Market Overview:
The global portable business scanner market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable scanners from various end-use industries, such as financial institutions, enterprises, and others. In addition, the growing trend of digitization is also contributing significantly to the growth of this market. Based on type, the global portable business scanner market can be segmented into single-feed check scanners and multi-feed check scanners. The single-feed check scanner segment is expected to account for a larger share of this market in 2018 owing to its low cost and easy portability. However, the multi-feed check scanner segment is projected to grow at a higher CAGR during the forecast period due its ability to scan multiple pages simultaneously. Based on application, the global portable business scanner market can be divided into financial institutions, enterprises, and others (government organizations and educational institutes).
Product Definition:
A portable business scanner is a device that scans documents and saves them as digital files. They are typically small, lightweight, and easy to use. Portable business scanners are important because they allow businesses to easily scan and store documents digitally. This can save time and money by allowing businesses to access information quickly and easily.
Single-Feed Check Scanners:
Single-Feed Check Scanners are used for scanning a single card at a time through the magstripe reader. The term comes from the fact that these scanners feed their output to an optional second reader for verification before sending it on to the host system. They are primarily used by merchants who want to ensure that they have not been duped by counterfeit money or fraudulent credit cards, and also use them in combination with point of sale terminals as part of EMV chip card technology.
Multi-Feed Check Scanners:
Multi-feed check scanners are used for scanning a number of documents at the same time. It is also known as multi-page scanner, document feeder or sheet feeder. It allows to scan one page at a time and can be used in both commercial and personal use.
Application Insights:
The enterprise application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing adoption of portable business scanners by banks, retail stores, e-commerce companies and others. These devices help enterprises in reducing check frauds by providing secure data transfer and easy document authentication through OCR technology across organizations or networks.
The financial institutions segment accounted for a significant market share in 2017 owing to rising demand among small businesses for payment security solutions such as transaction verification services, fraud detection services, anti-money laundering programs & compliance tools offered by financial institutions globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to factors such as early adoption of technology, presence of a large number of vendors, and high demand for portable business scanner from financial institutions and others. Moreover, increasing government mandates for data security are expected to drive regional product demand over the forecast period. For instance, in June 2018, Bank Secrecy Act Directive (BSAD) 9201 implemented by Financial Action Task Force (FATF) requires all banks worldwide to implement due diligence on their customers or face severe consequences including closure down or transferral outside domestic jurisdiction.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing digitization across various sectors in countries such as China and India which has led consumers towards electronic devices for conducting transactions rather than paper ones resulting into reduction in volumes handled by check scriveners thereby creating opportunities for market growth over next eight years.
Growth Factors:
- Increasing demand for portable business scanners due to the increase in the number of small businesses.
- The increasing trend of digitization and automation across various industries is expected to fuel the demand for portable business scanners over the forecast period.
- Growing awareness about benefits offered by portable business scanners, such as improved efficiency and productivity, is projected to boost market growth during the forecast period.
- Rising adoption of cloud-based storage solutions is anticipated to create opportunities for growth in the global Portable Business Scanner market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Business Scanner Market Research Report
By Type
Single-Feed Check Scanners, Multi-Feed Check Scanners
By Application
Financial Institutions, Enterprise, Others
By Companies
Epson, Canon, Panini, Digital Check, ARCA, Magtek, Kodak, NCR Corporation, RDM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Portable Business Scanner Market Report Segments:
The global Portable Business Scanner market is segmented on the basis of:
Types
Single-Feed Check Scanners, Multi-Feed Check Scanners
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Financial Institutions, Enterprise, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Epson
- Canon
- Panini
- Digital Check
- ARCA
- Magtek
- Kodak
- NCR Corporation
- RDM
Highlights of The Portable Business Scanner Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-Feed Check Scanners
- Multi-Feed Check Scanners
- By Application:
- Financial Institutions
- Enterprise
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Business Scanner Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A portable business scanner is a device that can be used to capture images and documents from a physical location. These scanners are often small, lightweight, and easy to use, making them perfect for on-the-go scanning needs.
Some of the major players in the portable business scanner market are Epson, Canon, Panini, Digital Check, ARCA, Magtek, Kodak, NCR Corporation, RDM.
The portable business scanner market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable Business Scanner Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Portable Business Scanner Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Business Scanner Market - Supply Chain
4.5. Global Portable Business Scanner Market Forecast
4.5.1. Portable Business Scanner Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Business Scanner Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Business Scanner Market Absolute $ Opportunity
5. Global Portable Business Scanner Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Portable Business Scanner Market Size and Volume Forecast by Type
5.3.1. Single-Feed Check Scanners
5.3.2. Multi-Feed Check Scanners
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Business Scanner Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Portable Business Scanner Market Size and Volume Forecast by Application
6.3.1. Financial Institutions
6.3.2. Enterprise
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Business Scanner Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Portable Business Scanner Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Portable Business Scanner Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Portable Business Scanner Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Portable Business Scanner Demand Share Forecast, 2019-2026
9. North America Portable Business Scanner Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Portable Business Scanner Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Portable Business Scanner Market Size and Volume Forecast by Application
9.4.1. Financial Institutions
9.4.2. Enterprise
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Business Scanner Market Size and Volume Forecast by Type
9.7.1. Single-Feed Check Scanners
9.7.2. Multi-Feed Check Scanners
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Portable Business Scanner Demand Share Forecast, 2019-2026
10. Latin America Portable Business Scanner Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Portable Business Scanner Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Portable Business Scanner Market Size and Volume Forecast by Application
10.4.1. Financial Institutions
10.4.2. Enterprise
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Business Scanner Market Size and Volume Forecast by Type
10.7.1. Single-Feed Check Scanners
10.7.2. Multi-Feed Check Scanners
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Portable Business Scanner Demand Share Forecast, 2019-2026
11. Europe Portable Business Scanner Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Portable Business Scanner Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Portable Business Scanner Market Size and Volume Forecast by Application
11.4.1. Financial Institutions
11.4.2. Enterprise
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Business Scanner Market Size and Volume Forecast by Type
11.7.1. Single-Feed Check Scanners
11.7.2. Multi-Feed Check Scanners
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Portable Business Scanner Demand Share, 2019-2026
12. Asia Pacific Portable Business Scanner Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Portable Business Scanner Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Portable Business Scanner Market Size and Volume Forecast by Application
12.4.1. Financial Institutions
12.4.2. Enterprise
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Business Scanner Market Size and Volume Forecast by Type
12.7.1. Single-Feed Check Scanners
12.7.2. Multi-Feed Check Scanners
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Portable Business Scanner Demand Share, 2019-2026
13. Middle East & Africa Portable Business Scanner Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Portable Business Scanner Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Portable Business Scanner Market Size and Volume Forecast by Application
13.4.1. Financial Institutions
13.4.2. Enterprise
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Business Scanner Market Size and Volume Forecast by Type
13.7.1. Single-Feed Check Scanners
13.7.2. Multi-Feed Check Scanners
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Portable Business Scanner Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Business Scanner Market: Market Share Analysis
14.2. Portable Business Scanner Distributors and Customers
14.3. Portable Business Scanner Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Epson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Canon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Panini
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Digital Check
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ARCA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Magtek
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kodak
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NCR Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RDM
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
