AIDC Markets Poised for More Consistent Growth After Uneven Performance in 2002

2/11/2003 - After two years of uneven performance and market contraction, the AIDC market is poised for more consistent results. VDC estimates the 2002 market for AIDC hardware - including hand held scanners, stationary scanners, PDCTs and bar code printers - at just over $4.4 billion. Overall the market is forecast to grow at just over 8% compounded annually through 2006.

According to David Krebs, AIDC Group Manager, "While we remain cautious about the immediate future, we are confident about the long term growth prospects for AIDC solutions based on research conducted among leading and emerging end users." Included among the key factors impacting the market are:

About VDC
Founded in 1971, VDC is a technology market research and consulting firm that specializes in industrial and commercial electronics, computing, communications, software and power systems markets.

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