Automatic Credentials Capture Market Size – $ 36.80 Billion in 2019, Market Growth – 14.6% CAGR
VANCOUER, BC, CANADA, September 22, 2021 /EINPresswire.com/ – The Global Automatic Identification and Data Capture Market is expected to be worth $ 102.35 billion by 2027, according to current analysis from Emergen Research. During the forecast period, the increase of the e-commerce sector, the increasing use of smartphones for QR code scanning and image recognition, and the adoption of automatic detection and data collection solutions are expected to increase market growth. Growing prospects in the supply chain management and healthcare industries are expected to further increase the implementation of this technology.
The report examines in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats and demands of the Automatic Credential Data Capture market. The study further assesses the regional market as well as the international market to gain insight into the scope of the market. The report also offers estimates and forecasts on the market segment and sub-segments showing promising growth within the forecast timeline. The report also provides more in-depth information on the technological advancements, industrial landscape and emerging products and technological developments in the Automatic Identification Data Capture market.
Request a copy of the report @ https://www.emergenresearch.com/request-sample/199
The growth of the global automatic identification data capture market is being driven by a variety of factors and trends, the major ones of which include the growing attention of large companies on the expansion of products / services in the domestic capture market. new and untapped automatic credentials, increased investment in strategic agreements and increased market competition. The development of more advanced offerings is driving increasing demand and deployment in the respective sectors / industries, and this is a major trend in a growing number of developing economies. In addition, the availability of favorable government policies and steady economic growth in various regions and countries results in an increasing number of actors who focus on exploiting opportunities to increase visibility and increase income and profits.
Highlights of the report
In February 2020, IMPINJ Inc. launched the future-proof RAIN RFID reader. This should further strengthen the capacity for monitoring and traceability and management of resources in logistics operations.
The smart card segment is expected to experience significant growth during the forecast period owing to the broad application areas, accessibility of smart cards used for identity verification, credit cards, cards ATM and health cards.
Due to the huge need for hardware in various automatic identification and data capture devices such as smart cards, wearable devices, smart glasses and biometric systems, the hardware segment held the largest market with a CAGR of 14.7% over the forecast period.
The major key vendors in the Automatic Identification Data Capture market are:
To learn more about the Automatic Credentials Capture Market report, please visit @ https://www.emergenresearch.com/industry-report/automatic-identification-data-capture-market
Emergen Research has segmented the global automatic identification and data capture market on the basis of product, offerings, end use, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Magnetic Stripe Cards
Voice activated WMS
Ready to wear
Optical character recognition systems
Virtual reality solutions
Offers (Revenue, Billions USD; 2017-2027)
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Energy & Power
North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of the 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, United Arab Emirates, South Africa, Rest of MEA)
We can customize our reports for our clients, for example we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us @ https://www.emergenresearch.com/request-for-customization/199
The research provides answers to the following key questions:
What will be the growth rate and market size of the Automatic Identification Data Capture market for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Automatic Credential Data Capture market across different regions?
What are the main driving forces expected to decide the fate of the organic industry in the world?
Who are the major market players standing out in the Automatic Credential Data Capture market with their winning strategies?
What automatic identification data capture market trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the main obstacles and threats likely to hinder the development of the industry?
What are the future opportunities in the Automatic Credential Data Capture market?
Why choose Emergen Research?
Strong focus on industry
Extensive product offerings
Customer research services
Robust research methodology
Latest technological developments
Value chain analysis
Potential market opportunities
Chapter 1. Methodology and sources
1.1. Market definition
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2019-2027
Chapter 3. Main information
Chapter 4. Automatic Identification and Data Capture Market Segmentation and Impact Analysis
4.1. Automatic Identification and Data Capture Market Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market driver analysis
188.8.131.52. Increase in cyber threats to critical infrastructure
184.108.40.206. Growing adoption of industrial automation and IoT
4.2.3. Analysis of market constraints
220.127.116.11. Risk of malware attacks
18.104.22.168. High deployment cost
4.3. Technological insights
4.4. Regulatory framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact assessment
Check out other reports on emerging research:
ground defense systems market https://www.emergenresearch.com/industry-report/ground-defense-system-market
3D Printing Software and Services Market:https://www.emergenresearch.com/industry-report/3d-printing-software-and-services-market
Free space optics communication technologies market: https://www.emergenresearch.com/industry-report/vertical-farming-market
Free space optics communication technologies market:https://www.emergenresearch.com/industry-report/free-space-optics-communication-technology-market
Military Robots Market:https://www.emergenresearch.com/industry-report/military-robots-market
At Emergen Research, we believe in the advancement of technology. We are a growing market research and strategy consulting company with a comprehensive knowledge base of cutting edge and potentially disruptive technologies in the market that are expected to become more prevalent over the next decade.
Thanks for reading our report. To find more details about the report or to inquire about its customization, please let us know and we will provide the report as needed.