The research provides valuable insights how the automatic data capture market is expected to chart growth in the upcoming years. The key market indicators, growth trends, and technological developments have been looked into to present a conclusive analysis of the global automatic data capture market over the forecast period.
In this report, the Americas, EMEA, and APAC are the regions that have been studied to understand the growth behavior of the global automatic data capture market over the forecast period between 2017 and 2021. To calculate market size estimates of each region, revenue generated from the shipment of RFID, barcode printers, barcode scanners, and wearable scanners have been considered in this report.
Further, threats and opportunities faced by key vendors that will determine their position in the competitive hierarchy have been discussed in detail in this report.
In matters of competition, the report identifies key players in the global automatic data capture market and profiles them for distinguishing attributes. The key players in the market are Datalogic, Zebra Technologies, Shenzhen Unique Electronic International, Eurotech, Honeywell International, Generalscan, and RIOTECH. Some other prominent vendors in this market are Acreo Swedish ICT, Avery Dennison, CipherLab, FEIG ELECTRONIC, GAO RFID, ORBCOMM, Mojix, Nedap, RF Ideas, JADAK, SMARTRAC, SATO VICINITY, Terso Solutions, Thinfilm, Unitech Electronics, SML Group, Advantech, CipherLab, Handheld Group, NCR, TouchStar Technologies, Alien Technology, Checkpoint Systems, CoreRFID, Fujitsu, Impinj, Quantum Resources Management, Mobile Aspects, RFID4U, Skytron, Solstice Medical, InnerSpace, TAGSYS RFID, Tellago, Tyco Retail Solutions, ThingMagic, WaveMark, Aceeca, Bluebird, DENSO, Juniper Systems, Opticon Sensors Europe,, and ZEBEX Industries.
As per estimates presented in this report, the global automatic data capture market will rise at a CAGR of 7.01% between 2017 and 2021.
The report elucidates the various factors acting in favor of the growth of automatic data capture market. First and foremost, the increasing use of RFID in real world applications is stoking growth of the automatic data capture market. This includes logistics and supply chain, materials management, and IT asset tracking among many others.
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On the flip side, security concerns related to automatic data capture is providing headwinds to the growth of this market. This is because information is transferred using technology such as bar codes, biometrics, RFID, etc. has chances of being lost or not transferred completely.
Nevertheless, the rising popularity of smart factories is expected to present growth opportunities to the global automatic data capture market.
The product segments into which the global automatic data capture market is segregated in this report are RFID, barcode scanners, wearable scanners, and barcode printers.