Automatic Identification & Data Capture is a method of identification and detection of objects and data based on set of predetermined conditions. Software solutions, hardware components and devices such as Magnetic Stripes, Smart Cards and biometric readers are a part of Automatic Identification & Data Capture market. These Automatic Identification & Data Capture tools and solutions are used in payment authentication, self-checkout systems, logistics and other such systems, Automatic Identification & Data Capture systems used for applications in logistics, retail and industrial automation allow users to automate tracking of a huge volume of inventory and material flow while enabling significant cost and time improvements by eliminating manual processes.
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Automatic Identification & Data Capture Market: Drivers & Challenges
Fast moving industry of e-commerce depends on the accuracy and speed of movement of merchandise. Moreover the e-commerce industry is becoming increasingly competitive where cost minimization is of paramount importance. This presents a lucrative opportunity for the Automatic Identification & Data Capture market to capitalize on. Similarly Retail industry is also heavily investing on automation solutions built on top of Automatic Identification & Data Capture tools. This is helping Automatic Identification & Data Capture gain rapid penetration in retail markets. A huge chunk of a retail outlet’s total sale is contributed by low value products and it is therefore economically unviable to use technologies such as RFIDs and 2D barcodes which are at the base of developments in Automatic Identification & Data Capture market. This is true for many other industries too where the cost of large scale implementation is impeding the growth of Automatic Identification & Data Capture Market.
Automatic Identification & Data Capture Market: Regional Overview
North America is expected to lead the Automatic Identification & Data Capture Market in terms of value owing to high adoption of application areas such as E-Commerce, Retail Automation, Industrial Automation and Identity & Access Management. Automatic Identification & Data Capture Market is also expected to gain considerable traction in Asia Pacific region due to growing investment in digitization and urbanization.
Automatic Identification & Data Capture Market: Competitive Landscape
- Automatic Identification & Data Capture Market :Key Contracts/Agreement/Acquisitions
- In August 2016, Datalogic S.p.A, a leading player in the Automatic Identification & Data Capture Market partnered with StayLinked Corp. to leverage Staylinked’s SmartTE software in their data collection solutions
- Automatic Identification & Data Capture Market : Key Players
- Leading players in the Automatic Identification & Data Capture market include Shenzhen Unique Electronic International, Datalogic S.p.A, Honeywell International Inc., RIOTEC Co., Ltd., ZIH Corp., Synaptics Incorporated, CVISION Technologies, Inc., SATO Holdings Corporation and Toshiba TEC Corporation.
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The report covers exhaustive analysis on:
Automatic Identification & Data Capture Market Segments
- Automatic Identification & Data Capture Market Dynamics
- Historical Actual Market Size, 2012 – 2014
- Automatic Identification & Data Capture Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain
- Automatic Identification & Data Capture Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Automatic Identification & Data Capture Market Drivers and Restraints
Regional analysis for Automatic Identification & Data Capture Market includes development of these systems in the following regions:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- BENELUX
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific (excluding Japan)
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
Segmentation of Automatic Identification & Data Capture Market, By Technology
- Barcodes
- 2D Barcodes
- Magnetic Stripes
- Smart Cards
- (Radio Frequency Identification) RFID
- Biometrics
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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