Automatic Identification And Data Capture Market 2024-2028
The automatic identification and data capture market is forecasted to grow by USD 21520.4 mn during 2023-2028, accelerating at a CAGR of 8.1% during the forecast period. The report on the automatic identification and data capture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing applications of rfid, rising demand for better inventory management systems, and growing adoption of 2d barcodes.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
7.3%
CAGR
8.1%
Incremental Value
$21520.4 mn
Technavio's automatic identification and data capture market is segmented as below:
By Product
RFID products
Barcodes and magnetic stripe cards
Biometric systems
Smart cards
Optical character recognition (OCR) systems
By Geographical Landscape
North America
APAC
Europe
South America
Middle East and Africa
This study identifies the growing popularity of smart factories as one of the prime reasons driving the automatic identification and data capture market growth during the next few years. Also, growing popularity of big data and high demand for wearable scanners will lead to sizable demand in the market.
The report on the automatic identification and data capture market covers the following areas:
Automatic Identification And Data Capture Market sizing
Automatic Identification And Data Capture Market forecast
Automatic Identification And Data Capture Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automatic identification and data capture market vendors that include Alien Technology LLC, Bluebird Inc., Cognex Corp., Comar Systems Ltd., Datalogic SpA, GoDEX International Co. Ltd., Honeywell International Inc., NEC Corp., NXP Semiconductors NV, ORBCOMM Inc., Panasonic Holdings Corp., Seiko Epson Corp., Synaptics Inc., Thales Group, Toshiba Corp., TSC Auto ID Technology Co. Ltd., Unitech Computer Co. Ltd., and Zebra Technologies Corp.. Also, the automatic identification and data capture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Automatic Identification And Data Capture Market 2018 - 2022
Historic Market Size - Data Table on Global Automatic Identification And Data Capture Market 2018 - 2022 ($ million)