The automatic identification and data capture market is expected to grow from US$ 34,342.36 million in 2019 to US$ 78,654.15 million by 2027; it is estimated to grow at a CAGR of 10.9% from 2020 to 2027.
In the era of automation, programmed machineries play a vital role in reducing cost and time taken to produce goods or to cater services. The users of applications are enabled to have more control over the sensitive data with features like 24/7 monitoring and security. The biggest advantage of deploying programmed tools such as automatic data capture instruments for organizations is the reduction in the amount of human intervention required. Lesser human intervention leads to lesser errors by any system. The uniformity of results obtained when employed a programmed process gives better opportunity for an organization to achieve higher efficiency as compared to human interactions as such instances. In addition, handling organization data using a software service proves cheaper, efficient and secure than appointing personnel to maintain it. Increasing volume of data will lead to more complexities in storing, maintain and other data operations. These tools can thus be ideally the best technique to reduce complexity in data operation. In today’s world, data generated or processed for various purposes is exploding and manual entries of such huge amounts of data into the computer system could prove time inefficient and in effective with too many human errors. Rather an intelligent tool, that can on its own capture the required data from the product and store it in the computer in the digital form would prove faster, error-free and time-efficient for the end-user majorly in document processing applications. Thus, this need act as driving factor for the growth of automatic identification and data capture market.
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Automatic Identification and Data Capture Market: Strategic Insights
Market Size Value in US$ 34,342.36 Million in 2019 Market Size Value by US$ 78,654.15 Million by 2027 Growth rate CAGR of 10.9% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Automatic Identification and Data Capture Market: Strategic Insights
| Market Size Value in | US$ 34,342.36 Million in 2019 |
| Market Size Value by | US$ 78,654.15 Million by 2027 |
| Growth rate | CAGR of 10.9% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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The automatic identification and data capture market players were witnessing substantial rise in demand for their products and services before the emergence of COVID-19 outbreak in December 2019. The demand for their products and services drastically fell across the industries other than healthcare, logistics, and retail due to the lockdowns and business shutdowns in various countries. Manufacturing units operating with limited manpower amid the COVID-19 crisis have led to the lowered production volumes; this has had a direct impact on the adoption of barcode labels, RFID tags, OCR, and smart cards as the manufacturers restricted themselves from investing in such modern technologies and rather redirected their focus on improving productivity, along with adhering to the norms laid down by respective governments.
Automatic Identification and Data Capture Market Revenue and Forecast to 2027 (US$ Million)
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Automatic Identification and Data Capture Market Segmentation
Automatic Identification and Data Capture Market– by Offering
- Hardware
- Software
- Services
Automatic Identification and Data Capture Market – by Product
- Barcodes Products
- Magnetic Stripe Cards
- Smart Cards
- OCR Systems
- RFID Products
- Biometric Systems
Automatic Identification and Data Capture Market – By Industry Vertical
- BFSI
- Retail & E-commerce
- Manufacturing
- Healthcare
- Government
- Transportation & Logistics
- Others
Automatic Identification and Data Capture Market – by Region
- North America
- Europe
- AsiaPacific
- Middle East and Africa
- South America
Automatic Identification and Data Capture Market – Companies Mentioned
- Bluebird, Inc.
- Cipherlab, Co. Ltd.
- Cognex Corporation
- Datalogic, Denso Wave Inc.
- Denso Wave Inc.
- Honeywell International Inc.
- Sato Holding Corporation
- Sick AG
- Toshiba Corporation
- Zebra Technologies Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offering , Product , Industry Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The RFID products segment is expected to dominate the automatic identification and data capture marketduring the forecast period. A relatively modern automatic data capture technology is with the usage of radio frequency signals. Radio Frequency Identification (RFID) is used in keeping track and visibility of objects that are on the move. The RFID is a portable memory device on a chip that replaces the earlier called Universal Product Code (UPC) as it carries more dynamic information as compared to the earlier UPC. This memory chip can be easily embedded in any kind of object that is to be considered for tracking. Radio frequency communications is employed between a host computer and an RFID device consisting of the memory chip. An RFID system comprises of a tag that contains data, an antenna to communicate with the tag and a controller that is used to manage the communication between the antenna and the host computer.
Theneed for cost-effective and error-free solution for data entry purposesact as a driving factor for the growth of automatic identification and data capture market. As, in today’s world, data generated or processed for various purposes is exploding and manual entries of such huge amounts of data into the computer system could prove time inefficient and in effective with too many human errors. Rather an intelligent tool, that can on its own capture the required data from the product and store it in the computer in the digital form would prove faster, error-free, time-efficient, and cost-effective for the end-user majorly in document processing applications. Moreover,the booming e-commerce industry and increasing usage of RFID tools in the healthcare sector, thereby substantially driving theautomatic identification and data capture market.
The rise in internet of things application in automatic identification and data capture is facilitating user to carry real–time enhanced quality of inspection. Information gathered into the automatic data capture device is then stored in cloud based systems for real-time and quality analysis. Quick return on investments is one of the advantages associated with the deployment of AIDC instruments and thus they perfectly fit in the vision of transportation & logistics, retail sector for automated inspection and quality management application.Moreover, in automotive industry, transportation & logistics industry and retail sector are some of the key end user verticals in Europe for AIDC instrument’s implementation, as it is observed that these industries use robots and automated material handling equipment at various stages of quality check, picking, placing & sorting of products in warehouses as well as managing inventory. Integration of AIDC instruments with advanced components such as sensors will further increase the flexibility and efficient productivity. Industrial automation is one of the key areas for the progress of French and European market. Realizing Industry 4.0 requires stakeholders look for small steps needed and the implementation of AIDC instruments could provide the required boost. Thus, ideas for IoT and Industry 4.0 could bring up more opportunities for AIDC manufacturers to implement in various sectors.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Automatic Identification and Data Capture Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis
5. Automatic Identification and Data Capture Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Need for Cost-effective and Error-free Solution for Data Entry Purposes
5.1.2 Booming E-commerce Industry
5.1.3 Increasing Usage of RFID Tools in the Healthcare Sector
5.2 Market Restraints
5.2.1 Complications Pertaining to the End-user Requirements and Fluctuations in Software Pricing
5.2.2 Performance Concerns of Software on Account of Third Party Outsourcing
5.3 Market Opportunities
5.3.1 Introduction of IoT and Industry 4.0
5.4 Future trends
5.4.1 Convergence of Wearable Devices with Artificial Intelligence
5.4.2 Increased Pharmaceutical Regulations
5.5 Impact Analysis of Drivers and Restraints
6. Automatic Identification and Data Capture Market – Global Analysis
6.1 Automatic Identification and Data Capture Market Global Overview
6.2 Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Market Players Ranking
7. Automatic Identification and Data Capture Market Analysis – By Offering
7.1 Overview
7.2 Automatic Identification and Data Capture Market, By Offering (2019 and 2027)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Service: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
8. Automatic Identification and Data Capture Market Analysis – By Product
8.1 Overview
8.2 Automatic Identification and Data Capture Market Breakdown, by Product, 2019 & 2027
8.3 Barcode Products
8.3.1 Overview
8.3.2 Barcode Products: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Magnetic Strip Cards
8.4.1 Overview
8.4.2 Magnetic Strip Cards: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Smart Cards
8.5.1 Overview
8.5.2 Smart Cards: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
8.6 OCR Systems
8.6.1 Overview
8.6.2 OCR Systems: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
8.7 RFID Products
8.7.1 Overview
8.7.2 RFID Products: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
8.8 Biometric Systems
8.8.1 Overview
8.8.2 Biometric Systems: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
9. Automatic Identification and Data Capture Market – by Industry Vertical
9.1 Overview
9.2 Automatic Identification and Data Capture Market, by Industry Vertical (2019 and 2027)
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Retail & E-commerce
9.4.1 Overview
9.4.2 Retail & E-commerce: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Manufacturing
9.5.1 Overview
9.5.2 Manufacturing: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Healthcare
9.6.1 Overview
9.6.2 Healthcare: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
9.7 Government
9.7.1 Overview
9.7.2 Government: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
9.8 Transportation & Logistics
9.8.1 Overview
9.8.2 Transportation & Logistics: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10. Automatic Identification and Data Capture Market – Geographic Analysis
10.1 Overview
10.2 North America: Automatic Identification and Data Capture Market
10.2.1 North America: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Automatic Identification and Data Capture Market, by Offering
10.2.3 North America: Automatic Identification and Data Capture Market, by Product
10.2.4 North America: Automatic Identification and Data Capture Market, by Industry Vertical
10.2.5 North America: Automatic Identification and Data Capture Market, by Country
10.2.5.1 US: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Automatic Identification and Data Capture Market, by Offering
10.2.5.1.2 US: Automatic Identification and Data Capture Market, by Product
10.2.5.1.3 US: Automatic Identification and Data Capture Market, by Industry Vertical
10.2.5.2 Canada: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Automatic Identification and Data Capture Market, by Offering
10.2.5.2.2 Canada: Automatic Identification and Data Capture Market, by Product
10.2.5.2.3 Canada: Automatic Identification and Data Capture Market, by Industry Vertical
10.2.5.3 Mexico: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Automatic Identification and Data Capture Market, by Offering
10.2.5.3.2 Mexico: Automatic Identification and Data Capture Market, by Product
10.2.5.3.3 Mexico: Automatic Identification and Data Capture Market, by Industry Vertical
10.3 Europe: Automatic Identification and Data Capture Market
10.3.1 Europe: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Automatic Identification and Data Capture Market, by Offering
10.3.3 Europe: Automatic Identification and Data Capture Market, by Product
10.3.4 Europe: Automatic Identification and Data Capture Market, by Industry Vertical
10.3.5 Europe: Automatic Identification and Data Capture Market, by Country
10.3.5.1 France: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 France: Automatic Identification and Data Capture Market, by Offering
10.3.5.1.2 France: Automatic Identification and Data Capture Market, by Product
10.3.5.1.3 France: Automatic Identification and Data Capture Market, by Industry Vertical
10.3.5.2 Germany: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 Germany: Automatic Identification and Data Capture Market, by Offering
10.3.5.2.2 Germany: Automatic Identification and Data Capture Market, by Product
10.3.5.2.3 Germany: Automatic Identification and Data Capture Market, by Industry Vertical
10.3.5.3 Italy: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Automatic Identification and Data Capture Market, by Offering
10.3.5.3.2 Italy: Automatic Identification and Data Capture Market, by Product
10.3.5.3.3 Italy: Automatic Identification and Data Capture Market, by Industry Vertical
10.3.5.4 UK: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Automatic Identification and Data Capture Market, by Offering
10.3.5.4.2 UK: Automatic Identification and Data Capture Market, by Product
10.3.5.4.3 UK: Automatic Identification and Data Capture Market, by Industry Vertical
10.3.5.5 Russia: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Automatic Identification and Data Capture Market, by Offering
10.3.5.5.2 Russia: Automatic Identification and Data Capture Market, by Product
10.3.5.5.3 Russia: Automatic Identification and Data Capture Market, by Industry Vertical
10.3.5.6 Rest of Europe: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Automatic Identification and Data Capture Market, by Offering
10.3.5.6.2 Rest of Europe: Automatic Identification and Data Capture Market, by Product
10.3.5.6.3 Rest of Europe: Automatic Identification and Data Capture Market, by Industry Vertical
10.4 APAC: Automatic Identification and Data Capture Market
10.4.1 APAC: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Automatic Identification and Data Capture Market, by Offering
10.4.3 APAC: Automatic Identification and Data Capture Market, by Product
10.4.4 APAC: Automatic Identification and Data Capture Market, by Industry Vertical
10.4.5 APAC: Automatic Identification and Data Capture Market, by Country
10.4.5.1 Australia: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Automatic Identification and Data Capture Market, by Offering
10.4.5.1.2 Australia: Automatic Identification and Data Capture Market, by Product
10.4.5.1.3 Australia: Automatic Identification and Data Capture Market, by Industry Vertical
10.4.5.2 China: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Automatic Identification and Data Capture Market, by Offering
10.4.5.2.2 China: Automatic Identification and Data Capture Market, by Product
10.4.5.2.3 China: Automatic Identification and Data Capture Market, by Industry Vertical
10.4.5.3 India: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Automatic Identification and Data Capture Market, by Offering
10.4.5.3.2 India: Automatic Identification and Data Capture Market, by Product
10.4.5.3.3 India: Automatic Identification and Data Capture Market, by Industry Vertical
10.4.5.4 Japan: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: Automatic Identification and Data Capture Market, by Offering
10.4.5.4.2 Japan: Automatic Identification and Data Capture Market, by Product
10.4.5.4.3 Japan: Automatic Identification and Data Capture Market, by Industry Vertical
10.4.5.5 South Korea: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Automatic Identification and Data Capture Market, by Offering
10.4.5.5.2 South Korea: Automatic Identification and Data Capture Market, by Product
10.4.5.5.3 South Korea: Automatic Identification and Data Capture Market, by Industry Vertical
10.4.5.6 Rest of APAC: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Automatic Identification and Data Capture Market, by Offering
10.4.5.6.2 Rest of APAC: Automatic Identification and Data Capture Market, by Product
10.4.5.6.3 Rest of APAC: Automatic Identification and Data Capture Market, by Industry Vertical
10.5 MEA: Automatic Identification and Data Capture Market
10.5.1 MEA: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Automatic Identification and Data Capture Market, by Offering
10.5.3 MEA: Automatic Identification and Data Capture Market, by Product
10.5.4 MEA: Automatic Identification and Data Capture Market, by Industry Vertical
10.5.5 MEA: Automatic Identification and Data Capture Market, by Country
10.5.5.1 Saudi Arabia: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 Saudi Arabia: Automatic Identification and Data Capture Market, by Offering
10.5.5.1.2 Saudi Arabia: Automatic Identification and Data Capture Market, by Product
10.5.5.1.3 Saudi Arabia: Automatic Identification and Data Capture Market, by Industry Vertical
10.5.5.2 UAE: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 UAE: Automatic Identification and Data Capture Market, by Offering
10.5.5.2.2 UAE: Automatic Identification and Data Capture Market, by Product
10.5.5.2.3 UAE: Automatic Identification and Data Capture Market, by Industry Vertical
10.5.5.3 South Africa: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 South Africa: Automatic Identification and Data Capture Market, by Offering
10.5.5.3.2 South Africa: Automatic Identification and Data Capture Market, by Product
10.5.5.3.3 South Africa: Automatic Identification and Data Capture Market, by Industry Vertical
10.5.5.4 Rest of MEA: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Automatic Identification and Data Capture Market, by Offering
10.5.5.4.2 Rest of MEA: Automatic Identification and Data Capture Market, by Product
10.5.5.4.3 Rest of MEA: Automatic Identification and Data Capture Market, by Industry Vertical
10.6 SAM: Automatic Identification and Data Capture Market
10.6.1 SAM: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: Automatic Identification and Data Capture Market, by Offering
10.6.3 SAM: Automatic Identification and Data Capture Market, by Product
10.6.4 SAM: Automatic Identification and Data Capture Market, by Industry Vertical
10.6.5 SAM: Automatic Identification and Data Capture Market, by Country
10.6.5.1 Brazil: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Automatic Identification and Data Capture Market, by Offering
10.6.5.1.2 Brazil: Automatic Identification and Data Capture Market, by Product
10.6.5.1.3 Brazil: Automatic Identification and Data Capture Market, by Industry Vertical
10.6.5.2 Argentina: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Automatic Identification and Data Capture Market, by Offering
10.6.5.2.2 Argentina: Automatic Identification and Data Capture Market, by Product
10.6.5.2.3 Argentina: Automatic Identification and Data Capture Market, by Industry Vertical
10.6.5.3 Rest of SAM: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Automatic Identification and Data Capture Market, by Offering
10.6.5.3.2 Rest of SAM: Automatic Identification and Data Capture Market, by Product
10.6.5.3.3 Rest of SAM: Automatic Identification and Data Capture Market, by Industry Vertical
11. Impact of COVID-19 Pandemic
11.1 Impact of COVID-19 Pandemic on Automatic Identification and Data Capture Market: Regional Analysis
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.1.5 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiative
12.2 New Product Development
13. Company Profiles
13.1 Cipherlab Co., Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Bluebird Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cognex Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Datalogic S.p.A
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Denso Wave Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Honeywell International Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 SATO Holdings Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SICK AG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Toshiba Corporation
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Zebra Technologies Corporation
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Automatic Identification and Data Capture Market, by Offering – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Automatic Identification and Data Capture Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Automatic Identification and Data Capture Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe: Automatic Identification and Data Capture Market, by Offering – Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe: Automatic Identification and Data Capture Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe: Automatic Identification and Data Capture Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 17. France: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 18. France: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 19. France: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 20. Germany: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 21. Germany: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 22. Germany: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 23. Italy: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 24. Italy: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 26. UK: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 27. UK: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 28. UK: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 32. Rest of Europe: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 35. APAC: Automatic Identification and Data Capture Market, by Offering – Revenue and Forecast to 2027 (US$ Million)
Table 36. APAC: Automatic Identification and Data Capture Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 37. APAC: Automatic Identification and Data Capture Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 38. Australia: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 39. Australia: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 40. Australia: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 41. China: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 42. China: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 43. China: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 44. India: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 45. India: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 46. India: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 47. Japan: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 48. Japan: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 49. Japan: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 50. South Korea: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 51. South Korea: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 52. South Korea: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of APAC: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of APAC: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of APAC: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 56. MEA: Automatic Identification and Data Capture Market, by Offering– Revenue and Forecast to 2027 (US$ Million)
Table 57. MEA: Automatic Identification and Data Capture Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 58. MEA: Automatic Identification and Data Capture Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 59. Saudi Arabia: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 60. Saudi Arabia: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 61. Saudi Arabia: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 62. UAE: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 63. UAE: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 64. UAE: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 65. South Africa: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 66. South Africa: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 67. South Africa: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 68. Rest of MEA: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 69. Rest of MEA: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of MEA: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 71. SAM: Automatic Identification and Data Capture Market, by Offering – Revenue and Forecast to 2027 (US$ Million)
Table 72. SAM: Automatic Identification and Data Capture Market, by Product – Revenue and Forecast to 2027 (US$ Million)
Table 73. SAM: Automatic Identification and Data Capture Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 74. Brazil: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 75. Brazil: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 76. Brazil: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 77. Argentina: Automatic Identification and Data Capture Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 78. Argentina: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 79. Argentina: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 80. Rest of SAM: Automatic Identification and Data Capture Market, by Offering–Revenue and Forecast to 2027 (US$ Million)
Table 81. Rest of SAM: Automatic Identification and Data Capture Market, by Product –Revenue and Forecast to 2027 (US$ Million)
Table 82. Rest of SAM: Automatic Identification and Data Capture Market, by Industry Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Automatic Identification and Data Capture Market Segmentation
Figure 2. Automatic Identification and Data Capture Market Segmentation – By Geography
Figure 3. Global Automatic Identification And Data Capture Market Overview
Figure 4. Automatic Identification And Data Capture Market, by Geography
Figure 5. Automatic Identification And Data Capture Market, By Offering
Figure 6. Automatic Identification And Data Capture Market, By Industry Vertical
Figure 7. North America PEST Analysis
Figure 8. Europe PEST Analysis
Figure 9. Asia pacific PEST Analysis
Figure 10. Middle East & Africa PEST Analysis
Figure 11. South America PEST Analysis
Figure 12. Automatic Identification and Data Capture Market – Ecosystem Analysis
Figure 13. Europe E-commerce market revenue and forecast to 2019 (US$ Bn)
Figure 14. Automatic Identification and Data Capture Market: Impact Analysis of Drivers And Restraints
Figure 15. Geographic Overview of Automatic Identification and Data Capture Market
Figure 16. Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Automatic Identification and Data Capture Market Revenue Share, by Offering (2019 and 2027)
Figure 18. Hardware: Automatic Identification and Data Capture Market – Revenue and Forecast to (US$ Million)
Figure 19. Software: Automatic Identification and Data Capture Market – Revenue and Forecast to (US$ Million)
Figure 20. Service: Automatic Identification and Data Capture Market – Revenue and Forecast to (US$ Million)
Figure 21. Automatic Identification and Data Capture Market Breakdown, by Product (2019 and 2027)
Figure 22. Barcode Products: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Magnetic Strip Cards: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Smart Cards: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. OCR Systems: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. RFID Products: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Biometric Systems: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Automatic Identification and Data Capture Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 29. BFSI: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Retail & E-commerce: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Manufacturing: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Healthcare: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Government: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Transportation & Logistics: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Others: Automatic Identification and Data Capture Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. Automatic Identification and Data Capture Market Revenue Share, By Region (2019 and 2027)
Figure 37. North America: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 38. North America: Automatic Identification and Data Capture Market Revenue Share, by Offering (2019 and 2027)
Figure 39. North America: Automatic Identification and Data Capture Market Revenue Share, by Product (2019 and 2027)
Figure 40. North America: Automatic Identification and Data Capture Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 41. North America: Automatic Identification and Data Capture Market Revenue Share, by Country (2019 and 2027)
Figure 42. US: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 43. Canada: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 44. Mexico: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 45. Europe: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 46. Europe: Automatic Identification and Data Capture Market Revenue Share, By Offering (2019 and 2027)
Figure 47. Europe: Automatic Identification and Data Capture Market Revenue Share, by Product (2019 and 2027)
Figure 48. Europe: Automatic Identification and Data Capture Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 49. Europe: Automatic Identification and Data Capture Market Revenue Share, by Country (2019 and 2027)
Figure 50. France: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 51. Germany: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 52. Italy: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 53. UK: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 54. Russia: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 55. Rest of Europe: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 56. APAC: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 57. APAC: Automatic Identification and Data Capture Market Revenue Share, By Offering (2019 and 2027)
Figure 58. APAC: Automatic Identification and Data Capture Market Revenue Share, by Product (2019 and 2027)
Figure 59. APAC: Automatic Identification and Data Capture Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 60. APAC: Automatic Identification and Data Capture Market Revenue Share, by Country (2019 and 2027)
Figure 61. Australia: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 62. China: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 63. India: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 64. Japan: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 65. South Korea: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 66. Rest of APAC: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 67. MEA: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 68. MEA: Automatic Identification and Data Capture Market Revenue Share, By Component (2019 and 2027)
Figure 69. MEA: Automatic Identification and Data Capture Market Revenue Share, by Product (2019 and 2027)
Figure 70. MEA: Automatic Identification and Data Capture Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 71. MEA: Automatic Identification and Data Capture Market Revenue Share, by Country (2019 and 2027)
Figure 72. Saudi Arabia: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 73. UAE: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 74. South Africa: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 75. Rest of MEA: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 76. SAM: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 77. SAM: Automatic Identification and Data Capture Market Revenue Share, By Offering (2019 and 2027)
Figure 78. SAM: Automatic Identification and Data Capture Market Revenue Share, by Product (2019 and 2027)
Figure 79. SAM: Automatic Identification and Data Capture Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 80. SAM: Automatic Identification and Data Capture Market Revenue Share, by Country (2019 and 2027)
Figure 81. Brazil: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 82. Argentina: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 83. Rest of SAM: Automatic Identification and Data Capture Market – Revenue and Forecast To 2027 (US$ Million)
Figure 84. Impact of COVID-19 Pandemic in North American Country Markets
Figure 85. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 86. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 87. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 88. Impact of COVID-19 Pandemic In South America Country Markets
The List of Companies - Automatic Identification and Data Capture Market
- Cipherlab Co., Ltd.
- Bluebird Inc.
- Cognex Corporation
- DatalogicS.p.A
- Denso Wave Inc.
- Honeywell International Inc
- SATO Holdings Corporation
- SICK AG
- Toshiba Corporation
- Zebra Technologies Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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