The electronic article surveillance market is expected to grow at a CAGR 2.97% rate during the forecast period.

Modernizing retail sector and protection against inventory losses, shoplifting, and theft are the major driving factors for the markets growth during the forecast period. Factors such as the evolution of the retail sector, an increasing number of retailers are deploying retail automation solutions based on innovative technologies, including EAS, to provide services that are flexible as well as easy to access for both retailers and customers are expected to drive the market.Tags expected to lead the electronic article surveillance market. Tags provide superior protection for goods to reduce theft and shoplifting. The functioning of a majority of tags and labels is relatively similar in terms of detection performance by the security antenna located at the doors. Majority of the demand for tags is generated from apparel and fashion accessories stores, due to the growing number of consumers, the number of retail stores is also rising at a rapid pace, propelling the growth of the electronic article surveillance market for tags.

Radio Frequency technology expected to hold a major share of the electronic article surveillance market during the forecast period. At present, RF technology holds the major share of the electronic article surveillance market, and a similar trend is expected to continue during the forecast period. The growth of RF technology is driven by the growing usage of RF technology based components in the end users including apparel & fashion accessories stores, supermarket & mass merchandise stores, and drug & health product stores.
View Complete Report: https://whipsmartmi.com/report/electronic-article-surveillance-market
4. Executive Summary

5. Electronic Article Surveillance Market, By Component
5.1. Tag
5.2. Antennas
5.3. Deactivators/detachers

6. Electronic Article Surveillance Market, By Technology
6.1. Acoustomagnetic
6.2. Electromagnetic
6.3. Radio frequency
6.4. Microwave

7. Electronic Article Surveillance Market, By End User
7.1. Apparel and fashion accessories stores
7.2. Supermarkets and mass merchandise stores
7.3. Drug and health product stores
7.4. Others

8. Electronic Article Surveillance Market, By Region
8.1. North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
8.2. Europe
8.2.1. UK
8.2.2. Germany
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Rest of Europe
8.3. Asia Pacific
8.3.1. Japan
8.3.2. China
8.3.3. India
8.3.4. South Korea
8.3.5. Rest of APAC
8.4. Rest of the World
8.4.1. South America
8.4.2. Middle East and Africa
Request a Sample of this Report: @ https://whipsmartmi.com/sample/es0223/Electronic-Article-Surveillance-Market
Explore other reports from” Semiconductor and Electronics” sector @
https://whipsmartmi.com/Category/Semiconductor-and-Electronics
Contact Us:
Neeraj
WhipSmart Market Intelligence
7264 Magistrate Terrace,
Mississauga,
Ontario L5W 1H8
Canada
[email protected]