Automatic Identification and Data Capture (AIDC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Automatic Identification and Data Capture (AIDC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A2352
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Market Overview 2022-2027:

The global automatic identification and data capture (AIDC) market reached a value of US$ 43.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 95.8 Billion by 2027, exhibiting a CAGR of 14.15% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Automatic identification and data capture (AIDC) refer to the technique of obtaining, recording and converting data into a digital file. This digital file may consist of images, audio and other digital data that can be directly entered into a computer without requiring human intervention. Some of the commonly used AIDC tools include barcode scanners, magnetic strips, smart cards, optical character recognition (OCR), fingerprint scanners (biometric systems) and radio frequency identification (RFID) systems. These tools perform activities, such as data encoding, machine scanning and data decoding and are used for asset and inventory management, security and workflow management.

 

 
 

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Increasing digitization, along with the growing automation across industries, is one of the key factors creating a positive outlook for the automatic identification and data capture (AIDC) market. Furthermore, increasing awareness among end users regarding the utilization of advanced AIDC systems for data security is also driving the market growth. For instance, financial institutions are deploying solutions, such as biometrics and smart cards, to provide additional protection to financial transactions. In line with this, the utilization of these tools is increasing in the healthcare sector for improved visibility of information, accurate capturing of data and enhanced operational efficiency. Various technological advancements, such as the development of RFID systems, are acting as other growth-inducing factors. These devices, including scanners and tags, can be used across various sectors such as sports, manufacturing, retail, education, logistics, healthcare, and telemetry applications. Other factors, including the implementation of favorable government initiatives promoting the adoption of AIDC solutions, are expected to drive the market further. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automatic identification and data capture (AIDC) market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on offering, product type and vertical.

Breakup by Offering:

 

 
 

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  • Hardware
  • Software
  • Services
     

Breakup by Product Type:

  • Barcode Scanners
  • Magnetic Stripe Cards
  • Smart Cards
  • Optical Character Recognition (OCR) Systems
  • RFID Products
  • Biometric Systems
     

Breakup by Vertical:

  • Manufacturing
  • Retail
  • Transportation and Logistics
  • Banking and Finance
  • Healthcare
  • Government
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa


Competitive Landscape:

The global automatic identification and data capture market is highly fragmented with the presence of several small and large players. Some of the leading players in the market are:

  • Alien Technology LLC
  • Cognex Corporation
  • Datalogic S.p.A. (Hydra SpA)
  • Epson America Inc. (Seiko Epson Corporation)
  • Godex International Co Ltd.
  • Honeywell International Inc.
  • NEC Corporation
  • NXP Semiconductors N.V.
  • Sato Holdings Corporation
  • Sick AG
  • Synaptics Incorporated
  • Toshiba TEC Corporation
  • TSC Auto ID Technology Co. Ltd.
  • Zebra Technologies Corporation


Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Offering, Product Type, Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alien Technology LLC, Cognex Corporation, Datalogic S.p.A. (Hydra SpA), Epson America Inc. (Seiko Epson Corporation), Godex International Co Ltd., Honeywell International Inc., NEC Corporation, NXP Semiconductors N.V., Sato Holdings Corporation, Sick AG, Synaptics Incorporated, Toshiba TEC Corporation, TSC Auto ID Technology Co. Ltd. and Zebra Technologies Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global automatic identification and data capture (AIDC) market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global automatic identification and data capture (AIDC) market?
  • What are the key regional markets?
  • What is the breakup of the market based on the offering?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global automatic identification and data capture (AIDC) market and who are the key players?
  • What is the degree of competition in the industry?

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Automatic Identification and Data Capture (AIDC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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