What is Automatic Identification and Data Capture Market Scope?
Automatic identification and data capture confer with the ways of automatically distinguishing objects, aggregation information regarding them, and getting into them directly into pc systems, while not human involvement. AIDC is the process or means of obtaining external data, particularly through the analysis of images, sounds, or videos. The rising demand for smart devices for making hectic processes easier and data industry growth has made the automatic identification and data capture industry grow.
The Automatic Identification and Data Capture market study is being classified by Type (Barcodes, Magnetic Stripe Cards, Smart Cards, Optical Character Recognition (OCR) Systems, RFID Products and Biometric Systems), by Application (Manufacturing, Retail, Transportation& Logistics, Banking & Finance, Healthcare, Government and Others) and major geographies with country level break-up.
In 2020, Zebra Technologies Corporation acquired Reflexis Systems, Inc., a privately held, leading provider of intelligent workforce management, execution, and communication solutions. This acquisition will complement the front line in retail/eCommerce, manufacturing, transportation and logistics, healthcare, the public sector, and other industries. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Automatic Identification and Data Capture market throughout the predicted period.
Datalogic S.p.A. (Italy), Honeywell International Inc. (United States), Zebra Technologies Corporation (United States), Cognex Corporation (United States), Toshiba Corporation (Japan), NEC Corporation (Japan), NXP Semiconductors N.V. (Netherlands), Synaptics (United States), Sato Holdings Corporation (Japan) and JADAK Tech (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Axicon Auto ID Ltd. (United Kingdom), Microscan System, Inc. (United States), Unitech Electronics Co. Ltd. (Taiwan), Opticon Sensors Europe B.V. (Netherlands) and IMPINJ Inc. (United States).
Analyst at AMA have segmented the market study of Global Automatic Identification and Data Capture market by Type, Application and Region.
On the basis of geography, the market of Automatic Identification and Data Capture has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2021, Cognex, a world leader in industrial machine vision, launched Cognex Edge Intelligence (EI). The platform provides barcode reading performance watching and device management to assist customers to forestall period and boost the productivity of producing and provision operations.
Influencing Market Trend
- Development of the AIDC Software and Data Security Enhancements
- Rise in Usage of Automatic Identification and Data Capturing Products Playing Vital Role in The E-Commerce Industry and Warehouse Management
- Rising Growth in The Use of Smartphones for Scanning and Image
- Integration of Multi-Modal AIDC Technology Usage for Asset Management and Tracking
- High Deployment Cost of AIDC Solutions
- Risk of Malware Attacks
- The Lack of Connectivity Infrastructure and Unwillingness to Adopt Advanced Technologies
Key Target AudienceAutomatic Identification and Data Capture Provider, Component Provider, Electronics Companies, Government Bodies and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Automatic Identification and Data Capture market expands?
The Global Automatic Identification and Data Capture market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Automatic Identification and Data Capture market?
The prominent players of Global Automatic Identification and Data Capture market are Datalogic S.p.A. (Italy), Honeywell International Inc. (United States), Zebra Technologies Corporation (United States), Cognex Corporation (United States), Toshiba Corporation (Japan), NEC Corporation (Japan), NXP Semiconductors N.V. (Netherlands), Synaptics (United States), Sato Holdings Corporation (Japan) and JADAK Tech (United States), to name a few.
3. What are the top priorities to focus for Automatic Identification and Data Capture marketís growth?
In this highly competitive & fast evolving Automatic Identification and Data Capture industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.