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Automatic data capturing is the process of capturing the data automatically through the use of equipment such as bar code, biometrics, magnetic stripe readers, optical recognition, RFID, and others. This equipment helps in getting information about the objects directly without any human intervention. The captured data file is analysed by the computer and is compared with other data files to provide secure data access. The benefits concerning automatic data capture include increased accuracy, enhanced security, better customer service and time-saving.
Asia-Pacific Automatic Data Capture Market Size & Growth:
The Asia-Pacific Automatic Data Capture Market size is projected to reach approximately $ XX Billion by the end of 2024 with a CAGR close to X% from $XX Billion in 2018 during the forecast timeline 2018-2024. The Key factors that drive the growth of the market include increased usage of RFID tools in the healthcare sector, need for an error-free and cost-effective solution for data entry, booming e-commerce industry, and others. Raising government initiatives and emerging economies are expected to offer significant opportunities for the
Asia-pacific Automatic Data Capture Market Share:
Various parameters divided the Asia-Pacific Automatic Data Capture market. By the Technology, they are divided into OCR, OMR, DLR, BCR, RFID, and others. Among them, RFID has the largest market because it enables tag reading from long distances, even in harsh environments. By the Component, they are divided into hardware, software, and services. Among them hardware has the largest market owing to the high quality of imaging and accurately predicts each component that is needed. By end-user, they are divided into retail, transport, logistics, healthcare, food & beverages, automotive, education & IT and others. Among them, the retail sector has the largest market because this sector allows scanning more than one barcode at a time to improve operations across the enterprise. By Geography, China has the largest market due to the presence of advanced healthcare infrastructures and increased usage of RFID solutions in that region.
Asia-Pacific Automatic Data Capture Market Trends:
Asia-Pacific Automatic Data Capture Market Research Reports:
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