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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