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.
The Automatic Identification Data Capture market report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed 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
Research Report on the Automatic Identification Data Capture Market Addresses the Following Key Questions:
- Who are the dominant players of the Automatic Identification Data Capture market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Automatic Identification Data Capture market?
- What are the key growth drivers and restraining factors of the Automatic Identification Data Capture market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Automatic Identification Data Capture market and its key segments?
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Emergen Research has segmented the global Automatic Identification Data Capture market on the basis of type, type of care, and region
Segments Covered in this report are:
Offering Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Software
- Services
Product Outlook (Revenue, USD Billion; 2018–2028)
- Printer & Recorder
- RFID Printers
- Smart Card Printers
- Label Printers
- Barcode Printers
- Magnetic Stripe Printers
- Scanners & Readers
- RFID Scanners
- Magnetic Stripe Readers
- Smart Card Readers
- Barcode Scanners
- Camera-based Scanners
- CCD Barcode Scanners
- Laser Barcode Scanners
- Smart Card Readers
- Optical Character Recognition (OCR)
- Biometric Scanners
- Finger Print Recognition
- Face Recognition
- IRIS Recognition
- Voice Recognition
- Others
- Printer & Recorder
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Radio Frequency Identification (RFID)
- Optical Character Recognition (OCR)
- Biometrics
- Magnetic Strips
- Smart Cards
- Barcodes
In conclusion, the Automatic Identification Data Capture Market report is an exhaustive database that will help readers formulate lucrative strategies. The Automatic Identification Data Capture Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Automatic Identification Data Capture market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Automatic Identification Data Capture with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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