Smart Shelves are shelves that are equipped with sensors and connected to the internet. These shelves are able to track the items that are placed on them, as well as the movement of those items. This information can be used to help store owners better understand their inventory and how it is being used. Additionally, smart shelves can also be used to send alerts to staff members when items are running low or need to be replenished.
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The global smart shelves market includes players such as Intel, Happiest Minds, PCCW Solutions, Honeywell Inc, Huawei Technologies, Software AG, Tronitag, TraxRetail, Caper, Zippin, and others.
Some of the key trends in Smart Shelves technology include the following:
1. The use of smart shelves can help to improve inventory management and accuracy.
2. Smart shelves can help to reduce labor costs associated with traditional methods of inventory management.
The key drivers of the Smart Shelves market are its benefits over traditional shelves, such as its ability to provide real-time data on inventory levels, its ability to automate the restocking process, and its ability to improve customer satisfaction levels.
Smart Shelves also have the potential to reduce costs associated with inventory management and shrinkage, as well as improve sales productivity.
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The smart shelves market is segmented by component, enterprise size, application, and region. By component, the market is divided into hardware, software, and services. Based on enterprise size, it is bifurcated into small medium enterprises, and large enterprises. On the basis of application, the market is classified into planogram management, inventory management, pricing management, content management, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
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