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Automatic Identification and Data Capture Market Size & Growth

Browse 153 Market Data Tables and 113 Figures spread through 183 Pages and in-depth TOC on u201cGlobal Automatic Identification & Data Capture Market - Forecast to 2026" <br>https://www.globalmarketestimates.com/market-report/global-automatic-identification-and-data-capture-market-3067<br>

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Automatic Identification and Data Capture Market Size & Growth

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  1. Automatic Identification & Data Capture Market Size As per the research conducted by GME, the GlobalAutomatic Identification & Data Capture Market will grow with a CAGR value of 14.5 percent from 2021 to 2026. The automatic identification and data capture (AIDC) system is employed across different verticals to automatically identify products and capture the desired data and process it into the computer system. The AIDC market is largely driven by increasing usage of AIDC system in electronic toll collection, increasing focus on adoption of faster, automated and accurate data identification and capturing system, rising e-commerce sector, rising usage of in retail segment and at point of sale, rising demand in banking and finance sector, growing demand for reducing service time and cost, rising usage of smartphone for QR codes scanning and increasing demand across different industry verticals. Browse 153 Market Data Tables and 113 Figures spread through 183 Pages and in-depth TOC on “Global Automatic Identification & Data Capture Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-automatic-identification-and-data-capture- market-3067 By Product (Barcoding Solutions, Smart Cards, Optical Character Recognition (OCR) Systems, RFID Systems, Magnetic Stripe Cards, Voice-Directed WMS, Heads-up Displays, VR Solutions, Wearables, Google Glass and Biometric Systems), By Offering (Hardware, Software, and Services), By Vertical (Manufacturing, Retail, Transportation & Logistics, Hospitality, Banking & Finance, Healthcare, Government, Commercial and Energy & Power), By Region (North America, Europe, Asia Pacific, MEA, and CSA), End-User Landscape, Company Market Share Analysis, and Competitor Analysis Key Market Insights •Automatic identification and data capture (AIDC) is a technological system that is used to automatically detect the object, capture the necessary data about the object and automatically feed the data to the computer system without any human intervention. •Barcode readers are widely used in retail, healthcare, manufacturing, warehousing, education, banking, among others, and provide a faster throughput rate and reduce human error. •As per the United Nations Conference on Trade and Development (UNCTAD), the global e-commerce revenue stands at $ 25.6 billion worldwide in the year 2018 and it is estimated that more than 1.4 billion population across the globe uses e-commerce websites for shopping.

  2. •Owing to the rising usage of the AIDC system for inventory management and the rising number of goods produced, the market for the manufacturing vertical segment will be the largest •There are large investments made in the retail and manufacturing industries and the increasing recognition and growing adoption of AIDC products, the government legislation on the use of AIDC technology, and a rising E-commerce industry are major factors driving the growth of the APAC regional segment. •Honeywell (US), SICK AG (Germany), Toshiba (Japan), Datalogic S.p.A. (Italy), Cognex Corporation (US), Zebra Technologies (US), Panasonic Corporation (Japan), Thales (France) and NXP Semiconductors N.V. (Netherlands) are the major players in the automatic identification and data capture market Browse the Report @ https://www.globalmarketestimates.com/market-report/global-automatic- identification-and-data-capture-market-3067 Product Outlook (Revenue, USD Billion, 2021-2026) •Barcoding solutions •Smart cards •RFID systems •Biometric systems •Magnetic stripe cards •Optical character recognition (OCR) systems •Voice-directed WMS •Heads-up displays •Wearables •VR solutions •Google Glass Offering Outlook (Revenue, USD Billion, 2021-2026) •Hardware •Software •Services Vertical Outlook (Revenue, USD Billion, 2021-2026) •Manufacturing •Retail •Transportation & Logistics •Hospitality •Banking & Finance •Healthcare

  3. •Government •Commercial •Energy & power Regional Outlook (Revenue, USD Billion, 2021-2026) North America •The U.S. •Canada •Mexico Europe •Germany •UK •France •Spain •Italy •Rest of Europe Asia Pacific •China •India •Japan •South Korea •Australia •Rest of APAC Central & South America •Brazil •Argentina •Rest of CSA Middle East & Africa •Saudi Arabia •UAE •Rest of MEA

  4. Contact: Tracy Simon Email address: tracy.simon@globalmarketestimates.com Phone Number: +16026667238 Website: https://www.globalmarketestimates.com/ Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

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