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Automatic Identification and Data Capture Market - Global Opportunity Analysis and Industry Forecasts to 2022 - Research and MarketsThe "Automatic Identification and Data Capture Market - Global Opportunity Analysis and Industry Forecasts to 2022" report has been added to Research and Markets' offering. Global Automatic Identification & Data Capture (AIDC) Market is expected to reach USD 71,749.4 million by 2022, at a CAGR of 11.0% during the forecast period of 2017 to 2022. The global AIDC market is mainly driven by growing need to eliminate manual data capture & entry errors, rising government legislatives on the use of AIDC technology, various technological advancements, and growing e-commerce industry. In addition, growing healthcare sector and emerging economies are expected to offer significant opportunities for the market growth during the forecast period. On the basis of product type, biometric systems segment dominated the global AIDC market and is also expected to continue its dominance during the forecast period, owing to their rising adoption by various industries such as banking & financial institutes, government agencies, healthcare facilities, offices, and travel & immigration sector to improve overall security; to keep track of staff, patients, and customers; and for identification of individuals. Geographically, the global AIDC market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analysed at a country level with the detailed qualitative and quantitative analysis. North Americaaccounted for the major share in the global AIDC market in 2016, followed by Europe, and Asia Pacific. However, Asian countries are slated to register the fastest growth during the forecast period, primarily due to rising need for automatic data capture technologies to reduce manual errors, continuous shift of manufacturing industry to emerging countries, significantly growing retail industry, and increasing transportation & logistics sector supporting growing manufacturing & retail industry. Scope of the Report: Market by Product type:
By Product Type
By Printing Technology
Market by Vertical/Industry:
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/research/23vd4c/automatic
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