Automatic Identification & Data Capture (AIDC) Market; Industry 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 across industries.

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Growth Drivers:

Growing digitization and expanding industrial automation have enlightened the end-users regarding the benefits of advanced systems for data security, driving the demand for AIDC solutions. Additionally, the growing adoption of these tools in the healthcare industry for enhanced visibility of information, accurate data capturing, and optimal operational efficiency. Moreover, technological innovations, like RFID systems, including scanners and tags, find applications across various industries, which further induces the automatic identification and data capture market growth. The deployment of favorable government policies to promote the adoption of AIDC solutions are also expected to foster the automatic identification and data capture (AIDC) market.

Automatic Identification and Data Capture Market 2020-2025 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the automatic identification and data capture market has been studied in the report with the detailed profiles of the key players operating in the AIDC market.

Some of these key players include:
• Alien Technology LLC
• Cognex Corporation
• Datalogic S.p.A. (Hydra SpA)
• Epson America Inc. (Seiko Epson Corporation)
• Godex International Co Ltd.
• Honeywell International Inc.
• NEC Corporation
• NXP Semiconductors N.V.
• Sato Holdings Corporation
• Sick AG
• Synaptics Incorporated
• Toshiba TEC Corporation
• TSC Auto ID Technology Co. Ltd.
• Zebra Technologies Corporation

The report has segmented the global automatic identification and data capture market on the basis of offering, product type, vertical and region.

Breakup by Offering:
• Hardware
• Software
• Services

Breakup by Product Type:
• Barcode Scanners
• Magnetic Stripe Cards
• Smart Cards
• Optical Character Recognition (OCR) Systems
• RFID Products
• Biometric Systems

Breakup by Vertical:
• Manufacturing
• Retail
• Transportation and Logistics
• Banking and Finance
• Healthcare
• Government
• Others

Breakup by Region:
• North America
• United States
• Canada

• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others

• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others

• Latin America
• Brazil
• Mexico
• Others

• Middle East and Africa

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Key highlights of the report:
• Market Performance (2014-2019)
• Market Outlook (2020- 2025)
• The Impact of COVID-19 on the Global Market
• Market Drivers and Success Factors
• Value Chain
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.