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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. 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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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