Global Automatic Data Capture (ADC) Market Market 2023-2027
The automatic data capture (ADC) market is forecasted to grow by USD 36478.13 mn during 2022-2027, accelerating at a CAGR of 11.75% % during the forecast period. The report on the automatic data capture (ADC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing application of RFID, rising demand for better inventory management systems, and growing adoption of 2D barcodes.
Technavio's automatic data capture (ADC) market is segmented as below:
By Product
- RFID
- Barcode scanner
- Barcode printer
- Wearable scanners
By Application
- Industrial
- Financial security
- Retail
- T and L
- Healthcare and others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing popularity of smart factories as one of the prime reasons driving the automatic data capture (ADC) market growth during the next few years. Also, the growing popularity of big data and high demand for 2D wearable scanners will lead to sizable demand in the market.
The report on the automatic data capture (ADC) market covers the following areas:
- Automatic data capture (ADC) market sizing
- Automatic data capture (ADC) market forecast
- Automatic data capture (ADC) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automatic data capture (ADC) market vendors that include Alien Technology LLC, Avery Dennison Corp., B O S Better Online Solutions Ltd., Bluebird Inc., CipherLab Co. Ltd., Cognex Corp., Datalogic Spa, DENSO Corp., Honeywell International Inc., Impinj Inc., Janam Technologies LLC, Motorola Solutions Inc., Newland Europe BV, OMRON Corp., Opticon Sensors Europe BV, Panasonic Holdings Corp., SATO Holdings Corp., TSC Auto ID Technology Co. Ltd., Unitech Computer Co. Ltd., and Zebra Technologies Corp. Also, the automatic data capture (ADC) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.