Barcode Scanner Market Size and CAGR by 2031
The Barcode Scanner Market is expected to register a CAGR of 7.4% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Product [Handheld Barcode Scanner (PDA Scanners, Automatic Readers, Others) and Fixed Barcode Scanner (Stationary Scanners, Presentation Scanners, Automatic Readers, Others)]; Scanner Type (Rugged Barcode Scanner, Non-Rugged Barcode Scanner); Connectivity (Wired, Wireless); Technology (Pen Type Reader, Laser Scanner, CCD (Charge Coupled Device) Readers, Camera Based Reader, Omni Directional Barcode Scanner, Smartphone Based Scanner, RFID Readers, Others); Industry (Retail & Commercial, General Manufacturing, Healthcare, Logistics & Warehouse, Commercial Aviation, Defence, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Barcode Scanner Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Barcode Scanner Market Segmentation
Product- Handheld Barcode Scanner
- Fixed Barcode Scanner
- Rugged Barcode Scanner
- Non-Rugged Barcode Scanner
- Wired
- Wireless
- Pen Type Reader
- Laser Scanner
- CCD Readers
- Camera Based Reader
- Omni Directional Barcode Scanner
- Smartphone Based Scanner
- RFID Readers
- Others
- Pen Type Reader
- Laser Scanner
- CCD Readers
- Camera Based Reader
- Omni Directional Barcode Scanner
- Smartphone Based Scanner
- RFID Readers
- Others
Strategic Insights
Barcode Scanner Market Growth Drivers- Growing Adoption of E-commerce and Retail Automation: The increasing shift toward e-commerce and retail automation is driving the demand for barcode scanners. As online retail continues to expand, businesses require efficient and accurate ways to manage inventory, streamline order fulfillment, and improve customer service. Barcode scanners enable quick product identification, inventory tracking, and seamless checkout experiences, fueling their widespread adoption in warehouses, distribution centers, and retail environments.
- Advancements in Inventory and Supply Chain Management: The need for better inventory control and optimized supply chain management is another key driver for the barcode scanner market. Barcode scanners provide real-time data on stock levels, reducing human errors, speeding up the inventory process, and improving overall operational efficiency. As supply chain complexities increase, the demand for reliable barcode scanning solutions continues to rise.
- Integration with Cloud-Based Solutions: There is a growing trend toward integrating barcode scanners with cloud-based inventory management systems. This integration enables businesses to track products in real-time, manage stock more efficiently, and access data remotely. Cloud-based barcode scanners provide greater flexibility, scalability, and collaboration, which is becoming increasingly attractive to businesses of all sizes.
- Wireless and Mobile Barcode Scanners: The trend toward wireless and mobile barcode scanners is on the rise. These devices offer greater flexibility and portability, allowing employees to scan products anywhere within a warehouse or retail environment. With advancements in Bluetooth and Wi-Fi technologies, mobile barcode scanners can easily integrate with existing systems, providing real-time data collection and enhancing operational efficiency.
- Expansion in Healthcare Industry: The healthcare sector presents significant opportunities for barcode scanner adoption. Barcode scanning systems are used for tracking medical supplies, patient identification, and prescription management. As healthcare providers focus on improving accuracy and reducing errors, the demand for barcode scanning technology in hospitals, pharmacies, and clinics is expected to increase, offering a lucrative market for suppliers.
- Growth in Logistics and Warehouse Automation: The logistics and warehousing industries are experiencing rapid growth, driven by the need for faster and more accurate order processing. Barcode scanners are essential for tracking shipments, optimizing warehouse operations, and ensuring product traceability. As e-commerce and global trade expand, there are significant opportunities for barcode scanner manufacturers to cater to these industries with advanced, high-performance solutions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Barcode Scanner Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Barcode Scanner Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Barcode Scanner Market is estimated to witness a CAGR of 7.4% from 2023 to 2031
Enhanced data security and privacy and growth of e-commerce and online retail are the major factors driving the barcode scanner market.
Demand for mobile barcode scanning are likely to remain a key trend in the market.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Barcode Scanner Market - By Type
1.3.2 Barcode Scanner Market - By Industry
1.3.3 Barcode Scanner Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BARCODE SCANNER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. BARCODE SCANNER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BARCODE SCANNER MARKET - GLOBAL MARKET ANALYSIS
6.1. BARCODE SCANNER - GLOBAL MARKET OVERVIEW
6.2. BARCODE SCANNER - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. BARCODE SCANNER MARKET - REVENUE AND FORECASTS TO 2027 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LASER BARCODE SCANNER
7.3.1. Overview
7.3.2. Laser Barcode Scanner Market Forecast and Analysis
7.4. HANDHELD BARCODE SCANNER
7.4.1. Overview
7.4.2. Handheld Barcode Scanner Market Forecast and Analysis
7.5. STATIONARY BARCODE SCANNER
7.5.1. Overview
7.5.2. Stationary Barcode Scanner Market Forecast and Analysis
7.6. MOBILE COMPUTER SCANNER
7.6.1. Overview
7.6.2. Mobile Computer Scanner Market Forecast and Analysis
8. BARCODE SCANNER MARKET - REVENUE AND FORECASTS TO 2027 - INDUSTRY
8.1. OVERVIEW
8.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGES
8.3.1. Overview
8.3.2. Food and Beverages Market Forecast and Analysis
8.4. HEALTHCARE
8.4.1. Overview
8.4.2. Healthcare Market Forecast and Analysis
8.5. MANUFACTURING
8.5.1. Overview
8.5.2. Manufacturing Market Forecast and Analysis
8.6. RETAIL
8.6.1. Overview
8.6.2. Retail Market Forecast and Analysis
8.7. TRANSPORT AND LOGISTICS
8.7.1. Overview
8.7.2. Transport and Logistics Market Forecast and Analysis
8.8. WAREHOUSING
8.8.1. Overview
8.8.2. Warehousing Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. BARCODE SCANNER MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Barcode Scanner Market Overview
9.1.2 North America Barcode Scanner Market Forecasts and Analysis
9.1.3 North America Barcode Scanner Market Forecasts and Analysis - By Type
9.1.4 North America Barcode Scanner Market Forecasts and Analysis - By Industry
9.1.5 North America Barcode Scanner Market Forecasts and Analysis - By Countries
9.1.5.1 United States Barcode Scanner Market
9.1.5.1.1 United States Barcode Scanner Market by Type
9.1.5.1.2 United States Barcode Scanner Market by Industry
9.1.5.2 Canada Barcode Scanner Market
9.1.5.2.1 Canada Barcode Scanner Market by Type
9.1.5.2.2 Canada Barcode Scanner Market by Industry
9.1.5.3 Mexico Barcode Scanner Market
9.1.5.3.1 Mexico Barcode Scanner Market by Type
9.1.5.3.2 Mexico Barcode Scanner Market by Industry
9.2. EUROPE
9.2.1 Europe Barcode Scanner Market Overview
9.2.2 Europe Barcode Scanner Market Forecasts and Analysis
9.2.3 Europe Barcode Scanner Market Forecasts and Analysis - By Type
9.2.4 Europe Barcode Scanner Market Forecasts and Analysis - By Industry
9.2.5 Europe Barcode Scanner Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Barcode Scanner Market
9.2.5.1.1 Germany Barcode Scanner Market by Type
9.2.5.1.2 Germany Barcode Scanner Market by Industry
9.2.5.2 France Barcode Scanner Market
9.2.5.2.1 France Barcode Scanner Market by Type
9.2.5.2.2 France Barcode Scanner Market by Industry
9.2.5.3 Italy Barcode Scanner Market
9.2.5.3.1 Italy Barcode Scanner Market by Type
9.2.5.3.2 Italy Barcode Scanner Market by Industry
9.2.5.4 United Kingdom Barcode Scanner Market
9.2.5.4.1 United Kingdom Barcode Scanner Market by Type
9.2.5.4.2 United Kingdom Barcode Scanner Market by Industry
9.2.5.5 Russia Barcode Scanner Market
9.2.5.5.1 Russia Barcode Scanner Market by Type
9.2.5.5.2 Russia Barcode Scanner Market by Industry
9.2.5.6 Rest of Europe Barcode Scanner Market
9.2.5.6.1 Rest of Europe Barcode Scanner Market by Type
9.2.5.6.2 Rest of Europe Barcode Scanner Market by Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Barcode Scanner Market Overview
9.3.2 Asia-Pacific Barcode Scanner Market Forecasts and Analysis
9.3.3 Asia-Pacific Barcode Scanner Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Barcode Scanner Market Forecasts and Analysis - By Industry
9.3.5 Asia-Pacific Barcode Scanner Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Barcode Scanner Market
9.3.5.1.1 Australia Barcode Scanner Market by Type
9.3.5.1.2 Australia Barcode Scanner Market by Industry
9.3.5.2 China Barcode Scanner Market
9.3.5.2.1 China Barcode Scanner Market by Type
9.3.5.2.2 China Barcode Scanner Market by Industry
9.3.5.3 India Barcode Scanner Market
9.3.5.3.1 India Barcode Scanner Market by Type
9.3.5.3.2 India Barcode Scanner Market by Industry
9.3.5.4 Japan Barcode Scanner Market
9.3.5.4.1 Japan Barcode Scanner Market by Type
9.3.5.4.2 Japan Barcode Scanner Market by Industry
9.3.5.5 South Korea Barcode Scanner Market
9.3.5.5.1 South Korea Barcode Scanner Market by Type
9.3.5.5.2 South Korea Barcode Scanner Market by Industry
9.3.5.6 Rest of Asia-Pacific Barcode Scanner Market
9.3.5.6.1 Rest of Asia-Pacific Barcode Scanner Market by Type
9.3.5.6.2 Rest of Asia-Pacific Barcode Scanner Market by Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Barcode Scanner Market Overview
9.4.2 Middle East and Africa Barcode Scanner Market Forecasts and Analysis
9.4.3 Middle East and Africa Barcode Scanner Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Barcode Scanner Market Forecasts and Analysis - By Industry
9.4.5 Middle East and Africa Barcode Scanner Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Barcode Scanner Market
9.4.5.1.1 South Africa Barcode Scanner Market by Type
9.4.5.1.2 South Africa Barcode Scanner Market by Industry
9.4.5.2 Saudi Arabia Barcode Scanner Market
9.4.5.2.1 Saudi Arabia Barcode Scanner Market by Type
9.4.5.2.2 Saudi Arabia Barcode Scanner Market by Industry
9.4.5.3 U.A.E Barcode Scanner Market
9.4.5.3.1 U.A.E Barcode Scanner Market by Type
9.4.5.3.2 U.A.E Barcode Scanner Market by Industry
9.4.5.4 Rest of Middle East and Africa Barcode Scanner Market
9.4.5.4.1 Rest of Middle East and Africa Barcode Scanner Market by Type
9.4.5.4.2 Rest of Middle East and Africa Barcode Scanner Market by Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Barcode Scanner Market Overview
9.5.2 South and Central America Barcode Scanner Market Forecasts and Analysis
9.5.3 South and Central America Barcode Scanner Market Forecasts and Analysis - By Type
9.5.4 South and Central America Barcode Scanner Market Forecasts and Analysis - By Industry
9.5.5 South and Central America Barcode Scanner Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Barcode Scanner Market
9.5.5.1.1 Brazil Barcode Scanner Market by Type
9.5.5.1.2 Brazil Barcode Scanner Market by Industry
9.5.5.2 Argentina Barcode Scanner Market
9.5.5.2.1 Argentina Barcode Scanner Market by Type
9.5.5.2.2 Argentina Barcode Scanner Market by Industry
9.5.5.3 Rest of South and Central America Barcode Scanner Market
9.5.5.3.1 Rest of South and Central America Barcode Scanner Market by Type
9.5.5.3.2 Rest of South and Central America Barcode Scanner Market by Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BARCODE SCANNER MARKET, KEY COMPANY PROFILES
11.1. ADVANTECH CO., LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. COGNEX CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DATALOGIC S.P.A.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DENSO WAVE INCORPORATED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GUANGZHOU NETUM ELECTRONIC TECHNOLOGY CO., LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HONEYWELL INTERNATIONAL INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KEYENCE CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SCANDIT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WASP BARCODE TECHNOLOGIES
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZEBRA TECHNOLOGIES CORP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Advantech Co., Ltd.
2. Cognex Corporation
3. Datalogic S.p.A.
4. DENSO WAVE INCORPORATED
5. Guangzhou NETUM Electronic Technology Co., Ltd.
6. Honeywell International Inc.
7. Keyence Corporation
8. Scandit
9. Wasp Barcode Technologies
10. Zebra Technologies Corp
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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