Image Based Barcode Reader Market Analysis, Key Players, Industry Segments & Forecast to 2030

According to Future Market Insight's recently published report, the image-based barcode reader market is expected to grow rapidly between 2020 and 2030.

Rapid adoption of Industry 4.0 has resulted in the deployment of advanced technologies such as robotics, artificial intelligence, and cloud-based computing throughout the manufacturing sector. This has enabled businesses to streamline asset tracking and monitoring, resulting in a surge in the use of barcode readers.

Concerns about the spread of a new coronavirus have prompted end-users to use barcode readers to ensure contactless transactions between individuals. Retailers use this technology to analyse user data and expand their customer base via virtual platforms. Similarly, airports use QR codes to filter visitors and track contact information.

According to these trends, the use of image-based barcode scanners is only expected to grow in the forecast period.

Get a Sample Copy of this Report with Table of Contents and Figures @
https://www.futuremarketinsights.com/reports/sample/rep-gb-11940

"Mushrooming online business activities will lay a red carpet for the image based barcode reader manufacturers to walk smoothly towards better revenue prospects," concludes an FMI analyst.

Key Takeaways from FMI's Image Based Barcode Reader Report

  • Retail and commercial sector shall capture 33% of the overall revenue share
  • Global image based barcode reader market shall surge at a CAGR of 7% between 2020 and 2030
  • North America is the market hegemon, capturing nearly 28% of the revenue share
  • Smartphone based scanners are acquiring immense popularity due its high degree of convenience
  • Image based barcode readers sales will surge by 2020-end, attributed to heightened ICT spending, valued at US$ 689 Bn

Image Based Barcode Reader Market- Key Trends

  • Barcode readers mounted automated robots are becoming mainstream across the retail and commercial sectors
  • Smartphones with sophisticated barcode readers such as Android 9 and Apple 13 are immensely catapulting revenue prospects
  • 2D-based image barcode scanners are acquiring high traction owing to their ease of operability
  • Intensive marketing campaigns by leading players is helping them carve a foothold within the landscape
  • Holding capacities are expected to witness an uptick of nearly 2000 data characters, ranging from supply chain management figures to inventory stocks

Image Based Barcode Reader Market- Region-wise Analysis

  • East Asia exhibits tremendous growth potential in the coming years, with China & Japan experiencing the maximum expansions
  • Countries such as the United States have already attained maturity, being used for a hassle-free shopping experience
  • South Asia shall expand 2.4x during the 2020-2030 forecast period

Image Based Barcode Reader Market- Competitive Landscape

The image based barcode reader vendors are capitalizing on the trend of surging QR-code popularity to acquire a competitive edge over others. Prominent companies such as L'Oréal, Nissan, Tesco, PayPal and Starbucks are all leverage QR-codes to enhance customer experiences.

Kaspersky, for instance, has launched its QR code reader and scanner which is compatible with Apple and Android phones. Its scanner prohibits any access to unsecure links, thus making at an extremely safe application. Similarly, Google Playstore and Apple Store provide the Bar-Code reader which allows copy pasting on the web and export on Google drive.

Know More about Image Based Barcode Reader Market

A new market research report published by Future Market Insights (FMI) on the global image based barcode reader market report provides extensive insights into the market demand trends and analysis of opportunities over the forecast period. The report analyzes the image based barcode reader market through seven different segments - imaging type, product type, end use, technology, connectivity, sales channel, and region. The image based barcode reader market report also offers in-depth assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of image based barcode readers and product adoption across several end-use industries.

For More Information on this Report @
https://www.futuremarketinsights.com/reports/image-based-barcode-reader-market

Image Based Barcode Reader Market Taxonomy

Imaging Type

  • 1D Image/Code Scanning
  • 2D Image/Code Scanning

Product Type

  • Portable/Handheld Scanners
  • Rugged Scanners
  • PDS Scanners
  • Smart Phones
  • Automatic Readers
  • Cordless Scanners
  • Fixed-Position Scanners
  • Stationery Scanners
  • Presentation Scanners

End-Users

  • Retail and Commercial
  • Manufacturing
  • Automotive
  • F&B
  • Semiconductors
  • General Manufacturing
  • Others
  • Healthcare
  • Logistics & Warehouse
  • Commercial Aviation
  • Defense
  • Others

Technology

  • S Mounted Lens
  • C Mounted Lens
  • Autofocus/Liquid Based Lens

Connectivity

  • USB
  • Bluetooth
  • Wi-Fi
  • PoE (Power over Ethernet)

Sales Channel

  • Online
  • Offline

Region/Country

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

Comments

Post a Comment

Popular posts from this blog

Automated Sortation System Market Analysis, Segments, Leading Player, Application & Forecast 2022 to 2030

 Future Market Insights, an ESOMAR certified market research firm in its latest report pegs the global market for automated sortation system  to surpass a valuation of US$ 14.34 Billion by the end of 2030. With accuracy and efficiency of automated sortation systems set to boost KPIs, manufacturers are steadily scaling up logistics and warehousing businesses to improve sorting and picking. Automated sortation are giving and uptick to profit margins by a respectable 1% gain and helping to reduce the total cycle time for orders. With newer sortation systems having sortation rates close to 100%, operators within the automated sortation system market are increasing their own reliability index through timely deliveries thus gaining an edge in the overall market. Better throughputs help stakeholders prepare well for capacity forecasts. Request a Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11931 Key Takeaways of Automated Sort...
Read more

Industrial Motors Market Analysis, Key Players, Segments & Forecast 2022 to 2032

 The worldwide  industrial motors market  is estimated to develop at a 3.5% CAGR from 2022 to 2032, reaching a value of more than US$ 917.3 million in 2032. Several government entities, like the European Water Association (Europe), the Environmental Protection Agency (US), and the India Water Works Association (India), are actively drafting legislation and regulations governing water disposal and reuse programmes. The Environmental Protection Agency (EPA) in the United States, for example, has made it essential for companies to purify water before disposing of it. In this regard, specifications for maximum allowed contamination levels have been devised. Furthermore, severe government laws have been put in place for the construction of water projects to produce power, handle water waste, and stop deposit exploitation, among other things. These industrial water and wastewater projects are expected to have a direct impact on the growth of the industrial motors market from 20...
Read more

Deployable Military Shelter Market Outlook, Current and Future Landscape Analysis 2022 to 2029

 According to Future Market Insights (FMI), the Global Deployable Military Shelter Market will grow at a 4.7% year-on-year rate in 2022, reaching a value of approximately US$ 1,068.2 million by the end of 2022. The evolving battleground requirements have necessitated increased military unit deployment in distant warzones and diverse terrains for strategic operational and training purposes. Ascending military spending of governments and notable rise in border conflicts continues to push sales of deployable military shelters on a global level. The global deployable military shelter market will most likely surpass the value of US$ 1,464.0 Million by 2029, as projected by a new Future Market Insights (FMI) report. Witnessing healthy growth in revenues over 2022 – 2029, demand for deployable military shelters will be prominent in temporary military bases in conflict affected areas as well as overseas. Key Takeaways – Deployable Military Shelter Market Study North America’s deploya...
Read more