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The Europe Automatic Identification & Data Capture Market size would grow at a market growth of 11.2% CAGR during the forecast period. Automatic Identification & Data Capture system is used to identify and detect objects and data based on predetermined conditions. Automatic Identification & Data Capture include software solutions, hardware components and devices such as Magnetic Stripes, Smart Cards and biometric readers.
These solutions are widely used in payment authentication, self-checkout systems, and logistics. Growing government initiatives, stringent rules and regulations governing health care sector are the factors driving the applications of AIDC. Based on the product type, the Automatic Identification & Data Capture market is segmented into Smart Cards, Barcodes & Magnetic Stripe Cards, RFID Products, Biometric Systems, and Optical Character Recognition (OCR) Systems.
Based on the offering, the market is segmented into Hardware, Software, and Services. The verticals covered under the report include Manufacturing, Transportation & Logistics, BFSI, Healthcare, Retail, Government, and Others. The countries included in the report are Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the Europe Automatic Identification & Data Capture Market. Key companies profiled in the report include Datalogic S.P.A., Honeywell International, Inc., Zebra Technologies Corporation, Sick AG, Cognex Corporation, Toshiba Corporation, NEC Corporation, NXP Semiconductors N.V., Synaptics Incorporated, and Sato Holdings. '