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Automatic Identification and Data Capture Market Share

Report ID: GMI7395
Published Date: Nov 2023
Report Format: PDF

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Automatic Identification and Data Capture Market Share

Major companies operating in the automatic identification and data capture industry are:

Panasonic Corporation
Denso Global
Honeywell International Inc
Toshiba corporation
Thales Group
Zebra Technologies Corporation
NCR Corporation
SICK AG
Congex Corporation
SATO Holdings Corporation

Panasonic Corporation and Denso Global dominate the automatic identification and data capture market. Major companies in the market are fiercely competing for revenue share by leveraging emerging RFID technology, digital watermarking, and 1D & 2D barcodes. They focus on innovations, enhancing product capabilities, and expanding service offerings to gain a competitive edge in the industry.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automatic identification and data capture reached USD 50.5 billion in 2022 and is set to grow at 13.5% CAGR from 2023 to 2032, due to the increasing construction of warehouses dedicated to storing and managing electric components worldwide.

The hardware component segment held over 45% of the market share in 2022, owing to its capability to enhance work productivity through barcode printers.

North America accounted for 30% of the market share in 2022, attributed to the continuous technological advancements and strong emphasis on research and development in the region.

Panasonic Corporation, Denso Global, Honeywell International Inc, Toshiba corporation, Thales Group, Zebra Technologies Corporation, NCR Corporation, SICK AG, and Congex Corporation are some of the major automatic identification and data capture companies worldwide.