London, UK – 1st September 2009: Regulatory initiatives by the governments in the major markets of Europe and the US, and the rising need for mobility solutions in key industries are some of the key developments that have influenced the data capture hardware market.
According to TechNavioTM, The impact of the global economic recession has pressured organizations to invest in automation technologies. With the implementation of automation technologies organizations aim to improve inventory turns, enhance customer interaction, reduce costs, and provide a competitive edge. Organizations are therefore beginning to look at smart data capture technologies as essential means to achieve the aforesaid objectives.
Furthermore, one of the TechNavioTM analysts declares, The need for compliance with regulatory frameworks and efforts by vendors to offer hardware solutions that meet the data capture needs are also becoming the key factors that are driving the growth of the market for these technologies.
TechNavioTM analysts also state, Retail stores, manufacturing organizations, transportation & logistics companies, warehouses, healthcare services organizations and government organizations have been the key contributors to the growth of the data capture hardware market. However, other industries, organizations in the hospitality sector and legal services are beginning to leverage these technologies to track assets, improve security, and reduce costs.
The report by TechNavioTM Insights forecasts the size of the Global Data Capture Hardware Market over the period 2008-2012. It segments the market into various geographic regions and by composite technologies. Further, it discusses the key market trends, drivers, and barriers of the Global Data Capture Hardware Market, and profiles some of the key vendors of this market.
For more information about the report and to buy online, please visit “
https://www.technavio.com/content/global-data-capture-hardware-market-200…
About Infiniti Research
Infiniti Research is a London based business research and consulting firm, with years of experience in deep dive custom research and consulting for over 30 Fortune 500 companies and several leading technology companies.
TechNavioTM Insights is a set of reports based on TechNavioTM “ Infiniti™s market intelligence platform. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the ‘Technology Navigators’.
The data capture hardware market has undergone a significant change over the past five years, and there exists several technology-specific trends that continue to influence this market
