Global Barcode Scanner Market,

A Barcode scanner or a barcode reader is a device that captures and read information from a barcode and transfer it to the connected computer. A barcode reader comprises of a scanner, a decoder as well as a cable that is connected to the computer. The connected computer decodes the data captured with the help of a software. Factors, such as increasing digitalization of the public distribution system, increase in the number of retailers the Barcode Scanner Market are driving the market over forecast period. Moreover, the barcode scanner market is significantly increasing in retail and warehousing industries. The barcode scanner market is becoming more popular in various industries due to cutting-edge features and technological advantages of barcode scanner.

By applications, Healthcare application segment expected to hold highest market share over forecast period.
As the use of barcode scanners rectify the possible errors and thus, the demand is increasing in this application industry. Moreover, the transportation & logistics industry is increasingly adopting the barcode scanners. Such a reader incorporates the latest imaging technologies that are commonly used in image sensors and digital cameras.

North America held 36% market share in 2019 and is expected to keep its dominance over forecast period.

Increasing use of barcode scanners in the retail and manufacturing industries in North America. North America is followed by APAC and Europe.

Key players operating in this market are Cognex Corporation, Datalogic S.P.A, Honeywell International Inc, JC Square Inc, SATO Holdings Corporation, Scandit AG, Toshiba TEC Corporation, Wasp Barcode Technologies, Zebra Technologies Corporation, Aceeca, Generalscan, TouchStar Technologies, Opticon, Denso, and Bluebird. These key players are adopting various inorganic and organic growth strategies such as merger and acquisition, expansion, product launches, joint ventures, etc.

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https://www.maximizemarketresearch.com/market-report/global-barcode-scanner-market/6831/

The post Barcode Scanner Market was valued at USD 2.38 Mn in 2019 and is expected to reach at USD 3.76 Mn by 2027 at a CAGR of 5.9% over forecast period 2020-2027. appeared first on MAXIMIZE MARKET RESEARCH.