Electronic Article Surveillance( EAS) System Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research
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Electronic Article Surveillance( EAS) System Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research
Projected to grow at a CAGR of around 3 %, electronic article surveillance market is to witness a significant growth over the forecast period owing to increasing retail shrinkage globally. Retail shrinkage has led to significant losses for many retailers. Increasing retail industry is expected to have a positive impact on the market growth.
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Shoplifting techniques have also advanced in these years as thieves are finding ways to exploit the technology and steal the products smartly. This has encouraged many retailers to adopt highly sophisticated anti-theft techniques such as EAS systems to protect their products from shoplifting. EAS systems component consist of electronic antenna, deactivator or detacher and electronic tag. EAS tag is being used by retailers to prevent
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