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.

The latest research report by Emergen Research, named ‘Global Automatic Identification Data Capture Market - Forecast to 2027’, entails a comprehensive review of the global Automatic Identification Data Capture market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.

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COVID-19 Impact Analysis:

This report is the latest document encompassing the massive changes that took place in the Automatic Identification Data Capture market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Automatic Identification Data Capture market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments.

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.

Competitive Outlook:

  • The global Automatic Identification Data Capture market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Automatic Identification Data Capture market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

  • Epson America, Inc.
  • Unitech Electronics Co. Ltd.
  • Seagull Scientific Inc.
  • Zebra Technologies Corporation
  • SATO Holdings Corporation
  • IMPINJ Inc.
  • SICK AG
  • Allien Technology Corporation

Key questions addressed in the report:

  • What are the key factors driving the global Automatic Identification Data Capture market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Automatic Identification Data Capture market?

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