justify;\">Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.<\/p>\n<p style=\"text-align: justify;\">With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace &amp; defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals &amp; materials, consumer goods &amp; services, electronics, energy &amp; power, financial services, food &amp; beverages, healthcare, hospitality &amp; tourism, information &amp; communications technology, investment opportunities, and logistics.<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/mordorintelligence.com_175326.html\" rel=\"nofollow\">Mordor Intelligence<\/a><br \/><strong>Contact Person:<\/strong> Jignesh Thakkar<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=smart-shelf-market-to-reach-usd-1776-billion-by-2031-driven-by-esl-expansion-rfid-tracking-and-aibased-shelf-monitoring-systems\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> +1 617-765-2493<br \/><strong>Address:<\/strong>11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli  media@mordorintelligence.com<br \/><strong>City:<\/strong> Hyderabad<br \/><strong>State:<\/strong> Telangana 500008<br \/><strong>Country:<\/strong> India<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.mordorintelligence.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.mordorintelligence.com\/<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=smart-shelf-market-to-reach-usd-1776-billion-by-2031-driven-by-esl-expansion-rfid-tracking-and-aibased-shelf-monitoring-systems\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Smart Shelf Market Mordor Intelligence has published a new report on the smart shelf market, offering a comprehensive analysis of trends, growth drivers, and future projections Smart Shelf Market Outlook According to Mordor Intelligence, the global smart shelf market size &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/smart-shelf-market-to-reach-usd-1776-billion-by-2031-driven-by-esl-expansion-rfid-tracking-and-aibased-shelf-monitoring-systems_823492.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,411],"tags":[],"class_list":["post-823492","post","type-post","status-publish","format-standard","hentry","category-Business","category-Technology"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/823492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=823492"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/823492\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=823492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=823492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=823492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}