The Automatic Identification and Data Capture Market size was valued at USD 61.82 Billion in 2023 and is expected to grow to USD 156.37 Billion by 2031 and grow at a CAGR of 12.3% over the forecast period of 2024-2031.
The global e-commerce industry is experiencing significant growth. This growth can be attributed to various factors, such as the increasing use of smartphones for QR code scanning and image recognition. Additionally, the adoption of Automatic Identification and Data Capture (AIDC) solutions is on the rise. These solutions are favored for their ability to minimize queuing and transaction time, providing users with greater convenience when making small-value payments. Furthermore, banking and financial institutions are increasingly adopting AIDC solutions to ensure customer safety, security, and data privacy. The hardware segment has emerged as the dominant force in driving revenue growth globally. Its commanding share of over 62.5% highlights the increasing demand for AIDC hardware devices. These cutting-edge technologies, such as scanners, RFID tags, magnetic stripe cards, barcoding solutions, OCR systems, smart cards, and biometric systems, have become indispensable in various industries.
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Drivers
The market is anticipated to experience growth due to the increasing popularity of smartphone QR scanning and the emergence of innovative low-cost solutions.
The global e-commerce industry is experiencing significant growth.
In this industry, automatic identification and data capturing (AIDC) products such as barcoding solutions, wearables, and radio frequency identification (RFID) solutions are playing a crucial role, particularly in warehouse management. The implementation of AIDC technology offers numerous benefits to the e-commerce industry. It enables automatic identification of items, accurate data collection, and electronic entry of this data into computer systems. Moreover, this technology enhances overall productivity and operational efficiency by effectively tracking inventory, accounts, human resources, and various processes. Several devices are commonly used to identify and capture data in this industry. These include barcode scanners, rugged tablets, handheld and fixed-position laser scanners and imagers, RFID tags and readers, wearable devices, and voice recognition solutions. These tools find applications in inventory, asset, and workflow management, order fulfillment, and reducing queuing and transaction times, among other areas. Barcoding solutions and RFID systems have gained widespread adoption in the e-commerce industry for labeling and storing product information.
Restrains
The high installation cost of automatic identification and data capturing (AIDC) solutions
The high installation cost of automatic identification and data capturing (AIDC) solutions is a major obstacle for small and medium-sized enterprises (SMEs) looking to adopt these products. When implementing AIDC solutions, such as smart cards, SMEs must also install costly contactless point-of-sale terminals. This expense can be prohibitive for companies with limited capital to invest. Additionally, many small retail merchants still primarily rely on cash transactions rather than credit or debit cards for payments. This reliance on cash poses a significant challenge for traditional bank acquirers and contactless payment service providers (PSPs) seeking to promote card-based acceptance solutions.To address this issue, it is crucial to find ways to reduce the installation costs associated with AIDC solutions. By doing so, SMEs will be more inclined to adopt these technologies, leading to increased acceptance and usage of card-based payments. Additionally, educating small retail merchants about the benefits and convenience of card payments could help shift their reliance away from cash transactions.
Opportunities
Enforcing governmental regulations to facilitate the widespread adoption of AIDC (Automatic Identification and Data Capture) solutions
Challenges
Security mistakes and attacks by malware
Ukraine and Russia are key players in the global technology supply chain. Ukraine, in particular, has a significant presence in semiconductor manufacturing and software development. The war can disrupt the production and supply of AIDC components and technology, causing shortages and price increases. Geopolitical instability and the imposition of sanctions on Russia can create uncertainty for businesses operating in the AIDC market. Companies may hesitate to invest in technology from the region, leading to changes in supply chain strategies. Heightened geopolitical tensions often lead to increased concerns about cybersecurity and data protection. As a result, there may be a greater demand for The Russia-Ukraine conflict can have a ripple effect on the global economy. A recession or economic slowdown in key markets can lead to reduced spending on technology, including AIDC solutions. Companies may reassess their supply chain strategies and consider diversifying their suppliers to reduce reliance on the region. This could lead to new opportunities for AIDC technology providers from other regions. Businesses may prioritize supply chain resilience and business continuity planning, which could drive investment in AIDC technology to improve inventory management, traceability, and overall supply chain efficiency.
Export restrictions and trade barriers imposed on technology products related to AIDC can hinder the international expansion of AIDC companies and limit market access.
Impact of the Recession
During a recession, businesses often cut back on capital spending to conserve cash. This can lead to a decrease in investment in AIDC technology, particularly for large-scale projects or upgrades. Companies may postpone or scale down their AIDC implementations, impacting the growth of the market. Many organizations rely on AIDC technology to improve efficiency, reduce errors, and cut operational costs. In a recession, these organizations might delay AIDC implementation projects as they tighten their budgets. This can result in a slowdown in AIDC market growth. During a recession, businesses may prioritize cost-cutting measures over growth initiatives. This could lead to a shift in AIDC market demand towards solutions that directly address cost reduction and process optimization. For example, AIDC solutions that help companies better manage their inventory and reduce waste may see increased demand. The impact of a recession on the AIDC market can vary by industry. For example, industries like retail and manufacturing, which heavily rely on AIDC for inventory management and supply chain efficiency, may still invest in AIDC technology to remain competitive even during tough economic times. Other sectors, such as luxury goods or non-essential services, may cut back more aggressively on AIDC spending. Some sectors, like healthcare and government, may continue to invest in AIDC technology during a recession, driven by regulatory requirements, security concerns, and the need for improved data accuracy. Recessions can highlight the importance of supply chain resilience. Companies may invest in AIDC technology to better track and manage their supply chains to mitigate risks associated with economic uncertainty.
By Product
Scanner & Reader
Biometric Scanners
Printer & Recorder
Others
By Offering
Hardware
Solutions
Services
By Technology
Biometrics
Radio Frequency Identification (RFID)
Smart Cards
Optical Character Recognition (OCR)
Others
By Industry Vertical
BFSI
Manufacturing
Retail
Transportation & Logistics
Hospitality
Healthcare
Government
Others
The BFSI segment accounted for the largest share of revenue, surpassing 18% in 2021. This significant portion can be attributed to the growing demand for smart cards within the banking sector. Furthermore, the transport and logistics segment show promising potential as an end-user of AIDC solutions. By integrating AIDC technology into their operations, these industries have not only enhanced workflow efficiency but also revolutionized the way business is conducted, pushing boundaries and redefining industry standards.
North America emerged as the dominant force in the market, capturing an impressive 41.2 % share of the global revenue. This remarkable achievement can be attributed to several factors, including the rising awareness and widespread adoption of AIDC (Automatic Identification and Data Capture) devices, as well as substantial government support through legislation and investments, particularly in the retail, healthcare, and manufacturing sectors. Moreover, the region's unwavering acceptance of advanced technology and the continuous technological advancements across various industries are fueling the rapid growth of the regional market.
The Asia Pacific region is expected to experience the highest compound annual growth rate (CAGR) of 14.1 % from 2022 to 2030. This growth can be attributed to the increasing purchasing power of the middle class, which has led to retail and logistics companies expanding their operations in the region. Consequently, the automatic identification and data capture industry in the region has also expanded. Moreover, the presence of major players like Toshiba, SATO, Panasonic, Godex, and Optoelectronics is expected to drive further growth in the industry.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major players in the market are Toshiba Corporation, Cognex Corporation, Bluebird Inc., Honeywell International Inc., Datalogic S.p.A., NEC Corporation, Panasonic Holdings Corporation, Thales, Zebra Technologies Corp., B.O.S. Better Online Solutions LTD., NXP Semiconductors N.V., and others in the final report.
In August 2021, Zebra Technologies Corporation announced its plans to acquire antuit.ai, a leading provider of Artificial Intelligence-powered Software-as-a-Service (SaaS) solutions for forecasting and merchandising in the retail and Consumer Packaged Goods (CPGs) sectors. This strategic move aims to enhance Zebra Technologies' capabilities in delivering cutting-edge solutions to its customers.
In February 2021, Datalogic S.p.A successfully completed the acquisition of M.D.Micro Detectors S.p.A. This acquisition marks a significant milestone for Datalogic as it expands its product portfolio by incorporating inductive and ultrasonic sensors. By doing so, Datalogic aims to strengthen its presence not only in Italy but also on a global scale within the industrial automation industry. These sensors find applications in various sectors, including healthcare, logistics, and manufacturing.
In November 2019, Panasonic, a Japanese company, introduced an innovative application programming interface (API) for facial recognition technology exclusively in Japan. This API harnesses the power of deep learning to provide advanced facial recognition capabilities through a cloud-based service. By integrating this API into their smartphone applications, websites, and access management systems, customers can now seamlessly incorporate facial recognition technology into their daily operations.
Moving on to January 2019, SICK AG, a prominent German company, successfully acquired SICK SpA, its joint venture with E.i. Schädler y Cía Ltda, a trusted product distributor in Chile. This strategic acquisition has significantly bolstered SICK AG's presence in South America, solidifying its position as a leading player in the region.
Report Attributes | Details |
Market Size in 2023 | US$ 61.82 Bn |
Market Size by 2031 | US$ 156.37 Bn |
CAGR | CAGR of 12.3% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (Scanner & Reader, Biometric Scanners, Printer & Recorder, Others) • By Offering (Hardware, Solutions, Services) • By Technology (Biometrics, Radio Frequency Identification (RFID), Smart Cards, Optical Character Recognition (OCR), Others) • By Industry Vertical (BFSI, Manufacturing, Retail, Transportation & Logistics, Hospitality, Healthcare, Government, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | Toshiba Corporation, Cognex Corporation, Bluebird Inc., Honeywell International Inc., Datalogic S.p.A., NEC Corporation, Panasonic Holdings Corporation, Thales, Zebra Technologies Corp., B.O.S. Better Online Solutions LTD., NXP Semiconductors N.V |
Key Drivers | • The market is anticipated to experience growth due to the increasing popularity of smartphone QR scanning and the emergence of innovative low-cost solutions. • The global e-commerce industry is experiencing significant growth. |
Market Restraints | • The high installation cost of automatic identification and data capturing (AIDC) solutions |
Ans. The forecast period for the Automatic Identification and Data Capture Market is 2023-2030.
Ans. 12.1% is the CAGR of Automatic Identification and Data Capture Market
Ans: USD 53.46 billion in 2022 is the market share of the Automatic Identification and Data Capture Market.
Ans: The market is expected to grow to USD 133.31 billion by the forecast period of 2030.
Ans: North American region is dominating the Automatic Identification and Data Capture Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Automatic Identification and Data Capture [AIDC] Market Segmentation, By Product
8.1 Scanner & Reader
8.2 Biometric Scanners
8.3 Printer & Recorder
8.4 Others
9. Automatic Identification and Data Capture [AIDC] Market Segmentation, By Offering
9.1 Hardware
9.2 Solutions
9.3 Services
10. Automatic Identification and Data Capture [AIDC] Market Segmentation, By Technology
10.1 Biometrics
10.2 Radio Frequency Identification (RFID)
10.3 Smart Cards
10.4 Optical Character Recognition (OCR)
10.5 Others
11. Automatic Identification and Data Capture [AIDC] Market Segmentation, By Industry Vertical
11.1 BFSI
11.2 Manufacturing
11.3 Retail
11.4 Transportation & Logistics
11.5 Hospitality
11.6 Healthcare
11.7 Government
11.8 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Automatic Identification and Data Capture [AIDC] Market By Country
12.2.2 North America Automatic Identification and Data Capture [AIDC] Market By Product
12.2.3 North America Automatic Identification and Data Capture [AIDC] Market By Offering
12.2.4 North America Automatic Identification and Data Capture [AIDC] Market By Technology
12.2.5 North America Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.2.6 USA
12.2.6.1 USA Automatic Identification and Data Capture [AIDC] Market By Product
12.2.6.2 USA Automatic Identification and Data Capture [AIDC] Market By Offering
12.2.6.3 USA Automatic Identification and Data Capture [AIDC] Market By Technology
12.2.6.4 USA Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.2.7 Canada
12.2.7.1 Canada Automatic Identification and Data Capture [AIDC] Market By Product
12.2.7.2 Canada Automatic Identification and Data Capture [AIDC] Market By Offering
12.2.7.3 Canada Automatic Identification and Data Capture [AIDC] Market By Technology
12.2.7.4 Canada Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.2.8 Mexico
12.2.8.1 Mexico Automatic Identification and Data Capture [AIDC] Market By Product
12.2.8.2 Mexico Automatic Identification and Data Capture [AIDC] Market By Offering
12.2.8.3 Mexico Automatic Identification and Data Capture [AIDC] Market By Technology
12.2.8.4 Mexico Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Country
12.3.1.2 Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Product
12.3.1.3 Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.1.4 Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.1.5 Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.1.6 Poland
12.3.1.6.1 Poland Automatic Identification and Data Capture [AIDC] Market By Product
12.3.1.6.2 Poland Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.1.6.3 Poland Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.1.6.4 Poland Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.1.7 Romania
12.3.1.7.1 Romania Automatic Identification and Data Capture [AIDC] Market By Product
12.3.1.7.2 Romania Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.1.7.3 Romania Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.1.7.4 Romania Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.1.8 Hungary
12.3.1.8.1 Hungary Automatic Identification and Data Capture [AIDC] Market By Product
12.3.1.8.2 Hungary Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.1.8.3 Hungary Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.1.8.4 Hungary Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.1.9 Turkey
12.3.1.9.1 Turkey Automatic Identification and Data Capture [AIDC] Market By Product
12.3.1.9.2 Turkey Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.1.9.3 Turkey Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.1.9.4 Turkey Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Product
12.3.1.10.2 Rest of Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.1.10.3 Rest of Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.1.10.4 Rest of Eastern Europe Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2 Western Europe
12.3.2.1 Western Europe Automatic Identification and Data Capture [AIDC] Market By Country
12.3.2.2 Western Europe Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.3 Western Europe Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.4 Western Europe Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.5 Western Europe Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.6 Germany
12.3.2.6.1 Germany Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.6.2 Germany Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.6.3 Germany Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.6.4 Germany Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.7 France
12.3.2.7.1 France Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.7.2 France Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.7.3 France Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.7.4 France Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.8 UK
12.3.2.8.1 UK Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.8.2 UK Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.8.3 UK Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.8.4 UK Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.9 Italy
12.3.2.9.1 Italy Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.9.2 Italy Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.9.3 Italy Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.9.4 Italy Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.10 Spain
12.3.2.10.1 Spain Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.10.2 Spain Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.10.3 Spain Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.10.4 Spain Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.11.2 Netherlands Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.11.3 Netherlands Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.11.4 Netherlands Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.12.2 Switzerland Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.12.3 Switzerland Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.12.4 Switzerland Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.13 Austria
12.3.2.13.1 Austria Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.13.2 Austria Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.13.3 Austria Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.13.4 Austria Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Automatic Identification and Data Capture [AIDC] Market By Product
12.3.2.14.2 Rest of Western Europe Automatic Identification and Data Capture [AIDC] Market By Offering
12.3.2.14.3 Rest of Western Europe Automatic Identification and Data Capture [AIDC] Market By Technology
12.3.2.14.4 Rest of Western Europe Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4 Asia-Pacific
12.4.1 Asia Pacific Automatic Identification and Data Capture [AIDC] Market By Country
12.4.2 Asia Pacific Automatic Identification and Data Capture [AIDC] Market By Product
12.4.3 Asia Pacific Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.4 Asia Pacific Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.5 Asia Pacific Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4.6 China
12.4.6.1 China Automatic Identification and Data Capture [AIDC] Market By Product
12.4.6.2 China Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.6.3 China Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.6.4 China Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4.7 India
12.4.7.1 India Automatic Identification and Data Capture [AIDC] Market By Product
12.4.7.2 India Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.7.3 India Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.7.4 India Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4.8 Japan
12.4.8.1 Japan Automatic Identification and Data Capture [AIDC] Market By Product
12.4.8.2 Japan Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.8.3 Japan Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.8.4 Japan Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4.9 South Korea
12.4.9.1 South Korea Automatic Identification and Data Capture [AIDC] Market By Product
12.4.9.2 South Korea Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.9.3 South Korea Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.9.4 South Korea Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4.10 Vietnam
12.4.10.1 Vietnam Automatic Identification and Data Capture [AIDC] Market By Product
12.4.10.2 Vietnam Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.10.3 Vietnam Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.10.4 Vietnam Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4.11 Singapore
12.4.11.1 Singapore Automatic Identification and Data Capture [AIDC] Market By Product
12.4.11.2 Singapore Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.11.3 Singapore Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.11.4 Singapore Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4.12 Australia
12.4.12.1 Australia Automatic Identification and Data Capture [AIDC] Market By Product
12.4.12.2 Australia Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.12.3 Australia Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.12.4 Australia Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Automatic Identification and Data Capture [AIDC] Market By Product
12.4.13.2 Rest of Asia-Pacific Automatic Identification and Data Capture [AIDC] Market By Offering
12.4.13.3 Rest of Asia-Pacific Automatic Identification and Data Capture [AIDC] Market By Technology
12.4.13.4 Rest of Asia-Pacific Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Automatic Identification and Data Capture [AIDC] Market By Country
12.5.1.2 Middle East Automatic Identification and Data Capture [AIDC] Market By Product
12.5.1.3 Middle East Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.1.4 Middle East Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.1.5 Middle East Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.1.6 UAE
12.5.1.6.1 UAE Automatic Identification and Data Capture [AIDC] Market By Product
12.5.1.6.2 UAE Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.1.6.3 UAE Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.1.6.4 UAE Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.1.7 Egypt
12.5.1.7.1 Egypt Automatic Identification and Data Capture [AIDC] Market By Product
12.5.1.7.2 Egypt Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.1.7.3 Egypt Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.1.7.4 Egypt Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Automatic Identification and Data Capture [AIDC] Market By Product
12.5.1.8.2 Saudi Arabia Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.1.8.3 Saudi Arabia Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.1.8.4 Saudi Arabia Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.1.9 Qatar
12.5.1.9.1 Qatar Automatic Identification and Data Capture [AIDC] Market By Product
12.5.1.9.2 Qatar Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.1.9.3 Qatar Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.1.9.4 Qatar Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Automatic Identification and Data Capture [AIDC] Market By Product
12.5.1.10.2 Rest of Middle East Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.1.10.3 Rest of Middle East Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.1.10.4 Rest of Middle East Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.2. Africa
12.5.2.1 Africa Automatic Identification and Data Capture [AIDC] Market By Country
12.5.2.2 Africa Automatic Identification and Data Capture [AIDC] Market By Product
12.5.2.3 Africa Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.2.4 Africa Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.2.5 Africa Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Automatic Identification and Data Capture [AIDC] Market By Product
12.5.2.6.2 Nigeria Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.2.6.3 Nigeria Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.2.6.4 Nigeria Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.2.7 South Africa
12.5.2.7.1 South Africa Automatic Identification and Data Capture [AIDC] Market By Product
12.5.2.7.2 South Africa Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.2.7.3 South Africa Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.2.7.4 South Africa Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Automatic Identification and Data Capture [AIDC] Market By Product
12.5.2.8.2 Rest of Africa Automatic Identification and Data Capture [AIDC] Market By Offering
12.5.2.8.3 Rest of Africa Automatic Identification and Data Capture [AIDC] Market By Technology
12.5.2.8.4 Rest of Africa Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.6. Latin America
12.6.1 Latin America Automatic Identification and Data Capture [AIDC] Market By Country
12.6.2 Latin America Automatic Identification and Data Capture [AIDC] Market By Product
12.6.3 Latin America Automatic Identification and Data Capture [AIDC] Market By Offering
12.6.4 Latin America Automatic Identification and Data Capture [AIDC] Market By Technology
12.6.5 Latin America Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.6.6 Brazil
12.6.6.1 Brazil Automatic Identification and Data Capture [AIDC] Market By Product
12.6.6.2 Brazil Automatic Identification and Data Capture [AIDC] Market By Offering
12.6.6.3 Brazil Automatic Identification and Data Capture [AIDC] Market By Technology
12.6.6.4 Brazil Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.6.7 Argentina
12.6.7.1 Argentina Automatic Identification and Data Capture [AIDC] Market By Product
12.6.7.2 Argentina Automatic Identification and Data Capture [AIDC] Market By Offering
12.6.7.3 Argentina Automatic Identification and Data Capture [AIDC] Market By Technology
12.6.7.4 Argentina Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.6.8 Colombia
12.6.8.1 Colombia Automatic Identification and Data Capture [AIDC] Market By Product
12.6.8.2 Colombia Automatic Identification and Data Capture [AIDC] Market By Offering
12.6.8.3 Colombia Automatic Identification and Data Capture [AIDC] Market By Technology
12.6.8.4 Colombia Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Automatic Identification and Data Capture [AIDC] Market By Product
12.6.9.2 Rest of Latin America Automatic Identification and Data Capture [AIDC] Market By Offering
12.6.9.3 Rest of Latin America Automatic Identification and Data Capture [AIDC] Market By Technology
12.6.9.4 Rest of Latin America Automatic Identification and Data Capture [AIDC] Market By Industry Vertical
13. Company Profile
13.1 Toshiba Corporation
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Cognex Corporation.
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Bluebird Inc.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Honeywell International Inc.
13.4.1 Company Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Datalogic S.p.A.
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 NEC Corporation.
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Panasonic Holdings Corporation.
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Thales.
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Zebra Technologies Corp.
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 NXP Semiconductors N.V.
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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