Merchandising & Store Ops

Smart retail shelf market projected to reach $17.76B by 2031

Mordor Intelligence projects the smart retail shelf market will grow from $5.1 billion in 2025 to $17.76 billion by 2031, driven by electronic shelf labels, RFID tracking, and vision-based edge-AI shelf analysis.

The numbers

  • $17.76bn Projected smart retail shelf market size by 2031
  • $5.1bn Smart retail shelf market size in 2025
  • 23.12% Compound annual growth rate for the smart shelf market
  • $6.3bn Projected smart retail shelf market size for the current year

Sources

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