Electronic Article Surveillance Market Expected to Reach USD 1.53 Billion by 2029, with 3.6 % CAGR

30.8.2023: Electronic Article Surveillance Market Report Scope and Research Methodology

Electronic Article Surveillance (EAS) is a technology-driven solution aimed at curbing theft in retail stores, libraries, and office premises. Special tags are affixed to merchandise or items, which are removed or deactivated upon purchase or checkout. The system triggers an alarm or alert if active tags are detected near store exits, preventing theft. The adoption of EAS systems is expected to expand significantly over the forecast period due to its effectiveness in reducing theft.

The comprehensive market analysis is based on the year 2022 as the baseline, with forecasts extended till 2029. Trends over the past five years have been meticulously examined, and the market predictions consider the unique impact of the global lockdowns by region.

For detail insights on this market, request for methodology here @ : https://www.maximizemarketresearch.com/market-report/global-electronic-article-surveillance-market/118433/

What are Electronic Article Surveillance Market Dynamics?

Market Drivers and Restraints

The global EAS market is being driven by the ongoing modernization of retail spaces, transforming traditional stores into immersive shopping centers. Rising incidents of theft and shoplifting are also propelling the demand for EAS systems. Additionally, growing interest in digital technologies and the integration of Radio-Frequency Identification (RFID) with EAS are expected to create new growth opportunities for the market.

However, the high implementation cost of EAS systems acts as a limiting factor for market expansion. Yet, the development of advanced surveillance technologies using cameras and software updates offers potential growth avenues.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ : https://www.maximizemarketresearch.com/request-sample/118433

Electronic Article Surveillance Market Segmentation?

The market is divided into Tags, Antennas, and Detachers based on Component. Tags are expected to dominate the market due to increased protection for objects to reduce theft and shoplifting. The majority of tag demand is accounted for by retailers of clothing and accessories.

Items are better protected by tags, which lowers theft and theft-related crimes. Tags in an active condition that traverse an EAS detection zone at a store's entrance or departure cause an alert. There are two different types of tags available: hard and soft. Most tags and labels function similarly when it comes to being detected by the security antenna located at the doors.

Who are Electronic Article Surveillance Market Key Players?

1. Johnson Controls International plc
2. CCL Industries, Inc.
3. All Tag Corporation
4. Ketec, Inc.
5. Sentry Technology Corporation
6. WG Security Products, Inc.
7. SafeGear ApS.
8. Gunnebo Gateway AB
9. Agon Systems Ltd.
10.Tyco Retail Solutions
11.Checkpoint Solutions
12.Nedap
13.Universal surveillance system
14.Hangzhou Century Co. Ltd (China)
15.Sentry Technology

Please connect with our representative, who will ensure you to get a report sample here @ : https://www.maximizemarketresearch.com/request-sample/118433

Regional Insights:

In terms of regions, the Asia-Pacific (APAC) region is projected to experience the fastest growth in the EAS market. The proliferation of garment and fashion accessory businesses, as well as supermarkets, is anticipated to drive the demand for EAS systems. The North American and European markets are expected to hold significant market shares, driven by the rise of modern retail and shopping centers. The Middle East and Africa region are also witnessing substantial growth in the EAS market, aligned with the expansion of shopping malls and complexes.

The comprehensive market report provides insights into key market dynamics, structure, and trends. It covers aspects such as market segmentation, competitive analysis of key players, and regional presence. The report serves as a valuable resource for industry stakeholders, offering a clear view of the industry's past, current, and projected future status.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Related Reports:

United Kingdom Electric Vehicle Market : https://www.maximizemarketresearch.com/market-report/united-kingdom-electric-vehicle-market/64130/

Retail Media Networks Market : https://www.maximizemarketresearch.com/market-report/retail-media-networks-market/147754/

Data Historian Market : https://www.maximizemarketresearch.com/market-report/global-data-historian-market/63023/

Global Cloud PBX Market : https://www.maximizemarketresearch.com/market-report/global-cloud-pbx-market/62884/

Global Sports Mouth Guard Market : https://www.maximizemarketresearch.com/market-report/global-sports-mouth-guard-market/70068/

Global AWS Managed Services Market : https://www.maximizemarketresearch.com/market-report/global-aws-managed-services-market/27019/

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.

444 West Lake Street, Floor 17,

Chicago, IL, 60606, USA.

+1 800 507 4489 +91 9607365656

sales@maximizemarketresearch.com

www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.