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Barcode Scanner Market is predicted to reach USD 15.495 billion at a CAGR of 6.90% during the forecast period 2024-2032

Market Research Future (MRFR) has published on the “Global Barcode Scanner Market”.


The barcode scanner market is estimated to register a CAGR of 6.90% during the forecast period of 2024 to 2032.


MRFR recognizes the following companies as the key players in the global barcode scanner market - Motorola Solutions, Honeywell, Newland, SaintWindsor, Zebra Technologies, Intermec, Cipherlab, Opticon, Datalogic, and Bluebird.


Barcode Scanner Market Highlights


The global barcode scanner market is accounted to register a CAGR of 6.90% during the forecast period and is estimated to reach USD 15.495 billion by 2032.


The primary driver of growth will be the growing usage of barcode technology as an automatic identification mechanism to lower human error. In addition, growth is anticipated throughout the projection period due to the growing demand from the healthcare industry. To maintain medical information and avoid data inaccuracies, healthcare facilities are utilizing the most recent barcode technology. Similarly, prospects for the barcode scanner industry are being driven by the rising need for these devices in supermarkets and hypermarkets.


Segment Analysis


The global barcode scanner market has been segmented into product type, end use, and technology.


On the basis of product type, the market is segmented into Portable/Handheld and Fixed Position. The portable/handheld segment was attributed to holding the largest market share in 2022. One of the key drivers of the portable barcode scanner market's expansion is the electronics industry's ongoing trend of shrinking, which is being accompanied by rising smartphone sales and increased use of wireless communication technologies. In the corporate sector, scanning documents, business cards, and receipts with wireless portable barcode scanners is becoming more and more essential.


Based on end use, the global barcode scanner market has been segmented into Retail & Commercial, General Manufacturing, Healthcare, Logistics & Warehouse, Commercial Aviation, Defence, and Others. The retail & commercial segment was expected to hold the largest market share in 2022. Barcode scanner usage is expanding quickly in the manufacturing and retail sectors. One of the greatest options for gathering product information these days is a barcode scanner. Barcodes are used by retailers all over the world to easily record goods and supplies. Products have barcodes applied to labels that aid in keeping track of data such as the quantity of items produced, the date of manufacture, the date the product was delivered to the merchant, the selling price, etc.


Based on technology, the global barcode scanner market has been segmented into Pen Type Reader, Laser Scanner, CCD (Charge Coupled Device) Readers, Camera Based Reader, Omni Directional Barcode Scanner, Smartphone Based Scanner, and RFID. The Camera Based Reader segment was expected to hold the largest market share in 2022 due to the manufacturing, retail, e-commerce, and consumer products industries' increasing need for and acceptance of camera-based readers. With the application of decoding algorithms, camera-based barcode scanners are able to decipher complex data from images of 1D or 2D barcodes. The increasing global number of mobile users is a major factor driving this segment's revenue development.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Barcode Scanner Market Research Report


Regional Analysis


The global barcode scanner market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe barcode scanner market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The barcode scanner market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World barcode scanner market comprises of Middle East, Africa, and Latin America.


The largest market share for barcode scanner was maintained by the North American regional sector due to the presence of significant internet merchants like Walmart and Amazon in the nation. The growth of the warehousing industry is predicted to propel the barcode scanner market in the United States. The market for barcode scanners is also expected to increase over the forecast period as a result of the growing retail industry and dense population.


Moreover, the Europe market has been persistently growing over the forecast period. The need for greater productivity and efficiency as well as rising labor costs are driving a rapid expansion in the usage of automation in the European Union. Across various industries, including retail, healthcare, and logistics, barcode scanners and other automated solutions are becoming more and more prevalent.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period because of several factors, such as the growth of the region's manufacturing base, increased use of automation, encouraging government initiatives, and technological breakthroughs. Positive growth in this industry is predicted in the next years due to the AAPC countries' growing industrialization.


Furthermore, the rest of the world's barcode scanner market is divided into the Middle East, Africa, and Latin America. Because of the region's high purchasing power and growing disposable income, the rest of the world's barcode scanner industry is predicted to expand significantly. The creation of specialized barcode scanners for use in hospitals and on theme park admission tickets is another trend.


Key Findings of the Study



  • The global barcode scanner market is expected to reach USD 15.495 billion by 2032, at a CAGR of 6.90% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market because of several factors, such as the growth of the region's manufacturing base, increased use of automation, encouraging government initiatives, and technological breakthroughs.

  • Based on product type, the portable/handheld segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.

  • Motorola Solutions, Honeywell, Newland, SaintWindsor, Zebra Technologies, Intermec, Cipherlab, Opticon, Datalogic, and Bluebird.

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Report details
Companies Covered 15
Pages 128
Certified Global Research Member
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