Automatic Identification and Data Capture Market Checkout The Unexpected Future Of 2025

Global Automatic Identification and Data Capture Market Analysis

According to Verified Market Research, The Global Automatic Identification and Data Capture Market was valued at USD 33.46 billion in 2017 and is projected to reach USD 85.82 billion by 2025, growing at a CAGR of 12.04% from 2018 to 2025.

What is Automatic Identification and Data Capture (AIDA)?

Automatic Identification and Data Capture (AIDA) includes a list of technologies that are primarily used for collecting data from an individual, image, object or sound without the need to manually enter the data required. These technologies are majorly used to manage documents, security, inventory, assets and delivery. Few of the widely used AIDA technologies include Barcodes, 2D Barcodes, Smart Cards, Radio Frequency Identification (RFID) systems, and Biometrics. These systems are used in sectors like manufacturing, transportation, distribution, medical, government and retail among many others.

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Global Automatic Identification and Data Capture Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

There are several factors that are advantageous to the Automatic Identification and Data Capture market such as the ability to minimize the queuing and transaction time, convenience in making small value payments, adoption by financial institutions and increased use in growing e-commerce industry. However, one of the major restrains in the growth of AIDA market is the high deployment cost.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Automatic Identification and Data Capture Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

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Global Automatic Identification and Data Capture Competitive Landscape
The “Global Automatic Identification and Data Capture Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Datalogic, Honeywell, Zebra Technologies, SICK AG, Cognex, Toshiba, NEC, MXP, Synaptics and SATO. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

Global Automatic Identification and Data Capture, By Offering

• Hardware
• Software
• Services

Global Automatic Identification and Data Capture, By Product

• Barcodes
• Magnetic Stripe Cards
• Smart Cards
• Optical Character Recognition (OCR) Systems
• Radio Frequency Identification (RFID) Systems
• Biometric Systems

Global Automatic Identification and Data Capture, By Vertical

• Manufacturing
• Retail
• Transportation & Logistics
• Banking & Finances
• Healthcare
• Government
• Others

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Global Automatic Identification and Data Capture Market Geographic Scope

• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World

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This release was published on openPR.