ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Insights on the Automatic Identification and Data Capture Global Market to 2030 - Surging E-commerce is Driving Growth - ResearchAndMarkets.com

December 21, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Dec 21, 2021--

The “Automatic Identification and Data Capture Market by Offering, Product, Technology, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.

Automatic identification and data capture are a process used to identify and collect data related to objects. The automatic identification and data capture system is a relatively broad process of specific technologies such as bar codes, RFID, optical character recognition, smart cards, and voice recognition system.

ADVERTISEMENT

Surge in the growth of the e-commerce industry paired with the rise in utilization of smartphones based QR codes and image recognition technology is driving the market growth.

However, the high cost associated with the automatic identification and data capture coupled with the high risk of concerns of malware attacks and security breaches is anticipated to restrain the automatic identification and data capture market share. Further, the surge in the adoption of AIDC solutions to address human error coupled with government regulations for the adoption of AIDC solutions is expected to drive the need for automatic identification and data capture during the forecast period.

Emergence of COVID-19 has significantly impacted the global automatic identification and data capture industry. Delay caused for deployment and installation of automatic identification and data capture due to partial or complete lockdown in various regions of the world has significantly reduced the growth of automatic identification and data capture during the pandemic.

However, the rise in demand for e-commerce platform solutions and smartphones propel the need for enhancing automatic identification and data capture. Further, the government sector has seen growth potential in the deployment of automatic identification and data capture for biometric solutions is forecast to drive the automatic identification and data capture market analysis post-pandemic.

Key Market Segments

By Offering

  • Hardware
  • Solutions
  • Services

By Product

  • Scanner & Reader
  • Barcode Scanners
  • RFID Scanner
  • Smart Card Reader
  • Magnetic Stripe Reader
  • Optical Character Recognition (OCR)
  • Biometric Scanners
  • Printer & Recorder
  • Others

By Technology

ADVERTISEMENT

  • Biometrics
  • Radio Frequency Identification (RFID)
  • Smart Cards
  • Optical Character Recognition (OCR)
  • Others

By Industry Vertical

  • BFSI
  • Manufacturing
  • Retail
  • Transportation & Logistics
  • Hospitality
  • Healthcare
  • Government
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Singapore
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Players

  • Cognex Corporation
  • Datalogic S.p.A.
  • Honeywell
  • NXP Semiconductors N.V.
  • Panasonic Corporation
  • SICK AG
  • Synaptics Incorporated
  • Thales
  • Toshiba
  • Zebra Technologies

For more information about this report visit https://www.researchandmarkets.com/r/92kuls

View source version on businesswire.com:https://www.businesswire.com/news/home/20211221005671/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 12/21/2021 01:04 PM/DISC: 12/21/2021 01:04 PM

http://www.businesswire.com/news/home/20211221005671/en