Automatic Identification Data Capture Market Overview Highlighting Major Drivers, Trends, Growth Rate and Demand Report 2020- 2027

The global Automatic Identification & Data Capture Market is forecasted to be worth USD 102.35 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the increasing e-commerce industry, the rising use of smartphones for QR code scanning and image recognition, and the adoption of automatic detection and data collection solutions are anticipated to augment market growth. It is expected that increasing prospects in the supply chain management and healthcare sectors will further increase the implementation of this technology.

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The research report offers insightful data about both organic and inorganic approaches undertaken by the players in the global Automatic Identification Data Capture market. The major companies are working towards fortifying their presence in the market through a series of strategic alliances, product innovations, product launches, and other fruitful business plans. The global Automatic Identification Data Capture market report provides extensive coverage of the business deals, collaborations, mergers and acquisitions, joint ventures, partnerships, and government deals. The prominent players of the global Automatic Identification Data Capture market are expected to contribute significantly to the revenue generation owing to increasing demand for the Automatic Identification Data Capture products in the industry.

Prominent Players Profiled in the Automatic Identification Data Capture Market:

Toshiba Corporation, Epson America Inc., Unitech Electronics Co. Ltd., Seagull Scientific Inc., Zebra Technologies Corporation, SATO Holdings Corporation, IMPINJ Inc., SICK AG, Allien Technology Corporation, and Panasonic Corporation, among others.

Key Highlights From The Report

• In February 2020, IMPINJ Inc. launched the Future-Proofed RAIN RFID Reader. This is expected to further boost the capabilities of track-and-trace and resource management in logistics operations.
• The smart card segment is expected to witness significant growth over the forecasted period due to large application areas, the accessibility of smart cards used for identity verification, credit cards, ATM cards, and health cards.
• Due to the huge requirement for hardware in various automatic identification and data capture devices such as smart cards, wearable devices, smart glasses, and biometric systems, the hardware segment held the largest market with a CAGR of 14.7% during the forecast timeframe.
• Owing to growing production efficiency and saving costs achieved by the use of Automated Detection & Data Capture devices, the manufacturing sector is anticipated to dominate the market over the forecast period, enabling manufacturing to support the high number of products flowing through the supply chain process effectively.

Market Segmentation:

Emergen Research has segmented the global Automatic Identification & Data Capture Market on the basis of product, offerings, end-use, and region:

• Product Outlook (Revenue, USD Billion; 2017-2027)
o Biometric Systems
o Smart Cards
o Barcoding Solutions
o Magnetic Stripe Cards
o RFID Systems
o Voice-Directed WMS
o Wearables
o Optical Character Recognition Systems
o Google Glass
o Vr Solutions
o Heads-Up Displays
• Offerings (Revenue, USD Billion; 2017-2027)
o Software
o Hardware
o Services
• End-Use Outlook (Revenue, USD Billion; 2017-2027)
o Healthcare
o Manufacturing
o Transportation
o BFSI
o Energy & Power
o Retail
o Logistics
o Others

Regional Analysis:

The report provides an investigation of the global market in various geographical regions. The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report covers a detailed examination of the market scenarios and trends on a regional and global level.
Key geographical regions analyzed in the report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The report presents a holistic overview of the market in terms of market size, market share, regional analysis, regulatory framework, technological developments, product advancements, factors influencing the market growth, and impact analysis of the drivers and restraints. It offers an analysis of the factors having the potential to affect the dynamics of the demand and supply, along with current and emerging trends. These assessed key elements offer accurate insights into the market for the forecast period of 2020-2027.

Summary of the Global Automatic Identification Data Capture Report:

• Comprehensive analysis of the market including risks and opportunities
• Details of business strategies and plans undertaken by key market players
• Analysis of current and future trends that will affect the growth of the market in the forecast timeline
• In-depth analysis of drivers and constraints for better understanding of the market
• The report encompasses a detailed forecast for the years 2020-2027.
• The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Automatic Identification & Data Capture Market Segmentation & Impact Analysis
4.1. Automatic Identification & Data Capture Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing cyber threats on critical infrastructure
4.2.2.2. Growing adoption of industrial automation and IoT
4.2.3. Market restraints analysis
4.2.3.1. Risk of malware attacks
4.2.3.2. High deployment cost
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

READ MORE…!

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