Market Overview:
The global QR and barcode readers market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for mobile commerce and growing adoption of QR code payment. In terms of type, the pen-type scanners segment is expected to lead the global QR and barcode readers market during the forecast period. This can be attributed to their low cost as compared to other types of scanners and easy portability. In terms of application, the mobile operating systems segment is expected to lead the global QR and barcode readers market during the forecast period.
Product Definition:
A QR code reader is a mobile app or device that can read Quick Response codes. Barcode readers are similar, but they typically only read linear barcodes. QR codes and barcodes are both used to encode information in a machine-readable format. This information can then be scanned and interpreted by a QR code reader or barcode reader app.
Pen-Type Scanners:
Pen-type scanners are portable devices that can read and scan printed text and numbers. They are widely used in the BFSI sector for payment processing, cheque scanning, ID card reading and other purposes. The increasing demand for mobile workforce coupled with the need to reduce operational costs is expected to drive market growth over the forecast period. Furthermore, growing adoption of cloud computing technology is also anticipated to fuel market growth over the next few years.
Laser Scanners:
Laser scanners are electronic devices that use a laser for scanning and reading barcodes. They can be differentiated from optical character recognition (OCR) systems as they require a stationary scan position while OCR can run off the data on the fly as in voice recognition. The technology is used to read and capture data from various printed codes including 2D Data Bar Code, Data Matrix, QR Code, and PDF417.
Application Insights:
The mobile operating systems segment dominated the market in 2017. This can be attributed to the increasing usage of smartphones and tablets worldwide. The use of bar codes and QR codes has become common for app stores, e-commerce platforms, online payment portals, social media accounts etc. These applications need a unique code that is scanned to access different parts of an application or website. Thus driving the demand for global readers over recent years.
The URLs segment is expected to grow at a significant rate during the forecast period owing to increased adoption of QR code scanners by major internet companies such as Google, YouTube etc., for their users to scan any link they wish from their smartphone screen without havingto open up another web browser window or tab on their device screen which saves time and energy while surfing websites thereby driving growth over recent years globally speaking!.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing smartphone penetration, rising adoption of internet services, and rapid development of transportation infrastructure. Moreover, growing retail industry in emerging economies such as India and China is anticipated to drive regional growth over the forecast period.
North America region accounted for a significant share owing to early adoption of digital technologies along with high usage frequency of barcode readers/scanners across various applications including e-commerce websites, retail stores, warehouses & distribution centers among others. Furthermore, presence or expansion plans by major players such as Amazon Web Services (AWS), Google LLC., IBM Corporation are projected to boost regional growth over the next eight years.
Growth Factors:
- Increasing demand for automated data collection and tracking across various industries
- Proliferation of mobile devices and growing trend of BYOD (Bring Your Own Device) in enterprises
- Increasing need for security and authentication solutions
- Growing popularity of cloud-based services
- Rising number of small businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
QR and BarCode Readers Market Research Report
By Type
Pen-Type Scanners, Laser Scanners, LED Scanners, Others
By Application
Mobile Operating Systems, URLs, Virtual Stores, QR Code Payment, Website Login, WiFi Network Login, Others
By Companies
Omron, Code Corporation, Siemens, Pepperl+Fuchs, Panasonic, Leuze Electronic, Heneywell, Zebra Technologies, DENSO, Generalscan, NCR, Opticon, RIOTEC, ZEBEX
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global QR and BarCode Readers Market Report Segments:
The global QR and BarCode Readers market is segmented on the basis of:
Types
Pen-Type Scanners, Laser Scanners, LED Scanners, Others
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
Mobile Operating Systems, URLs, Virtual Stores, QR Code Payment, Website Login, WiFi Network Login, 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:
- Omron
- Code Corporation
- Siemens
- Pepperl+Fuchs
- Panasonic
- Leuze Electronic
- Heneywell
- Zebra Technologies
- DENSO
- Generalscan
- NCR
- Opticon
- RIOTEC
- ZEBEX
Highlights of The QR and BarCode Readers 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:
- Pen-Type Scanners
- Laser Scanners
- LED Scanners
- Others
- By Application:
- Mobile Operating Systems
- URLs
- Virtual Stores
- QR Code Payment
- Website Login
- WiFi Network Login
- 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 QR and BarCode Readers 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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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?
QR and BarCode readers are devices that can be used to scan and read encoded data such as text, images, or barcodes. QR codes are typically square with a black and white checkerboard pattern, while barcodes use a series of parallel lines to encode data. When scanned by a QR code reader or barcode scanner, the device will decode the encoded information and display it onscreen.
Some of the major players in the qr and barcode readers market are Omron, Code Corporation, Siemens, Pepperl+Fuchs, Panasonic, Leuze Electronic, Heneywell, Zebra Technologies, DENSO, Generalscan, NCR, Opticon, RIOTEC, ZEBEX.
The qr and barcode readers market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. QR and BarCode Readers 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. QR and BarCode Readers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. QR and BarCode Readers Market - Supply Chain
4.5. Global QR and BarCode Readers Market Forecast
4.5.1. QR and BarCode Readers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. QR and BarCode Readers Market Size (000 Units) and Y-o-Y Growth
4.5.3. QR and BarCode Readers Market Absolute $ Opportunity
5. Global QR and BarCode Readers 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. QR and BarCode Readers Market Size and Volume Forecast by Type
5.3.1. Pen-Type Scanners
5.3.2. Laser Scanners
5.3.3. LED Scanners
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global QR and BarCode Readers 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. QR and BarCode Readers Market Size and Volume Forecast by Application
6.3.1. Mobile Operating Systems
6.3.2. URLs
6.3.3. Virtual Stores
6.3.4. QR Code Payment
6.3.5. Website Login
6.3.6. WiFi Network Login
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global QR and BarCode Readers 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. QR and BarCode Readers 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 QR and BarCode Readers 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. QR and BarCode Readers 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 QR and BarCode Readers Demand Share Forecast, 2019-2026
9. North America QR and BarCode Readers 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 QR and BarCode Readers 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 QR and BarCode Readers Market Size and Volume Forecast by Application
9.4.1. Mobile Operating Systems
9.4.2. URLs
9.4.3. Virtual Stores
9.4.4. QR Code Payment
9.4.5. Website Login
9.4.6. WiFi Network Login
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America QR and BarCode Readers Market Size and Volume Forecast by Type
9.7.1. Pen-Type Scanners
9.7.2. Laser Scanners
9.7.3. LED Scanners
9.7.4. Others
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 QR and BarCode Readers Demand Share Forecast, 2019-2026
10. Latin America QR and BarCode Readers 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 QR and BarCode Readers 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 QR and BarCode Readers Market Size and Volume Forecast by Application
10.4.1. Mobile Operating Systems
10.4.2. URLs
10.4.3. Virtual Stores
10.4.4. QR Code Payment
10.4.5. Website Login
10.4.6. WiFi Network Login
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America QR and BarCode Readers Market Size and Volume Forecast by Type
10.7.1. Pen-Type Scanners
10.7.2. Laser Scanners
10.7.3. LED Scanners
10.7.4. Others
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 QR and BarCode Readers Demand Share Forecast, 2019-2026
11. Europe QR and BarCode Readers 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 QR and BarCode Readers 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 QR and BarCode Readers Market Size and Volume Forecast by Application
11.4.1. Mobile Operating Systems
11.4.2. URLs
11.4.3. Virtual Stores
11.4.4. QR Code Payment
11.4.5. Website Login
11.4.6. WiFi Network Login
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe QR and BarCode Readers Market Size and Volume Forecast by Type
11.7.1. Pen-Type Scanners
11.7.2. Laser Scanners
11.7.3. LED Scanners
11.7.4. Others
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 QR and BarCode Readers Demand Share, 2019-2026
12. Asia Pacific QR and BarCode Readers 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 QR and BarCode Readers 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 QR and BarCode Readers Market Size and Volume Forecast by Application
12.4.1. Mobile Operating Systems
12.4.2. URLs
12.4.3. Virtual Stores
12.4.4. QR Code Payment
12.4.5. Website Login
12.4.6. WiFi Network Login
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific QR and BarCode Readers Market Size and Volume Forecast by Type
12.7.1. Pen-Type Scanners
12.7.2. Laser Scanners
12.7.3. LED Scanners
12.7.4. Others
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 QR and BarCode Readers Demand Share, 2019-2026
13. Middle East & Africa QR and BarCode Readers 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 QR and BarCode Readers 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 QR and BarCode Readers Market Size and Volume Forecast by Application
13.4.1. Mobile Operating Systems
13.4.2. URLs
13.4.3. Virtual Stores
13.4.4. QR Code Payment
13.4.5. Website Login
13.4.6. WiFi Network Login
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa QR and BarCode Readers Market Size and Volume Forecast by Type
13.7.1. Pen-Type Scanners
13.7.2. Laser Scanners
13.7.3. LED Scanners
13.7.4. Others
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 QR and BarCode Readers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global QR and BarCode Readers Market: Market Share Analysis
14.2. QR and BarCode Readers Distributors and Customers
14.3. QR and BarCode Readers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Omron
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Code Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pepperl+Fuchs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Panasonic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Leuze Electronic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Heneywell
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zebra Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DENSO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Generalscan
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NCR
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Opticon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. RIOTEC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ZEBEX
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
