Market Overview:
The global Automatic Identification and Data Capture Device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data-driven decision making across various industries, rising adoption of RFID technology, and growing need for streamlining business processes. Based on type, the Automatic Identification and Data Capture Device market can be segmented into barcode & QR code scanning devices, RFID tags/ readers, biometric scanners, and others. The barcode & QR code scanning devices segment is expected to account for the largest share of the global Automatic Identification and Data Capture Device market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period from 2018 to 2030 due to its low cost as compared with other types of automatic identification technologies such as RFID tags/ readers and biometric scanners. Based on application, the Automatic Identification and Data Capture Device market can be divided into retailing, manufacturing, transportation & logistics , government , healthcare , education , hospitality industry , BFSI sector .
Product Definition:
An automatic identification and data capture (AIDC) device is any piece of technology that can automatically read or capture information from a source and convert it into a usable format. Common AIDC devices include barcode scanners, magnetic stripe readers, RFID readers, and smart card readers.
The importance of AIDC devices lies in their ability to automate the process of collecting data. This can save time and money by reducing the need for manual input, as well as reducing the chances for human error. Additionally, AIDC devices can provide more accurate data collection by eliminating the possibility for human transcription errors.
Barcode&QR Code:
The global barcode and QR code market size was valued at USD 3.6 billion in 2015. The increasing demand for efficient inventory management is expected to be a key factor driving the industry growth over the forecast period.
RFID:
Radio-frequency identification (RFID) is a technology that involves the use of low power radio-frequency for automatic identification and data capture. It offers several benefits such as high speed, ease in operation, cost effectiveness, and reliability over other technologies available in the market. RFID enables real-time tracking of products through inventory management systems which include barcode scanners or mobile devices with RFID readers.
Application Insights:
The application segment is segregated into six sub-segments, namely retailing, manufacturing, transportation and logistics, government, healthcare, banking and financial services. The retailing segment accounted for the largest market share in 2017 owing to the increasing use of automatic identification and data capture devices in supermarkets checkout lanes as well as online shopping cart systems. Moreover, these devices are also used by cashiers to track inventory levels at stores which further enhances their usage.
The RFID technology has witnessed tremendous growth over the past few years due to its ability to help reduce counterfeit products from circulation as well as improve product quality throughout distribution channels. Furthermore; it helps enhance supply chain management by providing accurate information regarding stock levels at different locations along with other benefits offered by this technology that makes it a favorable choice among various industry participants including manufacturers and retailers.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to various factors such as high adoption of automated systems, presence of well-established logistics and supply chain management industry, and government initiatives for implementation of advanced technologies. For instance, in May 2018, Walmart Inc. announced about deploying automatic identification technology using RFID tags in all its U.S.-based stores under a project named “Efficient Inventory†with an aim to reduce inventory costs by 20%.
Asia Pacific is expected to witness the fastest growth over the forecast period owing to rising demand for low-cost products along with increasing investments from governments across countries such as China and India for implementation of AITD devices at retail level or within hospitals or other institutional settings are some other key factors driving regional market growth over the forecast period.
Growth Factors:
- Increasing demand for data-driven decision making across industries is driving the need for better and more efficient data capture mechanisms. AIDC devices help improve the accuracy and speed of capturing data, thus enabling businesses to make faster and more informed decisions.
- The growing trend of Industry 4.0 and the Internet of Things (IoT) is leading to an increased demand for AIDC devices that can connect to and interact with other systems in order to collect, process, or transmit data.
- The increasing popularity of mobile computing devices has led to a growing demand for portable AIDC devices that can be used on-the-go. This includes barcode scanners, RFID readers/writers, etc., which allow users to capture information quickly and easily without having to be at a fixed workstation or location.
- . Government initiatives worldwide are promoting the use of AIDC technologies in various sectors such as healthcare, transportation, logistics etc., in order to improve efficiency and reduce costs associated with manual processes . 5.. Growing awareness about the benefits offered by AIDC technologies is helping fuel their adoption across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Identification and Data Capture Device Market Research Report
By Type
Barcode&QR Code, RFID, Biometrics
By Application
Retailing, Manufacturing, Transportation and Logistic, Government, Hospital
By Companies
Zebra Technologies, Honeywell International, Datalogic S.p.A, Bluebird Inc., Better Online Solutions Ltd., Epson America Inc., Allien Technology Corporation, NEC Corporation (Japan), Newland Europe BV, Toshiba Tec Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Identification and Data Capture Device Market Report Segments:
The global Automatic Identification and Data Capture Device market is segmented on the basis of:
Types
Barcode&QR Code, RFID, Biometrics
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retailing, Manufacturing, Transportation and Logistic, Government, Hospital
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zebra Technologies
- Honeywell International
- Datalogic S.p.A
- Bluebird Inc.
- Better Online Solutions Ltd.
- Epson America Inc.
- Allien Technology Corporation
- NEC Corporation (Japan)
- Newland Europe BV
- Toshiba Tec Corporation
Highlights of The Automatic Identification and Data Capture Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Barcode&QR Code
- RFID
- Biometrics
- By Application:
- Retailing
- Manufacturing
- Transportation and Logistic
- Government
- Hospital
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Identification and Data Capture Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An Automatic Identification and Data Capture Device (AIDCD) is a device that automatically captures data from an object or scene.
Some of the major companies in the automatic identification and data capture device market are Zebra Technologies, Honeywell International, Datalogic S.p.A, Bluebird Inc., Better Online Solutions Ltd., Epson America Inc., Allien Technology Corporation, NEC Corporation (Japan), Newland Europe BV, Toshiba Tec Corporation.
The automatic identification and data capture device market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Identification and Data Capture Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Identification and Data Capture Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Identification and Data Capture Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Identification and Data Capture Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Identification and Data Capture Device Market Size & Forecast, 2018-2028
4.5.1 Automatic Identification and Data Capture Device Market Size and Y-o-Y Growth
4.5.2 Automatic Identification and Data Capture Device Market Absolute $ Opportunity
Chapter 5 Global Automatic Identification and Data Capture Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automatic Identification and Data Capture Device Market Size Forecast by Type
5.2.1 Barcode&QR Code
5.2.2 RFID
5.2.3 Biometrics
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Identification and Data Capture Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automatic Identification and Data Capture Device Market Size Forecast by Applications
6.2.1 Retailing
6.2.2 Manufacturing
6.2.3 Transportation and Logistic
6.2.4 Government
6.2.5 Hospital
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Identification and Data Capture Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Identification and Data Capture Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automatic Identification and Data Capture Device Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Identification and Data Capture Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automatic Identification and Data Capture Device Market Size Forecast by Type
9.6.1 Barcode&QR Code
9.6.2 RFID
9.6.3 Biometrics
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automatic Identification and Data Capture Device Market Size Forecast by Applications
9.10.1 Retailing
9.10.2 Manufacturing
9.10.3 Transportation and Logistic
9.10.4 Government
9.10.5 Hospital
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automatic Identification and Data Capture Device Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Identification and Data Capture Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automatic Identification and Data Capture Device Market Size Forecast by Type
10.6.1 Barcode&QR Code
10.6.2 RFID
10.6.3 Biometrics
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automatic Identification and Data Capture Device Market Size Forecast by Applications
10.10.1 Retailing
10.10.2 Manufacturing
10.10.3 Transportation and Logistic
10.10.4 Government
10.10.5 Hospital
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automatic Identification and Data Capture Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Identification and Data Capture Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automatic Identification and Data Capture Device Market Size Forecast by Type
11.6.1 Barcode&QR Code
11.6.2 RFID
11.6.3 Biometrics
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automatic Identification and Data Capture Device Market Size Forecast by Applications
11.10.1 Retailing
11.10.2 Manufacturing
11.10.3 Transportation and Logistic
11.10.4 Government
11.10.5 Hospital
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automatic Identification and Data Capture Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Identification and Data Capture Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automatic Identification and Data Capture Device Market Size Forecast by Type
12.6.1 Barcode&QR Code
12.6.2 RFID
12.6.3 Biometrics
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automatic Identification and Data Capture Device Market Size Forecast by Applications
12.10.1 Retailing
12.10.2 Manufacturing
12.10.3 Transportation and Logistic
12.10.4 Government
12.10.5 Hospital
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automatic Identification and Data Capture Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Identification and Data Capture Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automatic Identification and Data Capture Device Market Size Forecast by Type
13.6.1 Barcode&QR Code
13.6.2 RFID
13.6.3 Biometrics
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automatic Identification and Data Capture Device Market Size Forecast by Applications
13.10.1 Retailing
13.10.2 Manufacturing
13.10.3 Transportation and Logistic
13.10.4 Government
13.10.5 Hospital
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Identification and Data Capture Device Market: Competitive Dashboard
14.2 Global Automatic Identification and Data Capture Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zebra Technologies
14.3.2 Honeywell International
14.3.3 Datalogic S.p.A
14.3.4 Bluebird Inc.
14.3.5 Better Online Solutions Ltd.
14.3.6 Epson America Inc.
14.3.7 Allien Technology Corporation
14.3.8 NEC Corporation (Japan)
14.3.9 Newland Europe BV
14.3.10 Toshiba Tec Corporation
