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Automatic Identification Data Capture Market Size, Industry Growth, Sales Revenue, COVID-19 Market Scenario, Opportunity, and Industry Expansion Strategies to 2027

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vishu maxwell
Automatic Identification Data Capture Market Size, Industry Growth, Sales Revenue, COVID-19 Market Scenario, Opportunity, and Industry Expansion Strategies to 2027

The latest research report by Emergen Research, named ‘Global Automatic Identification Data Capture Market - Forecast to 2027’, entails a comprehensive review of the global Automatic Identification Data Capture market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.

The global Automatic Identification & Data Capture Market is forecasted to be worth USD 102.35 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the increasing e-commerce industry, the rising use of smartphones for QR code scanning and image recognition, and the adoption of automatic detection and data collection solutions are anticipated to augment market growth. It is expected that increasing prospects in the supply chain management and healthcare sectors will further increase the implementation of this technology.

Request a PDF sample copy of the report @https://www.emergenresearch.com/request-sample/199

COVID-19 Impact Analysis:

This report is the latest document encompassing the massive changes that took place in the Automatic Identification Data Capture market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Automatic Identification Data Capture market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments.

Key Highlights From The Report

  • In February 2020, IMPINJ Inc. launched the Future-Proofed RAIN RFID Reader. This is expected to further boost the capabilities of track-and-trace and resource management in logistics operations.
  • The smart card segment is expected to witness significant growth over the forecasted period due to large application areas, the accessibility of smart cards used for identity verification, credit cards, ATM cards, and health cards.
  • Due to the huge requirement for hardware in various automatic identification and data capture devices such as smart cards, wearable devices, smart glasses, and biometric systems, the hardware segment held the largest market with a CAGR of 14.7% during the forecast timeframe.

Report Highlights:

  • The report conducts a comparative assessment of the leading market players participating in the global Automatic Identification Data Capture market.
  • The report marks the notable developments that have recently taken place in the Automatic Identification Data Capture industry
  • It details on the strategic initiatives undertaken by the market competitors for business expansion.
  • It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Automatic Identification Data Capture market value chain.

To know more about the report, visit @https://www.emergenresearch.com/industry-report/automatic-identification-data-capture-market

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

 

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