Zion Market Research Global Smart Labels Market, 2016 – 2024 | Page 3

Smart Labels Market
logistics, and beverages & food are also driving the global smart labels market growth.
Additionally, rapid urbanization is one of the main factors driving the growth of the global
smart labels market. Further, increasing disposable income of the buyers is also driving the
global smart labels market growth.
On the contrary, lack of mechanical susceptibility is one of the main factors driving the
growth of the global smart labels market. Moreover, lack of constant standards is also
restraining the global market.
Global Smart Labels Market: Segmentation
On the basis technology, the global smart labels market is mainly classified as RFID labels,
EAS labels, electronic shelf, sensing labels, NFC tags, dynamic display labels, and others.
Based on end users, the global market is bifurcated into retail, FMCG, logistics, automotive,
healthcare, manufacturing, library, aerospace, postal services, construction, and others.
On the basis components, the global market for smart labels is divided into transceivers,
batteries, memories, microprocessors, antenna, and another basic component.
Based on application, the global market is bifurcated into equipment, electronics and IT
asset, pallet, retail & inventory tracking, reusable goods, perishable goods, patient care
smart wristbands, security access, general assets, and others.
On the basis target audience, the global market for smart labels is divided into healthcare &
pharmaceutical institutes, package & labels manufacturers, manufacturing organizations,
retail shops & outlets, packaging organizations, automotive & parts manufacturers, and
others.