Automatic Identification Data Capture Market Research Methodology, Competitive Landscape and Business Opportunities

Posted 2 years ago in Other.

The rising use of smartphones for scanning the QR code and recognition of images and the growing e-commerce industry are driving the demand for the market.

Emergen Research’s latest document, titled ‘Global Automatic Identification Data Capture Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Automatic Identification Data Capture market. The report’s authors have offered necessary details on the latest Automatic Identification Data Capture market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Automatic Identification Data Capture industry entails useful insights into the estimated Automatic Identification Data Capture market size, revenue share, and sales & distribution networks.

The global Automatic Identification & Data Capture Market is forecasted to be worth USD 102.35 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the increasing e-commerce industry, the rising use of smartphones for QR code scanning and image recognition, and the adoption of automatic detection and data collection solutions are anticipated to augment market growth. It is expected that increasing prospects in the supply chain management and healthcare sectors will further increase the implementation of this technology.

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COVID-19 Impact Analysis:

The latest report is the most recent study that offers 360° coverage of the Automatic Identification Data Capture industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Automatic Identification Data Capture market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era.

Key Highlights From The Report

  • In February 2020, IMPINJ Inc. launched the Future-Proofed RAIN RFID Reader. This is expected to further boost the capabilities of track-and-trace and resource management in logistics operations.
  • The smart card segment is expected to witness significant growth over the forecasted period due to large application areas, the accessibility of smart cards used for identity verification, credit cards, ATM cards, and health cards.
  • Due to the huge requirement for hardware in various automatic identification and data capture devices such as smart cards, wearable devices, smart glasses, and biometric systems, the hardware segment held the largest market with a CAGR of 14.7% during the forecast timeframe.

Table of Contents:

  • Chapter 1 includes an introduction of the global Automatic Identification Data Capture market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
  • Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
  • Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
  • In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
  • Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.

Regional Overview:

  • The global Automatic Identification Data Capture market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Automatic Identification Data Capture market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

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