PUBLISHER: TechNavio | PRODUCT CODE: 1732686
PUBLISHER: TechNavio | PRODUCT CODE: 1732686
The barcode scanner market is forecasted to grow by USD 4,919.6 mn during 2024-2029, accelerating at a CAGR of 9% 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.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 8% |
CAGR | 9% |
Incremental Value | $4,919.6 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's barcode scanner market is segmented as below:
By Type
By Product
By Connectivity
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 mergers and acquisitions by market companies 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, ADVANTECH-AURES, Bluebird Inc., Brady Corp., CipherLab Co. Ltd., Cognex Corp., Datalogic SpA, DENSO Corp., Generalscan, Honeywell International Inc., MilDef Group AB, NCR Voyix Corp., Newland Digital Technology Co. Ltd., OMRON Corp., Opticon Sensors Europe BV, SATO Holdings Corp., SICK AG, TVS Electronics Ltd, Unitech Computer Co. Ltd., and Zebra Technologies 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 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 primary and secondary research. 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 accurate market growth.
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