The Global Digital Electronic Shelf Labels (ESL) for Retail Market was valued at USD 1.02 Billion in 2023 and is projected to reach USD 1.74 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2023–2032). This growth is fueled by escalating demand for automated pricing solutions, rising operational cost pressures, and the global retail sector’s rapid digital transformation.
As retailers worldwide embrace smart store technologies, Electronic Shelf Label systems have become essential for dynamic pricing, real-time inventory management, and seamless omnichannel integration. This analysis highlights the Top 10 Companies in the Digital Electronic Shelf Labels Industry—technology innovators reshaping in-store retail experiences worldwide.
🔟 1. BOE (SES-imagotag)
Headquarters: Beijing, China
Key Offering: Complete ESL Ecosystem with IoT Integration
BOE Technology Group emerged as the market leader following its acquisition of SES-imagotag in 2022, offering end-to-end solutions combining e-paper displays, IoT infrastructure, and cloud-based management platforms for global retail chains.
Market Differentiation:
- Services 45,000+ retail locations worldwide
- Developed first full-color e-paper technology for ESL
- Integrated artificial intelligence for shelf analytics
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9️⃣ 2. Pricer
Headquarters: Uppsala, Sweden
Key Offering: Flexible ESL Platform
Pricer dominates the European retail technology market with robust wireless ESL systems that integrate with existing POS and ERP infrastructure, enabling real-time price synchronization and shelf intelligence.
Market Differentiation:
- Deployed across 70+ countries
- Dual RF and Sigfox connectivity options
- Grocery sector specialist
8️⃣ 3. SoluM
Headquarters: Seoul, South Korea
Key Offering: Ultra-low Power ESL Solutions
SoluM’s proprietary optical communication technology enables high-speed updates without radio frequency interference, making it ideal for dense retail environments with strict connectivity requirements.
Market Differentiation:
- Strong foothold in Asian markets
- Industry-leading 10-year battery life
7️⃣ 4. E Ink Holdings
Headquarters: Hsinchu, Taiwan
Key Offering: Advanced E-paper Display Technology
As the supplier for 80% of global ESL displays, E Ink drives innovation with its energy-efficient e-paper technology, including recent advancements in color and flexible display formats.
Market Differentiation:
- Pioneer of ACeP full-color technology
- Strategic component supplier to major OEMs
Download FREE Sample Report: Digital Electronic Shelf Labels for Retail Market – View in Detailed Research Report
6️⃣ 5. Displaydata
Headquarters: Bracknell, UK
Key Offering: Cloud-managed ESL Systems
Displaydata’s comprehensive solution combines enterprise-grade hardware with actionable retail analytics, helping chains optimize pricing strategies while reducing operational overhead.
Market Differentiation:
- Strong UK and Middle East presence
- Specialized solutions for fashion retailers
5️⃣ 6. Opticon Sensors Europe B.V.
Headquarters: Oegstgeest, Netherlands
Key Offering: Hybrid ESL/Barcode Systems
Opticon uniquely bridges digital pricing with product identification through integrated ESL and scanning solutions, particularly beneficial for warehouse-style retail formats.
Market Differentiation:
- Leader in price verification integration
- Strong back-office connectivity
4️⃣ 7. DIGI
Headquarters: Cheonan, South Korea
Key Offering: Cost-optimized ESL Solutions
DIGI specializes in affordable yet reliable ESL systems tailored for small-to-medium retailers, delivering core functionality without premium pricing.
Market Differentiation:
- Fast-growing Asian market presence
- LCD display specialist
3️⃣ 8. Hanshow
Headquarters: Shenzhen, China
Key Offering: Smart Retail Ecosystem
Hanshow integrates ESL technology within a broader intelligent retail platform encompassing digital signage, AI analytics, and mobile engagement solutions.
Market Differentiation:
- Rapid global expansion
- Innovator