2D Barcode Reader Market Size, Share & Trends 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

Report ID: GVR-3-68038-469-7
Number of Pages: 130
Format: Electronic (PDF)

Historical Range: 2018 - 2021
Industry: Semiconductors & Electronics

Market Segmentation

2D Barcode Reader Product Type Outlook (Revenue, USD Million, 2018 - 2030)
- Handheld
- Fixed
2D Barcode Reader Application Outlook (Revenue, USD Million, 2018 - 2030)
- Warehousing
- Logistics
- E-Commerce
- Factory Automation
2D Barcode Reader Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
  - North America 2D Barcode Reader Market, By Product Type
    - Handheld
    - Fixed
  - North America 2D Barcode Reader Market, By Application
    - Warehousing
    - Logistics
    - E-Commerce
    - Factory Automation
  - U.S.
    - U.S. 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - U.S. 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Canada
    - Canada 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Canada 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
- Europe
  - Europe 2D Barcode Reader Market, By Product Type
    - Handheld
    - Fixed
  - Europe 2D Barcode Reader Market, By Application
    - Warehousing
    - Logistics
    - E-Commerce
    - Factory Automation
  - U.K.
    - U.K. 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - U.K. 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Germany
    - Germany 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Germany 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - France
    - France 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - France 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Italy
    - Italy 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Italy 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Spain
    - Spain 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Spain 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
- Asia Pacific
  - Asia Pacific 2D Barcode Reader Market, By Product Type
    - Handheld
    - Fixed
  - Asia Pacific 2D Barcode Reader Market, By Application
    - Warehousing
    - Logistics
    - E-Commerce
    - Factory Automation
  - China
    - China 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - China 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - India
    - India 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - India 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Japan
    - Japan 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Japan 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Australia
    - Australia 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Australia 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - South Korea
    - South Korea 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - South Korea 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
- Latin America
  - Latin America 2D Barcode Reader Market, By Product Type
    - Handheld
    - Fixed
  - Latin America 2D Barcode Reader Market, By Application
    - Warehousing
    - Logistics
    - E-Commerce
    - Factory Automation
  - Brazil
    - Brazil 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Brazil 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Mexico
    - Mexico 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Mexico 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Argentina
    - Argentina 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Argentina 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
- MEA
  - MEA 2D Barcode Reader Market, By Product Type
    - Handheld
    - Fixed
  - MEA 2D Barcode Reader Market, By Application
    - Warehousing
    - Logistics
    - E-Commerce
    - Factory Automation
  - UAE
    - UAE 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - UAE 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - Saudi Arabia
    - Saudi Arabia 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - Saudi Arabia 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation
  - South Africa
    - South Africa 2D Barcode Reader Market, By Product Type
      - Handheld
      - Fixed
    - South Africa 2D Barcode Reader Market, By Application
      - Warehousing
      - Logistics
      - E-Commerce
      - Factory Automation

2D Barcode Reader Market Dynamics

Driver: Reduction In Error Rate And Improvement In Operational Efficiency

The market for 2D barcode reader is expanding due in large part to barcode technology's capacity to drastically lower human error in automatic identification/scanning systems. The expected error rate for human data entry is one error for every 300 characters written. On the other hand, it is believed that a barcode reader makes one mistake for every 35 trillion characters. Barcode scanners are employed in many different sectors and industrial verticals because of their extremely low error rate. As a result, barcode scanners have made their way into many different corporate operations and are helping companies save money, streamline their data input procedures, provide their products with better real-time visibility, and boost worker productivity. For example, barcode technology is being used by several intensive care units in the United States to prevent medication errors. To preserve a unique patient record, each patient is provided with a barcode wristband that is connected to the central computers. The nurse uses a barcode scanner to scan the wristband and the medication to be given before giving it out.

Proliferation Of Barcode Scanners In Electronic Shopping Systems

Supermarkets and hypermarkets are becoming increasingly popular places for people in big cities to shop for daily necessities. Due to this, supermarkets and hypermarkets are seeing an increase in foot traffic, particularly on weekends and holidays when staff members need help to handle the long lines and crowded billing counters. Supermarkets and hypermarkets are therefore using digitization more and more. Retail businesses are aggressively using electronic shopping systems to relieve worker stress without sacrificing the customer experience. Currently, store staff may scan and track things while on the move with the help of mobile 2D barcode readers, which increases productivity and efficiency. Wireless technological advancements are supporting the shift to online shopping even further. While online shopping is growing in popularity globally, supermarkets and hypermarkets can shorten checkout lines and remove lengthy wait times due to the use of wireless technology in barcode scanners. Thus, the fusion of wireless technology, automated billing systems, and 2D barcode readers makes shopping even more convenient while guaranteeing clear and quick checkout procedures and raising customer satisfaction.

Restraint: Development Of Smartphone Apps To Scan Barcodes

More traditional corporate processes are being digitalized to increase their convenience and flexibility. Innovative apps that can be downloaded and used on smartphones and tablets have made it possible to change traditional corporate procedures in a way that increases productivity and lowers expenses. As a result, rather than spending money on specialized 2D barcode readers, many businesses are discovering that it is more convenient to utilize smartphone apps to read barcodes quickly and accurately. Particularly for businesses with low-volume operations, smartphone barcode scanning apps help cut operating expenses. It is also projected that new trends like "bring your own device" (BYOD) would increase the use of barcode scanning apps, particularly in the retail, logistics, and entertainment sectors. Therefore, it is projected that the introduction of mobile barcode software development kits (SDKs) for in-store retail and light industrial applications will limit the market expansion for 2D barcode scanners. For end-to-end mobile scanning solutions, Cognex Corporation, for example, provides mobile terminals and SDK. Businesses may be able to read 1-D, 2-D, and direct part mark (DPM) barcodes completely with the help of the company's apps.

What Does This Report Include?

This section will provide insights into the contents included in this 2D barcode reader market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

2D barcode reader market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

2D barcode reader market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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