The industrial chain of electronic labels mainly includes chip design, chip manufacturing, chip packaging, label manufacturing, read and write equipment manufacturing,
software development, system integration and application services. In 2020, the market size of the global electronic label industry reached 66.98 billion US dollars,
an increase of 16.85%. In 2021, due to the impact of the new coronavirus epidemic, the market size of the global electronic label industry has declined to $64.76 billion,
down 3.31% year-on-year.

According to the application field, the market of the global electronic label industry is mainly composed of retail, logistics, medical, financial and other five market segments.
Among them, retail is the largest market segment, accounting for more than 40% of the global electronic label industry market size. This is mainly because the retail field has
a strong demand for commodity information management and price updates, and electronic labels can achieve real-time display and remote adjustment of commodity
information, improving retail efficiency and customer experience.

Logistics is the second largest market segment, accounting for about 20% of the global electronic label industry market size. This is mainly because the logistics field has an
important demand for cargo tracking and inventory management, and electronic tags can realize the rapid identification and accurate positioning of cargo information,
improving logistics safety and efficiency.

With the rapid development of economy and society and the deepening of digital transformation, the demand for information management and data analysis in all walks
of life is growing day by day. Electronic labels have been widely welcomed and applied in retail, logistics, medical care, finance and other fields, which has promoted the
demand growth of the electronic label industry.

Attention: This research consulting report is led by Zhongyan Prichua Consulting Company, based on a large number of thorough market research, Mainly based on the
National Bureau of Statistics, the Ministry of Commerce, the National Development and Reform Commission, the National Economic Information Center, the Development
Research Center of The State Council, the National Business Information Center, the China Economic Boom Monitoring Center, the China Industry Research Network, the
basic information of relevant newspapers and magazines at home and abroad and electronic label professional research units published and provided a large number of data.