Global Automatic Identification and Data Capture (AIDC) Market Analysis by 2025

According to IMARC Group’s latest report, titled “Automatic Identification and Data Capture (AIDC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global automatic identification and data capture market grew at a CAGR of 11% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during the next five years.

Automatic identification and data capture (AIDC) technique is used to obtain, record, and convert data into a digital file. This file may include images, audio, and other digital data, transferable into a computer without human intervention. Few common AIDC tools are barcode scanners, magnetic strips, smart cards, optical character recognition (OCR), biometric systems, and radio frequency identification (RFID) systems. These tools offer data encoding, machine scanning, and data decoding, which are widely employed in asset and inventory management, security, and workflow management across industries.


Market Growth Drivers:

Growing digitization and expanding industrial automation have enlightened the end-users regarding the benefits of advanced systems for data security, driving the demand for AIDC solutions. Additionally, the growing adoption of these tools in the healthcare industry for enhanced visibility of information, accurate data capturing, and optimal operational efficiency. Moreover, technological innovations, like RFID systems, including scanners and tags, find applications across various industries, which further induces the automatic identification and data capture market growth. The deployment of favorable government policies to promote the adoption of AIDC solutions are also expected to foster the automatic identification and data capture (AIDC) market.

Automatic Identification and Data Capture Market 2020-2025 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the automatic identification and data capture market has been studied in the report with the detailed profiles of the key players operating in the AIDC market.

Some of these key players include:
Alien Technology LLC
Cognex Corporation
Datalogic S.p.A. (Hydra SpA)
Epson America Inc. (Seiko Epson Corporation)
Godex International Co Ltd.
Honeywell International Inc.
NEC Corporation
NXP Semiconductors N.V.
Sato Holdings Corporation
Sick AG
Synaptics Incorporated
Toshiba TEC Corporation
TSC Auto ID Technology Co. Ltd.
Zebra Technologies Corporation

The report has segmented the global automatic identification and data capture market on the basis of offering, product type, vertical and region.

Breakup by Offering:
Hardware
Software
Services
 
Breakup by Product Type:
Barcode Scanners
Magnetic Stripe Cards
Smart Cards
Optical Character Recognition (OCR) Systems
RFID Products
Biometric Systems
 
Breakup by Vertical:
Manufacturing
Retail
Transportation and Logistics
Banking and Finance
Healthcare
Government
Others
 
Breakup by Region:

North America
United States
Canada

Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others

Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America
Brazil
Mexico
Others

Middle East and Africa


Key highlights of the report:
Market Performance (2014-2019) 
Market Outlook (2020- 2025)
The Impact of COVID-19 on the Global Market
Market Drivers and Success Factors
Value Chain
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Report:



About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

Comments

Popular posts from this blog

Gas Compressors Market Size, Trends & Growth With Top Companies Analysis by 2025

Dairy Alternatives Market Size, Companies Share, Future Trends, Scope and Growth by 2025

Automotive Differential Market Analysis by Industry Trends, Demand and Competitive Landscape 2023-2028