On-Shelf Availability Solution Market Will Increase at a CAGR of 9.5% During 2017-2027
Verfasser: pradnya_86 on Thursday, 24 August 2017The global on-shelf availability solution market is projected to register an impressive expansion at 9.5% CAGR during the forecast period 2017 to 2027, according to a report by Future Market Insights (FMI). Although the market is expected to witness a robust growth, the revenue generated will remain low owing to the presence of less number of companies offering these solutions. FMI’s report estimates the global on-shelf availability solution market to increase from US$ 2,255.7 Mn in 2017 to reach US$ 5,607.7 Mn by 2027-end.
Key Takeaways from FMI’s Report on the Global On-shelf Availability Solution Market
CPG manufacturers will remain the largest end-users of on-shelf availability solution in the market, followed by retailers. However, sales of on-shelf availability solutions to suppliers are estimated to exhibit the highest CAGR through 2027.
Although on-premise deployment of on-shelf availability solution remains preferred in the market, the SaaS deployment will register a comparatively higher CAGR through 2027.
Historical data analysis will continue to be the most lucrative application of on-shelf availability solution, with sales estimated to reach revenues worth US$ 1,867.7 Mn by 2027-end. In addition, sales of on-shelf availability solution in application of response time analysis are estimated to register the fastest expansion at a double-digit CAGR through 2027.