Market Dynamics in Automatic Identification and Data Capture 2023-2029


Posted October 25, 2023 by aishwaryammr

Automatic Identification and Data Capture Market size was valued at USD 53.34 Bn. in 2022 and the total Automatic Identification and Data Capture revenue is expected to grow by 15.2% from 2023 to 2029, reaching nearly USD 143.64 Bn.

 
Automatic Identification and Data Capture Market Overview:

The primary goal of this research is to assist the user in understanding the Automatic Identification and Data Capture Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Automatic Identification and Data Capture industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.

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Automatic Identification and Data Capture Market Scope:

The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.


Automatic Identification and Data Capture Market Segmentation:

In 2022, the Biometric Systems segment held the largest market share and is anticipated to increase at a compound annual growth rate (CAGR) of 14.8% over the forecast period. By the end of the projection, this segment is anticipated to control the majority of the market due to the rising demand for biometric scanners across a range of end-user industries. Biometric devices are commonly used in forensics to detect criminal activity, in cars to enable keyless entry, and in mobile payments to identify users. Similarly, the need for biometric scanners is rising due to the growing use of biometric identification systems, especially for crossing international borders to bolster national security. This is anticipated to fuel sector revenue growth.

Biometrics technology in libraries mostly consists of hardware and software for fingerprint identification. However, some systems make use of retinal scanning. The majority of the time, these are employed to grant access to the building's doors, windows, computers, internet, and collection of items. It also helps with tracking staff time and attendance, the self-check system, and other related tasks. Western nations have all of these biometric systems because of their strong security requirements and propensity for increased automation.

Automatic Identification and Data Capture Market Size and Forecast, by Product (2022-2029)
1. Smart Cards
2. RFID Systems
3. Barcoding Solutions
4. Biometric Systems
5. Magnetic Stripe Cards
6. Optical Character Recognition (OCR) Systems
7. Voice-Directed WMS
8. Heads-Up Displays
9. Wearables
Automatic Identification and Data Capture Market Size and Forecast, by Offering (2022-2029)
1. Hardware
2. Software
3. Services
Automatic Identification and Data Capture Market Size and Forecast, by Vertical (2022-2029)
3. Manufacturing
3. Retail
3. Transportation & Logistics
4. Hospitality
5. Banking & Finance
6. Healthcare
7. Government
8. Commercial
9. Energy & Power
Automatic Identification and Data Capture Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America

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Automatic Identification and Data Capture Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Automatic Identification and Data Capture market are

1. JADAK Tech (US)
2. Code Corporation (US)
3. IMPINJ Inc. (US)
4. Avery Dennison Corporation (US)
5. Cognex Corporation (US)
6. Zebra Technologies (US)
7. Honeywell International (US)
8. Allien Technology Corporation (US)
9. Epson America Inc. (US)
10. Urovo Technology (China)
11. Shandong New Beiyang (China)
12. Toshiba Tec Corporation (Japan)
13. Denso Wave (Japan)
14. Keyence (Japan)
15. Panasonic (Japan)
16. NEC Corporation (Japan)
17. SATO Worldwide (Japan)
18. Vitronic (Germany)
19. cab Produkttechnik GmbH (Germany)
20. SICK AG (Germany)
21. Opticon Sensors Europe B.V. (Netherlands)
22. Newland Europe BV (Netherlands)
23. NXP Semiconductors (Netherlands)
24. Godex International (Taiwan)
25. TSC Auto ID Technology Co., Ltd. (Taiwan)
26. Unitech Electronics Co. Ltd (Taiwan)
27. Datalogic S.p.A (Italy)
28. Bluebird Inc. (South Korea)
29. Better Online Solutions Ltd. (Israel)
30. Axicon Auto ID Ltd. (UK)

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Regional Analysis:

The report focuses on Global Regions and Market Size of Automatic Identification and Data Capture, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.

COVID-19 Impact Analysis on Automatic Identification and Data Capture Market:

The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Automatic Identification and Data Capture industry in 2021.

Key Questions Answered in the Automatic Identification and Data Capture Market Report are:


What is the function of Automatic Identification and Data Capture?
What is the predicted revenue generation of the Automatic Identification and Data Capture market?
At what growth rate is the Automatic Identification and Data Capture market evolving?
Who are the major market giants operating in the Automatic Identification and Data Capture market?
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Issued By Aishwarya
Phone  +91 9607365656
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Technology
Tags automatic identification and data capture market , automatic identification and data capture market share , automatic identification and data capture market trends
Last Updated October 25, 2023