Automatic Identification And Data Capture Market Size, Share, Growth Analysis, By Product(Smart cards (Contact-Based Smart Cards, Contactless Smart Cards), RFID Systems (RFID Scanners, RFID Tags), By Offering(Hardware, Software, Services), By Vertical(Manufacturing (Smartphone Manufacturers, Automobile Manufacturers, Food & Beverage Companies), Retail (Warehousing and Distribution Centers), By Region - Industry Forecast 2025-2032

Automatic Identification And Data Capture Market size was valued at USD 60.8 Billion in 2023 and is poised to grow from USD 69.86 Billion in 2024 to USD 212.22 Billion by 2032, growing at a CAGR of 14.9% during the forecast period (2025-2032).

Globally, enterprises are undertaking significant investments in technological innovations that can ensure improved response times to address customer requirements effectively and enhance product and service quality. Biometrics solutions growing importance and use present a significant growth avenue for this market. Automatic identification and data capture (AIDC) is a technique that scans, identifies, captures, analyses, records, and stores data from an individual, video, picture, or audio without the need for manual entry. Transport and logistics, chemical, pharmaceutical, food and beverage, automotive, consumer products, retail and warehousing, and distribution are among the industrial applications supported by AIDC.

The rapidly increasing e-commerce sector globally, increasing use of smartphones for QR code scanning and image recognition; rising adoption of AIDC solutions due to their ability to minimize queuing and transaction time and provide greater convenience to users in making small-value payments; and rising adoption of AIDC solutions by banking and financial institutions to ensure customer safety and security, as well as data privacy, are major factors driving the global automatic identification and data capture market growth.

Other factors expected to contribute to revenue growth in the automatic identification and data capture market include increased use of barcodes in supermarkets and hypermarkets, advancements in radiofrequency identification technology, advancements in advanced biometric technology, and rapid developments in voice recognition. Automatic identification and data capture enable businesses to function more efficiently and obtain a competitive advantage over competitors by delivering correct data and methodically producing backups of the data to assist prevent the loss of critical data. This has resulted in the increasing acceptance of AIDC technology across a variety of end-use sectors, including retail, government, manufacturing, medicine, healthcare, and distribution, among others, and is expected to drive market growth throughout the forecast period.

US Automatic Identification And Data Capture Market is poised to grow at a sustainable CAGR for the next forecast year.