The primary research consultant believes that the global On-Shelf Availability Solution Market will reach a valuation of USD 4.8 billion by 2024, based on the most recent results from Future Market Insights.
Forecasts indicate that the market will increase to USD 11.6 billion by 2034, showing that the favorable trend will continue. During the forecast period, this translates to a moderate CAGR of 9.1%.
| Attributes | Key Insights |
|---|---|
| On-shelf Availability Solution Market Estimated Size in 2024 | USD 4.8 billion |
| Projected Market Value in 2034 | USD 11.6 billion |
| Value-based CAGR from 2024 to 2034 | 9.1% |
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With an 8.4% CAGR between 2019 and 2023, the scope for on-shelf availability solutions expanded substantially. The global market is set to achieve heights, registering a CAGR of 9.1% over the forecast period 2024 to 2034.
The on shelf availability solutions market witnessed significant growth during the historical period, owing to the need for operational efficiency.
Solutions incorporating latest technologies enabled retailers to gain real time visibility into shelf availability, automate inventory replenishment processes, and optimize merchandising strategies.
Regulatory compliance in industries including healthcare and pharmaceuticals, drove the adoption of these solutions with features such as expiration date tracking, and recall management capabilities.
Retailers in regulated industries invested in on shelf availability solutions to ensure compliance with industry standards and regulations. Looking forward to the forecast period, maturing markets and increased adoption will accelerate the market prospects.
The solutions will increasingly incorporate predictive analytics as well as AI capabilities to anticipate consumer demand, optimize inventory levels, and prevent stockouts before they occur.
The solutions will continue to evolve, integrating with emerging technologies such as blockchain, augmented reality, and robotics to further enhance shelf visibility and inventory management processes.
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| Country | The United States |
|---|---|
| CAGR through 2034 | 7.0% |
The on-shelf availability solution market in the United States will expand at a CAGR of 7.0% through 2034. Customer experience has become a key differentiator for retailers in the competitive market of the country.
The solutions play a crucial role in enhancing customer experience by reducing out of stock situations, minimizing wait times, and ensuring products are readily available when and where customers need them.
The United States has seen significant growth in omnichannel retailing, with consumers increasingly expecting seamless shopping experiences across online and offline channels.
The solutions enable retailers to optimize inventory management and ensure consistent product availability across all channels, fueling the adoption of these solutions in the retail market.
| Country | Germany |
|---|---|
| CAGR through 2034 | 0.4% |
The on-shelf availability solution market in Germany to expand at a CAGR of 0.4% through 2034. German retailers are known for their focus on efficiency and productivity.
The solutions automate inventory management processes such as shelf monitoring, stock replenishment, and pricing verification, enabling retailers to optimize resources, reduce labor costs, and improve operational efficiency.
Germany has high retail standards and regulations regarding product availability, labeling, and quality. The solutions help retailers comply with these standards by providing real-time visibility into inventory levels, expiration dates, and product recalls, ensuring compliance and maintaining consumer trust.
| Country | China |
|---|---|
| CAGR through 2034 | 11.2% |
On-shelf availability solution trends in China are taking a turn for the better. An 11.2% CAGR is forecast for the country from 2024 to 2034. E-commerce and new retail concepts programs have gained significant traction in China.
The solutions play a crucial role in supporting these retail formats by ensuring accurate inventory data, optimizing fulfillment processes, and providing seamless integration between online and offline channels.
China is at the forefront of technological innovation, with a strong emphasis on adopting advanced technologies to improve business operations and enhance customer experiences.
The solutions leverage technologies such as artificial intelligence, Internet of Things, as well as data analytics to provide real time visibility into shelf availability. They also automate inventory management processes, and optimize product placement, aligning with tech forward approach in China to retailing.
| Country | Japan |
|---|---|
| CAGR through 2034 | 1.3% |
The on-shelf availability solution market in Japan is poised to expand at a CAGR of 1.3% through 2034. Japanese retailers are increasingly focused on modernizing their operations and improving efficiency to remain competitive in the market.
The solutions enable retailers to streamline inventory management processes, optimize shelf space utilization, and minimize stockouts, contributing to overall operational efficiency and effectiveness.
Convenience stores and small format retail formats are popular in Japan due to their convenience, accessibility, and wide product assortment. The solutions help convenience store operators and small-format retailers manage inventory levels, optimize product placement, and ensure product availability, enabling them to meet the demands of their customers and drive growth in the market.
| Country | Australia and New Zealand |
|---|---|
| CAGR through 2034 | 5.2% |
The on-shelf availability solution market in Australia and New Zealand will expand at a CAGR of 5.2% through 2034. The solutions support online grocery retailers by ensuring accurate inventory data, optimizing fulfillment processes, and minimizing stockouts, thereby enabling seamless order fulfillment and improving customer satisfaction.
Australian and New Zealand retailers are increasingly leveraging data driven insights to make informed business decisions and optimize operations.
The solutions provide real-time data on shelf availability, product performance, and sales trends, enabling retailers to identify patterns, anticipate demand, and optimize merchandising strategies for better outcomes.
The below table highlights how software segment is leading the market in terms of component, and will account for a CAGR of 75.1% through 2034. Based on end user, the CPG manufacturer segment is gaining heights and will to account for a CAGR of 29.6% through 2034.
| Category | CAGR through 2034 |
|---|---|
| Software | 75.1% |
| CPG Manufacturer | 29.6% |
Based on component, the software segment will dominate the on-shelf availability solution market.
The software solutions seamlessly integrate with existing retail systems, including point of sale systems, inventory management software, and enterprise resource planning systems.
The integration enables retailers to leverage their existing infrastructure and data sources, enhancing the accuracy and effectiveness of on-shelf availability monitoring and management. The software solutions offer advanced analytics capabilities, including real time data analysis, predictive analytics, and prescriptive insights.
The capabilities enable retailers to identify patterns, trends, and anomalies in shelf availability data, facilitating more informed decision making and proactive inventory management strategies.
In terms of end user, the CPG manufacturer segment will dominate the on-shelf availability solution market. Out of stock situations can result in lost sales, decreased customer satisfaction, and damage to brand reputation.
The solutions help CPG manufacturers identify and address out of stock situations quickly by providing real time alerts and insights into inventory levels and demand patterns, enabling manufacturers to take proactive measures to replenish stock and minimize disruptions to product availability.
CPG manufacturers invest significant resources in product visibility and merchandising strategies to drive sales and brand visibility at the point of purchase.
The solutions enable manufacturers to monitor product placement, shelf positioning, and promotional activities at retail locations, ensuring their products are prominently displayed and easily accessible to consumers, thereby maximizing sales opportunities.
The on-shelf availability solution market is characterized by a competitive landscape with several key players vying for market share and striving to differentiate themselves through innovation, technological advancements, and strategic partnerships.
Company Portfolio
| Attribute | Details |
|---|---|
| Estimated Market Size in 2024 | USD 4.8 billion |
| Projected Market Valuation in 2034 | USD 11.6 billion |
| Value-based CAGR 2024 to 2034 | 9.1% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | Value in USD Billion |
| Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
| Key Market Segments Covered | Component, Application, Deployment Type, End User, Region |
| Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, France, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel |
| Key Companies Profiled | International Business Machines Corporation; Panasonic Corporation; SAP SE; Impinj, Inc.; Mindtree Ltd.; Retail Solutions Inc.; Retail Velocity; Market6, Inc.; Lokad; Verix; Frontier Field Marketing; NEOGRID; eBest IOT; Enterra Solutions LLC |
The on-shelf availability solution market is projected to reach a valuation of USD 4.8 billion in 2024.
The on-shelf availability solution industry is set to expand by a CAGR of 9.1% through 2034.
The on-shelf availability solution market is forecast to reach USD 11.6 billion by 2034.
China is set to be the top performing market, exhibiting a CAGR of 11.2% through 2034.
Software segment is preferred, and will account for a share of 75.1% in 2024.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Component 5.3.1. Software 5.3.2. Services 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User 6.3.1. CPG Manufacturer 6.3.2. Retailer 6.3.3. Online Retailer 6.3.4. Suppliers 6.3.5. Warehouse 6.3.6. Others 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1.1. International Business Machines Corporation 17.1.2. Panasonic Corporation 17.1.3. SAP SE 17.1.4. Impinj, Inc. 17.1.5. Mindtree Ltd. 17.1.6. Retail Solution Inc. 17.1.7. Retail Velocity 17.1.8. Market6, Inc. 17.1.9. Lokad 17.1.10. Verix 17.1.11. Frontier Field Marketing 17.1.12. NEOGRID 17.1.13. eBest IOT 17.1.14. Enterra Solution LLC 18. Assumptions & Acronyms Used 19. Research Methodology
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On-shelf Availability Solution Market
