Automatic identification and data capture (AIDC) is a set of advanced technologies which are mainly used for data collection from an object, image, individual, or sound. These technologies mainly used to mange security, document, assets, delivery, and inventory. AIDC widely used in various end use industries such as Manufacturing, Retail, Transportation & Logistics, Healthcare, Government, and Others.
Increase in growth of E-commerce industry across the globe is the key driving factor which is expected to boost the global automatic identification and data capture market growth. Furthermore, increase in use of smartphones for QR scanning and image recognition will positively influence the market growth. Also, growing demand of these solutions due to their ability to reduce queuing and transaction time and offer greater convenience to users in making small value payments. It is another driving factor which is expected to propel the global automatic identification and data capture market growth over the forecast period. Moreover, increase in focus of organizations to implement new and improved supply chain management tools along with requirement for automatic identification and data capture solutions will drive the market growth during this forecast period.
However, high deployment cost is the major challenging factor which is expected to hinder the global automatic identification and data capture market growth. Also, increase in malware attacks and security breaches followed by data theft will affect the market growth.
Global Automatic Identification and Data Capture Market is segmented into offering such as Hardware, Software, and Services, by product such as Magnetic, Stripe Cards, Barcodes, Optical Character Recognition Systems, Radio Frequency Identification Systems, and Biometric Systems. Further, market is segmented into vertical such as Manufacturing, Retail, Transportation & Logistics, Healthcare, Government, and Others.
Also, Global Automatic Identification and Data Capture Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as HONEYWELL, ZEBRA TECHNOLOGIES, SICK AG, COGNEX, TOSHIBA, GETAC, DELL, SAMSUNG, and PANASONIC.
Market Drivers
Increase in growth of E-commerce industry across the globe is the key driving factor which is expected to boost the global automatic identification and data capture market growth. Furthermore, increase in use of smartphones for QR scanning and image recognition will positively influence the market growth. Also, growing demand of these solutions due to their ability to reduce queuing and transaction time and offer greater convenience to users in making small value payments. It is another driving factor which is expected to propel the global automatic identification and data capture market growth over the forecast period. Moreover, increase in focus of organizations to implement new and improved supply chain management tools along with requirement for automatic identification and data capture solutions will drive the market growth during this forecast period.
Market Restraints
However, high deployment cost is the major challenging factor which is expected to hinder the global automatic identification and data capture market growth. Also, increase in malware attacks and security breaches followed by data theft will affect the market growth.
Market Segmentation
Global Automatic Identification and Data Capture Market is segmented into offering such as Hardware, Software, and Services, by product such as Magnetic, Stripe Cards, Barcodes, Optical Character Recognition Systems, Radio Frequency Identification Systems, and Biometric Systems. Further, market is segmented into vertical such as Manufacturing, Retail, Transportation & Logistics, Healthcare, Government, and Others.
Also, Global Automatic Identification and Data Capture Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as HONEYWELL, ZEBRA TECHNOLOGIES, SICK AG, COGNEX, TOSHIBA, GETAC, DELL, SAMSUNG, and PANASONIC.
Market Taxonomy
By Offering
- Hardware
- Software
- Services
By Product
- Magnetic Stripe Cards
- Barcodes
- Optical Character Recognition Systems
- Radio Frequency Identification Systems
- Biometric Systems
By Vertical
- Manufacturing
- Retail
- Transportation & Logistics
- Healthcare
- Government
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Automatic Identification and Data Capture Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
1 Introduction
2 Research Methodology
4 Global Automatic Identification and Data Capture Market Outlook
5 Global Automatic Identification and Data Capture Market, By Offering
6 Global Automatic Identification and Data Capture Market, By Product
7 Global Automatic Identification and Data Capture Market, By Vertical
8 Global Automatic Identification and Data Capture Market, By Region
9 North America Automatic Identification and Data Capture Market Analysis and Forecast (2020-2027)
10 EuropeAutomatic Identification and Data Capture Market Analysis and Forecast (2020-2027)
11 Asia Pacific Automatic Identification and Data Capture Market Analysis and Forecast (2020-2027)
12 Latin America Automatic Identification and Data Capture Market Analysis and Forecast (2020-2027)
13 Middle East Automatic Identification and Data Capture Market Analysis and Forecast (2020-2027)
14 Competitive Analysis
15 Company Profiles
Companies Mentioned
- HONEYWELL
- ZEBRA TECHNOLOGIES
- SICK AG
- COGNEX
- TOSHIBA
- GETAC
- DELL
- SAMSUNG
- PANASONIC.
