Electronic Article Surveillance System Market By Size, Share, and Forecast 2029

Summary

Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 1.4 Billion
Market Size (2029)	USD 1.78 Billion
CAGR (2024-2029)	3.9%
Fastest Growing Segment	Antennas
Largest Market	North America

Market Overview

Global Electronic Article Surveillance System Market has valued at USD 1.4 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 3.9% through 2029F. The Global Electronic Article Surveillance System Market is witnessing substantial growth as it plays a pivotal role in addressing the escalating issue of retail theft and the need for comprehensive loss prevention solutions. This market encompasses a wide array of electronic security systems designed to protect merchandise in retail stores, libraries, and other commercial settings. Factors driving its expansion include a surge in organized retail crime, which results in significant financial losses for businesses, and a heightened focus on minimizing inventory shrinkage. These systems typically consist of tags, labels, and antennas that work in tandem to trigger alarms when an item with an active tag passes through an exit without proper deactivation or removal. Advancements in EAS technology, such as RFID integration and digital surveillance capabilities, are further propelling the market's growth. The adoption of these systems is expected to continue its upward trajectory as businesses increasingly recognize the value of safeguarding their assets, improving operational efficiency, and enhancing the overall shopping experience for customers.

Key Market Drivers

Retail Theft Epidemic

The Global Electronic Article Surveillance (EAS) System Market is primarily driven by the alarming surge in retail theft, which has reached epidemic proportions. Retailers worldwide are grappling with the escalating challenge of organized retail crime, shoplifting, and employee theft, collectively contributing to billions of dollars in annual losses. EAS systems have emerged as a critical tool in combating this rampant theft. These systems consist of electronic tags or labels that are affixed to merchandise, alongside detection antennas placed at store exits. When an item with an active tag passes through an exit without proper deactivation or removal, the system triggers an alarm, deterring potential thieves and alerting store staff. This vital security feature not only prevents losses but also acts as a powerful deterrent, discouraging theft in the first place. As the global retail industry continues to expand and diversify, the need for effective loss prevention solutions like EAS systems becomes increasingly pronounced, further fueling the market's growth.

Enhanced Inventory Management

Another significant driver propelling the growth of the Global Electronic Article Surveillance System Market is the increasing emphasis on improving inventory management within the retail sector. EAS systems are instrumental in streamlining the inventory tracking process. By employing electronic tags or labels with RFID (Radio-Frequency Identification) technology, retailers can not only secure their merchandise but also gain real-time visibility into their stock levels. This enhanced inventory management capability allows businesses to optimize stock replenishment, reduce overstock and stockouts, and boost overall operational efficiency. The data collected from EAS systems can inform retailers about popular products and consumer behavior, helping them make informed decisions and better cater to customer preferences. The role of EAS systems in transforming retail operations from a loss prevention tool into a valuable asset for improving inventory control has made them a must-have technology in the modern retail landscape.

Global Expansion of Retail Chains

The rapid global expansion of retail chains, including supermarkets, department stores, and apparel outlets, is a key driver contributing to the growth of the Electronic Article Surveillance System Market. As retail businesses expand their footprint to reach diverse markets, they face unique challenges related to loss prevention, inventory management, and store security. EAS systems provide a standardized, scalable solution that can be deployed across multiple locations, ensuring a consistent approach to asset protection. With a single management system, retail chains can monitor and secure their merchandise worldwide. This has become especially critical as consumer demand for well-known brands and consistent shopping experiences drives the expansion of global retail chains. EAS systems help these retailers safeguard their products, maintain brand reputation, and ensure a secure shopping environment for customers, thereby fostering their global growth.

Technological Advancements in EAS Systems

The Global Electronic Article Surveillance System Market is experiencing robust growth due to ongoing technological advancements in EAS systems. Traditional EAS systems were primarily based on acousto-magnetic (AM) or electromagnetic (EM) technology. However, contemporary EAS solutions have evolved to incorporate RFID (Radio-Frequency Identification) technology, which offers enhanced performance and a broader range of capabilities. RFID-based EAS systems not only secure merchandise but also enable retailers to track items in real-time, monitor inventory, and gather valuable data for analytics. The integration of digital surveillance and cloud-based solutions further enhances the functionality of EAS systems, providing retailers with a comprehensive security and management tool. As technology continues to advance, EAS systems are becoming more sophisticated and adaptable, offering retailers greater flexibility and control in securing their assets and enhancing their operations.

Retail Customer Experience Enhancement

The desire to enhance the overall customer shopping experience is a significant driver in the growth of the Global Electronic Article Surveillance System Market. In today's competitive retail landscape, customer satisfaction and loyalty are paramount. Retailers are increasingly adopting EAS systems that not only serve as security measures but also minimize friction in the shopping process. By integrating these systems seamlessly into the shopping environment, retailers can create a more enjoyable and hassle-free experience for customers. Shoppers are less likely to encounter disruptions from alarms or security personnel, resulting in a more relaxed and enjoyable visit to the store. Furthermore, EAS systems enable open merchandising, allowing customers to interact with products without physical barriers, fostering a more tactile and engaging shopping experience. As retailers recognize the importance of customer satisfaction and repeat business, the market for EAS systems continues to expand, driven by the goal of harmonizing security with an improved shopping experience.

Download Free Sample Report

Key Market Challenges

High Initial Implementation Costs

One of the foremost challenges facing the Global Electronic Article Surveillance (EAS) System Market is the high initial implementation costs associated with these security solutions. Deploying an EAS system involves purchasing electronic tags or labels, antennas, deactivation equipment, and the necessary software and hardware infrastructure. These upfront expenses can be a significant barrier for small and medium-sized retailers, who may find it challenging to justify the initial investment. The cost can vary depending on the size and complexity of the store, making it a formidable challenge for budget-conscious businesses. The ongoing expenses related to maintenance, tag replacement, and software updates can also strain the financial resources of retailers. As a result, addressing the issue of affordability and finding ways to offer cost-effective EAS solutions will be crucial in expanding the market's reach.

Integration with Existing Systems

The integration of EAS systems with existing retail technologies and infrastructure poses a substantial challenge for businesses. Many retailers already have established point-of-sale (POS) systems, security systems, and inventory management software in place. Implementing an EAS system that seamlessly integrates with these existing systems is crucial for operational efficiency and data accuracy. However, achieving this integration can be complex and may require custom software development and hardware modifications. Compatibility issues between EAS technology and legacy systems can lead to operational disruptions, data discrepancies, and increased costs. Overcoming this integration challenge is essential to ensure a smooth adoption of EAS systems without causing disruptions to existing retail operations.

Tag and Label Compromises

A significant challenge in the Global Electronic Article Surveillance System Market is the constant cat-and-mouse game between retailers and shoplifters. As EAS technology advances, so do the tactics employed by thieves to circumvent these systems. Shoplifters often attempt to disable or remove EAS tags or labels, rendering them ineffective. Counterfeit or deactivated EAS tags and labels may be covertly placed on merchandise, allowing criminals to steal without triggering alarms. Retailers must continually update and improve their EAS technology to stay ahead of these evolving tactics, which can be resource-intensive and time-consuming. In turn, this necessitates ongoing investments in research and development to create more tamper-resistant tags and labels that maintain their effectiveness over time. Finding solutions to address these tag and label compromises is an ongoing challenge in the EAS market.

Privacy and Data Security Concerns

With the increasing adoption of EAS systems, concerns regarding customer privacy and data security have emerged as a substantial challenge. These systems often rely on RFID technology to track and manage inventory, which involves collecting and storing data related to products and, potentially, customer behavior. While this data can offer valuable insights for retailers, it also raises concerns about the security and privacy of the information. Data breaches and misuse of customer data are significant risks, and retailers must implement robust cybersecurity measures and adhere to stringent data protection regulations. Striking a balance between leveraging the data for operational and marketing purposes while respecting customer privacy and safeguarding data security is a complex challenge that the EAS industry must address as it continues to grow and evolve. Failure to do so can lead to reputational damage and legal consequences for businesses operating in this market.

Key Market Trends

Integration with IoT and AI Technologies

A prominent trend in the Global Electronic Article Surveillance (EAS) System Market is the integration of EAS technology with Internet of Things (IoT) and Artificial Intelligence (AI) solutions. Retailers are increasingly leveraging IoT sensors and AI-driven analytics to enhance the capabilities of their EAS systems. This integration allows for more sophisticated tracking and monitoring of merchandise, providing real-time insights into inventory levels, consumer behavior, and store operations. EAS systems equipped with AI can detect suspicious patterns and optimize alarm triggers, reducing false alarms and enhancing loss prevention efforts. Furthermore, IoT connectivity enables EAS systems to communicate with other retail devices and platforms, streamlining operations and creating a more interconnected retail ecosystem.

Eco-friendly and Sustainable EAS Solutions

Sustainability and environmental consciousness are emerging as significant trends in the EAS market. Retailers are increasingly seeking eco-friendly EAS solutions that reduce their carbon footprint. This trend includes the development of reusable and recyclable EAS tags and labels, as well as the adoption of energy-efficient antennas and deactivation devices. There is a growing interest in EAS technologies that reduce the use of single-use plastics and toxic materials in tags and labels. As consumers become more environmentally aware, retailers are recognizing the value of sustainable EAS solutions for both reducing environmental impact and aligning with customer values.

Mobile EAS Solutions and Contactless Shopping

The rise of mobile EAS solutions and contactless shopping trends is reshaping the retail landscape. With the increasing use of smartphones, retailers are developing mobile EAS applications that allow customers to scan items with their phones, enabling seamless checkout experiences. These mobile solutions often integrate with EAS systems, automatically deactivating or removing security tags when items are paid for, enhancing the shopping experience. In addition to reducing friction in the buying process, this trend aligns with the demand for contactless shopping, which has surged in response to health and safety concerns, making it a relevant solution for the post-pandemic retail world.

Global Expansion of EAS Adoption

The adoption of EAS systems is experiencing a global expansion, with emerging markets and small-to-medium-sized enterprises (SMEs) increasingly recognizing the value of these solutions. As organized retail crime continues to affect businesses across the world, the need for effective loss prevention measures is growing in regions that were previously underserved by EAS technology. Emerging economies are witnessing a surge in retail infrastructure, and as these markets mature, EAS systems are becoming a fundamental component of their security strategies. SMEs, in particular, are embracing EAS technology as it becomes more affordable and accessible, thereby broadening the global reach of the EAS market.

Hybrid EAS Systems

A notable trend in the EAS market is the emergence of hybrid EAS systems that combine different technologies to address multiple security and operational needs. These systems often incorporate RF (Radio Frequency), AM (Acousto-Magnetic), and RFID technologies in a single, integrated solution. Hybrid EAS systems offer a more comprehensive approach to loss prevention and inventory management, as they can simultaneously secure merchandise, track inventory, and gather data for analytics. This trend aligns with retailers' demands for versatile and customizable solutions that adapt to their specific requirements. Hybrid EAS systems are becoming increasingly popular as they provide retailers with a one-stop solution to enhance security, efficiency, and insights into their operations.

Segmental Insights

Type Insights

The Radiofrequency type segment emerged as the dominant force in the Global Electronic Article Surveillance (EAS) System Market, and this dominance is projected to persist throughout the forecast period. The "Radiofrequency" technology has gained widespread acceptance due to its effectiveness, versatility, and cost-efficiency. It operates by using radio waves to detect security tags placed on merchandise, triggering an alarm when these tags pass through the system's detection field. The dominance of the "Radiofrequency" segment can be attributed to several key factors. Firstly, RF-based EAS systems offer a balanced approach between effective theft deterrence and operational convenience. These systems provide reliable security for a wide range of retail merchandise, from clothing and electronics to groceries, making them applicable across various retail sectors. Secondly, the flexibility and scalability of RF technology have made it accessible to businesses of all sizes, including small and medium-sized enterprises (SMEs). The technology's non-contact nature aligns well with modern shopping experiences, particularly in the context of contactless retail. As the retail landscape continues to evolve, with an emphasis on seamless shopping experiences and efficient loss prevention, the "Radiofrequency" type is well-positioned to maintain its dominance as the preferred choice for EAS technology in the coming years. Its adaptability and proven track record make it a reliable solution for addressing the persistent challenges of retail theft and inventory management.

Application Insights

The "Clothing and Fashion Accessories" application segment asserted its dominance in the Global Electronic Article Surveillance (EAS) System Market, and this dominance is anticipated to endure during the forecast period. This segment's prominence can be attributed to several compelling reasons. Firstly, the apparel and fashion industry has long been plagued by high rates of theft due to the relatively small and valuable nature of clothing items, making them attractive targets for shoplifters. EAS systems are essential for securing these items effectively. Secondly, the "Clothing and Fashion Accessories" segment has witnessed a continuous demand for advanced loss prevention measures, driven by the high-value nature of the products and the need to maintain a pleasant and accessible shopping environment. As the fashion industry constantly evolves with rapidly changing trends and seasonal collections, EAS systems play a crucial role in protecting valuable inventory and enhancing inventory management. Furthermore, the "Clothing and Fashion Accessories" segment has been proactive in adopting EAS technology that complements the aesthetics and in-store experience, making it a suitable choice for retailers aiming to create an inviting atmosphere while ensuring the safety of their high-value merchandise. As the fashion and apparel industry continues to expand and innovate, the demand for EAS systems to protect valuable products is set to persist, cementing the dominance of the "Clothing and Fashion Accessories" application segment in the global market.

Download Free Sample Report

Regional Insights

The North America region stood out as the dominant force in the Global Electronic Article Surveillance (EAS) System Market, and it is anticipated to continue its dominance during the forecast period. Several factors contribute to the region's prominence. Firstly, North America has a highly developed and diverse retail sector, ranging from large supermarket chains to boutique stores and department stores. The prevalence of organized retail crime and the need for advanced loss prevention solutions have driven the widespread adoption of EAS systems across these various retail formats. The region's early and robust embrace of technology and innovation has led to the rapid integration of advanced EAS technologies, such as RFID-based solutions, creating efficient and reliable security measures. Moreover, North America's strong economic conditions and the presence of key EAS system providers have fueled growth in this market, offering a wide range of solutions to meet the diverse needs of businesses. The region's commitment to enhancing the customer shopping experience and maintaining inventory accuracy aligns with the benefits offered by EAS systems. As North American retailers strive to balance the twin goals of loss prevention and operational efficiency, they are expected to continue relying on EAS technology, ensuring the region's sustained dominance in the global EAS market for the foreseeable future.

Recent Developments

In June 2023, Controltek unveiled a pioneering online RFID resource center, representing a notable stride in asset tracking, inventory management, and RFID for electronic article surveillance (EAS). This virtual platform acts as an all-encompassing online destination, furnishing enterprises with essential insights, awareness, and educational resources in the domain of RFID technology.

Key Market Players

Checkpoint Systems, Inc.
Nedap N.V.
Johnson Controls International Plc
Avery Dennison Corporation
Agon Systems Ltd.
All-Tag Corporation
Industrial Security Solutions
Securitas Technology Corporation
Sentry Technology Corporation
WG Security Products, Inc

By Component	By Type	By Application	By Region
Tags Antennas Detachers	Magneto-Harmonic Acousto-Magnetic Radiofrequency Microwave	Clothing and Fashion Accessories Cosmetics Supermarkets and Mass Merchandise Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Electronic Article Surveillance System Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Electronic Article Surveillance System Market, By Component:

o Tags

o Antennas

o Detachers

Electronic Article Surveillance System Market, By Type:

o Magneto-Harmonic

o Acousto-Magnetic

o Radiofrequency

o Microwave

Electronic Article Surveillance System Market, By Application:

o Clothing and Fashion Accessories

o Cosmetics

o Supermarkets and Mass Merchandise

o Others

Electronic Article Surveillance System Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

§ Belgium

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

§ Indonesia

§ Vietnam

o South America

§ Brazil

§ Argentina

§ Colombia

§ Chile

§ Peru

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

§ Israel

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Electronic Article Surveillance System Market.

Available Customizations:

Global Electronic Article Surveillance System market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Electronic Article Surveillance System Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Formulation of the Scope

2.4. Assumptions and Limitations

2.5. Sources of Research

2.5.1. Secondary Research

2.5.2. Primary Research

2.6. Approach for the Market Study

2.6.1. The Bottom-Up Approach

2.6.2. The Top-Down Approach

2.7. Methodology Followed for Calculation of Market Size & Market Shares

2.8. Forecasting Methodology

2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Impact of COVID-19 on Global Electronic Article Surveillance System Market

5. Voice of Customer

6. Global Electronic Article Surveillance System Market Overview

7. Global Electronic Article Surveillance System Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type (Magneto-Harmonic, Acousto-Magnetic, Radiofrequency, Microwave)

7.2.2. By Application (Clothing and Fashion Accessories, Cosmetics, Supermarkets and Mass Merchandise, Others)

7.2.3. By Components (Tags, Antennas, Detachers)

7.2.4. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.3. By Company (2023)

7.4. Market Map

8. North America Electronic Article Surveillance System Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Component

8.2.2. By Type

8.2.3. By Application

8.2.4. By Country

8.3. North America: Country Analysis

8.3.1. United States Electronic Article Surveillance System Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Component

8.3.1.2.2. By Type

8.3.1.2.3. By Application

8.3.2. Canada Electronic Article Surveillance System Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Component

8.3.2.2.2. By Type

8.3.2.2.3. By Application

8.3.3. Mexico Electronic Article Surveillance System Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Component

8.3.3.2.2. By Type

8.3.3.2.3. By Application

9. Europe Electronic Article Surveillance System Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Component

9.2.2. By Type

9.2.3. By Application

9.2.4. By Country

9.3. Europe: Country Analysis

9.3.1. Germany Electronic Article Surveillance System Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Component

9.3.1.2.2. By Type

9.3.1.2.3. By Application

9.3.2. France Electronic Article Surveillance System Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Component

9.3.2.2.2. By Type

9.3.2.2.3. By Application

9.3.3. United Kingdom Electronic Article Surveillance System Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Component

9.3.3.2.2. By Type

9.3.3.2.3. By Application

9.3.4. Italy Electronic Article Surveillance System Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Component

9.3.4.2.2. By Type

9.3.4.2.3. By Application

9.3.5. Spain Electronic Article Surveillance System Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Component

9.3.5.2.2. By Type

9.3.5.2.3. By Application

9.3.6. Belgium Electronic Article Surveillance System Market Outlook

9.3.6.1. Market Size & Forecast

9.3.6.1.1. By Value

9.3.6.2. Market Share & Forecast

9.3.6.2.1. By Component

9.3.6.2.2. By Type

9.3.6.2.3. By Application

10. South America Electronic Article Surveillance System Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Component

10.2.2. By Type

10.2.3. By Application

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Electronic Article Surveillance System Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Component

10.3.1.2.2. By Type

10.3.1.2.3. By Application

10.3.2. Colombia Electronic Article Surveillance System Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Component

10.3.2.2.2. By Type

10.3.2.2.3. By Application

10.3.3. Argentina Electronic Article Surveillance System Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Component

10.3.3.2.2. By Type

10.3.3.2.3. By Application

10.3.4. Chile Electronic Article Surveillance System Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Component

10.3.4.2.2. By Type

10.3.4.2.3. By Application

10.3.5. Peru Electronic Article Surveillance System Market Outlook

10.3.5.1. Market Size & Forecast

10.3.5.1.1. By Value

10.3.5.2. Market Share & Forecast

10.3.5.2.1. By Component

10.3.5.2.2. By Type

10.3.5.2.3. By Application

11. Middle East & Africa Electronic Article Surveillance System Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Component

11.2.2. By Type

11.2.3. By Application

11.2.4. By Country

11.3. Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia Electronic Article Surveillance System Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Component

11.3.1.2.2. By Type

11.3.1.2.3. By Application

11.3.2. UAE Electronic Article Surveillance System Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Component

11.3.2.2.2. By Type

11.3.2.2.3. By Application

11.3.3. South Africa Electronic Article Surveillance System Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Component

11.3.3.2.2. By Type

11.3.3.2.3. By Application

11.3.4. Turkey Electronic Article Surveillance System Market Outlook

11.3.4.1. Market Size & Forecast

11.3.4.1.1. By Value

11.3.4.2. Market Share & Forecast

11.3.4.2.1. By Component

11.3.4.2.2. By Type

11.3.4.2.3. By Application

11.3.5. Israel Electronic Article Surveillance System Market Outlook

11.3.5.1. Market Size & Forecast

11.3.5.1.1. By Value

11.3.5.2. Market Share & Forecast

11.3.5.2.1. By Component

11.3.5.2.2. By Type

11.3.5.2.3. By Application

12. Asia Pacific Electronic Article Surveillance System Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value

12.2. Market Share & Forecast

12.2.1. By Component

12.2.2. By Type

12.2.3. By Application

12.2.4. By Country

12.3. Asia-Pacific: Country Analysis

12.3.1. China Electronic Article Surveillance System Market Outlook

12.3.1.1. Market Size & Forecast

12.3.1.1.1. By Value

12.3.1.2. Market Share & Forecast

12.3.1.2.1. By Component

12.3.1.2.2. By Type

12.3.1.2.3. By Application

12.3.2. India Electronic Article Surveillance System Market Outlook

12.3.2.1. Market Size & Forecast

12.3.2.1.1. By Value

12.3.2.2. Market Share & Forecast

12.3.2.2.1. By Component

12.3.2.2.2. By Type

12.3.2.2.3. By Application

12.3.3. Japan Electronic Article Surveillance System Market Outlook

12.3.3.1. Market Size & Forecast

12.3.3.1.1. By Value

12.3.3.2. Market Share & Forecast

12.3.3.2.1. By Component

12.3.3.2.2. By Type

12.3.3.2.3. By Application

12.3.4. South Korea Electronic Article Surveillance System Market Outlook

12.3.4.1. Market Size & Forecast

12.3.4.1.1. By Value

12.3.4.2. Market Share & Forecast

12.3.4.2.1. By Component

12.3.4.2.2. By Type

12.3.4.2.3. By Application

12.3.5. Australia Electronic Article Surveillance System Market Outlook

12.3.5.1. Market Size & Forecast

12.3.5.1.1. By Value

12.3.5.2. Market Share & Forecast

12.3.5.2.1. By Component

12.3.5.2.2. By Type

12.3.5.2.3. By Application

12.3.6. Indonesia Electronic Article Surveillance System Market Outlook

12.3.6.1. Market Size & Forecast

12.3.6.1.1. By Value

12.3.6.2. Market Share & Forecast

12.3.6.2.1. By Component

12.3.6.2.2. By Type

12.3.6.2.3. By Application

12.3.7. Vietnam Electronic Article Surveillance System Market Outlook

12.3.7.1. Market Size & Forecast

12.3.7.1.1. By Value

12.3.7.2. Market Share & Forecast

12.3.7.2.1. By Component

12.3.7.2.2. By Type

12.3.7.2.3. By Application

13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends and Developments

15. Company Profiles

15.1. Checkpoint Systems, Inc.

15.1.1. Business Overview

15.1.2. Key Revenue and Financials

15.1.3. Recent Developments

15.1.4. Key Personnel/Key Contact Person

15.1.5. Key Product/Services Offered

15.2. Nedap N.V.

15.2.1. Business Overview

15.2.2. Key Revenue and Financials

15.2.3. Recent Developments

15.2.4. Key Personnel/Key Contact Person

15.2.5. Key Product/Services Offered

15.3. Johnson Controls International Plc

15.3.1. Business Overview

15.3.2. Key Revenue and Financials

15.3.3. Recent Developments

15.3.4. Key Personnel/Key Contact Person

15.3.5. Key Product/Services Offered

15.4. Avery Dennison Corporation

15.4.1. Business Overview

15.4.2. Key Revenue and Financials

15.4.3. Recent Developments

15.4.4. Key Personnel/Key Contact Person

15.4.5. Key Product/Services Offered

15.5. Agon Systems Ltd.

15.5.1. Business Overview

15.5.2. Key Revenue and Financials

15.5.3. Recent Developments

15.5.4. Key Personnel/Key Contact Person

15.5.5. Key Product/Services Offered

15.6. All-Tag Corporation

15.6.1. Business Overview

15.6.2. Key Revenue and Financials

15.6.3. Recent Developments

15.6.4. Key Personnel/Key Contact Person

15.6.5. Key Product/Services Offered

15.7. Industrial Security Solutions

15.7.1. Business Overview

15.7.2. Key Revenue and Financials

15.7.3. Recent Developments

15.7.4. Key Personnel/Key Contact Person

15.7.5. Key Product/Services Offered

15.8. Securitas Technology Corporation

15.8.1. Business Overview

15.8.2. Key Revenue and Financials

15.8.3. Recent Developments

15.8.4. Key Personnel/Key Contact Person

15.8.5. Key Product/Services Offered

15.9. Sentry Technology Corporation

15.9.1. Business Overview

15.9.2. Key Revenue and Financials

15.9.3. Recent Developments

15.9.4. Key Personnel/Key Contact Person

15.9.5. Key Product/Services Offered

15.10. WG Security Products, Inc

15.10.1. Business Overview

15.10.2. Key Revenue and Financials

15.10.3. Recent Developments

15.10.4. Key Personnel/Key Contact Person

15.10.5. Key Product/Services Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Electronic Article Surveillance System Market in 2023?

The market size of the Global Electronic Article Surveillance System Market has USD 1.4 Billion in 2023.

Which was the dominant segment by Application in the Global Electronic Article Surveillance System Market in 2023?

The dominant segment by application in the global electronic article surveillance (EAS) system market in 2023 is the Clothing and Fashion Accessories segment.

Which is the dominant region in the Global Electronic Article Surveillance System Market?

The dominant region in the Global Electronic Article Surveillance System Market is North America. The region has a strong presence of major retail chains, high adoption of advanced security technologies, and stringent regulations, driving the demand for electronic article surveillance systems.

What are the major drivers for the Global Electronic Article Surveillance System Market?

The major drivers for the Global Electronic Article Surveillance System Market include the increasing incidents of retail theft and shoplifting, the rise of organized retail crime, the need for enhanced retail security, and the adoption of advanced technologies for loss prevention.

Related Reports

Sakshi Bajaal

Business Consultant

Talk To Analyst

Press Release

Electronic Article Surveillance System Market is expected to register a CAGR of 3.9% during the forecast period

Jun, 2024

The Global Electronic Article Surveillance System Market is rising due to increasing retail theft and the need for loss prevention solutions in the forecast period 2025-2029F.

Buy Now