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Barcode Scanners & Barcode Mobile Computers Market Report Overview
global barcode scanners & barcode mobile computers market size was USD 2326.8 million in 2022 and market is projected to touch 3827.63 Million By 2031, exhibiting a CAGR of 5.7% during the forecast period.
Barcode scanners are devices that can read and interpret printed barcodes. The primary function of these devices is to allow easy identification and verification of products in retail stores, warehouses, or online by allowing users to scan barcodes.
Barcode mobile computers are handheld devices that combine the functionality of a barcode scanner with a mobile computer. They can be used to scan barcodes, run applications, and connect to networks. Barcode mobile computers are an essential tool for businesses that need to track inventory, process orders, and deliver products.
COVID-19 Impact: Pandemic Increased the Market Demand
The COVID-19 pandemic has had a significant impact on the barcode scanners & barcode mobile computers market share. In the healthcare industry, barcode scanners are being used to track the movement of patients and medical supplies. This is important for infection control, as it helps to ensure that patients are not exposed to contaminated surfaces or equipment. Barcode scanners are also being used to track the administration of medications, which helps to ensure that patients are receiving the correct doses at the correct times. In the retail industry, barcode scanners are being used to scan products and track inventory. This is important for ensuring that customers are able to find the products they need and that businesses have enough inventory on hand to meet demand. Barcode scanners & barcode mobile computers are also being used to track the movement of products through the supply chain, which helps to ensure that products are delivered on time and in good condition. The COVID-19 pandemic has also led to an increase in demand for mobile barcode scanners. Mobile barcode scanners allow users to scan barcodes from their smartphones or tablets. This is convenient for businesses that need to scan barcodes in a variety of locations, such as in warehouses, on the sales floor, or in the back office.
Latest Trends
"The increasing adoption of 2D barcode scanning to fuel the growth in the market"
2D barcodes are becoming increasingly popular because they can store more data than traditional 1D barcodes. This makes them ideal for a variety of applications. 2D barcodes can be used to track products throughout the supply chain. This information can be used to improve inventory management, reduce waste, and ensure that products are delivered on time. It can be used to provide customer service by providing access to product information, warranty details, and contact information. In addition to being able to store more data, 2D barcodes are also more versatile than traditional 1D barcodes. They can be scanned from any angle and in any orientation, which makes them ideal for use in a variety of environments. Overall, the increasing adoption of 2D barcode scanning is a positive trend that is helping businesses to improve efficiency, productivity, and customer service.
Barcode Scanners & Barcode Mobile Computers Market Segmentation
- By Type Analysis
According to type, the market can be segmented barcode scanners and barcode mobile computers.
- By Application Analysis
Based on age, the market can be divided into retail and wholesale, logistics and warehousing, industrial manufacturing, healthcare and others.
Driving Factors
"Increased demand for automation in various industries to foster the market growth"
Barcode scanners & barcode mobile computers are used in a variety of industries to automate tasks. Barcode scanners can be used to scan product barcodes and update inventory levels in real time. This helps businesses to ensure that they have the right amount of inventory on hand to meet demand. Barcode scanners can be used to track the movement of products throughout the supply chain. This helps businesses to ensure that products are delivered on time and in good condition. Businesses are under increasing pressure to improve their efficiency and productivity in order to stay competitive. Barcode scanners and barcode mobile computers can help businesses to automate tasks and free up employees to focus on more strategic work.
"Growing trend of Bring Your Own Device (BYOD) to result in the expansion of the market"
The BYOD trend is also driving the growth of the barcode scanners & barcode mobile computers market. BYOD refers to the practice of employees using their own personal devices, such as smartphones and tablets, for work. The BYOD trend is creating a demand for barcode scanners & barcode mobile computers that can be used with smartphones and tablets. These devices need to be rugged and durable, and they need to be able to scan barcodes in a variety of environments.
Restraining Factors
"Security concerns to hamper the market growth"
There are some security concerns associated with barcode scanning, such as the risk of data breaches. Barcode scanners & barcode mobile computers can be used to scan sensitive data, such as credit card numbers and customer information. If a barcode scanner is not properly secured, this data could be compromised and could lead to a data breach.
Barcode Scanners & Barcode Mobile Computers Market Regional Insights
"Asia Pacific to lead the market owing to the rapid growth of the electric vehicle market in the region. "
The Asia Pacific region has shown the highest barcode scanners & barcode mobile computers market growth. The growing e-commerce market is also driving the growth of the market in Asia-Pacific. E-commerce businesses in the region are increasingly using barcode scanners & barcode mobile computers to track inventory, process orders, and deliver products.
Key Industry Players
"Key players are employing advanced technologies in order to stimulate further growth of the market. "
All the major players are motivated to offer superior and more advanced services in order to gain a competitive edge in the market. To increase their market presence, vendors are using a variety of techniques, including product launches, regional growth, strategic alliances, partnerships, mergers, and acquisitions.
List of Market Players Profiled
- Zebra: Lincolnshire, Illinois, United States
- Datalogic: Bologna, Italy
- Honeywell: Charlotte, North Carolina, United States
- Cognex: Natick, Massachusetts, United States
- SICK: Waldkirch, Germany
- Newland: Shenzhen, China
- NCR: Atlanta, Georgia, United States
- Denso Wave: Aichi Prefecture, Japan
- Code: Salt Lake City, Utah, United States
- Microscan: Renton, Washington, United States
- Opticon Sensors: The Netherlands (headquartered in Hoofddorp)
- MINDEO: Shenzhen, China
- Zebex: New Taipei City, Taiwan
- CipherLAB: Taipei, Taiwan
- Bluebird: Seoul, South Korea
- Argox (SATO): New Taipei City, Taiwan
- SUNLUX IOT: Shenzhen, China.
Report Coverage
This report examines an understanding of the barcode scanners & barcode mobile computers market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 2326.8 Million in 2022 |
Market Size Value By |
US$ 3827.63 Million by 2031 |
Growth Rate |
CAGR of 5.7% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is the barcode scanners & barcode mobile computers market expected to touch by 2031?
The barcode scanners & barcode mobile computers market is expected to touch USD 3827.63 Million By 2031.
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What CAGR is the barcode scanners & barcode mobile computers market expected to exhibit during 2024-2031?
The barcode scanners & barcode mobile computers market is expected to exhibit a CAGR of 5.7% over 2024-2031.
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Which are the driving factors of the barcode scanners & barcode mobile computers market?
The driving factors of the barcode scanners & barcode mobile computers market are increased demand for automation in various industries and growing trend of Bring Your Own Device (BYOD).
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Which are the top companies operating in the barcode scanners & barcode mobile computers market?
The top companies operating in the barcode scanners & barcode mobile computers market are Zebra, Datalogic, Honeywell, Cognex, SICK, Newland, NCR, Denso Wave, Code, Microscan, Opticon Sensors, MINDEO, Zebex, CipherLAB, Bluebird, Argox (SATO), SUNLUX IOT