Market Research Reports

According to IMARC Group’s latest report, titled “ Automatic Identification and Data Capture (AIDC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, the global automatic identification and data capture (AIDC) market size reached US$ 49.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 106.5 Billion by 2028, exhibiting a growth rate (CAGR) of 12.6% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form. Automatic identification and data capture (AIDC) refers to the process of obtaining, recording, and converting data into a digital file. It identifies the object and enters the related file into the computer without any human intervention. The stored data file is then compared with other files in a database to provide access to a secured system. Some of the most commonly u...

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 acros...