Automatic data capture (ADC) helps in capturing data automatically with equipment such as barcode scanners, magnetic stripe readers, optical character recognition, radio frequency identification, and speech recognition. It also helps in recognizing objects, getting information about them, and feeding it to the computer systems directly without any human involvement. It has advantages such as error reduction in data entry, inventory management, and less time consuming.
Technavio's analysts forecast the global ADC market to grow at a CAGR of 5.59% over the period 2014-2019.
Covered in this report
This report covers the present and future market scenarios of the global ADC market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of rugged mobile computers, barcode printers, handheld scanners, self-checkout systems, and POS retail scanners. The mobile computers that have been taken into consideration are used only for industrial purpose while the POS retail scanners are used in retail outlets.
Technavio's report, Global ADC Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global ADC market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key regions Americas APAC EMEA
Key vendors Datalogic Honeywell International Zebra Technologies
Other prominent vendors Casio Denso NCR
Increase in adoption of self-checkout systems For a full, detailed list, view our report
Replacement of ADC devices with consumer products For a full, detailed list, view our report
Growing adoption of 2D barcodes For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2019 and what will the growth rate be What are the key market trends What is driving this market What are the challenges to market growth Who are the key vendors in this market space What are the market opportunities and threats faced by the key vendors What are the strengths and weaknesses of the key vendors
Technavio Announces the Publication of its Research Report Global Automatic Data Capture Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Automatic Data Capture Market: Datalogic, Honeywell International and Zebra Technologies
Other Prominent Vendors in the market are: Casio, Denso and NCR
Commenting on the report, an analyst from Technavios team said: Big data involves a large number of datasets that can be analyzed computationally to determine trends and patterns associated with human behavior and interactions related to business. It is a collection or availability of vast amounts of data extracted from digital transactions, processes, social media, and more through different systems, mobiles, and sensors. Based on this information, firms apply analytics to find out behavior, future products, requirements, and other attributes.
According to the report, the availability of customized and innovative products like portable barcode scanners and other mobile computing devices will be a significant driver of market growth. Portable barcode scanners are devices connected to a server by either a wired connection or a wireless mode, such as Bluetooth, Wi-Fi, or any other protocol over a radio interface.
Further, the report states that due to the higher capacity of 2D barcodes, the market has seen increased adoption of these barcodes. However, to read a 2D or QR code, a 2D scanner is required. However, 2D handheld scanners are more expensive than other handheld scanners such as linear imagers and laser scanners. Since firms are looking to reduce costs to increase profitability, 2D imagers are a costly asset. Smartphones also have the capacity to read 2D barcodes, which companies may opt for instead of purchasing 2D scanners.