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 acros...