Image Based Barcode Reader Market Share, Size, Trends, and Forecast by 2031

MARKET INTRODUCTION

An image based barcode reader is a device that helps in extracting the information and data from the barcode and transmits it to the computer. It is able to interpret multiple barcodes in any orientation within a single view. The rising deployment of smart and advanced technologies like cloud, artificial intelligence, robotics, and more are driving the growth of the image based barcode reader market. Moreover, growing trends of online shopping are also positively impacting the growth of the image-based barcode reader market.

MARKET DYNAMICS

An upsurge in the adoption of automated devices for processing, monitoring, and tracking activities is driving the growth of the image based barcode reader market. Furthermore, the high-penetration of sophisticated bar codes and QR codes is also boosting the image based barcode reader market growth. The emergence of 2D barcode readers and growing adoption of 2D barcodes readers in businesses like marketing, advertising, food delivery, electronics, telecommunications, health care, and other are expected to provide ample growth opportunity for the image based barcode reader market.

MARKET SCOPE

The "Global Image Based Barcode Reader Market Analysis to 2031" is a specialized and in-depth study of the image based barcode reader industry with a special focus on the global market trend analysis. The report aims to provide an overview image based barcode reader market with detailed market segmentation as imaging type, type, end-user, and geography. The global image based barcode reader market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading image based barcode reader market players and offers key trends and opportunities in the image based barcode reader market.

MARKET SEGMENTATION

The global image based barcode reader market is segmented on the basis of imaging type, type, end-user. On the basis of imaging type the market is segmented as 1D image, 2D image. On the basis of type the market is segmented as stationary/fixed scanners, portable/handheld scanners. On the basis of end-user the market is segmented as retail, manufacturing, logistics and warehouse, healthcare, automotive, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global image based barcode reader market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The image based barcode reader market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting image based barcode reader market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the image based barcode reader market in these regions.

MARKET PLAYERS

The reports cover key developments in the image based barcode reader market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from image based barcode reader market are anticipated to lucrative growth opportunities in the future with the rising demand for image based barcode reader in the global market. Below mentioned is the list of few companies engaged in the image based barcode reader market.

The report also includes the profiles of key image based barcode reader companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   AirTrack
  
•   Cognex Corporation
  
•   Datalogic S.p.A.
  
•   Honeywell International Inc.
  
•   Keyence Corporation
  
•   Pepperl+Fuchs
  
•   Shenzhen MinDe electronics technology Ltd. (Mindeo)
  
•   SICK AG
  
•   ZEBEX
  
•   Zebra Technologies Corp.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Image Based Barcode Reader Report Scope