Global Automatic Identification and Data Capture MarketTop Competitors, AppliPosted by marketresearch123 on April 16th, 2021 Automatic identification and data capture (AIDC) is a set of advanced technologies which are mainly used for data collection from an object, image, individual, or sound. These technologies mainly used to mange security, document, assets, delivery, and inventory. AIDC widely used in various end use industries such as Manufacturing, Retail, Transportation & Logistics, Healthcare, Government, and Others. Market Drivers Increase in growth of E-commerce industry across the globe is the key driving factor which is expected to boost the global automatic identification and data capture market growth. Furthermore, increase in use of smartphones for QR scanning and image recognition will positively influence the market growth. Also, growing demand of these solutions due to their ability to reduce queuing and transaction time and offer greater convenience to users in making small value payments. It is another driving factor which is expected to propel the global automatic identification and data capture market growth over the forecast period. Moreover, increase in focus of organizations to implement new and improved supply chain management tools along with requirement for automatic identification and data capture solutions will drive the market growth during this forecast period.
Market Restraints However, high deployment cost is the major challenging factor which is expected to hinder the global automatic identification and data capture market growth. Also, increase in malware attacks and security breaches followed by data theft will affect the market growth. Market Segmentation Global Automatic Identification and Data Capture Market is segmented into offering such as Hardware, Software, and Services, by product such as Magnetic, Stripe Cards, Barcodes, Optical Character Recognition Systems, Radio Frequency Identification Systems, and Biometric Systems. Further, market is segmented into vertical such as Manufacturing, Retail, Transportation & Logistics, Healthcare, Government, and Others. Also, Global Automatic Identification and Data Capture Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Market Key Players Various key players are discussed in this report such as HONEYWELL, ZEBRA TECHNOLOGIES, SICK AG, COGNEX, TOSHIBA, GETAC, DELL, SAMSUNG, and PANASONIC. Market Taxonomy
By Offering
By Product
By Vertical
By Region
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