Incorporation of Data Analytics in EAS Systems Triggering Growth Opportunities in the Global EAS Market: Technavio Report

Renewable energy

 

  • The key vendors in the global EAS market 2015-2019 are Checkpoint Systems and Tyco Retail Solutions.

London, 09 November 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global EAS market 2015-2019.   Electronic article surveillance (EAS) systems enable the staff in retail outlets to spend more time attending to customers rather than continually checking for the availability of products in the store. By using EAS systems, retailers do not have to worry about theft and can focus on important business aspects such as sales and profits. The global EAS market is expected to grow at a CAGR of 2.01% during the forecast period of 2014-2019.

“EAS systems now have increased capabilities, from theft control to advanced data analytics, which has helped retailers track customer behavior and buying patterns,” says Faisal Ghaus, Vice President of Technavio Research.

“With solutions like Integrated Visitor Counting and VisiPlus overhead sensors by Checkpoint Systems, retailers are able to determine the number of customers entering and leaving their stores.”

To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

If you are interested in more information on this topic and our upcoming research on the Global EAS Market 2015-2019, please send an e-mail to media@TechNavio.com

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