Automatic Identification Data Capture Market Trends, Revenue, Key Players, Growth, Share and Forecast till 2028

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

The report talks about the shift in demands and emerging trends that are expected to drive the growth of the Automatic Identification Data Capture Market. The rising demand for the Automatic Identification Data Capture Market is expected to drive the demand for Automatic Identification Data Capture Market, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.

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-based cameras. 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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Some major companies in the market report include 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., and Godex International Co Ltd.

Radical Highlights of the Automatic Identification Data Capture Market Report:

  • Comprehensive overview of the Automatic Identification Data Capture market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and RD advancements on the Automatic Identification Data Capture market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market

Unfolding the prime factors prompting global market growth:

  • The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Automatic Identification Data Capture market into a broad product spectrum.
  • The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
  • A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.

Emergen Research has segmented the global automatic identification and data capture (AIDC) on the basis of offering, product, technology, end-use, and region:

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

Technology Outlook (Revenue, USD Billion; 2018–2028)

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

End-Use Outlook (Revenue, USD Billion; 2018–2028)

  • Manufacturing
  • Transportation Logistics
  • BFSI
  • Healthcare
  • Hospitality
  • E-commerce Retail
  • Government

Key Points of Automatic Identification Data Capture Market:

  • Extensive coverage of the analysis of the Automatic Identification Data Capture market
  • Key insights into the regional spread of the industry in key geographies
  • Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the Automatic Identification Data Capture market
  • Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Automatic Identification Data Capture market
  • Complete data about the key manufacturers and vendors in the Automatic Identification Data Capture market

Thank you for reading our report. Customization of the report is available. To know more, please connect with us, and our team will ensure the report is customized as per your requirements.

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