Automatic Identification and Data Capture Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2028

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Rising implementation of AIDC solutions in the e-Commerce industry and increased utilization of AIDC solutions in smartphones are some key factors driving market growth
Market Size – USD 39.92 Billion in 2020, Market Growth – at a CAGR of 14.6%, Market Trends

Emergen Research has recently published a detailed report on the global Automatic Identification Data Capture market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Automatic Identification Data Capture market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Automatic Identification Data Capture market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.

The global Automatic Identification And Data Capture (AIDC) market size reached USD 39.92 Billion in 2020 and is expected to register a revenue CAGR of 14.6%, during the forecast period, according to latest analysis by Emergen Research. Major factors driving global AIDC market revenue growth include rising implementation of these solutions in the e-Commerce industry and rising use in smartphones. Rising adoption of automatic identification and data capture solutions in public transportation is another factor expected to augment revenue growth of the market going ahead. The Dallas Area Rapid Transit (DART), which is the largest municipal transit agency in North Texas, was an early adopter of biometric technology. In its trains, DART has installed facial recognition technology-basedcameras. Biometric systems are used in such cameras for a range of functions, and serve to monitor train capacity, medical emergencies, and lets authorities know whenever a specific individual is or individuals are on board. Other biometric uses include smart ID cards and smart ticketing to identify a person using face recognition in order to access public transportation systems, thereby enabling safer travelling and streamlining ticketing and passenger management processes.

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The report on the Global Automatic Identification Data Capture Market is an investigative study on the key features of the business landscape along with an analysis of the growth opportunities, challenges, threats, drivers and restraints, and limitations of the market. The report also offers insights into the segments, sub-segments, and regions exhibiting promising growth.

The report further sheds light on the competitive landscape of the Automatic Identification Data Capture market to offer the readers an advantage over others. The competitive landscape section of the report talks about the recent advancements in the RD and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.

The prominent players profiled in the report are:

Cognex Corporation, Zebra Technologies Corporation, Datalogic S.p.A., NXP Semiconductors N.V., Sick AG, Honeywell International Inc., Synaptics Inc., NEC Corporation, Seagull Scientific, Inc., Godex International Co Ltd

Automatic Identification Data Capture Market Segmentation

  • Offering Outlook (Revenue, USD Billion; 2018–2028)

    • Hardware
    • Software
    • Services
  • Product Outlook (Revenue, USD Billion; 2018–2028)

    • Printer Recorder
      1. RFID Printers
      2. Smart Card Printers
      3. Label Printers
      4. Barcode Printers
      5. Magnetic Stripe Printers
    • Scanners Readers
      1. RFID Scanners
      2. Magnetic Stripe Readers
      3. Smart Card Readers
      4. Barcode Scanners
        1. Camera-based Scanners
        2. CCD Barcode Scanners
        3. Laser Barcode Scanners
      5. Smart Card Readers
      6. Optical Character Recognition (OCR)
    • Biometric Scanners
      1. Finger Print Recognition
      2. Face Recognition
      3. IRIS Recognition
      4. Voice Recognition
    • Others
  • Technology Outlook (Revenue, USD Billion; 2018–2028)

    • Radio Frequency Identification (RFID)
    • Optical Character Recognition (OCR)
    • Biometrics
    • Magnetic Strips
    • Smart Cards
    • Barcodes

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/automatic-identification-data-capture-market

Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.

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