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Analyzing factors that will have a significant impact on the growth of the market, our analysts have identified the growing need for preventing retail shrinkage as one of the major factors driving market growth. Factors such as the poor inventory management, inefficient operations, and theft by employees and customers result in retail shrinkage and affect the profitability of retailers. It forces retailers to reduce their staff to manage operating costs. Consequently, retailers are encouraged to introduce loss prevention programs and EAS systems to minimize shoplifting and shrinkage loss.
“Shoplifting techniques have improved in recent years; thieves are exploring new technologies to thieve products. This is prompting retailers to adopt sophisticated antishoplifting systems such as EAS systems. An increasing number of retailers, particularly large retailers with several outlets, invest in EAS systems to help retail profits,” says a senior research analyst at Technavio for the IT hardware industry.
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The electronic article surveillance (EAS) systems market is concentrated due to the presence of a few companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this electronic article surveillance (EAS) systems industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of a number of companies including:
With a complete study of the growth opportunities for companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will make the largest contribution to the growth of this market throughout the forecast period.
According to our market research experts, the apparel and fashion accessories segment accounted for the highest market share in 2017. Additionally, the report also provides an accurate analysis of the contribution of the various products segments to the growth of the electronic article surveillance (EAS) systems market size.
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global electronic article surveillance (EAS) systems market and its stakeholders over the forecast years. The market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market until 2022.
Some of our other markets research reports from the ICT vertical include PC peripherals market and the printers market.
Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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