As per Statistica, the value of the global jewelry market was estimated about U.S. $271 billion in 2018 is expected to reach up to about $645 billion in 2035. The market is growing at a rate 5-6% each year. Since each of these items are mostly high priced, even a small counterfeiting costs a lot to the brands and the buyers. Counterfeit watches and jewelry are one of the most seized items in the U.S.
NeuroTags foolproof anti-counterfeit solution helps brands to eliminate counterfeiting in the offline market. The same solution also acts as a digital gateway to increase consumer engagement through loyalty engine.