SAN FRANCISCO, January 30, 2017 /PRNewswire/ --
The global smart label market is expected to reach USD 16.12 billion by 2025, according to a new report by Grand View Research, Inc. Installation of efficient anti-theft and anti-counterfeit system in several end-user industries is projected to propel the demand. Constant research and innovation
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Rapid urbanization and rise in disposable income of consumers have propelled key end-user industries such as retail, FMCG, and healthcare & pharmaceutical in Asia Pacific in the recent past. Growing economic trends in China, India, Japan, South Korea, and South East Asian countries have created lucrative opportunities in the smart label market.
Usage of smart label helps companies to prevent key issues such as theft, shop lifting, and counterfeit. Thus, emerging presence of key retail and manufacturing industries in developing regions is projected to accelerate the growth of smart label market in the next few years.
Browse full research report with TOC on "Smart Label Market Analysis By Technology (EAS, RFID), By Component (Transceivers, Memories), By Application (Retail Inventory, Perishable Goods), And By End-user (Healthcare & pharmaceutical, Logistic), And Segment Forecasts, 2014 - 2025 at:http://www.grandviewresearch.com/industry-analysis/smart-label-market
Further key findings from the study suggest:
Browse related reports by Grand View Research:
Waste Derived Biogas Market - http://www.grandviewresearch.com/industry-analysis/waste-derived-biogas-market
Grand View Research has segmented the global smart label market on the basis of technology, component, application, end-user and region:
Read Our Blog - Smart label market outlook: Increasing demand for efficient inventory tracking system to boost market growth
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected]
SOURCE Grand View Research, Inc.
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