Key Factor Supporting Global Identification (ID) Barcode Readers In Factory Automation Market Development in 2025: Effect Of Image Recognition On ID Barcode Readers In Factory Automation

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How Large Will the Identification (ID) Barcode Readers In Factory Automation Market Size By 2025?
The market size for ID barcode readers in factory automation has witnessed robust growth in the past years. It is projected to increase from $2.56 billion in 2024 to $2.74 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.2%. This growth during the historical period can be traced back to advancements in data management, including improved integration with databases, automatic data capture, and error reductions in data entry and record-keeping. Other contributing factors include the growing compatibility of ID barcode scanning with mobile devices and the increased implementation of ID barcode reading across a variety of industries.

How Big Is the Identification (ID) Barcode Readers In Factory Automation Market Size Expected to Grow by 2029?
The market size for the identification (id) barcode readers in factory automation is predicted to witness robust expansion in the upcoming years; it is slated to reach $3.59 billion in 2029 with a CAGR of 6.9%. Several factors contributing to this projected growth include rising use of image recognition software, an escalating demand for precision and consistency in manufacturing, adoption of rapid scanners for swift operations, implementation of stringent regulatory norms and industrial standards and a greater requirement for secure, unalterable ID verification. Future trends in this sphere encompass advancements in ID barcode technology applications, assurance of regulatory compliance, heightened quality control, product novelty, and superior barcode readers.

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Which Key Market Drivers Powering Identification (ID) Barcode Readers In Factory Automation Market Expansion and Growth?
The surge in the use of image recognition applications is anticipated to spur growth of ID barcode readers within the factory automation industry. Image recognition pertains to the detection and identification of objects or features within digital pictures and photos. The need for ID barcode readers in factory automation is growing, with the goal of boosting efficiency, improving traceability, and minimizing errors in production and inventory management processes. Through image recognition, ID barcode readers can swiftly and precisely identify information encoded in barcode images, thus supporting automatic data retrieval and management. For instance, a report from UK-based economics firm, Capital Economics, in January 2022 revealed that about 2% of businesses are trialing AI, and 10% intend to incorporate AI technologies, representing approximately 62,000 and 292,000 businesses respectively. Among AI technologies, data management and examination is the most popular application, utilized by 9% of UK companies, followed by natural language processing (8%), machine learning (7%), AI hardwares (5%), and computer vision or image recognition (5%). As a result, the expanding use of image recognition applications is promoting the growth of ID barcode readers in the factory automation market.

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Which Fast-Growing Trends Are Poised to Disrupt the Identification (ID) Barcode Readers In Factory Automation Market?
Leading enterprises in the factory automation identification (ID) barcode reader market are concentrating on innovating ID barcode technology applications, like compact industrial 1D code readers, to deliver dependable and superior barcode scanning performance. Compact industrial 1D code readers are barcode scanners shaped for manufacturing and logistics settings. For example, in January 2024, the Italy-based industrial automation firm, Datalogic S.p.A., introduced the Blade Series, a range of compact industrial 1D code readers designed to offer top-notch traceability for the packaging and intralogistics sectors. The series boasts a solid-state 1920x128 pixel camera sensor, pioneering lighting, and precise 1-dimensional decoding. The unit can consistently detect labels, regardless of discoloration, damage, and wear or poor quality.

What Are the Emerging Segments in the Identification (ID) Barcode Readers In Factory Automation Market?
The identification (id) barcode readers in factory automationmarket covered in this report is segmented -

1) By Technology: Quick Response (QR) Or Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition
2) By Offering: Hardware, Software, Services
3) By Deployment: Cloud, On-Premise
4) By Application: Augmented Reality, Scanning And Imaging, Security And Surveillance, Marketing And Advertising, Image Search
5) By End Use: Automobile And Transportation, Banking, Financial Services, And Insurance (BFSI), Government, Healthcare, Information Technology (IT) And Telecom, Media And Entertainment, Retail And E-Commerce, Other End Uses

Subsegments:
1) By Quick Response (QR) Or Barcode Recognition: 1D Barcode Scanners, 2D Barcode Scanners, QR Code Readers
2) By Object Recognition: Object Detection Scanners, Machine Vision Systems for Object Recognition, 3D Object Recognition Technologies
3) By Facial Recognition: Face Scanning Systems For Factory Access, AI-Based Facial Recognition Technology, Multi-Factor Authentication With Facial Recognition
4) By Pattern Recognition: Pattern Matching Algorithms, Optical Pattern Recognition Systems, Barcode And QR Code Pattern Recognition
5) By Optical Character Recognition (OCR): OCR For Barcode Reading, Text Recognition Systems For Factory Automation, Handwritten Text Recognition

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Who Are the Global Leaders in the Identification (ID) Barcode Readers In Factory Automation Market?
Major companies operating in the identification (ID) barcode readers in factory automation market are Hitachi Ltd., Siemens AG, Qualcomm Technologies Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Ricoh Company Ltd., Emerson Electric Co., Rockwell Automation Inc., Keyence Corporation, Omron Electronics LLC, Zebra Technologies, Cognex Corporation, Data Logic S.p.A, Jadak LLC, ECOM Instruments GmbH, Clarifai Inc., Wikitude GmbH, Custom Sensors Inc

Which are the Top Profitable Regional Markets for the Identification (ID) Barcode Readers In Factory Automation Industry?
North America was the largest region in the identification (ID) barcode readers in the factory automation market in 2024. The regions covered in the identification (ID) barcode readers in factory automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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