Automatic Identification And Data Capture Market- Global Opportunity Analysis And Industry Forecasts To 2022

Market Overview

Global Automatic Identification & Data Capture (AIDC) Market is expected to reach USD 71,749.4 million by 2022, at a CAGR of 11.0% during the forecast period of 2017 to 2022. The global AIDC market is mainly driven by growing need to eliminate manual data capture & entry errors, rising government legislatives on the use of AIDC technology, various technological advancements, and growing e-commerce industry. In addition, growing healthcare sector and emerging economies are expected to offer significant opportunities for the market growth during the forecast period.

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Market Segmentation

The global AIDC market is mainly segmented by product (Barcode Printers, Barcode Verifiers, Barcode Scanners, RFID Devices, Magnetic Stripe Reader, Smart Card Reader, Biometrics, Optical Character Recognition, and Mobile Computers), by vertical (Manufacturing, Retail, Transportation & Logistics, Banking & Financial, Healthcare, and others), and by geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

On the basis of product type, biometric systems segment dominated the global AIDC market and is also expected to continue its dominance during the forecast period, owing to their rising adoption by various industries such as banking & financial institutes, government agencies, healthcare facilities, offices, and travel & immigration sector to improve overall security; to keep track of staff, patients, and customers; and for identification of individuals.

Geographic Overview

Geographically, the global AIDC market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analysed at a country level with the detailed qualitative and quantitative analysis. North America accounted for the major share in the global AIDC market in 2016, followed by Europe, and Asia Pacific. However, Asian countries are slated to register the fastest growth during the forecast period, primarily due to rising need for automatic data capture technologies to reduce manual errors, continuous shift of manufacturing industry to emerging countries, significantly growing retail industry, and increasing transportation & logistics sector supporting growing manufacturing & retail industry.

Key players

The key players in the global AIDC market are Zebra Technologies Corporation, Honeywell International Inc., Datalogic S.p.A., Bluebird Inc., Godex International, Code Corporation, Toshiba Tech Corporation, SATO Worldwide, JADAK Tech, Axicon Auto ID Ltd., Microscan System, Inc., Unitech Electronics Co. Ltd., Opticon Sensors Europe B.V., IMPINJ Inc., Better Online Solutions, TSC Auto ID Technology Co., Ltd., Epson America Inc., Allien Technologies Corporation, Avery Dennison Corporation, Newland Europe B.V., and Seagull Scientific Inc.

Scope of the Report

Market by Product type:

·       Barcode Printers

·       By Product Type

·       Hardware

·       Software & services

·       Supplies

·       By Printing Technology

·       Dot matrix printers

·       Laser printers

·       Ink jet printers

·       Thermal printers

·       Thermal transfer printers

·       Direct thermal printers

·       Dual thermal printers

·       Barcode Verifiers

·       Barcode Scanners

·       Image scanners

·       Laser scanners

·       Charged-coupled scanners

·       Wand barcode scanners

·       RFID Devices

·       RFID Systems

·       RFID Tags

·       Magnetic Stripe Readers

·       Smart Card Readers

·       Biometrics

·       Optical Character Recognition

·       Mobile Computers

Market by Vertical/Industry:

·       Manufacturing

·       Retail

·       Transportation & Logistics

·       Banking & Logistics

·       Healthcare

·       Others

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Market by Geography:

·       North America

·       U.S.

·       Canada

·       Europe

·       Germany

·       France

·       UK

·       Italy

·       Spain

·       Rest of Europe

·       Asia-Pacific

·       Japan

·       China

·       India

·       Rest of Asia-Pacific

·       Rest of World

·       Latin America

·       Middle East and Africa