Automatic Identification Data Capture Market Overview, Market Scope , Trends , Top Key Players , Share To 2028

The report has gather vital information about recent mergers and acquisitions, joint ventures, collaborations, partnerships, brand promotions, R&D activities, and government and corporate deals, among others through extensive primary and secondary 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 report also offers detailed analysis of each competitor along with their financial standing, global market position, product portfolio, manufacturing and production capacity, and business expansion plans. 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-based cameras.

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The research report gives a special focus on the strengths and weaknesses of the leading participants and offers a comprehensive SWOT analysis and an investigative study for their evolution through extensive historical analysisBiometric 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.

Leading Players Analyzed in the Report:

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., and Godex International Co Ltd.

Scope of the reports:

The study draws a forecast of the growth of the Automatic Identification Data Capture Market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global Automatic Identification Data Capture Market . The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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Key Highlights From The Report

Barcodes segment revenue is expected to expand at a substantially rapid CAGR during the forecast period due to rising usage of barcode technology to monitor, identify, and count products across various industries, such as retail, healthcare, manufacturing, and others.

Healthcare segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising integration of automatic identification and data capture solutions in operating healthcare systems as a result of rising need for better care management, boosting the operating effectiveness of the medical workforce, improving patient safety, and lowering medication errors.

North America is expected to register a considerable revenue growth rate over the forecast period due to the high presence of key market players such as Cognex Corporation, Zebra Technologies Corporation, Honeywell International Inc., and Synaptics Inc. among others in countries in the region.

Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

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Emergen Research has segmented the global automatic identification and data capture (AIDC) on the basis of offering, product, technology, end-use, and region:

Offering Outlook (Revenue, USD Billion; 2018–2028)

Hardware

Software

Services

Product Outlook (Revenue, USD Billion; 2018–2028)

Printer & Recorder

RFID Printers

Smart Card Printers

Label Printers

Barcode Printers

Magnetic Stripe Printers

Biometric Scanners

Finger Print Recognition

Face Recognition

IRIS Recognition

Voice Recognition

Others

Technology Outlook (Revenue, USD Billion; 2018–2028)

Radio Frequency Identification (RFID)

Optical Character Recognition (OCR)

Biometrics

Magnetic Strips

Smart Cards

Barcodes

Global Automatic Identification Data Capture Market Geographical Landscape – Synopsis:

The report closely studies the growth trajectory of the global Automatic Identification Data Capture Market . It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.

Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.

Key Objectives of the Automatic Identification Data Capture Market Report:

Analysis and estimation of the Automatic Identification Data Capture Market size and share for the projected period of 2028

Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape

Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Free Space Optics Communication Technology Market

Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments

Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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What our reports offer:

Market share assessments for the regional and country-level segments

Strategic recommendations for the new entrants

covers market data for 2019, 2020, till 2028

Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Table of Contents:

Chapter 1 includes an introduction of the global Automatic Identification Data Capture Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.

Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.

Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.

In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.

Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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