Global EAS Antennas Market 2016-2020 with Checkpoint Systems, Nedap N.V. & Tyco Retail Solutions Dominating

Research and Markets has announced the addition of the "Global EAS Antennas Market 2016-2020" report to their offering.
Research and Markets has announced the addition of the "Global EAS Antennas Market 2016-2020" report to their offering.
The report covers the present scenario and the growth prospects of the global EAS antennas market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the installation of EAS antennas at the retail outlets of end-users. The report also includes a discussion of the key vendors operating in this market.
Retail shrinkage has led to significant financial losses for many retailers on a global scale. The retail industry has expanded significantly over the last few decades.
Source tagging is adopted by retailers to reduce instances of theft and fraud. The EAS tags used in source tagging are installed at the manufacturing source and recirculated from the retail store. This recirculation helps curtail store payroll costs, increase sales, and safeguard reliability in each store (from store operations to merchandise displays). It also increases the time spent on customer service.
According to the report, growth of retail sectors in developing countries is one the major drivers in the market. The organized retail sector in the developing markets, especially Brazil, Russia, India, and China (BRIC), is undergoing a transformation. Growth in the young population and nuclear families in urban areas, along with the increasing number of working women in emerging countries such as India, Malaysia, Singapore, and Thailand, have driven growth in the retail market.
Further, the report states that the rising popularity of e-commerce is a major challenge for the EAS antennas market.

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