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Portable Barcode Scanners Market

Portable Barcode Scanners Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026

Barcode is an optical representation of data which can be read by machines. Barcodes usually describes the objects or assets on which they are applied. Unlike RFID tags, barcode tags should be visible so that they can be read by scanners. Portable or handheld barcode scanners are used to read barcodes. They eliminate human errors. Portable barcode scanners provide organizations with accurate information pertaining to their inventory. Enterprises from various industries, such as retail and manufacturing, use portable barcode scanners to reduce human errors and save time. Portable barcode scanners also simplify supply chain tracking; they automate processes and enable workers to just scan and capture information in records. Various sectors including meat processing and fruits and vegetables from the food & beverage industry are adopting portable barcode scanners for efficient tracking of food trays.

Strong growth of the retail industry, rise in demand from the healthcare industry, and evolution of Industry 4.0 are expected to drive the portable barcode scanners market during the forecast period. The retail industry is highly competitive in North America and Eastern Europe. Growth of the retail industry in the Middle East and Asia Pacific is expected to be fueled by increasing penetration of e-commerce in these regions. High adoption of smartphones and wireless communication technologies including 3G and 4G are the key factors driving the growth of e-commerce in these regions. Barcode scanners play an integral role in retail business. They enable retail enterprises and consumers identify, engage, transact, locate, and authenticate assets and objects. Further, barcode scanners enable healthcare service providers to focus on patient care by providing real-time insights about medical supplies, staff, and assets. A major trend observed in the market is the significant growth in demand for industrial portable barcode scanners.

The global portable barcode scanners market can be segmented based on component, application, type, enterprise size, and region. By component, the portable barcode scanners market can be categorized into hardware, software, and services. Market players such as Scandit provide software-based barcode scanning solutions on smartphones. Based on application, the global portable barcode scanners market can be divided into retail, hospitality, healthcare, logistic & transportation, automotive, manufacturing, government, and others. The others segment includes construction and energy & utilities industries. The retail industry segment can be bifurcated into wholesale, food retail, and nonfood retail. The healthcare industry segment is expected to register strong growth during the forecast period. The healthcare industry is witnessing high adoption of portable barcode scanners for various applications in hospitals and life sciences and pharmaceutical companies. In terms of type, the global portable barcode scanners market can be divided into automatic readers, PDA (Personal Digital Assistant) scanners, rugged scanners, and others. Based on enterprise size, the market can be segregated into small and medium enterprises (SMEs) and large enterprises. The large enterprises segment is expected to account for a significant share of the portable barcode scanners market during the forecast period. Based on region, the global portable barcode scanners market can be categorized into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to hold a significant share of the portable barcode scanners market from 2018 to 2026. Exponential growth of the retail industry in China and India is expected to drive the portable barcode scanners market in Asia Pacific in the next few years.

Prominent players operating in the global portable barcode scanners market include Honeywell International Inc., Zebra Technologies Corporation, Bluebird Inc., Cognex Corporation, Datalogic S.p.A., DENSO Wave Incorporated, NCR Corporation, Newland Europe B.V., Opticon Sensors Europe B.V., Scandit AG, Sick AG, JC Square Inc., Sato Holdings Corporation, and Wasp Barcode Technologies.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


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