Growing implementation of AIDC solutions in the e-commerce industry and increased usage of the solutions in smartphones are key factors driving the market.
— Emerging research
VANCOUVER, BRITISH COLUMBIA, CANADA, Sept. 12, 2022 /EINPresswire.com/ — The Global Automatic Identification and Data Capture Market Research Report added by Emergen Research to its expanding repository is a comprehensive document containing relevant data on automatic identification and data capture. Data Capture market and its key elements. The report is formulated from extensive primary and secondary research and is organized to provide readers and businesses with a competitive edge over other industry players.
The report evaluates historical data and the current scenario to offer precise estimations for the Automatic Identification and Data Capture market in the coming years. The report estimates the automatic identification and data capture market to be worth USD 116.31 billion by 2028, growing steadily at a CAGR of 14.6%.
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The Automatic Identification and Data Capture research report also includes an in-depth study of key industry players along with their business overview, strategic planning, and business expansion plans adopted by them. It helps readers and business owners formulate strategic expansion and investment plans. It also offers insight into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Automatic Identification and Data Capture market landscape.
The main companies studied in the report are:
Cognex Corporation, Zebra Technologies Corporation, Datalogic SpA, NXP Semiconductors NV, Sick AG, Honeywell International Inc., Synaptics Inc., NEC Corporation, Seagull Scientific, Inc. and Godex International Co Ltd.
Based on regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia-Pacific, Middle East & Africa. The market is expected to be dominated by North American countries, closely followed by European countries. Asia-Pacific is expected to show significant growth due to recent progress and increased investment in the R&D sector.
Emergen Research has segmented Global Automatic Identification and Data Capture (AIDC) on the basis of offering, product, technology, end-use, and region:
Supply Outlook (Revenue, USD Billion; 2018-2028)
Product Outlook (Revenue, USD Billion; 2018-2028)
• Printer and recorder
2. Smart card printers
3. Label printers
4. Barcode printers
5. Magnetic stripe printers
• Scanners and readers
2. Magnetic Stripe Readers
3. Smart card readers
4. Barcode scanners
• Camera-based scanners
• CCD barcode scanners
• Laser barcode readers
5. Smart card readers
6. Optical Character Recognition (OCR)
• Biometric scanners
1. Fingerprint recognition
2. Facial recognition
3. IRIS recognition
4. Voice recognition
Technology Outlook (Revenue, USD Billion; 2018-2028)
• Radio frequency identification (RFID)
• Optical Character Recognition (OCR)
• Magnetic tapes
End-Use Outlook (Revenue, USD Billion; 2018-2028)
• Transport and logistics
• Health care
• E-commerce and retail
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Key questions answered by the report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements in the market?
What are the key strategies adopted by the leading players of the Automatic Identification and Data Capture market?
What are the main product types and applications of the automatic identification and data capture industry?
What is the result of the SWOT analysis and Porter’s five forces analysis?
How is the Competitive Landscape of the Automatic Identification and Data Capture Market?
Who are the major players in the industry?
What is the growth rate of the industry in the coming years?
What will be the valuation of the Automatic Identification and Data Capture Market by 2027?
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Automatic identification and data capture market size worth USD 116.31 billion in 2028