Electronic Article Surveillance Market by Component (Electronic Tags, Antennas, Detachers), by End-User (Clothing & Fashion Accessories Stores, Cosmetic & Pharmacy, Supermarket, Mass Merchandise Stores, Health Product Store, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The Electronic Article Surveillance Market size was valued at USD 1.61 USD billion in 2023 and is projected to reach USD 2.74 USD billion by 2032, exhibiting a CAGR of 7.9 % during the forecast period. Electronic Article Surveillance (EAS) refers to a security system designed to prevent theft in retail environments. It utilizes electronic tags or labels attached to merchandise, which trigger an alarm if the items are taken past a designated exit without proper deactivation. Common types of EAS systems include Radio Frequency (RF), Acousto-Magnetic (AM), and Electro-Magnetic (EM), each employing different technology to detect unauthorized removal. Features of EAS systems include the ability to monitor high-risk areas, integrate with store management systems, and provide real-time alerts. They are widely applied in retail stores, libraries, and other commercial spaces to safeguard inventory, deter theft, and enhance overall security measures.
Component:
End-User:
The electronic article surveillance market is poised for continued growth due to increasing security concerns, technological advancements, and government regulations. Early adoption of innovative solutions will enable retailers to mitigate losses, improve operational efficiency, and enhance the customer experience.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 7.9% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 7.9% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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