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Electronic Article Surveillance Market Projected to Offer Substantial Growth Opportunities, Reaching $1.52 Billion by 2029 Grab 20% Off With Code ONLINE20 On Global market Reports – Evaluate Global Trends, Market Risks, and Competitive Intelligence How Is the Duty-Free Retailing Market Size Expected to Evolve From 2025 to 2029? The electronic article surveillance market size has grown steadily in recent years. It will grow from $1.26 billion in 2024 to $1.31 billion in 2025 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to a rise in the globalization of retail brands, growth in e-commerce, growth in demand for luxury goods, rise in shoplifting awareness campaigns, and growth in insurance premiums. The electronic article surveillance market size is expected to see steady growth in the next few years. It will grow to $1.52 billion in 2029 at a compound annual growth rate (CAGR) of 3.9%. The growth in the forecast period can be attributed to increasing retail theft incidents, a rising number of mass supermarkets, increasing demand for retail security solutions, growing urbanization, growing investments in retail infrastructure, increasing retail theft incidents, and a rising number of mass supermarkets. Major trends in the forecast period include technological advancements, RFID technology, integration with the Internet of Things, adoption of cloud-based solutions, and wireless EAS systems. Get your free report sample today: https://www.thebusinessresearchcompany.com/sample.aspx?id=17137&type=smp (https://www.thebusinessresearchcompany.com/sample.aspx?id=17137&type=smp) Which Core Drivers Are Expected to Drive Demand Within the Electronic Article Surveillance Market? The expansion in the retail industry is expected to propel the growth of the electronic article surveillance market going forward. The retail industry encompasses businesses directly selling goods or services to consumers, ranging from small local stores to large multinational chains. The expansion of the retail industry is due to shifts in consumer preferences towards online shopping, globalization allowing for broader market reach, and innovations in supply chain management enhancing efficiency and customer satisfaction. Electronic article surveillance is crucial in safeguarding merchandise, improving operational efficiency, and ensuring a secure shopping environment for retailers and customers. For instance, according to the National Retail Federation (NRF), a US-based retail trade association, retail sales in the United States are expected to increase between 2.5% and 3.5% in 2024, from $5.23 trillion to $5.28 trillion. Therefore, the expansion in the retail industry is driving the growth of the electronic article surveillance market. 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The electronic article surveillancemarket covered in this report is segmented – 1) By Type: Hard Tag, Soft Tag, Deactivator Or Detacher, Detection System, Permanent Deactivation Tag 2) By Technology: Video Wall, Acousto Magnetic System, Electro Magnetic, Radio Frequency, Microwave 3) By End User: Clothing And Fashion Accessories, Cosmetics Or Pharmacy, Supermarkets, Mass Merchandise Stores Subsegments: 1) By Hard Tag: Acousto-Magnetic (AM) Hard Tags, Radio Frequency (RF) Hard Tags, Electromagnetic (EM) Hard Tags 2) By Soft Tag: Paper Or Label Soft Tags, Fabric-Based Soft Tags, Sticker Soft Tags 3) By Deactivator Or Detacher: Manual Deactivators Or Detachers, Electronic Deactivators Or Detachers, Dual-Purpose Deactivators And Detachers 4) By Detection System: Acousto-Magnetic (AM) Detection Systems, Radio Frequency (RF) Detection Systems, Electromagnetic (EM) Detection Systems 5) By Permanent Deactivation Tag: Self-Deactivating Tags, RFID-Based Permanent Deactivation Tags Which Disruptive Trends Are Reshaping the Competitive Landscape of the Electronic Article Surveillance Market? 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This label features a soft, ultra-thin design that is not only skin-friendly but also washable and resistant to dry cleaning, making it suitable for various apparel applications. Who Are the Principal Market Leaders in the Electronic Article Surveillance Market? Major companies operating in the electronic article surveillance market are Alibaba Group Holding Limited, Avery Dennison Corporation, ADT Inc., Checkpoint Systems Inc., Gunnebo AB, Nedap N.V., Takachiho Koheki Co. Ltd., Hangzhou Century Co. Ltd., Sentry Technology Corporation, Sensormatic Solutions, WG Security Products Inc., Softdel Systems Pvt. 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