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Automatic Identification and Data Capture - Global Market Analysis, Historic Data and forecast Forecast 2017-2026

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hema kumbhar

Summary -   A new market study, titled “Automatic Identification and Data Capture - Global Market Outlook (2017-2026)” has been featured on Wise Guy Reports.

 

According to Stratistics MRC, the global Automatic Identification and Data Capture market is estimated at $30.11 billion in 2017 and is projected to reach $99.36 billion by 2026, at a CAGR of 14.2%. Factors such as growing e-commerce industry, minimizing queuing & transaction time, increasing convenience in making small-value payments and rising adoption of AIDC solutions by financial institutions are expected to drive the market. However, high deployment cost of AIDC solutions is restraining the market growth.

 

ALSO READ: https://www.newsmaker.com.au/news/379342/global-automatic-identification-and-data-capture-market-2020-share-trends-segmentation-and-forecast-to-2025#.X7_Sbc0zbIV

 

Automatic identification and data capture (AIDC) is the use of technology to provide direct data entry to a computer, or other micro-processor controlled system, without resorting to manual methods of data entry. Data collection and maintenance has increasingly been automated to the point where AIDC systems can operate without relying upon human operators for basic data identification and capture. The following applications are regularly operated in AIDC mode such has storage, kitting of parts for assembly, material handling, worker attendance, monitoring work order status, work-in-process, machine utilization, sorting, order picking and other measures of factory operation and performance.

 

Based on Product Type, the Biometric systems segment held considerable market share owing to their rising acceptance by a variety of industries to keep track of staff, patients, and customers; and for identification of individuals. By geography, North America dominated the market 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. Growing importance of AIDC systems in the health care sector has also pushed the market for AIDC in North America and Europe.

 

Some of the key players in Automatic identification and data capture market are Avery Dennison, B.O.S. Better Online Solutions, Epson, Bluebird Inc, NCR, Honeywell International Inc, Casio, Zebra Technologies Corporation, Denso Wave, Code Corporation, M3 Mobile, Newland Europe B.V, Cipherlab, Unitech Electronics Co. Ltd and Impinj.

 

Products Covered:

  • Magnetic Stripe Cards
  • Optical Character Recognition (OCR) Systems
  • Barcodes
  • Biometric Systems
  • Smart Cards
  • Radio-frequency identification (RFID) Products

 

Offerings Covered:

  • Software
  • Hardware
  • Services

 

End Users Covered:

  • Banking & Finance
  • Government
  • Healthcare
  • Retail
  • Transportation & Logistics
  • Manufacturing
  • Other End Users

 

Regions Covered:

  • North America

o US

o Canada

o Mexico

  • Europe

o Germany

o UK

o Italy

o France

o Spain

o Rest of Europe

  • Asia Pacific

o Japan

o China

o India

o Australia

o New Zealand

o South Korea

o Rest of Asia Pacific

  • South America

o Argentina

o Brazil

o Chile

o Rest of South America

  • Middle East & Africa

o Saudi Arabia

o UAE

o Qatar

o South Africa

o Rest of Middle East & Africa

 

What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, 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

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements

 

FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3291545-automatic-identification-and-data-capture-global-market-outlook-2017-2026

 

About Us :

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.   

 

 

Contact Us:

NORAH TRENT                                                      

[email protected]       

Ph: +162-825-80070 (US)                          

Ph: +44 203 500 2763 (UK)      

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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