https://nivitips.wordpress.com/2022/09/20/automatic-data-capture-adc-market-key-findingsprofiles-and-future-prospects/

https://nivitips.wordpress.com/2022/09/20/automatic-data-capture-adc-market-key-findingsprofiles-and-future-prospects/

Latest market study on “Global Automatic Data Capture (ADC) Market to 2025 by Technology (OCR, BCR, RFID and Others), and Components (Hardware, Software and Services); End-users (Manufacturing, Retail, Transportation & Logistics, Education & IT, Healthcare, and Others) -Global Analysis and Forecast”, The Global Automatic Data Capture (ADC) market accounted for US$ 13.84 Bn in 2017 and is expected to grow at a CAGR of 6.0% over the forecast period 2018-2025, to account for US$ 22.02 Bn in 2025. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

The report segments the Automatic Data Capture (ADC) market as follows:

Global Automatic Data Capture (ADC) Market- By Component

Hardware

Software

Services

Global ADC Market- By Technology

Optical Character Recognition (OCR)

Bar Codes Recognition (BCR)

Radio Frequency Identification (RFID)

Others

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 ineffective 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 Data Capture (ADC) market.

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