Global 2D Barcode Market Size To Worth USD 12.77 Billion By 2032

The Global 2D Barcode Reader Market Size was valued at USD 6.37 billion in 2022 and the worldwide 2D barcode reader market size is expected to reach USD 12.77 billion by 2032, according to a research report published by Spherical Insights & Consulting.

A 2D barcode reader is a device that can read and interpret two-dimensional barcodes, which can store much more data than traditional linear barcodes. The most common types of 2D barcodes are QR codes and data matrix codes, which can be found on products, packaging, and documents. 2D barcode readers use optical technology such as cameras or laser scanners to capture the barcode image, which is then decoded using software algorithms.

These readers are widely used in many industries, including retail, healthcare, logistics, and manufacturing, to track inventory, manage workflows, and improve efficiency. With the increasing popularity of smartphones, many mobile devices now have built-in 2D barcode readers, making them accessible to a wider range of users.