DUBLIN, June 5, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Barcode Scanner Market 2017-2021" report to their offering.
The global barcode scanner market to grow at a CAGR of 4.32% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global barcode scanner market for 2017-2021. To calculate the market size, the report considers the sale of the barcode to a host of end-user sectors, including the industrial sector (manufacturing). The report also includes a discussion of the Key vendors operating in this market.
One trend in market is growing demand for rugged devices. The increasing organized business environment across the globe is expected to derive the transition toward rugged devices. The major factor for the transition is high failure rates and challenges faced by the professionals of the non-rugged devices during the working hours. Organizations have zero tolerance for errors and delay in data handling and reporting; hence, we believe that the market will grow for rugged scanners in the professional and organizational sectors.
According to the report, one driver in market is increasing adoption of 2D barcodes. The introduction of 2D barcodes has revolutionized the global barcode scanner market significantly. 2D barcodes, such as QR, Data Matrix, and Portable Data File (PDF)417, are being increasingly adopted across various industries, such as the retail, healthcare, and transportation and logistics. QR code is the most popular 2D barcode used, as it offers the ability to be scanned even by mobile devices such as smartphones and tablets. PDF417 consists of four bars along with space with each pattern being 17 units long.
Further, the report states that one challenge in market is high capital investment market. 2D barcode scanners are more expensive than 1D scanners and require significant capital investment for implementation. This poses a significant challenge to most end-users, particularly in developing countries, and makes them reluctant to use branded 2D barcode scanners.
- Honeywell International
- Zebra Technologies
Other prominent vendors
- Handheld Group
- Juniper Systems
- Shenzhen Unique Electronic International (SUEI)
- TouchStar Technologies
- ZEBEX Industries
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Industry overview
Part 06: Market landscape
Part 07: Technology overview
Part 08: Market segmentation by type
Part 09: Market segmentation by products
Self-checkout barcode scanners
Part 10: Geographical segmentation
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Buying criteria
Part 17: Vendor landscape
Part 18: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/n3l8rj/global_barcode
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets