Barcode Scanner Market Expected to Grow at a CAGR of over 7.6% Amid Increase

The global barcode scanner market stood at US$ 7 Bn in the year 2021 and is expected to witness a CAGR of 7.6% between 2021 and 2031.

Public distribution system is turning digitized day after day. As such, there is a spike in the number of e-retailers. Barcode technology is increasingly used as an AIS (automatic identification system) for reducing human errors.

The healthcare vertical is also witnessing an increasing demand for barcode scanners, so as to manage medicinal records and averting errors with respect to data.

There are numerous fixed and handheld barcode scanners available across a wide price spectrum on the whole. Along these lines, buyers in retail environment prefer affordable handheld scanners for ascertaining flexibility and accessibility.

However, in the industrial environment, buyer chooses rugged scanners that are able to resist harsh conditions, that too, without compromising on performance parameters. These days, buyers may also opt for devices having features like Bluetooth and Wi-Fi connectivity, keyboard, and touchscreen. Future Market Insights has walked through these facts with insights in its latest market study entitled ‘Barcode Scanner Market’.