openPR Logo
Press release

Automatic Identification and Data Capturing Systems Market: Pin-Point Analysis For Changing Competitive Dynamics

03-14-2018 10:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Automatic Identification and Data Capturing Systems Market:

Automatic identification and data capture or AIDC refers to the process involving identification of objects, collecting the related data, and entering it directly into computer systems or other microprocessor-controlled systems without resorting to the manual method of data entry. AIDC primarily consists of three principal technologies applied sequentially viz. data encoding, machine reading, and data decoding.

Through the AIDC process, external data is obtained by analyzing sounds, images, or videos, wherein the received data may be in the form of videos, images, or sounds. In this process, the data is first converted into a digital file and then, entered into the computer system. A transducer is employed for converting the actual data into a digital file.

Obtain Report Details https://www.transparencymarketresearch.com/automatic-identification-data-capturing-systems-market.html

After this, a database is fed into the computer system, after which the data file is analyzed by the computer. This data file is then compared with other files present in the database for verification or authentication before entering it in the secured system. This helps in reduction of dependency on manual labor and results in growing usage of AIDC systems across different industries. The global market for automatic identification and data capturing systems has been segmented on the basis of technology, end-use industry, and geography.

Based on technology, the market has been divided into barcodes, biometrics, optical character recognition (OCR), voice recognition, radio frequency identification, magnetic stripes, and smart cards. Various end-use industries of AIDC systems include automotive; manufacturing; health care; retail; banking, financial services & insurance (BFSI); and aerospace & defense.

Brochure With Latest Advancements and Application https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=27026

Based on geography, the global automatic identification and data capturing systems market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Reduction in the dependency on manual labor has been a major driver for the market. Application of AIDC systems eliminates the dependence on manual labor, thereby saving a lot of time of the companies. AIDC further helps in identification of objects more efficiently and accurately, especially in case of automation of documents. Furthermore, these systems provide exclusivity to people along with restricted access.

This ensures that the information is accessed by the right person, without compromising on confidentiality. However, certain restraints such as high cost have posed challenges for the implementation of AIDC systems across different industries. Moreover, security-related issues may refrain different organizations from using the AIDC technology.

Get Table of Content for detail analysis https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=27026

This factor is another important restraint for the market. On the other hand, the rising number of government mandates, rules and regulations in the health care sector boosting the applications of AIDC is expected to present numerous growth opportunities for this market in the next few years.

Geographically, North America is a leading market for AIDC systems, followed by Europe. Rise in demand for automated systems that reduce the dependence on manual labor as well as the emergence of cloud-based technology for maintaining databases are a few important factors that drive the market for AIDC systems in these two regions.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Capturing Systems Market: Pin-Point Analysis For Changing Competitive Dynamics here

News-ID: 977845 • Views: 75

More Releases from Transparency Market Research

Pre-Printed Paper Rolls Market - Current Trends, Competitive Landscape & Technol …
Pre-Printed Paper Rolls Market - An Overview: Pre-printed paper rolls can be a powerful marketing tool for any business. In addition to these pre-printed paper rolls can be used for several applications such as labels, tapes, QR codes, etc. Pre-printed paper rolls are cost-effective and form a brand impression on consumers. Pre-printed paper rolls can be printed in many colors. They are colorful and appealing and are not like ordinary papers.
Great Opportunities for Research With Paperboard Mailing Tube Market
Paperboard Mailing Tube Market: An Overview Paperboard mailing tubes are paperboard tubes, manufactured from either wood pulp or recycled pulp. These tubes are durable and strong yet light in weight and can have customized dimensions depending on the applications. Paperboard mailing tubes are used for shipping and mailing of blueprints, posters, maps, and other fragile business mailing applications. Manufacturers are providing paperboard mailing tubes with multiple layers for added strength and
Butt Cut Labels Market | Provides Veritable Information on Size, Growth Trends a …
Butt Cut Labels Market: An Overview In labeling, the butt cut labels are typically refers to labels which are sliced, leaving no gap between the labels. These labels are usually cut to largest possible size of labels within the accessible dimension of a laminate. Butt cut labels generate a layout which decreases the risks of labels separating from their backing sheet throughout the printing process. Butt cut labels are manufacture from
Graduated Bottles Market | Key Market Trends Significant To The Growth Prospects
Graduated Bottles Market: An Overview Graduated bottles are equipped with a measuring tip to dispense just the right amount of product with precision to avoid waste. Graduated bottles are manufactured from high-quality materials such as glass and plastic. Graduated bottles are lightweight, handy, easy to wash, and suitable for contact with food. The graduated bottle is crystal clear and designed with a slight shoulder for easy dispensing and handling. The external

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