Global Automatic Identification & Data Capture Market Research Report to 2027 – Featuring Avery Dennison, Cognex and Datalogic Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Automatic Identification & Data Capture Market Research Report by Product (Barcodes, Biometric System, and Magnetic Stripe Cards), Offering, Vertical, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.
The Global Automatic Identification & Data Capture Market size was estimated at USD 45.45 billion in 2021, USD 52.37 billion in 2022, and is projected to grow at a CAGR 15.41% to reach USD 107.45 billion by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Automatic Identification & Data Capture Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Automatic Identification & Data Capture Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Automatic Identification & Data Capture Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Automatic Identification & Data Capture Market?
4. What is the competitive strategic window for opportunities in the Global Automatic Identification & Data Capture Market?
5. What are the technology trends and regulatory frameworks in the Global Automatic Identification & Data Capture Market?
6. What is the market share of the leading vendors in the Global Automatic Identification & Data Capture Market?
7. What modes and strategic moves are considered suitable for entering the Global Automatic Identification & Data Capture Market?
Market Dynamics
Drivers
- Growing e-commerce industry
- Rising acceptance of advanced technologies such as barcode, RFID, and biometrics
- Increasing use of smartphones for QR code scanning and image recognition
- Minimizing queuing and transaction time and increasing convenience in making small-value payments
Restraints
- High deployment cost of AIDC solutions
- Lack of awareness about AIDC technology and its benefits among various industries in the emerging markets
Opportunities
- Growing supply chain management and healthcare industries
- Rising government regulations supporting high adoption of AIDC solutions
- Technology advancements & increasing application of AIDC solutions
Challenges
- Rising concerns associated with data security and breaches
- Reluctance towards adoption of new technologies
Companies Mentioned
- Avery Dennison Corporation
- Cognex Corporation
- Datalogic S.p.A.
- Dell Technologies Inc.
- HID Global Corporation by Assa Abloy AB
- Honeywell International Inc.
- Impinj, Inc.
- NCR Corporation
- NEC Corporation
- Newland Europe B.V.
- NXP Semiconductors N.V.
- Opticon Sensors Europe B.V.
- Panasonic Corporation
- SATO HOLDINGS CORPORATION
- Seiko Epson Corporation
- Sick AG
- Synaptics Incorporated.
- Toshiba Corporation
- TSC Auto ID Technology Co., Ltd.
- Zebra Technologies Corporation
For more information about this report visit https://www.researchandmarkets.com/r/bo8ntn
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