Auto Identification and Data Capture Market: Meticulous Research® Reveals Why This Market Is Growing at a CAGR of 9.8% to $ 103.47 Billion by 2027

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Auto identification and data capture market is expected to grow at a CAGR of 9.8% from 2020 to reach USD 103.47 billion by 2027

Automatic identification and data capture market by technology (barcode, RFID, biometrics and smart cards), product (scanner, laptops and software), end user (logistics, healthcare, BFSI, manufacturing and Retail) – Global Forecast for 2027

AIDC devices are used to automatically and accurately collect information for several applications in many industries, such as retail and e-commerce, manufacturing, transportation and logistics, government and utilities, healthcare , sports and hospitality. At present, AIDC technologies, such as bar codes, RFID, biometrics, smart cards and optical character recognition, are widely used in several applications in many industries. Meticulous Research®, in its latest publication on automatic identification and data capture, stipulate that this market will grow at a CAGR of 9.8% from 2020 to 2027 to reach $ 103.47 billion by 2027.

The growth of the automatic identification and data capture market is mainly attributed to the growing need for AIDC technologies to eliminate manual data entry and associated errors, the growing government legislation on the use of AIDC technologies, l expansion of the electronic commerce industry and technological advancements of AIDC. technologies. In addition, the growing adoption of AIDC-enabled devices, especially in the healthcare industry and BFSI industry, has seen rapid growth in the auto identification and data capture market.

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Scope of the report:

AIDC Market by Technology

  • Bar codes
  • RFID
  • Biometrics
  • Smartcard
  • Magnetic tapes
  • OCR

AIDC Market by Product

  • Scanners and readers
    • Barcode scanners
    • Pen-type readers
    • Laser barcode scanners
    • CCD barcode scanners
    • Camera-based scanners
    • RFID scanners
    • Smart card readers
    • Magnetic tape readers
    • Optical character recognition (OCR)
  • Biometric scanners
    • Face recognition
    • Speech Recognition
    • Fingerprint recognition
    • IRIS recognition
  • Printers and Recorders
    • Barcode printers
      • Matrix printers
      • Inkjet printers
      • Laser printers
      • Thermal printers
    • RFID printers
    • Label printers
    • Smart card printers
    • Magnetic Stripe Printers
  • Mobile computers
  • Consumables
    • Barcode labels
    • RFID labels and stickers
    • Thermal transfer ribbon / sheet

AIDC Market by End User

  • Retail
  • Manufacturing
  • Logistic transport
  • Banking and Financial
  • Health care
  • Others

AIDC by market geography

  • North America
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • The rest of europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Indonesia
    • Singapore
    • Vietnam
    • Rest of Asia-Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa

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To provide effective analysis, Meticulous Research has segmented this market on the basis of technology (barcodes, RFID, biometrics, and smart cards), product (scanners, printers, biometric scanners, laptops, consumables, and software), end user (transportation and logistics, healthcare, banking and finance, manufacturing and retail) and geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).

Geographically, Asia-Pacific is expected to hold the largest share of the automatic identification and data capture market in 2020. The availability of AIDC-enabled devices, growing awareness and high adoption of AIDC devices are the factors that stimulate the growth of this region. segment. In addition, growing legislation and government investment, especially in the retail, healthcare and manufacturing sectors, and the presence of automatic identification and data capture technology companies are also expected to support the growth of the APAC automatic identification and data capture market.

On the basis of the end user, the transportation and logistics industry is expected to account for the largest share of the global automatic identification and data capture market in 2020. The growing e-commerce industry and the Extensive integration of AIDC technologies for logistics applications are the determining factors. this segment.

To better understand the market with a table of contents and detailed figures, click here: https://www.meticulousresearch.com/product/automatic-identification-and-data-capture-market-5056

Key players

The report provides competitive intelligence in terms of finance, growth strategies, product portfolios, and geographic presence on some of the major players in the Auto Identification and Data Capture market including Zebra Technologies Corporation (US). United States), Honeywell International Inc. (United States), Newland EMEA (Netherlands), Epson America, Inc. (United States), Seagull Scientific, Inc. (United States), NEC Corporation (Japan), Datalogic SPA (Italy), Alien Technologies Corporation (United States), SATO Worldwide (Japan), Toshiba Tec Corporation (Japan), Microscan System, Inc. (United States), Jadak (United States), BOS Better Online Solutions Ltd . (Israel), Unitech Electronics Co. Ltd. (Taiwan), TSC Auto Id Technology Co. Ltd. (Taiwan), Cognex Corporation (United States), Opticon (Netherlands), Code Corporation (United States), Bluebird Inc. (South Korea), Avery Dennison Corporation (United States), Godex International (Taiwan) , Cardlogix Corporation (US), Impinj, Inc. (US) and Axicon Auto ID Ltd (UK), among others.

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About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a limited liability company under the Companies Act of 1956. Since its incorporation, the company has grown into the leading provider of high-end market information in North America, Europe, Asia- Pacific, Latin America, Middle East and Africa. .

The name of our company defines our services, our strengths and our values. From the beginning, we have only made an effort to research, analyze and present critical market data with great attention to detail. Through meticulous primary and secondary research techniques, we have developed strong capabilities in data collection, interpretation and analysis, including qualitative and quantitative research with the best team of analysts. We design our market research reports, personalized studies, rapid research and consulting solutions, intelligent and value-driven, meticulously analyzed to meet the business challenges of sustainable growth.

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