Press release
Global Electronic Article Surveillance Market 2022 - 2030: Exploring the Latest Trends and Industry Developments
The global electronic article surveillance market was valued at US$ 1.6 Bn in 2021, growing at an estimated CAGR of 3.8% over the forecast period. The growth of the retail industry has led to an increase in demand for EAS solutions. With the rise in retail theft and shoplifting, retailers are looking for effective ways to protect their products. The EAS market has been growing at a steady pace, with technological advancements and increasing demand from the retail sector driving growth.Electronic Article Surveillance (EAS) is a technology used to prevent shoplifting and unauthorized removal of products from a retail store. The technology involves the use of electronic tags attached to products and EAS detectors placed at store exits. If a product with an electronic tag is not deactivated or removed before a customer exits the store, an alarm is triggered, alerting store personnel.
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Major Market Players Profiled in the Electronic Article Surveillance Market Report include:
Johnson Controls
Ketec
Nedap
Sekura Global
Sentry Custom Security
Shenzhen Emeno Technology Co.
Shopguard Limited
STANLEY Convergent Security Solutions, Inc.
Tyco Integrated Security
Other Market Participants
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Electronic Article Surveillance (EAS) Market Industry Trends:
Technological advancements: The development of RFID technology and the integration of software solutions with EAS systems have increased the efficiency and accuracy of the systems.
Growth of the retail sector: The retail sector is expanding globally, leading to an increase in demand for EAS solutions.
Rising concerns about security: The rise in retail theft and shoplifting has increased the need for security solutions, driving the growth of the EAS market.
Increase in e-commerce sales: The growth of e-commerce sales has led to the development of EAS solutions for online retail stores.
Government regulations: Governments are implementing regulations to prevent shoplifting, driving the growth of the EAS market.
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Why the Electronic Article Surveillance Market Report is Beneficial?
The report is compiled with a thorough and dynamic research methodology.
The report offers a complete picture of the competitive scenario of the Electronic Article Surveillance market.
It comprises vast amount of information about the latest technology and product developments in the industry.
The extensive range of analysis associates with the impact of these improvements on the future of Electronic Article Surveillance industry growth.
The report has combined the required essential historical data and analysis in the comprehensive research report.
The insights in the report can be easily understood and contains a graphical representation of the figures in the form of bar graphs, statistics and pie charts, etc.
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Global Electronic Article Surveillance Market:
By Offering
Products
Services
By Technology
RFID
Radio Frequency (RF)
Acousto-Magnetic (AM)
Microwave
Electromagnetic
Others
By End User
Supermarkets
Apparel and Fashion
Pharmacies
Bookstores/ Libraries
DIY Department Stores
Others
By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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