openPR Logo
Press release

Automatic Identification and Data Capture Market | AIDC Market to Witness Huge Growth by Leading Key Players: Zebra Technologies Corporation, Honeywell International Inc., Toshiba TEC Corporation, Sato Holdings Corporation , TSC Auto ID Technology Co., Lt

07-17-2019 11:02 AM CET | IT, New Media & Software

Press release from: Meticulous Research®

The global AIDC market will grow at a CAGR of 11% in the next five years to be valued at USD 71.74 billion in 2022, according to this latest publication from Meticulous Research®. The growth of this market is mainly driven by the exponential growth in the adoption of biometric systems in various industries across the globe. In addition, factors such as rising need to eliminate manual data capture & entry errors, increasing government legislatives on the use of AIDC technology, various technological advancements, and growing e-commerce industry are expected to further propel the growth of this market. However, lack of awareness and high upfront investments associated with the installation of certain AIDC products such as RFID and biometric systems are the major pain points, restraining the adoption of this technology.

Key Topics Covered in This Report:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market insights
5. Automatic Identification & Data Capture Market, by Product
6. Automatic Identification & Data Capture Market, by Vertical/Industry
7. Geographical Analysis
8. Competitive Landscape
9. Company Profiles (Overview, Products and Services, Financials, and Developments)

Download free sample report and gain crucial industry insights @https://www.meticulousresearch.com/download-sample-report/cp_id=3176

The global AIDC market is mainly segmented by product (barcode printers, barcode verifiers, barcode scanners, RFID devices, magnetic stripe readers, smart card readers, biometric systems, Optical Character Recognition (OCR), and mobile computers), by vertical/industry (manufacturing, retail, transportation & logistics, banking & financial, healthcare, and others), and by geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

On the basis of product type, biometric systems segment dominated the global AIDC market and is also expected to continue its dominance during the forecast period, owing to their rising adoption by various industries such as banking & financial institutes, government agencies, healthcare facilities, offices, and travel & immigration sector to improve overall security; to keep track of staff, patients, and customers; and for identification of individuals.

On the basis of industry/vertical, retail industry commanded the largest share in the global AIDC market, owing to the higher adoption of automatic identification & data capture technologies such as barcode & RFID for billing, supply chain management, staff & asset tracking, and replenishment ordering in the retail value chain. Moreover, with the growing urbanization and rising demand for various consumer goods, the retail industry is experiencing significant growth in various countries across the globe, thereby increasing the adoption of AIDC technologies in this sector.

North-America accounted for the major share in the global AIDC market in 2016, followed by Europe, and Asia Pacific. The major share of the North American region is mainly attributed to the well-established industrial infrastructure in the region, higher adoption of advanced IT & automation technologies to ensure operational efficiency, favorable government regulations, and easy accessibility to advanced products due to the presence of key players in the region. However, Asian countries are slated to register the fastest growth during the forecast period, primarily due to rising need for automatic data capture technologies to reduce manual errors, continuous shift of manufacturing industry to emerging countries, significantly growing retail industry, and increasing transportation & logistics sector supporting growing manufacturing & retail industry.

Browse in-depth Report on:https://www.meticulousresearch.com/product/automatic-identification-data-capture-aidc-market/

The leading companies operating in AIDC market have employed various strategies to expand their product and application offerings, global footprint, and augment their market share. The key strategies followed by most companies in the global AIDC market were new product launches & product enhancements, partnerships & agreements, mergers & acquisitions, and expansions. The key players in the global AIDC market are Zebra Technologies Corporation, Honeywell International Inc., Datalogic S.p.A., Bluebird Inc., Godex International, Code Corporation, Toshiba Tech Corporation, SATO Worldwide, JADAK Tech, Axicon Auto ID Ltd., Microscan System, Inc., Unitech Electronics Co. Ltd., Opticon Sensors Europe B.V., Impinj Inc., Better Online SolutionsLtd., TSC Auto ID Technology Co., Ltd., Epson America Inc., Allien Technologies Corporation, Avery Dennison Corporation, Newland Europe B.V., and Seagull Scientific Inc.

Contact Us:
Khushal
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004

Asia-Pacific
Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.

For Sales Enquires
India: +91-744-7780008
U.S.: +1-646-781-8004

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automatic Identification and Data Capture Market | AIDC Market to Witness Huge Growth by Leading Key Players: Zebra Technologies Corporation, Honeywell International Inc., Toshiba TEC Corporation, Sato Holdings Corporation , TSC Auto ID Technology Co., Lt here

News-ID: 1805876 • Views: 656

More Releases from Meticulous Research®

Online Language Learning Market Worth $10.5 Billion by 2025
Meticulous Research®– leading global market research company published a research report titled “Online Language Learning Market by Product (Course, Solution, Support), Type (English, French, Spanish, Mandarin, Arabic, Japanese, Italian, German), End (Individual, Corporate, Educational Institution, Government Institution)- Global Forecast to 2025”. According to this latest publication from Meticulous Research®, the global online language learning market is expected to grow at a CAGR of 13.1% from 2019 to reach $10.5 billion
Flexible packaging market|Ongoing Trends and Recent Developments |Major Key Play …
Meticulous Research® –leading global market research company published a research report titled “Flexible Packaging Market by Material (Plastics, Paper, Aluminum Foil, Bioplastics), Design (Stand-Up Pouch, Spouted Pouch, Gusseted Bags, Rollstocks, Blister, Wrap) – Global Forecast to 2023”. Enquire Before Buying @ https://www.meticulousresearch.com/enquire-before-buying/cp_id=4220 According to this latest publication from Meticulous Research®, the global flexible packaging market is expected to grow at a CAGR of 3.7% from 2018 to 2023 to reach USD 243.7 billion
USD $2,281.0 million, Healthcare/Medical Simulation Market | key players are Lae …
The global healthcare/medical simulation market will grow at a CAGR of 15.0% from 2017 to 2022 to reach USD $2,281.0 million by 2022, according to this latest publication from Meticulous Research®. The healthcare/medical simulation market will be driven by the growing need to curtail mounting healthcare costs which is primarily attributed to the shortage of healthcare professional, increased healthcare spending, increased administrative expenses, changing lifestyle choices, availability of high end
Latest Research On Dental CAD/CAM Systems And Consumables Market Worth 2,138.9 U …
Dental CAD/CAM systems and consumables market is expected to grow at a CAGR of 8.7% during the forecast period to reach USD 2,138.9 million by 2022, according to the latest publication from Meticulous Research. Enquire Before Buying @ https://www.meticulousresearch.com/enquire-before-buying/cp_id=3115 Dental CAD/CAM systems have been developed and upgraded in recent times for fabrication of all ceramic restorations. The materials and processes are rapidly evolving, thus giving dental professionals better treatment options. The global

All 5 Releases


More Releases for AIDC

Global Automatic Identification & Data Capture (AIDC) Market Worth USD 71.74 Bil …
Meticulous Research® leading global market research company published a research report titled “Global Automatic Identification & Data Capture (AIDC) Market” will reach USD 71.74 billion by 2022, with a CAGR of 11% from 2017. Automatic Identification & Data Capture (AIDC) Market Size by Product Type (Barcode Printers, Barcode Verifiers, Barcode Scanners, RFID Devices, Magnetic Stripe Readers, Smart Card Readers, Biometrics, Optical Character Recognition, and Mobile Computers), by Vertical/Industry (Manufacturing, Retail,
Automatic Identification and Data Capture (AIDC) Market Will Reach USD 71,749.4 …
Automatic Identification and Data Capture (AIDC) Market has shown strong growth pattern in recent year’s majorly due to growing concerns for reducing data capture errors & related operating expenditure. In addition, rising government legislative on the use of AIDC technology and technological advancements in this market are expected to boost the growth of overall AIDC market. Meticulous Research® in its latest publication on AIDC states that the global Automatic Identification and
Global Healthcare Automatic Identification & Data Capture (AIDC) Market Worth $3 …
The global healthcare automatic identification & data capture (AIDC) market will grow at a CAGR of 15.4% during the forecast period to reach USD 3,122.7 million by 2022, according to this latest publication from Meticulous Research®. AIDC market is driven by the growing need to reduce medical errors & related healthcare expenditure. In addition, growing focus on patient safety, technological revolution, and rising government legislations on the use of barcode
Global Healthcare Automatic Identification & Data Capture (AIDC) Market Volume & …
The Global Healthcare Automatic Identification & Data Capture (AIDC) market 2018 report represents an in-depth and professional documentation of the currents state of market with providing its basic overview. The report includes classifications, industry cost structure, market definitions and supply chain. It provides the development plans as well as policies along with the manufacturing techniques and processes. Get Free Request@ https://www.fiormarkets.com/report-detail/156074/request-sample The analysis of report is mainly based on the industry
Healthcare Automatic Identification & Data Capture (AIDC) Market Size, Industry …
Healthcare Automatic Identification & Data Capture (AIDC) Market, Healthcare Automatic Identification & Data Capture (AIDC) Manufacturers, Healthcare Automatic Identification & Data Capture (AIDC) Market Report, Healthcare Automatic Identification & Data Capture (AIDC) Market Trends, Healthcare Automatic Identification & Data Capture (AIDC) Outlook, Healthcare Automatic Identification & Data Capture (AIDC) Segmentation, Healthcare Automatic Identification & Data Capture (AIDC) Market Share, Healthcare Automatic Identification & Data Capture (AIDC) Report on Global and
Healthcare Automatic Identification & Data Capture (AIDC) Market Size and Share …
The report entitled “global Healthcare Automatic Identification & Data Capture (AIDC) market: Size, Trends & Forecasts (2017-2022)”, provides analysis of the global Healthcare Automatic Identification & Data Capture (AIDC) market, with detailed analysis of market size in terms of value, volume and segments. Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the