The Global Automatic Identification Data Capture Market research study published by Emergen Research is an extensive collection of insightful information about the Automatic Identification Data Capture industry. The report covers the Automatic Identification Data Capture Market segmentation along with a detailed outline of the Automatic Identification Data Capture market size with regards to volume and valuation. The report provides comprehensive coverage of the Automatic Identification Data Capture market scenario for the current period and forecast timeline of 2020-2027. The Automatic Identification Data Capture market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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.

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The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Automatic Identification Data Capture market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Automatic Identification Data Capture market landscape.

The increased use of Automatic Identification Data Capture by municipalities and enterprises is responsible for the market's expansion. The Automatic Identification Data Capture market is anticipated to grow at a faster rate during the forecast period than traditional treatment procedures like thermal oxidation and chemical oxidation due to the reduced operational and capital costs of Automatic Identification Data Capture. The demand for Automatic Identification Data Capture is rising as more people are embracing biological treatment methods like aerobic activated sludge. The use of Automatic Identification Data Capture solutions is projected to increase in the near future due to rising restrictions on the discharge of treated effluents into freshwater bodies.

The Automatic Identification Data Capture research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans.

The key companies studied 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

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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

• Offering Outlook (Revenue, USD Billion; 2018–2028)

  • Hardware
  • Software
  • Services

• Product Outlook (Revenue, USD Billion; 2018–2028)

  • Printer & Recorder
    1. RFID Printers
    2. Smart Card Printers
    3. Label Printers
    4. Barcode Printers
    5. Magnetic Stripe Printers
  • Scanners & Readers
    1. RFID Scanners
    2. Magnetic Stripe Readers
    3. Smart Card Readers
    4. Barcode Scanners
       1. Camera-based Scanners
       2. CCD Barcode Scanners
       3. Laser Barcode Scanners
    5. Smart Card Readers
    6. Optical Character Recognition (OCR)
  • Biometric Scanners
    1. Finger Print Recognition
    2. Face Recognition
    3. IRIS Recognition
    4. Voice Recognition
  • Others

• Technology Outlook (Revenue, USD Billion; 2018–2028)

  • Radio Frequency Identification (RFID)
  • Optical Character Recognition (OCR)
  • Biometrics
  • Magnetic Strips
  • Smart Cards
  • Barcodes

The report addresses the following key points:

• The report estimates the expected market size from 2020-2027
• The report provides a forecast of market drivers, restraints, and future opportunities for the Automatic Identification Data Capture market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

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