The electronic article surveillance market is expected to grow from US$ 1,116.07 million in 2022 to US$ 1,484.00 million by 2028; it is estimated to register a CAGR of 4.9% from 2022 to 2028.

The retail industry in Europe has experienced significant growth owing to the growing adoption of omnichannel business strategies by several retail brands. For instance, European brands such as Nordstrom and Louis Vuitton have significantly adopted the omnichannel model for business. The region is also experiencing a significant rise in the number of retail outlets. For instance, in February 2023, Reserved announced its plans to open several new stores across the UK. Similarly, in May 2021, Action announced its plans to open 200 new stores across Europe over the next five years. Electronic article surveillance is increasingly adopted across retail stores to monitor inventory and signal the management if any product is leaving the retail campus without billing. This is majorly adopted to reduce shoplifting cases. Thus, the rise in the number of retail stores across the region is driving the demand for electronic article surveillance, thereby contributing to the electronic article surveillance market growth.

Electronic article surveillance has a major application in the apparel & fashion accessories industry. The presence of global fashion brands such as H&M, ASOS, Prada, Burberry, Levi’s, Gucci, Benetton, Ted Baker, and Promod, coupled with their investment to expand the number of retail outlets across the region, is boosting the demand for electronic article surveillance in the fashion industry. For instance, in November 2022, Goldsmiths announced its plan to expand its operations across Europe by opening a new luxury concept store in England. Similarly, in August 2022, H&M opened its new stores in Costa Rica and North Macedonia. These factors are further contributing to the rise in demand for security solutions across the stores, thus, contributing to the growth of the Europe electronic article surveillance market.

Impact of COVID-19 Pandemic on Electronic Article Surveillance Market

The COVID-19 crisis drastically affected two huge markets—India and China. Lockdowns and temporary shutdowns of manufacturing plants across major countries in Asia Pacific led to the disruption of the supply chain of various raw materials and goods. Further, as governments of various countries such as India and Japan announced a state of emergency due to the pandemic, several essential retail businesses that offered food and daily necessities remained operational. The retail industry was severely affected since governments of various countries forced people to quarantine themselves, which restricted face-to-face services in stores. As a result, the preference for online purchasing significantly increased, which boosted the demand for electronic article surveillance in stores. The shutdown of manufacturing industries, supply chain disruptions, and low consumer demands were the primary implications of the COVID-19 pandemic, which highly impacted the electronic article surveillance market growth.

Germany experienced a rise in the launch of new supermarkets in 2022. In December 2022, a new “Pick&Go” supermarket, in partnership with REWE Group, opened in Munich, Germany. It is Germany’s first fully-autonomous cashier-less supermarket. The REWE Group, a grocery giant, has over 3,700 stores in Germany. Rise in new supermarkets and presence of grocery stores will augment the growth for electronic article surveillance market during the forecast period. Moreover, manufacturers engaged in providing electronic article surveillance solutions attend exhibitions and shows in Germany to showcase their technologies. For instance, in June 2022, SML’s European team attended and provided knowledge about item-level RFID solutions in EuroCIS 2022, Europe’s largest retail technology show, in Dusseldorf, Germany. The company provides item-level RFID solutions, and it was a great opportunity for the company to attract customers. The show was attended by more than 9,000 visitors. Through this show, the company was able to showcase its products to more than 9,000 visitors and 345 exhibitors from 85 countries. Such actions by companies will help them market their product, fueling the growth of the electronic article surveillance market during the forecast period.

The overall electronic article surveillance market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the electronic article surveillance market. The process also serves the purpose of obtaining an overview and forecast of the electronic article surveillance market size with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. The participants of this process include VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the electronic article surveillance market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Electronic Article Surveillance Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Electronic Article Surveillance Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Retail Outlets by Global Brands
5.1.2 Growing Product Development Initiatives by Global Players
5.1.3 Rising Number of Supermarkets
5.2 Market Restraints
5.2.1 High Presence of Unorganized Retail Sector
5.3 Market Opportunities
5.3.1 Increasing Construction of Commercial Complexes
5.4 Future Trends
5.4.1 Technology Integration in Electronic Article Surveillance Systems
5.5 Impact Analysis of Drivers and Restraints
6. Electronic Article Surveillance Market – Global Market Analysis
6.1 Global Electronic Article Surveillance Market Overview
6.2 Global Electronic Article Surveillance Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
7. Electronic Article Surveillance Market Revenue and Forecast to 2028 – Component
7.1 Overview
7.2 Electronic Article Surveillance Market, By Component (2021 & 2028)
7.3 Electronic Tag
7.3.1 Overview
7.3.2 Electronic Tag: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.4 Electronic Antenna
7.4.1 Overview
7.4.2 Electronic Antenna: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.5 Detacher/Deactivator
7.5.1 Overview
7.5.2 Detacher/Deactivator: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8. Electronic Article Surveillance Market Revenue and Forecast to 2028 – Product Type
8.1 Overview
8.2 Electronic Article Surveillance Market, By Product Type (2021 & 2028)
8.3 Radio-frequency Systems
8.3.1 Overview
8.3.2 Radio-frequency Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.4 Acousto-Magnetic Systems
8.4.1 Overview
8.4.2 Acousto-Magnetic Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.5 Electromagnetic Systems
8.5.1 Overview
8.5.2 Electromagnetic Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.6 Microwave Systems
8.6.1 Overview
8.6.2 Microwave Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9. Electronic Article Surveillance Market Revenue and Forecast to 2028 – Application
9.1 Overview
9.2 Electronic Article Surveillance Market, By Application (2021 & 2028)
9.3 Apparel and Fashion Accessories
9.3.1 Overview
9.3.2 Apparel and Fashion Accessories: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9.4 Cosmetic and Pharmaceuticals
9.4.1 Overview
9.4.2 Cosmetic and Pharmaceuticals: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9.5 Supermarkets and Grocery Stores
9.5.1 Overview
9.5.2 Supermarkets and Grocery Stores: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
10. Electronic Article Surveillance Market – Geographic Analysis
10.1 Overview
10.2 North America: Electronic Article Surveillance Market
10.2.1 North America: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Electronic Article Surveillance Market, By Component
10.2.3 North America: Electronic Article Surveillance Market, by Product Type
10.2.4 North America: Electronic Article Surveillance Market, by Application
10.2.5 North America: Electronic Article Surveillance Market, by Key Country
10.2.5.1 US: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Electronic Article Surveillance Market, By Component
10.2.5.1.2 US: Electronic Article Surveillance Market, by Product Type
10.2.5.1.3 US: Electronic Article Surveillance Market, by Application
10.2.5.2 Canada: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Electronic Article Surveillance Market, By Component
10.2.5.2.2 Canada: Electronic Article Surveillance Market, by Product Type
10.2.5.2.3 Canada: Electronic Article Surveillance Market, by Application
10.2.5.3 Mexico: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Electronic Article Surveillance Market, By Component
10.2.5.3.2 Mexico: Electronic Article Surveillance Market, by Product Type
10.2.5.3.3 Mexico: Electronic Article Surveillance Market, by Application
10.3 Europe: Electronic Article Surveillance Market
10.3.1 Europe: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Electronic Article Surveillance Market, By Component
10.3.3 Europe: Electronic Article Surveillance Market, by Product Type
10.3.4 Europe: Electronic Article Surveillance Market, by Application
10.3.5 Europe: Electronic Article Surveillance Market, by Key Country
10.3.5.1 Germany: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Electronic Article Surveillance Market, By Component
10.3.5.1.2 Germany: Electronic Article Surveillance Market, by Product Type
10.3.5.1.3 Germany: Electronic Article Surveillance Market, by Application
10.3.5.2 France: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Electronic Article Surveillance Market, By Component
10.3.5.2.2 France: Electronic Article Surveillance Market, by Product Type
10.3.5.2.3 France: Electronic Article Surveillance Market, by Application
10.3.5.3 Italy: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Electronic Article Surveillance Market, By Component
10.3.5.3.2 Italy: Electronic Article Surveillance Market, by Product Type
10.3.5.3.3 Italy: Electronic Article Surveillance Market, by Application
10.3.5.4 UK: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Electronic Article Surveillance Market, By Component
10.3.5.4.2 UK: Electronic Article Surveillance Market, by Product Type
10.3.5.4.3 UK: Electronic Article Surveillance Market, by Application
10.3.5.5 Russia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Electronic Article Surveillance Market, By Component
10.3.5.5.2 Russia: Electronic Article Surveillance Market, by Product Type
10.3.5.5.3 Russia: Electronic Article Surveillance Market, by Application
10.3.5.6 Rest of Europe: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Electronic Article Surveillance Market, By Component
10.3.5.6.2 Rest of Europe: Electronic Article Surveillance Market, by Product Type
10.3.5.6.3 Rest of Europe: Electronic Article Surveillance Market, by Application
10.4 Asia Pacific: Electronic Article Surveillance Market
10.4.1 Asia Pacific: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Electronic Article Surveillance Market, By Component
10.4.3 Asia Pacific: Electronic Article Surveillance Market, by Product Type
10.4.4 Asia Pacific: Electronic Article Surveillance Market, by Application
10.4.5 Asia Pacific: Electronic Article Surveillance Market, by Key Country
10.4.5.1 Australia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Electronic Article Surveillance Market, By Component
10.4.5.1.2 Australia: Electronic Article Surveillance Market, by Product Type
10.4.5.1.3 Australia: Electronic Article Surveillance Market, by Application
10.4.5.2 China: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Electronic Article Surveillance Market, By Component
10.4.5.2.2 China: Electronic Article Surveillance Market, by Product Type
10.4.5.2.3 China: Electronic Article Surveillance Market, by Application
10.4.5.3 India: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Electronic Article Surveillance Market, By Component
10.4.5.3.2 India: Electronic Article Surveillance Market, by Product Type
10.4.5.3.3 India: Electronic Article Surveillance Market, by Application
10.4.5.4 Japan: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Electronic Article Surveillance Market, By Component
10.4.5.4.2 Japan: Electronic Article Surveillance Market, by Product Type
10.4.5.4.3 Japan: Electronic Article Surveillance Market, by Application
10.4.5.5 South Korea: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Electronic Article Surveillance Market, By Component
10.4.5.5.2 South Korea: Electronic Article Surveillance Market, by Product Type
10.4.5.5.3 South Korea: Electronic Article Surveillance Market, by Application
10.4.5.6 Rest of APAC: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Electronic Article Surveillance Market, By Component
10.4.5.6.2 Rest of APAC: Electronic Article Surveillance Market, by Product Type
10.4.5.6.3 Rest of APAC: Electronic Article Surveillance Market, by Application
10.5 MEA: Electronic Article Surveillance Market
10.5.1 MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Electronic Article Surveillance Market, By Component
10.5.3 MEA: Electronic Article Surveillance Market, by Product Type
10.5.4 MEA: Electronic Article Surveillance Market, by Application
10.5.5 MEA: Electronic Article Surveillance Market, by Key Country
10.5.5.1 Saudi Arabia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 Saudi Arabia: Electronic Article Surveillance Market, By Component
10.5.5.1.2 Saudi Arabia: Electronic Article Surveillance Market, by Product Type
10.5.5.1.3 Saudi Arabia: Electronic Article Surveillance Market, by Application
10.5.5.2 UAE: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 UAE: Electronic Article Surveillance Market, By Component
10.5.5.2.2 UAE: Electronic Article Surveillance Market, by Product Type
10.5.5.2.3 UAE: Electronic Article Surveillance Market, by Application
10.5.5.3 South Africa: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 South Africa: Electronic Article Surveillance Market, By Component
10.5.5.3.2 South Africa: Electronic Article Surveillance Market, by Product Type
10.5.5.3.3 South Africa: Electronic Article Surveillance Market, by Application
10.5.5.4 Rest of MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Electronic Article Surveillance Market, By Component
10.5.5.4.2 Rest of MEA: Electronic Article Surveillance Market, by Product Type
10.5.5.4.3 Rest of MEA: Electronic Article Surveillance Market, by Application
10.6 SAM: Electronic Article Surveillance Market
10.6.1 SAM: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Electronic Article Surveillance Market, By Component
10.6.3 SAM: Electronic Article Surveillance Market, by Product Type
10.6.4 SAM: Electronic Article Surveillance Market, by Application
10.6.5 SAM: Electronic Article Surveillance Market, by Key Country
10.6.5.1 Brazil: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Electronic Article Surveillance Market, By Component
10.6.5.1.2 Brazil: Electronic Article Surveillance Market, by Product Type
10.6.5.1.3 Brazil: Electronic Article Surveillance Market, by Application
10.6.5.2 Argentina: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Electronic Article Surveillance Market, By Component
10.6.5.2.2 Argentina: Electronic Article Surveillance Market, by Product Type
10.6.5.2.3 Argentina: Electronic Article Surveillance Market, by Application
10.6.6 Rest of SAM: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.6.6.1.1 Rest of SAM: Electronic Article Surveillance Market, By Component
10.6.6.1.2 Rest of SAM: Electronic Article Surveillance Market, by Product Type
10.6.6.1.3 Rest of SAM: Electronic Article Surveillance Market, by Application
11. Electronic Article Surveillance Market – COVID-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Agon Systems Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 ALL-TAG Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Amersec Sro
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Cross Point Middle East Technologies LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Feltron Security Systems LLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Ketec Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Shopguard Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tekno Electro Solutions Pvt Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Sensormatic Electronics Corp
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Checkpoint Systems Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Sabel Pty Ltd
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Nedap NV
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index

LIST OF TABLES

Table 1. Global Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 18. Germany: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Germany: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. France: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 21. France: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. France: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 23. Italy: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 24. Italy: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. UK: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 27. UK: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. UK: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 35. Asia Pacific: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 36. Asia Pacific: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. Asia Pacific: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Australia: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 39. Australia: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Australia: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 41. China: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 42. China: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 43. China: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. India: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 45. India: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 46. India: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 47. Japan: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 48. Japan: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. Japan: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. South Korea: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 51. South Korea: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 52. South Korea: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of APAC: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of APAC: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of APAC: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 56. MEA: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 57. MEA: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 58. MEA: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. Saudi Arabia: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 60. Saudi Arabia: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 61. Saudi Arabia: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 62. UAE: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 63. UAE: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 64. UAE: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 65. South Africa: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 66. South Africa: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 67. South Africa: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 68. Rest of MEA: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of MEA: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. Rest of MEA: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 71. SAM: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 72. SAM: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 73. SAM: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 74. Brazil: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 75. Brazil: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 76. Brazil: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 77. Argentina: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 78. Argentina: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 79. Argentina: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 80. Rest of SAM: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 81. Rest of SAM: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 82. Rest of SAM: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 83. List of Abbreviation

LIST OF FIGURES

Figure 1. Electronic Article Surveillance Market Segmentation
Figure 2. Electronic Article Surveillance Market Segmentation – By Geography
Figure 3. Global Electronic Article Surveillance Market Overview
Figure 4. Electronic Article Surveillance Market, by Component
Figure 5. Electronic Article Surveillance Market, by Application
Figure 6. Electronic Article Surveillance Market, by Geography
Figure 7. North America – PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. APAC – PEST Analysis
Figure 10. MEA – PEST Analysis
Figure 11. SAM – PEST Analysis
Figure 12. Electronic Article Surveillance Market – Ecosystem Analysis
Figure 13. Electronic Article Surveillance Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Electronic Article Surveillance Market
Figure 15. Global Electronic Article Surveillance Market Revenue Forecast and Analysis (US$ Million)
Figure 16. Electronic Article Surveillance Market, By Component (2021 & 2028)
Figure 17. Electronic Tag: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electronic Antenna: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Detacher/Deactivator: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Electronic Article Surveillance Market, By Product Type (2021 & 2028)
Figure 22. Radio-frequency Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Acousto-Magnetic Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Electromagnetic Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Microwave Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Electronic Article Surveillance Market, By Application (2021 & 2028)
Figure 27. Apparel and Fashion Accessories: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Cosmetic and Pharmaceuticals: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Fashion: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Global Electronic Article Surveillance Market Revenue Share, By Region (2021 & 2028)
Figure 31. North America: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 33. North America: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 34. North America: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 35. North America: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 36. US: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Canada: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Mexico: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 41. Europe: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 42. Europe: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 43. Europe: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 44. Germany: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. France: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Italy: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. UK: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Russia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Rest of Europe: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Asia Pacific: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Asia Pacific: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 52. Asia Pacific: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 53. Asia Pacific: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 54. Asia Pacific: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 55. Australia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. China: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. India: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. Japan: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. South Korea: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Rest of APAC: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. MEA: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 63. MEA: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 64. MEA: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 65. MEA: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 66. Saudi Arabia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. UAE: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. South Africa: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Rest of MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. SAM: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 71. SAM: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 72. SAM: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 73. SAM: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 74. SAM: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 75. Brazil: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Argentina: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Rest of SAM: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. Impact of COVID-19 Pandemic on North American Country Markets
Figure 79. Impact of COVID-19 Pandemic on European Country Markets
Figure 80. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 81. Impact of COVID-19 Pandemic on Middle East & Africa Country Markets
Figure 82. Impact of COVID-19 Pandemic on South America Country Markets

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the electronic article surveillance market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the electronic article surveillance market thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – Electronic Article Surveillance Market
• Agon Systems
• ALL-TAG Corporation
• Amersec s.r.o.
• Cross Point Middle East Technologies LLC
• Feltron Security Systems LLC
• Ketec, Inc.
• Shopguard Limited
• Tekno Electro Solutions
• Sensormatic (Johnson Controls)
• Checkpoint Systems
• Sabel
• Nedap

According to the new research report titled “Electronic Article Surveillance Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 1,484.00 million by 2028 and register a CAGR of 4.9% from 2022 to 2028.

The rising investment by retail brands to expand their footprint across the globe is increasing the number of retail outlets of fashion & apparel, cosmetics & pharmaceuticals, and supermarkets & groceries. A few of the major retail brands focused on increasing their retail footprint are mentioned below:

• In November 2022, JD Sports announced its plan to open 15 retail stores in Canada by 2023. This strategy is undertaken to expand the company’s retail footprint in the country.

• In October 2022, Miniso announced the launch of US$ 2 plus stores In Canada. These stores were established in the country to manufacture low-cost, high-quality products for the growing customer base.

• In December 2022, REWE announced the launch of its fully automatic store in Germany to expand its footprint and increase the adoption of technologies.

• In June 2022, Mango announced its intentions to open 70 new retail stores in France by 2025. Under its expansion strategy, the company is expected to establish 300 stores in France by 2025.

Thus, the growing number of initiatives by global retail brands to expand their outlets across the globe is increasing the need for various security solutions to prevent shoplifting, thereby boosting the demand for electronic article surveillance systems, thereby contributing to the electronic article surveillance market growth.

According to CNBC news, there was a rise of 50% in shoplifting cases in the US in 2022 compared to 2021. Target, a department store chain, reported a loss of more than US$ 400 million in its profit for the fiscal year 2022. According to Deep Sentinel Corp, there were more than 548,000 shoplifting cases in 2021 in US retails. Thus, the rise in the incidence of shoplifting and theft is fueling the need for electronic article surveillance solutions and thereby impacting the electronic article surveillance market. To handle shoplifting cases in the country, EAS providers are launching new products. For instance, in October 2022, Checkpoint Systems, a provider of retail technology solutions, launched a modular RFID electronic article surveillance solution named SFERO. This solution will help to reduce product loss across retail stores. Thus, new product launches to prevent shoplifting and product misplace will contribute to the increasing demand for electronic article surveillance in the US, thereby contributing to the electronic article surveillance market growth.

The global electronic article surveillance market size is segmented based on component, product type, application, and geography. Based on component, the electronic article surveillance market is segmented into electronic tag, electronic antenna, deactivator/detacher, and others. Based on product type, the electronic article surveillance market is categorized into radio-frequency, acoustic-magnetic, electromagnetic, and microwave systems. Based on application, the electronic article surveillance market is classified into apparel & fashion accessories, cosmetics & pharmaceuticals, and supermarkets & grocery stores. The electronic article surveillance market size, based on region, is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

Key Findings of Study:

The rise in shoplifting cases in the US is considered one of the major factors driving the sales of electronic article surveillance solutions in North America, which is eventually boosting the electronic article surveillance market. According to an article in the New York Post in January 2022, National Retail Federation stated that the total store losses increased from US$ 453,940 per US$ 1 billion in sales in 2015 to US$ 719,458 in 2020. The rise in shoplifting cases will require the need for installation of electronic article surveillance solutions and contribute to the increased demand for these solutions in North America. Moreover, North America is one of the fastest-growing economies in the world, and the existence of a large number of supermarkets boosts the adoption of security solutions to reduce theft and shoplifting cases. According to Bscholarly LLC, in January 2023, Walmart and 7-Eleven were considered among the top three largest supermarket chains in the world. North America has ~7,800 7-Eleven stores and more than 5,000 Walmart stores. The presence of a large number of supermarkets across the region is propelling the growth and need for electronic article surveillance across the retail industry in North America, which is likely to drive the electronic article surveillance market forecast.