Ynvisible Interactive Inc. announced major strategic partnerships with global market leaders, to develop smart and interactive label solutions. These projects are set to transform the labels market where the printed product information on the labels is static and cannot be updated. Key Highlights: The smart label market is witnessing an impressive CAGR of 16%, with projections of growth from USD 9 billion in 2021 to USD 39 billion by 2031.

Ynvisible is collaborating with a major global retailer to develop an innovative smart label for supply chain tracking, estimated to generate between USD 5 million to USD 10 million in annual revenue. The Company is also working with a global leader in the labelling industry to produce high-value medical labels for clinical trials, potentially yielding around USD 2 million to USD 4 million in yearly revenue. Additionally, the Company has established a partnership with a technology leader in Electronic Shelf Labels (ESL) to create a full ESL solution for retail, based on Ynvisible's cost efficient epaper displays.