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Automatic Identification And Data Capture Market

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Globally technology providers are increasingly focusing on reducing the human involvement in non-intelligent and basic machine based transactions.
Automatic Identification And Data Capture Market: Global Industry
Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027
January 2018
Report Id : REP-GB-5018
Status : Ongoing
Category : Electronics,
Semiconductors, and ICT
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Automatic Identification And Data Capture Market
Globally technology providers are increasingly focusing on reducing the human
involvement in non-intelligent and basic machine based transactions. Development
and adoption of systems that perform a set of transactions based on predefined
triggers is on the rise. Such systems referred as Automatic Identification & Data
Capture are at the basis of developing trends such as Industrial Automation, Retail
Automation and Biometric Authentication. Automatic Identification & Data Capture
tools such as RFID, Barcode Scanners and Biometric systems are facing an upsurge
in adoption under this scenario.
Software solutions, hardware components and devices such as Magnetic Stripes,
Smart Cards and biometric readers are a part of Automatic Identification & Data
Capture market. These Automatic Identification & Data Capture tools and solutions
are used in payment authentication, self-checkout systems, logistics and other such
systems, Automatic Identification & Data Capture systems used for applications in
logistics, retail and industrial automation allow users to automate tracking of a huge
volume of inventory and material flow while enabling significant cost and time
improvements by eliminating manual processes.
A sample of this report is available upon request @
https://www.futuremarketinsights.com/reports/sample/rep-gb-5018
4
Automatic Identification And Data Capture Market
Automatic Identification & Data Capture Market: Drivers & Challenges
Fast moving industry of e-commerce depends on the accuracy and speed of
movement of merchandise. Moreover the e-commerce industry is becoming
increasingly competitive where cost minimization is of paramount importance. This
presents a lucrative opportunity for the Automatic Identification & Data Capture
market to capitalize on. Similarly Retail industry is also heavily investing on
automation solutions built on top of Automatic Identification & Data Capture tools.
This is helping Automatic Identification & Data Capture gain rapid penetration in
retail markets. A huge chunk of a retail outlet’s total sale is contributed by low value
products and it is therefore economically unviable to use technologies such as RFIDs
and 2D barcodes which are at the base of developments in Automatic Identification
& Data Capture market. This is true for many other industries too where the cost of
large scale implementation is impeding the growth of Automatic Identification &
Data Capture Market.
5
Automatic Identification And Data Capture Market
Automatic Identification & Data Capture Market: Regional Overview
North America is expected to lead the Automatic Identification & Data Capture
Market in terms of value owing to high adoption of application areas such as ECommerce, Retail Automation, Industrial Automation and Identity & Access
Management. Automatic Identification & Data Capture Market is also expected to
gain considerable traction in Asia Pacific region due to growing investment in
digitization and urbanization.
Automatic Identification & Data Capture Market : Key Players
Leading players in the Automatic Identification & Data Capture market include
Shenzhen Unique Electronic International, Datalogic S.p.A, Honeywell International
Inc., RIOTEC Co., Ltd., ZIH Corp., Synaptics Incorporated, CVISION Technologies, Inc.,
SATO Holdings Corporation and Toshiba TEC Corporation.
To view TOC of this report is available upon request @
https://www.futuremarketinsights.com/toc/rep-gb-5018
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Author
harshada
harshada24   documents Email
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