Market Research Insights

  San Francisco, 25 May 2023:  The Report   2D Barcode Reader Market  Size, Share & Trends Analysis Report By Product Type (Fixed, Handheld), By Application (Warehousing, Logistics), By Region (South America, MEA, Asia Pacific), And Segment Forecasts, 2023 - 2030 The global 2D barcode reader market size is estimated to reach USD 13.59 billion by 2030, growing at a CAGR of 8.5% from 2023 to 2030, according to the recent reports of Grand View Research, Inc. The market growth can be attributed to the increasing proliferation of barcode scanners in electronic shopping systems, reduction in error rate, and improvement in operational efficiency, along with the surge in digitization and the adoption of automated systems. Furthermore, the rising demand for barcode readers from the e-commerce, retail, warehouse, and logistics sectors is expected to drive the demand for barcode readers, supporting the market growth. Individuals in metro cities are increasing...

  San Francisco, 16 June 2021:   The Report  2D Barcode Reader Market  Size, Share & Trends Analysis Report By Product Type (Handheld, Fixed), By Application (Logistics, Warehousing, E-commerce, Factory Automation), By Region, And Segment Forecasts, 2021 - 2028 The global 2D barcode reader market size is expected to reach USD 11.06 billion by 2028, registering a CAGR of 6.7% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The growing preference for online shopping and the subsequent growth in e-commerce and logistics is expected to drive the growth of the market. Businesses in several industries and industry verticals, including retail and manufacturing, are aggressively using barcodes and allied systems to precisely audit the inventory and track individual products or product batches remotely in a large facility. Thus, a barcode scanner becomes a core component for decoding and interpreting the data stored by th...