Bharat Book Bureau Provides the Trending Market Research Report on “Global 2D Barcode Reader Market Size Study, By type, By Application and Regional Forecasts 2021 - 2027” under Consumers Goods Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

The Global 2D Barcode Reader Market size is expected to reach $10.7 billion by 2027, rising at a market growth of 6.6% CAGR during the forecast period. A two-dimensional (2D) barcode reader refers to a device which is used to capture and read the information that is encoded in the two-dimensional (2D) barcodes. It can either be a stationary or a hand-held electronic device.

With the increasing penetration of the internet, digital shopping is becoming more convenient and gained popularity among consumers worldwide. The introduction of wireless technology has strengthened the shift to digital shopping. The barcode scanners are also integrated with high-speed, wireless networks that can possibly help in reducing long waiting times in retail stores. Thus, combining bar code scanners with automated billing systems is making the shopping process transparent, faster, and efficient and at the same time, it enhances the satisfaction of the consumers. These abovementioned factors are encouraging businesses to opt 2D barcode-based systems which are driving the growth of the market.

The market for 2D barcode readers is expected to grow in the forecast period. It is due to the growing use of 2D barcodes across numerous industries, the 2D barcode can access more information like price, image, quantity, or web addresses. The 2D barcode reader is able to scan both 1D and 2D barcodes. 2D barcode readers are helping those businesses which want to make a substantial impact on their customers. Since the ability of the 2D barcode readers to scan accurately and quickly is high, it speeds up the various transaction processes like billing & other operations and thus, improves customer experiences. A 2D barcode reader has the capacity to read barcodes from both directions. It can read on-screen or printed, upside down, and even sideways.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The Asia Pacific market dominated the Global 2D Barcode Reader Market by Region 2020. The Europe market is showcasing prominent growth during the forecast period. Additionally, The North America market is expected to exhibit a CAGR of 6.4% during (2021 - 2027).

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Omron Corporation, Sick AG, Zebra Technologies Corporation, Datalogic S.p.A. (Hydra S.p.A.), Cognex Corporation, Casio Computer Co., Ltd., Denso Corporation, Juniper Networks, Inc., and General Data Company, Inc.

Browse our full report with Table of Content :
https://www.bharatbook.com/report/718198/global-d-barcode-reader-market-by-product-type-handheld-and-fixed-by-application-warehousing-logistics-e-commerce-factory-automation-and-others-by-regional-outlook-industry-analysis-report-and-forecast

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