Global Image Based Barcode Reader Market Anticipated to Expand Rapidly From 2025 to 2029
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Growth Indicators, and Industry Analytics
What Are the Key Growth Indicators and Market Expansion Estimates for the
Image Based Barcode Reader Market Through 2029?
The image based barcode reader market size has grown strongly in recent
years. It will grow from $1.95 billion in 2024 to $2.05 billion in 2025 at a
compound annual growth rate (CAGR) of 5.3%. The growth in the historic period
can be attributed to increasing automation and Industry 4.
The image based barcode reader market size is expected to see strong growth
in the next few years. It will grow to $2.56 billion in 2029 at a compound
annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be
attributed to increasing e-commerce and retail sectors, rising adoption of
automation and Industry 4.0, increasing demand for image based barcode
readers, and increasing requirements for automation. Major trends in the
forecast period include AI and machine learning integration, penetration of
sophisticated barcodes and QR codes, technological advancements, advancements
in imaging technology, and integration into smartphone technology.
Get your free report sample today:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17175&type=smp (https://www.thebusinessresearchcompany.com/sample.aspx?id=17175&type=smp)
What Are the Essential Drivers Propelling the Image Based Barcode Reader
Market Forward?
The increasing e-commerce and retail sectors are expected to propel the
growth of the image based barcode reader market going forward. E-commerce
refers to the buying and selling of goods and services over the internet, and
retail encompasses both physical (brick-and-mortar) stores and online sales
channels. The popularity of e-commerce and the retail sector is rising due to
factors such as the convenience of online shopping, the wide variety of
products available, and the increasing use of mobile devices and internet
connectivity. Image based barcode readers enhance e-commerce and retail by
enabling accurate inventory management, faster checkouts, and efficient order
fulfillment through their ability to read various barcode types from any
orientation. For instance, in May 2024, according to the United States Census
Bureau, a US-based government agency, in the first quarter of 2024,
e-commerce sales rose by 8.5 percent (±1.1%) compared to the first quarter of
2023, while total retail sales increased by 2.8 percent (±0.5%) during the
same period. Therefore, the increasing e-commerce and retail sectors are
driving the image based barcode reader market.
How Is the Image Based Barcode Reader Market Categorized Based on Key
Segments?
The image based barcode readermarket covered in this report is segmented –
1) By Type: Handheld Barcode Reader, Stationary Barcode Reader
2) By Technology: S Mounted Lens, C Mounted Lens, Autofocus Or Liquid Based
Lens
3) By Connectivity: Universal Serial Bus (USB), Bluetooth, Wi-Fi And POE
(Power Over Ethernet)
4) By Application: Retail And Wholesale, Logistics And Warehousing,
Industrial Manufacturing, Healthcare
5) By End Use: Retail And Commercial, Manufacturing, Automotive, Food And
Beverages, Semiconductors, General Manufacturing, Health Care, Logistics And
Warehouse, Commercial Aviation, Defense
Subsegments:
1) By Handheld Barcode Reader: Corded Handheld Barcode Reader, Cordless/
Wireless Handheld Barcode Reader, Bluetooth Handheld Barcode Reader, Rugged
Handheld Barcode Reader, 2D Handheld Barcode Reader
2) By Stationary Barcode Reader: Fixed Mount Barcode Reader, Laser-Based
Stationary Barcode Reader, 2D Stationary Barcode Reader, Omnidirectional Stationary
Barcode Reader, High-Speed Stationary Barcode Reader
What New Market Trends Are Emerging in the Image Based Barcode Reader
Market?
Major companies operating in the image based barcode reader market are
focusing on developing technologically advanced solutions, such as artificial
intelligence (AI)-assisted barcode reader systems, to enhance accuracy,
speed, and functionality in barcode scanning applications. AI-assisted
barcode reader systems refer to barcode scanning technologies enhanced with
artificial intelligence capabilities, enabling advanced image processing
algorithms to accurately and swiftly decode barcodes from various
orientations and conditions. For instance, in October 2023, Cognex
Corporation, a US-based system software company, launched the DataMan 380
series of fixed-mount, image-based barcode readers to maximize throughput and
traceability across a variety of applications in logistics and manufacturing.
The new readers are equipped with a high-resolution CMOS sensor of up to
16.13 MPixel and are designed to increase throughput by simultaneously
processing 1D and 2D codes using AI-accelerated decoding. It simplifies
deployments compared to using multiple conventional readers and is ideal for
robotic pick-and-place, pallet scanning, and tire barcode reading, enhancing
throughput in logistics and manufacturing.
Who Are the Dominant Players Contributing Significantly to the Image Based
Barcode Reader Market Revenue?
Major companies operating in the image based barcode reader market are
DENSO Corporation, Honeywell International Inc., Omron Corporation, Zebra
Technologies, SICK Vertriebs-GmbH, Cognex Corporation, Datalogic S.p.A.,
Scandit AG, Blue Bird Corporation, CipherLab Co. Ltd., Code Corporation,
Newland Auto-ID Tech Co. Ltd., Jadak a Novanta Company, Argox Information Co.
Ltd., RTscan Technology Limited, Socket Mobile Inc., SATO Holdings
Corporation, Microscan Systems Inc., Marson Technology Co. Ltd., Opticon
Sensors Europe B.V., Axicon Auto ID Ltd., Keyence Corporation, NCR
Corporation, MindSEO Lda
Get the detailed image based barcode reader market report today
https://www.thebusinessresearchcompany.com/report/image-based-barcode-reader-global-market-report (https://www.thebusinessresearchcompany.com/report/image-based-barcode-reader-global-market-report)
Which Regions Are Expected to Record the Strongest CAGR in the Image Based
Barcode Reader Market?
North America was the largest region in the image based barcode reader
Market in 2024. The regions covered in the image based barcode reader market
report are Asia-Pacific, Western Europe, Eastern Europe, North America, South
America, Middle East, Africa.
#Contact Us:#
The Business Research Company
https://thebusinessresearchcompany.com/ (https://thebusinessresearchcompany.com/)
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info (mailto:info@tbrc.info)
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Use Code ONLINE20 to
Save 20% On Global Market Reports – Gain Access to Trusted Market Data,
Growth Indicators, and Industry Analytics
What Are the Key Growth Indicators and Market Expansion Estimates for the
Image Based Barcode Reader Market Through 2029?
The image based barcode reader market size has grown strongly in recent
years. It will grow from $1.95 billion in 2024 to $2.05 billion in 2025 at a
compound annual growth rate (CAGR) of 5.3%. The growth in the historic period
can be attributed to increasing automation and Industry 4.
The image based barcode reader market size is expected to see strong growth
in the next few years. It will grow to $2.56 billion in 2029 at a compound
annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be
attributed to increasing e-commerce and retail sectors, rising adoption of
automation and Industry 4.0, increasing demand for image based barcode
readers, and increasing requirements for automation. Major trends in the
forecast period include AI and machine learning integration, penetration of
sophisticated barcodes and QR codes, technological advancements, advancements
in imaging technology, and integration into smartphone technology.
Get your free report sample today:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17175&type=smp (https://www.thebusinessresearchcompany.com/sample.aspx?id=17175&type=smp)
What Are the Essential Drivers Propelling the Image Based Barcode Reader
Market Forward?
The increasing e-commerce and retail sectors are expected to propel the
growth of the image based barcode reader market going forward. E-commerce
refers to the buying and selling of goods and services over the internet, and
retail encompasses both physical (brick-and-mortar) stores and online sales
channels. The popularity of e-commerce and the retail sector is rising due to
factors such as the convenience of online shopping, the wide variety of
products available, and the increasing use of mobile devices and internet
connectivity. Image based barcode readers enhance e-commerce and retail by
enabling accurate inventory management, faster checkouts, and efficient order
fulfillment through their ability to read various barcode types from any
orientation. For instance, in May 2024, according to the United States Census
Bureau, a US-based government agency, in the first quarter of 2024,
e-commerce sales rose by 8.5 percent (±1.1%) compared to the first quarter of
2023, while total retail sales increased by 2.8 percent (±0.5%) during the
same period. Therefore, the increasing e-commerce and retail sectors are
driving the image based barcode reader market.
How Is the Image Based Barcode Reader Market Categorized Based on Key
Segments?
The image based barcode readermarket covered in this report is segmented –
1) By Type: Handheld Barcode Reader, Stationary Barcode Reader
2) By Technology: S Mounted Lens, C Mounted Lens, Autofocus Or Liquid Based
Lens
3) By Connectivity: Universal Serial Bus (USB), Bluetooth, Wi-Fi And POE
(Power Over Ethernet)
4) By Application: Retail And Wholesale, Logistics And Warehousing,
Industrial Manufacturing, Healthcare
5) By End Use: Retail And Commercial, Manufacturing, Automotive, Food And
Beverages, Semiconductors, General Manufacturing, Health Care, Logistics And
Warehouse, Commercial Aviation, Defense
Subsegments:
1) By Handheld Barcode Reader: Corded Handheld Barcode Reader, Cordless/
Wireless Handheld Barcode Reader, Bluetooth Handheld Barcode Reader, Rugged
Handheld Barcode Reader, 2D Handheld Barcode Reader
2) By Stationary Barcode Reader: Fixed Mount Barcode Reader, Laser-Based
Stationary Barcode Reader, 2D Stationary Barcode Reader, Omnidirectional Stationary
Barcode Reader, High-Speed Stationary Barcode Reader
What New Market Trends Are Emerging in the Image Based Barcode Reader
Market?
Major companies operating in the image based barcode reader market are
focusing on developing technologically advanced solutions, such as artificial
intelligence (AI)-assisted barcode reader systems, to enhance accuracy,
speed, and functionality in barcode scanning applications. AI-assisted
barcode reader systems refer to barcode scanning technologies enhanced with
artificial intelligence capabilities, enabling advanced image processing
algorithms to accurately and swiftly decode barcodes from various
orientations and conditions. For instance, in October 2023, Cognex
Corporation, a US-based system software company, launched the DataMan 380
series of fixed-mount, image-based barcode readers to maximize throughput and
traceability across a variety of applications in logistics and manufacturing.
The new readers are equipped with a high-resolution CMOS sensor of up to
16.13 MPixel and are designed to increase throughput by simultaneously
processing 1D and 2D codes using AI-accelerated decoding. It simplifies
deployments compared to using multiple conventional readers and is ideal for
robotic pick-and-place, pallet scanning, and tire barcode reading, enhancing
throughput in logistics and manufacturing.
Who Are the Dominant Players Contributing Significantly to the Image Based
Barcode Reader Market Revenue?
Major companies operating in the image based barcode reader market are
DENSO Corporation, Honeywell International Inc., Omron Corporation, Zebra
Technologies, SICK Vertriebs-GmbH, Cognex Corporation, Datalogic S.p.A.,
Scandit AG, Blue Bird Corporation, CipherLab Co. Ltd., Code Corporation,
Newland Auto-ID Tech Co. Ltd., Jadak a Novanta Company, Argox Information Co.
Ltd., RTscan Technology Limited, Socket Mobile Inc., SATO Holdings
Corporation, Microscan Systems Inc., Marson Technology Co. Ltd., Opticon
Sensors Europe B.V., Axicon Auto ID Ltd., Keyence Corporation, NCR
Corporation, MindSEO Lda
Get the detailed image based barcode reader market report today
https://www.thebusinessresearchcompany.com/report/image-based-barcode-reader-global-market-report (https://www.thebusinessresearchcompany.com/report/image-based-barcode-reader-global-market-report)
Which Regions Are Expected to Record the Strongest CAGR in the Image Based
Barcode Reader Market?
North America was the largest region in the image based barcode reader
Market in 2024. The regions covered in the image based barcode reader market
report are Asia-Pacific, Western Europe, Eastern Europe, North America, South
America, Middle East, Africa.
#Contact Us:#
The Business Research Company
https://thebusinessresearchcompany.com/ (https://thebusinessresearchcompany.com/)
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info (mailto:info@tbrc.info)
#Follow Us On:#
LinkedIn: https://in.linkedin.com/company/the-business-research-company (https://in.linkedin.com/company/the-business-research-company)
Global Image Based Barcode Reader Market Anticipated to Expand Rapidly From 2025 to 2029
Use Code ONLINE20 to
Save 20% On Global Market Reports – Gain Access to Trusted Market Data,
Growth Indicators, and Industry Analytics
What Are the Key Growth Indicators and Market Expansion Estimates for the
Image Based Barcode Reader Market Through 2029?
The image based barcode reader market size has grown strongly in recent
years. It will grow from $1.95 billion in 2024 to $2.05 billion in 2025 at a
compound annual growth rate (CAGR) of 5.3%. The growth in the historic period
can be attributed to increasing automation and Industry 4.
The image based barcode reader market size is expected to see strong growth
in the next few years. It will grow to $2.56 billion in 2029 at a compound
annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be
attributed to increasing e-commerce and retail sectors, rising adoption of
automation and Industry 4.0, increasing demand for image based barcode
readers, and increasing requirements for automation. Major trends in the
forecast period include AI and machine learning integration, penetration of
sophisticated barcodes and QR codes, technological advancements, advancements
in imaging technology, and integration into smartphone technology.
Get your free report sample today:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17175&type=smp (https://www.thebusinessresearchcompany.com/sample.aspx?id=17175&type=smp)
What Are the Essential Drivers Propelling the Image Based Barcode Reader
Market Forward?
The increasing e-commerce and retail sectors are expected to propel the
growth of the image based barcode reader market going forward. E-commerce
refers to the buying and selling of goods and services over the internet, and
retail encompasses both physical (brick-and-mortar) stores and online sales
channels. The popularity of e-commerce and the retail sector is rising due to
factors such as the convenience of online shopping, the wide variety of
products available, and the increasing use of mobile devices and internet
connectivity. Image based barcode readers enhance e-commerce and retail by
enabling accurate inventory management, faster checkouts, and efficient order
fulfillment through their ability to read various barcode types from any
orientation. For instance, in May 2024, according to the United States Census
Bureau, a US-based government agency, in the first quarter of 2024,
e-commerce sales rose by 8.5 percent (±1.1%) compared to the first quarter of
2023, while total retail sales increased by 2.8 percent (±0.5%) during the
same period. Therefore, the increasing e-commerce and retail sectors are
driving the image based barcode reader market.
How Is the Image Based Barcode Reader Market Categorized Based on Key
Segments?
The image based barcode readermarket covered in this report is segmented –
1) By Type: Handheld Barcode Reader, Stationary Barcode Reader
2) By Technology: S Mounted Lens, C Mounted Lens, Autofocus Or Liquid Based
Lens
3) By Connectivity: Universal Serial Bus (USB), Bluetooth, Wi-Fi And POE
(Power Over Ethernet)
4) By Application: Retail And Wholesale, Logistics And Warehousing,
Industrial Manufacturing, Healthcare
5) By End Use: Retail And Commercial, Manufacturing, Automotive, Food And
Beverages, Semiconductors, General Manufacturing, Health Care, Logistics And
Warehouse, Commercial Aviation, Defense
Subsegments:
1) By Handheld Barcode Reader: Corded Handheld Barcode Reader, Cordless/
Wireless Handheld Barcode Reader, Bluetooth Handheld Barcode Reader, Rugged
Handheld Barcode Reader, 2D Handheld Barcode Reader
2) By Stationary Barcode Reader: Fixed Mount Barcode Reader, Laser-Based
Stationary Barcode Reader, 2D Stationary Barcode Reader, Omnidirectional Stationary
Barcode Reader, High-Speed Stationary Barcode Reader
What New Market Trends Are Emerging in the Image Based Barcode Reader
Market?
Major companies operating in the image based barcode reader market are
focusing on developing technologically advanced solutions, such as artificial
intelligence (AI)-assisted barcode reader systems, to enhance accuracy,
speed, and functionality in barcode scanning applications. AI-assisted
barcode reader systems refer to barcode scanning technologies enhanced with
artificial intelligence capabilities, enabling advanced image processing
algorithms to accurately and swiftly decode barcodes from various
orientations and conditions. For instance, in October 2023, Cognex
Corporation, a US-based system software company, launched the DataMan 380
series of fixed-mount, image-based barcode readers to maximize throughput and
traceability across a variety of applications in logistics and manufacturing.
The new readers are equipped with a high-resolution CMOS sensor of up to
16.13 MPixel and are designed to increase throughput by simultaneously
processing 1D and 2D codes using AI-accelerated decoding. It simplifies
deployments compared to using multiple conventional readers and is ideal for
robotic pick-and-place, pallet scanning, and tire barcode reading, enhancing
throughput in logistics and manufacturing.
Who Are the Dominant Players Contributing Significantly to the Image Based
Barcode Reader Market Revenue?
Major companies operating in the image based barcode reader market are
DENSO Corporation, Honeywell International Inc., Omron Corporation, Zebra
Technologies, SICK Vertriebs-GmbH, Cognex Corporation, Datalogic S.p.A.,
Scandit AG, Blue Bird Corporation, CipherLab Co. Ltd., Code Corporation,
Newland Auto-ID Tech Co. Ltd., Jadak a Novanta Company, Argox Information Co.
Ltd., RTscan Technology Limited, Socket Mobile Inc., SATO Holdings
Corporation, Microscan Systems Inc., Marson Technology Co. Ltd., Opticon
Sensors Europe B.V., Axicon Auto ID Ltd., Keyence Corporation, NCR
Corporation, MindSEO Lda
Get the detailed image based barcode reader market report today
https://www.thebusinessresearchcompany.com/report/image-based-barcode-reader-global-market-report (https://www.thebusinessresearchcompany.com/report/image-based-barcode-reader-global-market-report)
Which Regions Are Expected to Record the Strongest CAGR in the Image Based
Barcode Reader Market?
North America was the largest region in the image based barcode reader
Market in 2024. The regions covered in the image based barcode reader market
report are Asia-Pacific, Western Europe, Eastern Europe, North America, South
America, Middle East, Africa.
#Contact Us:#
The Business Research Company
https://thebusinessresearchcompany.com/ (https://thebusinessresearchcompany.com/)
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info (mailto:info@tbrc.info)
#Follow Us On:#
LinkedIn: https://in.linkedin.com/company/the-business-research-company (https://in.linkedin.com/company/the-business-research-company)
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