Automatic Data Capture Market Report: Trends, Forecast and Competitive Analysis to 2030

Automatic Data Capture Trends and Forecast

The future of the global automatic data capture market looks promising with opportunities in the manufacturing, retail, transportation & logistic, education & IT, and healthcare markets. The global automatic data capture market is expected to reach an estimated $18.3 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are rising popularity of smart factories, increasing popularity of big data, and high demand for portable 2D scanners.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Automatic Data Capture by Segment

The study includes a forecast for the global automatic data capture by component, technology, end use, and region.

Automatic Data Capture Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Automatic Data Capture Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• OCR
• BCR
• RFID
• Others

Automatic Data Capture Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Manufacturing
• Retail
• Transportation & Logistics
• Education & IT
• Healthcare
• Others

Automatic Data Capture Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automatic Data Capture Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automatic data capture companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automatic data capture companies profiled in this report include-

• Bluebird
• CIPHERLAB
• Cognex
• Toshiba
• Denso Wave
• Eutronix
• Honeywell International
• Ingram Micro
• Microscan Systems
• SATO

Automatic Data Capture Market Insights

Lucintel forecasts that software is expected to witness the highest growth over the forecast period.

Within this market, manufacturing will remain the largest segment.

North America will remain the largest region over the forecast period due to growing adoption of concepts such as smart factories in this region.

Features of the Global Automatic Data Capture Market

Market Size Estimates: Automatic data capture market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Automatic data capture market size by component, technology, end use, and region in terms of value ($B).

Regional Analysis: Automatic data capture market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different component, technology, end use, and regions for the automatic data capture market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automatic data capture market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the automatic data capture market size?

Answer: The global automatic data capture market is expected to reach an estimated $18.3 billion by 2030.

Q2. What is the growth forecast for automatic data capture market?

Answer: The global automatic data capture market is expected to grow with a CAGR of 5.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the automatic data capture market?

Answer: The major drivers for this market are rising popularity of smart factories, increasing popularity of big data, and high demand for portable 2D scanners.

Q4. What are the major segments for automatic data capture market?

Answer: The future of the global automatic data capture market looks promising with opportunities in the manufacturing, retail, transportation & logistic, education & IT, and healthcare markets.

Q5. Who are the key automatic data capture market companies?

Answer: Some of the key automatic data capture companies are as follows:

• Bluebird
• CIPHERLAB
• Cognex
• Toshiba
• Denso Wave
• Eutronix
• Honeywell International
• Ingram Micro
• Microscan Systems
• SATO

Q6. Which automatic data capture market segment will be the largest in future?

Answer: Lucintel forecasts that software is expected to witness the highest growth over the forecast period.

Q7. In automatic data capture market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing adoption of concepts such as smart factories in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the automatic data capture market by component (hardware, software, and services), technology (OCR, BCR, RFID, and others), end use (manufacturing, retail, transportation & logistics, education & IT, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?