|By PR Newswire||
|April 11, 2014 11:59 AM EDT||
DUBLIN, April 11, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/jf94xq/global_automatic) has announced the addition of the "Global Automatic Data Capture Market Report" report to their offering.
The analysts forecast the Global Automatic Data Capture market to grow at a CAGR of 12.29 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need for accuracy in data computation. The Global Automatic Data Capture market has also been witnessing the introduction of multipurpose mobile computers. However, the high initial investment needed to implement 2D barcode scanners and radio frequency identification devices could pose a challenge to the growth of this market.
The report, the Global Automatic Data Capture Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas and the EMEA and APAC regions; it also covers the Global Automatic Data Capture market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
2D barcode scanners are used to scan 2D barcodes, such as QR, Data Matrix, and PDF417 as they cannot be read/scanned by traditional linear scanners. They require an imager scanner to be read/scanned. 2D scanners can also be used as a camera. They lack moving parts which make them more reliable and less prone to failure. 2D scanners are also capable of scanning both 1D and 2D barcodes from any angle. Thus, the increasing use of 2D barcodes on the products/tags and the advanced features present in 2D barcode scanners have increased the demand for 2D barcode scanners in the global market.
According to the report, the Global Automatic Data Capture market is driven by many growth factors, one of which is the adoption of 2D barcodes. 2D barcodes are superior and can accommodate more information than its 1D counterpart. The increasing adoption of 2D barcodes has propelled the demand for 2D barcode readers which, in turn, is helping with the market growth.
Further, the report states that the high initial investment needed to implement 2D barcode scanners and RFID devices is a major challenge faced by the global market. 2D barcodes scanners are expensive when compared with its 1D counterpart. SMEs are also finding it difficult to install RFID in business operations because of its high cost.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Global Automatic Data Capture Market by Barcode Scanning
8. Global Automatic Data Capture Market by RFID
9. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
17.1 Competitive Scenario
17.2 Market Share Analysis 2012
17.3 Other Prominent Vendors
18. Key Vendor Analysis
19. Other Reports in this Series
- Casio Computer Co. Ltd.
- Datalogic S.p.A.
- Denso Corp.
- Honeywell International Inc.
- Intermec Inc.
- Motorola Solutions Inc.
- NCR Corp.
- ODIN Technologies Inc.
- ScanSource Inc.
- Tech Data Corp.
- Vectron Systems AG
- VeriFone Systems Inc.
For more information visit http://www.researchandmarkets.com/research/jf94xq/global_automatic
Media Contact: Laura Wood , +353-1-481-1716, email@example.com
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