openPR Logo
Press release

Automatic Identification & Data Capture Market Size

Automatic Identification & Data Capture Market

Automatic Identification & Data Capture Market

As per the research conducted by GME, the Global Automatic Identification & Data Capture Market will grow with a CAGR value of 14.5 percent from 2021 to 2026. The automatic identification and data capture (AIDC) system is employed across different verticals to automatically identify products and capture the desired data and process it into the computer system. The AIDC market is largely driven by increasing usage of AIDC system in electronic toll collection, increasing focus on adoption of faster, automated and accurate data identification and capturing system, rising e-commerce sector, rising usage of in retail segment and at point of sale, rising demand in banking and finance sector, growing demand for reducing service time and cost, rising usage of smartphone for QR codes scanning and increasing demand across different industry verticals.

Browse 153 Market Data Tables and 113 Figures spread through 183 Pages and in-depth TOC on “Global Automatic Identification & Data Capture Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-automatic-identification-and-data-capture-market-3067

By Product (Barcoding Solutions, Smart Cards, Optical Character Recognition (OCR) Systems, RFID Systems, Magnetic Stripe Cards, Voice-Directed WMS, Heads-up Displays, VR Solutions, Wearables, Google Glass and Biometric Systems), By Offering (Hardware, Software, and Services), By Vertical (Manufacturing, Retail, Transportation & Logistics, Hospitality, Banking & Finance, Healthcare, Government, Commercial and Energy & Power), By Region (North America, Europe, Asia Pacific, MEA, and CSA), End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• Automatic identification and data capture (AIDC) is a technological system that is used to automatically detect the object, capture the necessary data about the object and automatically feed the data to the computer system without any human intervention.
• Barcode readers are widely used in retail, healthcare, manufacturing, warehousing, education, banking, among others, and provide a faster throughput rate and reduce human error.
• As per the United Nations Conference on Trade and Development (UNCTAD), the global e-commerce revenue stands at $ 25.6 billion worldwide in the year 2018 and it is estimated that more than 1.4 billion population across the globe uses e-commerce websites for shopping.
• Owing to the rising usage of the AIDC system for inventory management and the rising number of goods produced, the market for the manufacturing vertical segment will be the largest
• There are large investments made in the retail and manufacturing industries and the increasing recognition and growing adoption of AIDC products, the government legislation on the use of AIDC technology, and a rising E-commerce industry are major factors driving the growth of the APAC regional segment.
• Honeywell (US), SICK AG (Germany), Toshiba (Japan), Datalogic S.p.A. (Italy), Cognex Corporation (US), Zebra Technologies (US), Panasonic Corporation (Japan), Thales (France) and NXP Semiconductors N.V. (Netherlands) are the major players in the automatic identification and data capture market

Browse the Report @ https://www.globalmarketestimates.com/market-report/global-automatic-identification-and-data-capture-market-3067

Product Outlook (Revenue, USD Billion, 2021-2026)
• Barcoding solutions
• Smart cards
• RFID systems
• Biometric systems
• Magnetic stripe cards
• Optical character recognition (OCR) systems
• Voice-directed WMS
• Heads-up displays
• Wearables
• VR solutions
• Google Glass

Offering Outlook (Revenue, USD Billion, 2021-2026)
• Hardware
• Software
• Services

Vertical Outlook (Revenue, USD Billion, 2021-2026)
• Manufacturing
• Retail
• Transportation & Logistics
• Hospitality
• Banking & Finance
• Healthcare
• Government
• Commercial
• Energy & power

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India

Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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 & Data Capture Market Size here

News-ID: 2279519 • Views:

More Releases from Global Market Estimates Research & Consultants

Global Market Estimates Hosts Exclusive Webinar on Future Trends in Quick Commerce
Global Market Estimates Hosts Exclusive Webinar on Future Trends in Quick Commer …
Gain Strategic Insights and a Comprehensive Report on August 1st Global Market Estimates (GME) is excited to announce an exclusive webinar, "Future Trends in the Global Quick Commerce Market: Forecasts to 2029," scheduled for August 1, 2024, at 11am EST. This insightful session will feature Mr. Yash Jain, Director - Global Accounts & Strategic Advisory. For a registration fee of USD 499, attendees will receive a comprehensive report valued at USD 5,450,
Global Flare Monitoring Market Size & Trends
Global Flare Monitoring Market Size & Trends
According to a new market research report published by Global Market Estimates, the global flare monitoring market is expected to grow at a CAGR of 6.5% from 2024 to 2029. Global flare monitoring market growth is driven by factors such as safety and risk management and growing emphasis on reduction of emissions. Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release Key Market Insights • As per
Global Fiber Optic Component System Market Size & Trends
Global Fiber Optic Component System Market Size & Trends
According to a new market research report published by Global Market Estimates, the global fiber optic component system market is expected to grow at a CAGR of 8.46 % from 2024 to 2029. Global fiber optic component system market growth is driven by factors such as growing demand for safety regulations and technological developments. Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release Key Market
Global Rechargeable Battery Market Size & Trends
Global Rechargeable Battery Market Size & Trends
According to a new market research report published by Global Market Estimates, the global rechargeable battery market is expected to grow at a CAGR of 15.4% from 2024 to 2029. Rechargeable batteries have been growing in popularity due to their inherent superiority over disposable batteries in environmental pollution. As rechargeable batteries can be recharged after every use, they cause much lower environmental degradation as compared to disposable batteries, which are discarded

All 5 Releases


More Releases for Data

HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data. Specialized components backed up by AI and
Global Data Analytics Outsourcing Market |data analytics outsourcing, big data o …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Global Data Analytics Outsourcing Market “ The report on data analytics outsourcing market provides analysis for the period 2016 – 2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers major trends and technologies playing
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to
Data Quality and Data Governance Solution Market - Demand For Cost-Effective Dat …
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology. Data quality and data governance