Zion Market Research Global Smart Labels Market, 2016 – 2024 | Page 2
Smart Labels Market
Zion Market Research, the market research group announced the analysis report titled
‘Smart Labels Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts
2016–2024'
Global Smart Labels Market: Overview
A smart label is also known as Smart Tag. It is an exceptionally plane configured
transponder beneath a usual print-coded label, which has the antenna, chip, and bonding
wires. This setup is also known as an inlay.
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Global Smart Labels Market: Growth Factors
The global smart labels market is likely to have an escalation growth in coming period.
Rising demand for the anti-theft devices that are reliable is the significant reason that has
driven the growth of the global market. Additionally, features such as real-time tracing, re-
programmability, and simultaneous identification are one of the major factors escalating the
growth of the global smart labels market. In addition to this, rising technological proliferation
of smart label products is also boosting the growth of the global market. Adding more to the
list, the rise in industry consolidation is powering the growth of the global market. Further,
rising applications of smart labels in retail & manufacturing, pharmaceuticals & healthcare,