Global Automatic Identification and Data Capture (AIDC) Market 2022-2027

Global Automatic Identification and Data Capture (AIDC) Market Research Report 2022-2027

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Report Description

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Report Description and Highlights Report Description Global Automatic Identification and Data Capture (AIDC) Market Outlook 2022-2027: The latest report by IMARC Group, titled “Automatic Identification and Data Capture (AIDC) Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” finds that the global automatic identification and data capture (AIDC) market size reached US$ 43.7 Billion in 2021.

Automatic identification and data capture (AIDC) refers to the process of obtaining, recording, and converting data into a digital file. It identifies the object and enters the related file into the computer without any human intervention. The stored data file is then compared with other files in a database to provide access to a secured system. Some of the most commonly used AIDC solutions include barcodes, radio frequency identification (RFID) tags and readers, magnetic stripes, voice recognition, and handheld and fixed-position scanners. These solutions are widely utilized to manage assets, documents, inventory security and delivery processes across various industries.

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Report Description and Highlights

Report Description

Global Automatic Identification and Data Capture (AIDC) Market Drivers/Constraints: The market is primarily driven by the growing automation across multiple industries. Nowadays, AIDC devices, such as scanners and tags, are widely used across sports, manufacturing, retail, education, and logistics industries for workflow and asset and inventory management. In addition, the increasing technological advancements in RFID systems represent another major growth-inducing factor.

Besides this, various financial institutions are adopting biometrics and smart card solutions to safeguard the transaction procedure and provide an additional layer of protection for sensitive data. This, coupled with the growing utilization of AIDC devices in the healthcare sector for non-clinical applications, such as tracking medical staff and assets and managing the supply chain of numerous healthcare products, is positively influencing the market growth. Moreover, several initiatives undertaken by governments of different nations to encourage the use of advanced AIDC solutions is also creating a positive market outlook.

Looking forward, IMARC Group expects the market to reach US$ 95.8 Billion by 2027, exhibiting a CAGR of 14.15% during the forecast period (2022-2027).

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Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Offering: •Hardware •Software •Services

Report Description and Highlights

Report Description Breakup by Product Type:

•Barcode Scanners •Magnetic Stripe Cards •Smart Cards •Optical Character Recognition (OCR) Systems •RFID Products •Biometric Systems

Breakup by Vertical:

•Manufacturing •Retail •Transportation and Logistics •Banking and Finance •Healthcare •Government •Others

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. click here: https://www.imarcgroup.com/request?type=report&id=2352&flag=E

Report Description and Highlights

Report Description Competitive Landscape:

•Alien Technology LLC •Cognex Corporation •Datalogic S.p.A. (Hydra SpA) •Epson America Inc. (Seiko Epson Corporation) •Godex International Co Ltd. •Honeywell International Inc. •NEC Corporation •NXP Semiconductors N.V. •Sato Holdings Corporation •Sick AG •Synaptics Incorporated •Toshiba TEC Corporation •TSC Auto ID Technology Co. Ltd. •Zebra Technologies Corporation

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report: •How has the global automatic identification and data capture (AIDC) market performed so far and how will it perform in the coming years?

•What has been the impact of COVID-19 on the global automatic identification and data capture (AIDC) market?

•What are the key regional markets?

•What is the breakup of the market based on the offering?

•What is the breakup of the market based on the product type?

•What is the breakup of the market based on the vertical?

•What are the various stages in the value chain of the industry?

•What are the key driving factors and challenges in the industry?

•What is the structure of the global automatic identification and data capture (AIDC) market and who are the key players?

•What is the degree of competition in the industry?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description

Table of Contents

5 Global Automatic Identification and Data Capture (AIDC) Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

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of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

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