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Automatic Identification and Data Capture Market Size Worth USD 116.31 Billion in 2028 - Emergen Research
The global Automatic Identification And Data Capture (AIDC) market size reached USD 39.92 Billion in 2020 and is expected to register a revenue CAGR of 14.6%, during the forecast period, according to latest analysis by Emergen Research. Major factors driving global AIDC market revenue growth include rising implementation of these solutions in the e-Commerce industry and rising use in smartphones. Rising adoption of automatic identification and data capture solutions in public transportation is another factor expected to augment revenue growth of the market going ahead. The Dallas Area Rapid Transit (DART), which is the largest municipal transit agency in North Texas, was an early adopter of biometric technology. In its trains, DART has installed facial recognition technology-basedcameras. Biometric systems are used in such cameras for a range of functions, and serve to monitor train capacity, medical emergencies, and lets authorities know whenever a specific individual is or individuals are on board. Other biometric uses include smart ID cards and smart ticketing to identify a person using face recognition in order to access public transportation systems, thereby enabling safer travelling and streamlining ticketing and passenger management processes.
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Key Players Included in this report are:
Cognex Corporation, Zebra Technologies Corporation, Datalogic S.p.A., NXP Semiconductors N.V., Sick AG, Honeywell International Inc., Synaptics Inc., NEC Corporation, Seagull Scientific, Inc., Godex International Co Ltd
What can be explored with the Automatic Identification Data Capture Study?
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Automatic Identification Data Capture by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Automatic Identification Data Capture
Understand the Competitive Scenarios
Track Right Markets
Identify the Right Verticals
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Market Segmentation Analysis
The research report on the Automatic Identification Data Capture market provides players with valuable insights that can help them concentrate on high-growth regions and modify their business plans accordingly. The market is divided into a variety of categories, uses, and geographical areas, and players can benefit from the report's regional segmentation research, which offers pertinent data and insights into important geographic marketplaces.
The report provides an outlook on the revenue generated by the Automatic Identification Data Capture market, which is divided into three categories: hardware, software, and services. This information can be used by players to gain an understanding of the revenue generated by each category and to make informed decisions regarding their investments.
Additionally, the report provides an outlook on the revenue generated by different products in the Automatic Identification Data Capture market. These products include printers and recorders, scanners and readers, biometric scanners, and others. The revenue generated by each product is provided in USD Billion for the years 2018-2028.
The printers and recorders category is further divided into RFID printers, smart card printers, label printers, barcode printers, and magnetic stripe printers. The scanners and readers category includes RFID scanners, magnetic stripe readers, smart card readers, barcode scanners (camera-based scanners, CCD barcode scanners, and laser barcode scanners), and optical character recognition (OCR). The biometric scanners category includes finger print recognition, face recognition, IRIS recognition, and voice recognition.
The report provides players with an in-depth understanding of the Automatic Identification Data Capture market and its various segments. This information can be used by players to make informed decisions regarding their investments and to modify their business plans accordingly. Overall, the report provides valuable insights that can help players succeed in the Automatic Identification Data Capture market.
COVID-19 Impact Analysis
The post-COVID-19 phase has undergone substantial change, and Automatic Identification Data Capture research highlights the opportunities and difficulties that still exist. This study report thoroughly examines the effects of the COVID-19 pandemic on the global economy and post-pandemic market behaviour.
Regional Outlook
We carefully examined each division, regional classification, national study, and subject-specific data set during the market research. This Automatic Identification Data Capture research report's goal is to look at growth patterns, promising futures, important obstacles, and expected results. Information on significant market participants, strategic alliances, plans, new product launches, and joint ventures are all included in the research.
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