Barcode Scanner Market Had Reached a Revenue of US$ 7 Bn in

November 30, 2022 02:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.

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Barcode Scanner Market Had Reached a Revenue of US$ 7 Bn in

NEWARK, Del, Nov. 30, 2022 (GLOBE NEWSWIRE) -- The global barcode scanner market stood at US$ 7 Bn in the year 2021 and is expected to witness a CAGR of 7.6% between 2021 and 2031.

Public distribution system is turning digitized day after day. As such, there is a spike in the number of e-retailers. Barcode technology is increasingly used as an AIS (automatic identification system) for reducing human errors. The healthcare vertical is also witnessing an increasing demand for barcode scanners, so as to manage medicinal records and averting errors with respect to data.

Barcode scanners’ competitive pricing happens to be dynamic across several regions. There are numerous fixed and handheld barcode scanners available across a wide price spectrum on the whole. Along these lines, buyers in retail environment prefer affordable handheld scanners for ascertaining flexibility and accessibility. However, in the industrial environment, buyer chooses rugged scanners that are able to resist harsh conditions, that too, without compromising on performance parameters. These days, buyers may also opt for devices having features like Bluetooth and Wi-Fi connectivity, keyboard, and touchscreen. Future Market Insights has walked through these facts with insights in its latest market study entitled ‘Barcode Scanner Market’.

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Key Takeaways from Barcode Scanner Market

“Barcode reader systems are broadly adopted across several industry verticals owing to advantages like reduction in frequency of product recalls. This factor is bound to take the barcode scanner market to greater strides in the upcoming period”, says an analyst from Future Market Insights.

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What does the Report Cover?

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    3.1. Portable/Handheld Scanners Pricing Analysis,2016

    3.2. Fixed Position Scanners Pricing Analysis,2016

    3.3. Market Size and Forecast Analysis

    4.6. Forecast Factors – Relevance and Impact

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Barcode Scanner Market Had Reached a Revenue of US$ 7 Bn in

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