Global $71.7 Bn Automatic Identification and Data Capture Market Opportunity Analysis 2017-2022

Dublin, Sept. 20, 2017 (GLOBE NEWSWIRE) -- The "Automatic Identification and Data Capture Market - Global Opportunity Analysis and Industry Forecasts to 2022" report has been added to Research and Markets' offering.

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.

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.

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.

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

Companies Mentioned

• Allien Technologies Corporation
• Avery Dennison Corporation
• Axicon Auto ID Ltd.
• Better Online Solutions
• Bluebird Inc.
• Code Corporation
• Datalogic S.p.A.
• Epson America Inc.
• Godex International
• Honeywell International Inc.
• IMPINJ Inc.
• JADAK Tech
• Microscan System Inc.
• Newland Europe B.V.
• Opticon Sensors Europe B.V.
• SATO Worldwide
• Seagull Scientific Inc.
• TSC Auto ID Technology Co. Ltd.
• Toshiba Tech Corporation
• Unitech Electronics Co. Ltd.
• Zebra Technologies Corporation

For more information about this report visit https://www.researchandmarkets.com/research/mhfmbz/automatic

                    
                    
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