Automatic Identification Data Capture Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Automatic Identification and Data Capture Market are expected to grow at a CAGR of 9% from 2020 to reach USD 103.47 billion by 2027.

Automatic Identification and Data Capture (AIDC) refers to a technology that acquires, records, and converts data into digital files. These digital files can consist of images, audio, and other digital data that can be entered directly into a computer without human intervention. Commonly used AIDC tools include barcode scanners, magnetic strips, smart cards, optical character recognition (OCR), fingerprint scanners (biometric systems), and radio frequency identification (RFID) systems. These tools perform activities such as data encoding, machine scanning, and data decoding, and are used for asset and inventory management, security, and workflow management.

 

Market Segments

By Product

• Smart cards
• RFID systems
• Barcoding solutions
• Biometric systems
• Magnetic stripe cards
• Optical character recognition (OCR) systems
• Voice-directed WMS
• Heads-up displays
• Wearables
• VR solutions
• Google Glass

By Offerings

• Hardware
• Software
• Services

Key Players

Some of the key players being 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. and Zebra Technologies Corporation.

Scope of the Report

The research study analyzes the global Automatic Identification and Data Capture industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automatic Identification and Data Capture Market Report

1. What was the Automatic Identification and Data Capture Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Automatic Identification and Data Capture Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automatic Identification and Data Capture Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.