The key objective of the Emergen Research report is to offer a complete assessment of the global market including major leading stakeholders of the Automatic Identification Data Capture Market. The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the global Automatic Identification Data Capture market. It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global Automatic Identification Data Capture market.
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The global Automatic Identification And Data Capture (AIDC) market size reached USD 39.92 Billion in 2020 and is expected to register a revenue CAGR of 14.6%, during the forecast period, according to latest analysis by Emergen Research. Major factors driving global AIDC market revenue growth include rising implementation of these solutions in the e-Commerce industry and rising use in smartphones. Rising adoption of automatic identification and data capture solutions in public transportation is another factor expected to augment revenue growth of the market going ahead. The Dallas Area Rapid Transit (DART), which is the largest municipal transit agency in North Texas, was an early adopter of biometric technology. In its trains, DART has installed facial recognition technology-basedcameras. Biometric systems are used in such cameras for a range of functions, and serve to monitor train capacity, medical emergencies, and lets authorities know whenever a specific individual is or individuals are on board. Other biometric uses include smart ID cards and smart ticketing to identify a person using face recognition in order to access public transportation systems, thereby enabling safer travelling and streamlining ticketing and passenger management processes.
Market measuring methodologies provide an assessment of the market's strengths, weaknesses, opportunities, and threats. It also elucidates the bargaining power of suppliers and consumers. The paper investigates the current political circumstances that are expected to influence pricing, import and export in the global Automatic Identification Data Capture industry. Furthermore, it discusses the profitable opportunities that exist in the general industry that firms can focus on to make their mark.
Scope of the Report
The market research report on Automatic Identification Data Capture market segmentation. The global market is divided into product type, application, and region. Each section provides a thorough examination of the factors that are expected to drive and constrain it. Furthermore, the research study evaluates new global market trends that will benefit each category over the next few years.
Analysts investigated the competitive landscape in the global Automatic Identification Data Capture market. The chapter on company profiles examines the major players in the global Automatic Identification Data Capture market. It provides critical information on the market's major objectives and their forecast for the coming years.
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Competitive Landscape:
The most recent study offers a thorough analysis of the worldwide Automatic Identification Data Capture market broad competitive landscape, placing special emphasis on the major market competitors and their company profiles. The research has addressed a wide range of strategic actions done by these organisations, including new business deals, mergers and acquisitions, collaborations, joint ventures, technical advancement, and recent product introductions. The competitive environment of the market is examined in the research in several ways, including the regulatory standards and policies put in place recently across the sector. In order to provide a thorough overview of the global Automatic Identification Data Capture market and identify the primary growth trends, our team of specialists has made use of many potent analytical methodologies, including Porter's Five Forces analysis and SWOT analysis.
Key Companies Profiled in the Report are:
Cognex Corporation, Zebra Technologies Corporation, Datalogic S.p.A., NXP Semiconductors N.V., Sick AG, Honeywell International Inc., Synaptics Inc., NEC Corporation, Seagull Scientific, Inc., Godex International Co Ltd
In market segmentation by geographical regions, the report has analysed the following regions
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Points Covered in This Section:
Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
Global Automatic Identification Data Capture Market Segmentation by Regions:
The countries covered in the regional analysis of the Global Automatic Identification Data Capture Market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Offering Outlook (Revenue, USD Billion; 2018–2028)
Hardware
Software
Services
Product Outlook (Revenue, USD Billion; 2018–2028)
Printer & Recorder
RFID Printers
Smart Card Printers
Label Printers
Barcode Printers
Magnetic Stripe Printers
Scanners & Readers
RFID Scanners
Magnetic Stripe Readers
Smart Card Readers
Barcode Scanners
Camera-based Scanners
CCD Barcode Scanners
Laser Barcode Scanners
Smart Card Readers
Optical Character Recognition (OCR)
Biometric Scanners
Finger Print Recognition
Face Recognition
IRIS Recognition
Voice Recognition
Others
Technology Outlook (Revenue, USD Billion; 2018–2028)
Radio Frequency Identification (RFID)
Optical Character Recognition (OCR)
Biometrics
Magnetic Strips
Smart Cards
Barcodes
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The research provides answers to the following key questions:
What will be the growth rate of the Automatic Identification Data Capture market for the forecast period?
What will be the market size during the estimated period?
What are driving forces keeping the prospects of the Automatic Identification Data Capture market across different countries high?
Who are the prominent market players and what is their approach to stay competitive?
What are some of the key trends in the Automatic Identification Data Capture industry?
What are the major challenges expected to growth of the industry in the coming years?
What opportunities can the business owners bank on to generate more profits and reduce cost?
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