Electronic Article Surveillance System (EAS) Market Expected to Reach USD 1310.55 Million by 2028: Verified Market Research®

Verified Market Research® provides a comprehensive analysis of the market share, market ranking analysis, product benchmarking, and SWOT analysis of these key players. The report also provides an in-depth analysis of the global Electronic Article Surveillance System (EAS) Market, including its growth prospects, market trends, and market challenges

JERSEY CITY, N.J. , March 21, 2023 /PRNewswire/ -- The global Electronic Article Surveillance System (EAS) Market is projected to grow at a CAGR of 3.27% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1013.34 Million in 2020 and is expected to reach USD 1310.55 Million by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=37090

Browse in-depth TOC on "Electronic Article Surveillance System (EAS) Market"

202 - Pages
126 – Tables
37 – Figures

Electronic Article Surveillance System (EAS) Market Overview

The global market for Electronic Article Surveillance System (EAS) is on the rise. EAS is a technology that enhances inventory control and prevents stealing in various settings, including retail establishments, libraries, industrial settings, and more. This market is expected to grow due to various key drivers such as upgrading of retail outlets, rising incidences of theft and shoplifting, and increased demand for traffic counts and inventory intelligence systems. Additionally, the market for EAS systems is predicted to increase quickly due to the growing interest in digital technologies and the combination of RFID with EAS.

The Electronic Article Surveillance System (EAS) uses tags that are electronically detectable to safeguard goods. The system includes an electronic antenna, a deactivator or detacher, and an electronic tag. The alarm system is activated in case of any theft attempt. EAS is used in establishments like supermarkets, clothing boutiques, and other retail outlets. The global EAS market has several key players, including Shenzhen Emeno Technology, Softdel, TAG Company, Johnson Controls, Checkpoint Systems, Agon Systems, ALL-TAG Corporation, Amersec, Ketec, and WG Security Products.

The key players in the market are implementing key development strategies to expand their market share and improve their market ranking analysis. They are focused on developing new technologies to improve EAS and transform them into necessary software for sophisticated video monitoring. The market has several prospects for expansion due to the rising demand for EAS systems in the healthcare industry and the strong potential for growth in emerging economies.

The electronic article surveillance system (EAS) market is segmented based on the type of tags used, including labels, hard and soft tags, detachers, and others. The market is also segmented based on the end-users, including retail establishments, libraries, and industrial settings. The key trends driving the market include the increasing use of digital technologies and the growing need for inventory intelligence systems.

However, the market is also restrained by the high cost of EAS systems and the growing concerns over privacy and data security. The competitive landscape of the EAS market is highly fragmented due to the presence of several key players. The key players are focused on expanding their market share through strategic partnerships, mergers and acquisitions, and product innovations.

Overall, the global electronic article surveillance system (EAS) market is expected to grow significantly due to the rising demand for advanced inventory control and theft prevention technologies. The market has several key drivers and opportunities for growth, including the integration of RFID with EAS and the strong potential for growth in emerging economies.

Based on the research, Verified Market Research® has segmented the global Electronic Article Surveillance System (EAS) Market into Component, Type, And Geography.

• Electronic Article Surveillance System (EAS) Market, by Component
• Tags
• Antennas
• Detachers
• Electronic Article Surveillance System (EAS) Market, by Type
• Magneto-harmonic
• Acousto-magnetic
• Radiofrequency
• Microwave
• Electronic Article Surveillance System (EAS) Market, by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

Browse Related Reports:

Electronic Security Market By Product (Surveillance Security System, Alarming System), By End-User (Government, Transportation, Industrial), By Geography, And Forecast

Physical Security Market By Components (Systems, Service), By Systems Type (Physical Access Control System (PACS), Video Surveillance System), By Services Type (Access Control as a Service (ACaaS), Video Surveillance as a Service (VSaaS)), By Vertical (Government, Transportation), By Geography, And Forecast

Inventory Optimization Software Market By Type (Manually Managed Inventory System, Barcode Scanning System), By Deployment Model (On-premises, Cloud), By Application (Order Management, Asset Tracking), By Organization Type (SMB Large, Organization), By End-User (Manufacturing, Medical/Healthcare), By Geography, And Forecast

AI for Surveillance and Security Market By Product (Cloud-based, On-premises), By Application (Logistics, Healthcare, Transportation, Automotive, Retail, BFSI, Aerospace, Oil & Gas, Others), By Geography, And Forecast

Smart Warehousing Market By Component (Hardware, Solutions), By Deployment (Cloud, On-premises), By Technology (IoT and Analytics, AI in Warehouse), By Application (Transport Management, Inventory Management), By Geographic Scope And Forecast

Visualize Electronic Article Surveillance System (EAS) Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: [email protected]
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg

SOURCE Verified Market Research