Automatic Identification and Data Capture (AIDC) Market Trends, Demand, Key Players,

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According to IMARC Group’s latest report, titled “Automatic Identification and Data Capture (AIDC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global automatic identification and data capture market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of 14.4% during 2021-2026.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Automatic identification and data capture (AIDC) refers to a set of technologies that verify, communicate, identify, record, and store information on packaged, containerized, and discrete items. As compared to other manual methods, the automated nature of the AIDC process enables precise and quick collection of information. Some of the common AIDC technologies include radio frequency identification (RFID) readers and tags, barcodes, fixed-position, handheld scanners, voice recognition, cubing, and weighing devices. These are widely used throughout the supply chain for order fulfillment, tracking and tracing, and inventory picking.

Market Trends and Drivers:

The global automatic identification and data capture market is primarily being driven by increasing digitization and automation across industries. Apart from this, the rising awareness amongst end users about the benefits of additional data security provided by advanced AIDC systems is driving the market growth. Extensive utilization of AIDC in the healthcare sector for accurate data capturing, enhanced information visibility, and improved operational efficiency is acting as another major growth-inducing factor. Moreover, the increasing usage of RFID tags and scanners in the manufacturing, education, telemetry, sports, retail, and logistics sectors, is creating a positive outlook for the market further.

Automatic Identification and Data Capture (AIDC) Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the automatic identification and data capture market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:                                    

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

Key Market Segmentation:

The report has segmented the global automatic identification and data capture market on the basis of offering, product type, vertical and region.

Breakup by Offering:                 

  • Hardware
  • Software
  • Services

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

Breakup by Region:                                                    

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/automatic-identification-data-capture-market

Key Highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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