Increasing Retail Outlets By Global Brands Will Be Worth $1.48 Billion By 2028

According to Trade Algo, "Electronic Article Surveillance Market Size, Share, Growth, Trends, and Global Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Electronic Tag, Electronic Antenna, Deactivator/Detacher, and Others), Product Type (Radio Frequency Systems, Acousto-Magnetic Systems, Electromagnetic Systems, and Microwave Systems), and Application (Apparel & Fashion Accessories, Cosmetic & Pharmaceuticals, and Supermarkets & Grocery Stores)" growing commercial complexes, the integration of technology into electronic article surveillance systems, and the increasing number of supermarkets drive the growth of the global electronic article surveillance market.

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Competitive Landscape and Key Developments in the Global Electronic Article Surveillance Market

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The key market players operating in the electronic article surveillance market globally include Sensormatic, Checkpoint Systems, ALL-TAG, Agon Systems, and Checkpoint Systems. To gain an overall perspective of the electronic article surveillance market size and ecosystem, a number of other market players were also analyzed during the course of this study.

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The Securitas Electronic Security Group has announced a strategic partnership with Nedap in order to provide retail, RFID, and cloud-based loss prevention solutions to retailers in 2022. Among the benefits of this partnership is that it has expanded the service offering of SES to include Nedap's retail offerings, including the EAS system, that are focused on inventory visibility and seamless shopping experiences.

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For its continuous innovation and development of solutions that help commercial establishments reduce theft, Telefonica Ingenieria de Seguridad, a pioneer in comprehensive technological security, has partnered with multinational Checkpoint system, the world leader in anti-theft and RFID solutions, in 2022.