The global portable scanner market is projected to witness a rapid growth during the forecast period. By end-user segment, retail segment is expected to grow at the highest CAGR.
The global portable scanner market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the portable scanner market in North America is expected to witness significant growth during the forecast period. Advanced IT infrastructure and rising need for portable scanners in the healthcare industry is aiding the market in the region. The U.S. is anticipated to drive the growth of the portable scanner market, owing to the presence of a large number of small & medium size businesses, along with the growing education sector.
In the global portable scanner market, Asia Pacific is anticipated to grow at the highest CAGR during the forecast period as compared to other regions, owing to the growing adoption of portable scanners in IT, BFSI, and retail industry. Growing healthcare sector is expected to boost the Global Portable Scanners Market.
The global portable scanner market is projected to reach USD 1759. 72 Million at a CAGR of over 6% by the end of the forecast period.
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The segmental analysis of the global portable scanner market is done by technology, type, and end-user.
The technology-based segments of the global portable scanner market are linear imager, 2D imager, and laser scanners.
The type-based segments of the global portable scanner market are non-rugged barcode scanner, stationary scanner, automatic scanner, and others.
The end-user based segments of the global portable scanner market are transportation & logistics, retail, healthcare, industrial manufacturing, education, and others.
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Based on the region, the global portable scanner market is segmented into Europe, North America, Asia-Pacific, and the Rest of the World (RoW).
As per the analysis, the global portable scanner market is anticipated to be dominated by North America. The increasing demand for portable scanners in the healthcare industry is likely to favor the market growth during the forecast period. Among all, the U.S. is expected to play a significant role in developing the regional market. The presence of SMEs is predicted to likely to fuel the market in the coming period.
APAC is anticipated to be the fastest-growing market during the forecast period. The regional market expansion can be attributed to the presence of developing countries like India and China. Furthermore, the presence of globally renowned players is another crucial factor growing the market in the coming period. The expansion in the education sector and advancement in I.T. infrastructure are expected to enhance market growth.
Europe is anticipated to acquire significant market share during the projected tenure. The demand for portable scanner in the education sector, corporates, and healthcare sector are predicted to favor the market growth in the coming period. The U.K. and Germany are expected to boost market growth during the forecast period.
The MEA region is expected to acquire the last position during the forecast period. The region is likely to lag owing to the presence of under-developed nations. In addition, lack of awareness is likely to restrict the market growth further. However, the presence of untapped opportunities in the region can aid in the regional market expansion during the evaluation period.
The renowned players of the global portable scanner market are Honeywell International Inc. (U.S.), Zebra Technologies (U.S.), Hewlett-Packard (U.S.), Metrologic Instruments (U.S.), Datalogics S.P.A (Italy), Opticon (Australia), Epson America Inc. (U.S.), Fujitsu Limited (Japan), SATO Holdings Corporation (Japan), and TouchStar Technologies (U.K.), and Toshiba TEC Corporation (Japan).
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