Electronic Article Surveillance (EAS) Market Size - By Components (Tags, Antennas & Detachers), By Technology (Radiofrequency, Acosta-Magnetic, Electromagnetic, Microwave), By End User (Retailers, Libraries, Commercial Entities) & Forecast, 2024 - 2032

Electronic article surveillance market size

Electronic Article Surveillance Market size was valued at USD 1.3 billion in 2023 and is expected to grow at a CAGR of over 4% between 2024 and 2032. The rising incidence of retail theft is a significant growth driver for the market. Retail theft, including shoplifting and employee theft, represents a substantial financial burden for retailers worldwide. According to industry reports, global retail theft amounts to billions of dollars in losses annually, affecting profitability and operational efficiency.
 

Retailers are increasingly adopting EAS systems to combat this growing problem. EAS systems serve as an effective deterrent against theft by providing visible and audible alerts when unauthorized attempts to remove tagged items from stores occur. The presence of EAS tags and sensors acts as a psychological deterrent to potential shoplifters, reducing the chances of theft. Furthermore, the implementation of EAS systems enables retailers to focus their security efforts on other areas, enhancing overall store security.

Advancements in EAS technology is another key growth driver for the EAS market. Over the years, EAS systems have evolved significantly, incorporating cutting-edge technologies that enhance their effectiveness, reliability, and user-friendliness. These technological advancements are making EAS systems more attractive to retailers and boosting market growth. One of the notable advancements in EAS technology is the integration of Radio-Frequency Identification (RFID). RFID-enabled EAS systems offer several advantages over traditional EAS systems, including improved accuracy, real-time inventory tracking, and enhanced data collection capabilities. RFID tags can store more information and provide better insights into inventory movements, enabling retailers to optimize their supply chain and improve stock management. This integration of RFID technology with EAS systems enhances the overall security and operational efficiency of retail stores.
 

For instance, in May 2023, ControlTek expanded its capabilities with a newly granted patent for its EAS system utilizing Time of Flight (TOF) technology. This advancement enabled the system to better understand customer movements and significantly reduce false alarms in EAS applications. The newly patented technology is being integrated into ControlTek’s next-generation InFlight RFID system, which is set to be implemented in retail stores worldwide. This expansion highlights the company’s commitment to enhancing threat detection accuracy and advancing the security features of its EAS solutions.
 

As EAS technology evolves, so do the tactics used by shoplifters to circumvent these systems. Professional thieves may use sophisticated methods to disable or bypass EAS tags and sensors, rendering the systems less effective. Retailers must continuously update and upgrade their EAS systems to stay ahead of these evolving threats, which can be costly and challenging. Overall, the market is poised for significant growth due to increasing retail theft incidents, technological advancements, and expanding retail sectors. However, challenges such as high installation costs, technological limitations, and evolving theft tactics must be addressed to ensure sustained market growth.
 

Electronic Article Surveillance Market Trends

A significant trend in the EAS industry is the integration of advanced technologies such as RFID, Artificial Intelligence (AI), and Internet of Things (IoT). RFID-enabled EAS systems offer enhanced inventory tracking and data collection capabilities, providing real-time insights into product movement and stock levels. AI and IoT integration further enhance the functionality of EAS systems by enabling predictive analytics, automated alerts, and remote monitoring. These technological advancements are making EAS systems more efficient, accurate, and versatile, thereby driving their adoption across the retail sector.

The shift toward wireless and cloud-based EAS solutions is another notable trend. Wireless EAS systems eliminate the need for extensive cabling and infrastructure, reducing installation and maintenance costs. They also offer greater flexibility and scalability, allowing retailers to easily expand or modify their security systems as needed. Cloud-based EAS solutions provide centralized management and real-time monitoring capabilities, enabling retailers to manage multiple store locations from a single platform. This trend toward wireless and cloud-based solutions are enhancing the operational efficiency and effectiveness of EAS systems, making them more appealing to retailers.
 

Retailers are increasingly focusing on enhancing the customer experience while implementing EAS systems. Modern EAS tags and sensors are designed to be discreet and less intrusive, minimizing any impact on the shopping experience. Additionally, advancements in sensor technology have reduced the occurrence of false alarms, ensuring that legitimate customers are not inconvenienced. Retailers are also exploring ways to integrate EAS systems with other in-store technologies, such as digital displays and customer analytics, to create a seamless and engaging shopping environment. This focus on enhancing customer experience is driving the adoption of advanced EAS systems and contributing to market growth.
 

Overall, the market is evolving with the integration of advanced technologies, the adoption of wireless and cloud-based solutions, and a focus on enhancing customer experience. These trends are shaping the future of the market, offering new opportunities for innovation and growth.
 

Electronic Article Surveillance Market Analysis

Based on end user, the market is divided into retailers, libraries, commercial entities, and others. The retailers segment is expected to register a CAGR of 5% during the forecast period. These segments also include the sub segments such as apparel & fashion stores, supermarkets & hypermarkets, electronics & appliance stores, pharmacies & drug stores, and others, boosting market growth.
 

• Retailers are the primary users and beneficiaries of the EAS systems. They implement EAS solutions to safeguard their merchandise from theft and enhance overall store security. Retailers utilize a range of EAS technologies, including tags, antennas, and alarm systems, to protect their inventory and reduce losses.
   
• By adopting EAS systems, retailers can also improve their inventory management and operational efficiency. The choice of EAS solutions often depends on the store's size, type of merchandise, and specific security needs. Retailers play a crucial role in the EAS market, driving the demand for innovative security technologies and contributing to the ongoing evolution of EAS solutions.
   

Based on components, the electronic article surveillance market is divided into tags, antennas, and detachers. The tags segment dominated the global market with a revenue of over USD 1 billion in 2032.
 

• Tags are fundamental components in the market, serving as the primary means of protecting merchandise from theft. These tags are attached to products or packaging and contain embedded security technology, such as Radio Frequency (RF), Electromagnetic (EM), or Acoustic-magnetic (AM) systems.
   
• When an item with an active tag is removed from a store without proper deactivation or removal at the checkout, it triggers an alarm at EAS detection systems positioned at store exits. Tags come in various forms, including hard tags, soft labels, and reusable tags, catering to different types of merchandise and retail environments. Their effectiveness in deterring theft and their role in inventory management make them a critical segment in the market.
   

North America dominated the global electronic article surveillance market in 2023, accounting for a share of over 35%. The market is characterized by a high level of technological adoption and innovation. The region's well-established retail industry, coupled with the rising incidence of retail theft, drives the demand for sophisticated EAS systems. The U.S. and Canada are major contributors to the market, with retailers investing in advanced EAS technologies such as RFID and integrated security solutions.
 

The focus on enhancing customer experience, reducing false alarms, and improving inventory visibility is propelling the growth of EAS systems. Furthermore, the integration of EAS systems with other retail technologies, including analytics and cloud-based solutions, is shaping the market landscape in North America. The region's robust infrastructure and technological advancements continue to support market growth.
 

In the U.S., the EAS market is driven by the need to address high retail theft rates and enhance store security. The extensive retail landscape, including large department stores, specialty retailers, and supermarkets, is driving the demand for advanced EAS systems. The U.S. market is characterized by significant investments in technology, including RFID and AI-powered EAS solutions. Retailers are focusing on improving loss prevention strategies, integrating EAS systems with other security measures, and enhancing the overall shopping experience. The growing emphasis on omnichannel retailing and real-time inventory management further fuels the adoption of EAS technologies in the U.S.
 

Japan's electronic article surveillance market is influenced by its highly developed retail sector and a strong focus on technological innovation. Retailers in Japan are adopting advanced EAS systems to address theft issues and enhance operational efficiency. The integration of RFID technology and sophisticated EAS solutions is prominent in the Japan market, driven by the country's emphasis on cutting-edge technology and automation. Additionally, Japan's commitment to improving store security and reducing inventory losses supports the market growth. The country's well-established retail chains and technological infrastructure contribute to the expansion of EAS systems.
 

China is a key market for EAS systems, driven by rapid urbanization, increasing retail expansion, and rising consumer spending. The country's burgeoning retail sector, including supermarkets, malls, and specialty stores, is fueling the demand for effective theft prevention measures. The integration of advanced EAS technologies, such as RFID and wireless solutions, is gaining traction in China as retailers seek to enhance security and optimize inventory management. Government initiatives and investments in infrastructure also support the EAS market growth. The rising focus on loss prevention and technological advancements in the Chinese retail sector contribute to market growth.
 

For instance, in July 2023, Coles Supermarkets, a subsidiary of Coles Group Ltd based in Australia, announced its expansion into Malaysia through a strategic partnership with Jaya Grocer Holdings Sdn Bhd. This collaboration introduced a diverse range of 200 products to the Malaysia market. This expansion is anticipated to drive the demand for EAS solutions and products in the region.
 

In South Korea, the electronic article surveillance market is growing due to the increasing adoption of advanced security solutions in the retail sector. The country's well-developed retail industry, coupled with a focus on reducing theft and improving store security, is driving the demand for EAS systems.
 

South Korean retailers are incorporating cutting-edge technologies, including RFID and integrated EAS solutions, too enhance inventory management and loss prevention. The emphasis on technological innovation and the need for efficient retail operations contribute to the market growth in South Korea. The country's advanced infrastructure and high consumer spending further support market growth.
 

Electronic Article Surveillance Market Share

Checkpoint Systems Inc. and Johnson Controls hold a significant share of the electronic article surveillance industry. Checkpoint Systems Inc. holds a significant share in the market due to its robust portfolio of advanced EAS solutions and a strong global presence. The company offers a comprehensive range of EAS systems, including tags, labels, and detection systems that are widely adopted across retail and security sectors.
 

Checkpoint Systems' focus on innovation and technology enables it to deliver high-performance, reliable, and scalable solutions that meet diverse customer needs. Its commitment to integrating RFID technology with traditional EAS systems enhances security and operational efficiency for retailers. Additionally, Checkpoint Systems’ extensive network of partners and distributors ensures broad market reach and effective service delivery, solidifying its position as a market leader.
 

Johnson Controls holds a prominent position in the electronic article surveillance market due to its extensive experience and expertise in the security and building management sectors. The company provides a range of EAS solutions that are integrated with its broader portfolio of security and monitoring systems. Johnson Controls leverages its strong engineering capabilities and global footprint to offer customized EAS solutions that address the specific needs of various industries, including retail, healthcare, and manufacturing.
 

Its focus on integrating EAS with other advanced security technologies, such as video surveillance and access control systems, enhances overall security infrastructure. This comprehensive approach, combined with a commitment to innovation and customer support, reinforces Johnson Controls' significant presence and influence in the market.
 

Electronic Article Surveillance Market Companies

Major players operating in the electronic article surveillance industry are:

• Checkpoint Systems Inc.
• Johnson Controls
• Nedap N.V.
• Gunnebo Gateway
• ALL-Tag Corporation
• TAKACHIHO KOHEKI CO., LTD.
• Hangzhou Century Co.,Ltd.
   

Electronic Article Surveillance Industry News

• In June 2023, ControlTek introduced an innovative online RFID resource center, marking a significant advancement in asset tracking, inventory management, and RFID for EAS. This virtual platform serves as a comprehensive online hub, providing businesses with valuable data, awareness, and education in the field of RFID technology.
   
• In April 2022, Securitas Electronic Security, Inc announced a strategic partnership with Nedap to provide retail, RFID, and cloud-based loss prevention solutions. This partnership expanded the SES offering to include Nedap’s retail offerings focusing on inventory visibility and seamless shopping experiences, including the EAS system.
   

The electronic article surveillance (EAS) market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD million & units) from 2021 to 2032, for the following segments:

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Market, By Components

• Tags
• Antennas & etachers             

Market, By Technology

• Radiofrequency (RF)
• Acosto-magnetic (AM)
• Electromagnetic (EM)
• Microwave
• Others

Market, By End User

• Retailers        
  • Apparel and fashion stores
  • Supermarkets and hypermarkets
  • Electronics and appliance stores
  • Pharmacies and drug stores
  • Others
• Libraries
• Commercial entities
  • Corporate offices
  • Public institutions
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA