PUBLISHER: TechNavio | PRODUCT CODE: 1477014
PUBLISHER: TechNavio | PRODUCT CODE: 1477014
The barcode scanner market is forecasted to grow by USD 3513.16 mn during 2023-2028, accelerating at a CAGR of 8.61% during the forecast period. The report on the barcode scanner market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of wearable barcode scanners in manufacturing industry, growing e-commerce industry, and increasing need for better inventory management.
Technavio's barcode scanner market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.32% |
CAGR | 8.61% |
Incremental Value | $3513.16mn |
By Type
By Product
By Geographical Landscape
This study identifies the increasing adoption of two-dimensional (2D) barcodes as one of the prime reasons driving the barcode scanner market growth during the next few years. Also, evolution of Industry 4.0 and increasing number of M and As by market vendors will lead to sizable demand in the market.
The report on the barcode scanner market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading barcode scanner market vendors that include ASSA ABLOY AB, AURES Group, Bluebird Inc., CipherLab Co. Ltd., Cognex Corp., Datalogic SpA, DENSO Corp., Generalscan Inc., Honeywell International Inc., MilDef Group AB, Newland Digital Technology Co. Ltd., OMRON Corp., Opticon, SATO Holdings Corp., SICK AG, TVS Electronics Ltd., Unitech Electronics Co. Ltd., Zebra Technologies Corp., NCR Voyix Corp, and Brady Corp.. Also, the barcode scanner market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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