The ESL industry is growing rapidly. The research report of the intelligent research industry points out that China's ESL market shipped about 6 million pieces in 2018. It is estimated that more than 12 million pieces will be produced in 2019, far from reaching the level of European and American countries. It is estimated that the global ESL will grow at a 30% annual rate from 2018 to 2022. Electronic price tags are imperative in China. According to statistics, electronic price tags are still in their infancy in China; ali predicts that the digitalization of Chinese stores will reach 80% within 5 years, and the current domestic penetration rate is less than 6%;

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