HitPaw Launches Online QR Code Art Generator: Creative QR Code Generator

HitPaw, a famous software developer focuses on photo and video solutions, has announced the Online QR Code Art Generator. With its help, you can experience the beauty of QR code and create the unique one of your own.

HitPaw Online QR Code Art Generator is an online tool that helps you to create QR code without the need for coding or programming. It provides some art styles with you and apply it to the QR code to make it visually appealing.
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HitPaw Online QR Code Art Generator supports you to personalize your QR codes by pasting your URL or uploading QR code allowing for brand promotion and seamless integration with marketing materials.

Price: Starts from $4.99 for per week, $14.99 for per month and $119.99 for per year.

Labels Market size is to grow by 14.58 billion m2 from 2021 to 2026

The labels market size is estimated to grow by 14.58 billion m2 from 2021 to 2026 at a CAGR of 4.27% according to Technavio.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services.

The market growth is driven by the increasing demand for sleeve labels. Sleeve labels offer innovative advertising prospects and eliminate the need for colored containers. Vendors utilize the space provided by full-body shrink-sleeve labels to incorporate eye-catching logos, pictures, and designs. With enhanced container coverage, sleeve labels provide vendors with ample area to engage prospective consumers and provide additional product information, including details about ingredients, in compliance with regulations. This creates a positive perception of the product in the consumer's mind and enhances the vendor's market position. These advantages will propel market growth during the forecast period.

Key Market Trend- The increased implementation of barcode technology is a key market trend driving growth. Barcodes serve as a prominent method of product identification and are widely used for track-and-trace purposes. They play a crucial role in supply chain management by documenting and securing various information such as manufacturing date, location, batch number, and expiry date. The food and beverage industry, in particular, has witnessed a growing demand for barcode labels, specifically pressure-sensitive labels with 2D and 3D barcode technology. With the ability to be read by mobile phones through QR codes, 2D barcode labels are gradually reducing the need for specialized readers in the logistics industry. The increasing adoption of 2D barcode labels is expected to fuel market growth during the forecast period.

Socket Mobile's SocketScan S550 Awarded FeliCa Certification

Socket Mobile says its SocketScan S550 NFC Mobile Wallet Reader is fully certified under the FeliCa card standard.

FeliCa is a contactless Radio Frequency Identification (RFID) smart card technology from Sony in Japan and is used for convenient payment and other transactions. The FeliCa system offers authentication, confidentiality, and integrity for services including transport tickets, payments and e-money, and e-ID. This system services over two billion people in Japan, Bangladesh, Hong Kong, India, Indonesia, Vietnam, and many other locations worldwide.

The FeliCa RF certification test enables users and service providers to initiate secure and convenient operations using FeliCa-enabled technology. FeliCa certification establishes a common RF standard that allows interconnectivity between FeliCa devices. Now, Socket Mobile's SocketScan S550 NFC Mobile Wallet Reader meets the FeliCa RF standards and is fully certified for applications that connect to FeliCa networks.
The SocketScan S550 combines the latest 13.56 MHz contactless technology with Bluetooth Low Energy connectivity and is built for easy and painless integration into apps. The S550 is NFC Forum, Apple VAS, Google Wallet, CIPURSE, and now FeliCa certified.

Developer access to the S550 is through Socket Mobile's CaptureSDK. Once an app provider integrates CaptureSDK into their app, it allows them to offer any of Socket Mobile's data capture devices (barcode scanners or NFC reader/writers) interchangeably and give their end users the freedom to choose the best data reader for each customer's requirements. If your app already uses CaptureSDK, the S550 can be utilized immediately.

McDonald’s France Will Use RFID Technology for Reusable Containers

Starting from January 1st of this year, restaurants in France are prohibited from serving food in single-use packaging. According to France24, there are 30,000 fast-food outlets in the country that serve six billion meals each year.

McDonald’s France has commissioned Checkpoint Systems to install RFID hardware and software in numerous restaurants across the nation. The project promises to decrease waste by offering real-time visibility of McDonald’s reusable tableware stock, enabling swift and efficient inventory management, optimizing restocking and safeguarding the restaurant’s inventory for future security and usability.

Via product consultations and lab test sessions, Checkpoint Systems pioneered one of the first-ever food-safe, water and heat-resistant RFID solutions. This design applies to everything from cups and bottles to fries’ containers, allowing them to be monitored and possibly tracked via an automated database.

Cosmetics brand to launch face stickers with NFC

L’Oréal cosmetics brand Shu Uemura has launched limited edition stickers that contain an NFC chip. Users can place the stickers on their face and scan them with their NFC-enabled smartphone to create digital content.

The stickers allow users to access and apply three interactive augmented reality (AR) filters to enhance images of themselves on multimedia messaging platform Snapchat and add digital makeup to avatars in the metaverse.

Shu Uemura is also collaborating with digital fashion brand Rtfkt to develop AR filters and digital makeup that can be worn by avatars in Rtkft’s Clone X avatar ecosystem.

Each sticker incorporates a micro NFC chip that blends into the design. Put the sticker on your face and hold your smartphone close to reveal a world of exciting new possibilities.

Smart Healthcare Market to grow at a CAGR of 8.46% from 2021 to 2026

The smart health market size is estimated to grow by USD 96.25 billion from 2021 to 2026. The market is estimated to accelerate at a CAGR of 8.46%, according to Technavio.The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services.

Key challenges - The high cost associated with smart healthcare can pose a significant challenge that can hinder the smart healthcare market during the forecast period. The high costs associated with smart healthcare will have a significant impact on end-users and result in a decline in the adoption and implementation of new technologies to enhance healthcare services. Furthermore, it can impact the overall efficiency of healthcare industry players. Factors such as the level of integration, the degree of data accuracy required, and the functionalities needed influence the time taken for EHR implementation. Additionally, the smooth functioning of EHR requires a high level of integration which will increase the cost further. Hence, such factors are expected to hinder the smart healthcare market growth during the forecast period.

EMX Industries Announces Acquisition of TRES RFID Manufacturer

EMX Industries, Inc.–a Cleveland, Ohio, based access control and industrial automation sensor company–has acquired Transponder and Reader Engineered Systems, Inc. (TRES)–a USA designer and manufacturer of RFID readers and tags for the access control market–effective June 26, 2023.
 
TRES founders Steve Hale and Rick Langevin have decided to sell TRES so they can transition to retirement. Both will remain consultants to the EMX management team. Mark Phillips, TRES Vice President of Sales, will join the EMX Industries sales team and continue to support the RFID business.

For more than 30 years, EMX Industries has been a manufacturer of highly engineered sensors across many industries. Main product categories include photoelectric sensors, vehicle detection sensors and now RFID readers and tags for the access control industry.

Furthermore, EMX has capitalized on its expertise in optics to develop a family of sensors for the industrial automation industry including color, luminescence, opacity, contrast, light measurement, color mark, label, tin side detection, brightness and phosphorescence sensors.

Location Analytics Market size worth $ 49.12 Billion, Globally, by 2030

The Global Location Analytics Market is projected to grow at a CAGR of 13.93% from 2023 to 2030, according to a new report published by Verified Market Research.

The report reveals that the market was valued at USD 15.34 Billion in 2021 and is expected to reach USD 49.12 Billion by the end of the forecast period.

The global location analytics market is set to witness significant growth in the coming years, driven by the increasing adoption of business intelligence (BI) tools that leverage geographic or location-based data. Location analytics plays a vital role in extracting valuable insights from spatial data, allowing businesses across various sectors to integrate three-dimensional (3-D) data with traditional BI data. This integration enables companies to contextualize and derive meaningful insights from location-centric data, empowering informed decision-making.

The rise of the Internet of Things (IoT) and the subsequent surge in data generated by connected devices have acted as key drivers for the adoption of location analytics solutions. Market vendors have harnessed real-time intelligence from devices like smartphones, Wi-Fi networks, Bluetooth-enabled beacons, and others, facilitating the implementation of cost-effective location analytics solutions.

One of the prominent factors contributing to the market's growth is the increasing significance of asset management across industry verticals. Companies are striving to optimize their processes and generate substantial revenue, thereby creating a heightened demand for three-dimensional data. The adoption of competitive intelligence and predictive analytics solutions has become instrumental in driving business growth, further fueling the location analytics market throughout the forecast period.

Despite the market's promising prospects, organizations often face challenges due to a lack of awareness and expertise regarding the functioning of location analytics tools. The initial investment required to deploy advanced location analytic tools is substantial, leading to concerns about the return on investment. Operational and technical challenges related to connectivity and data integration also pose additional obstacles for organizations. These factors are projected to impede the market's growth during the forecast period.

Contactless Payment Market Soars to US$ 123.58 billion by 2030

According to Prophecy Market Insights "Contactless Payment Market accounted for US$ 9.18 billion in 2020 and is estimated to be US$ 123.58 billion by 2030 and is anticipated to register a CAGR of 24.0%"

Contactless Payment is a secure method that represents cashless payment for consumers to purchase products via debit, credit, or smartcards, also known as chip cards, by using RFID technology or near-field communication.

Rapid frequency of purchasing products and daily transactions has given positive impact on market growth. Adoption of digital technologies and growing awareness among consumers regarding the benefits of contactless payment has driven market growth. Surge in demand for smartphones and its use in making payment transactions are expected to fuel the target market growth over the forecast period.

The contactless payment market is experiencing the emergence of new technologies and trends that are reshaping the industry. Mobile wallets, such as Apple Pay and Google Pay, have gained popularity, allowing users to make seamless payments using their smartphones. NFC-enabled wearables, like smartwatches and payment-enabled jewelry, are incorporating contactless payment capabilities, providing users with convenient payment options. Biometric authentication methods, including fingerprint scanning and facial recognition, are enhancing security and improving user experience. Additionally, the market is witnessing the integration of contactless payments with loyalty programs, the exploration of new industries like healthcare and hospitality, and the application of artificial intelligence and data analytics for personalized experiences. These advancements are driving innovation and transforming the way we make payments.

Impinj awarded $18.5M in damages in patent lawsuit against NXP

A federal jury in California has found that Dutch semiconductor giant NXP infringed two of Impinj's patents related to radio frequency identification (RFID) chips. The jury awarded Impinj approximately $18.5 million in damages and lost profits.

The technology at issue is used to connect billions of items to the internet and help companies track their products. Impinj is a Seattle-based company that is a leading provider of RFID technology.

This is the second decision this summer that has come down in Impinj's favor. In June, a federal jury in Washington concluded that Impinj was innocent of infringing on NXP's patent.
 

Anviz Launches Next-Gen OSDP-Powered Access Control Solutions, Setting New Industry Standards

Anviz has announced the launch of its next-generation access control solutions powered by Open Supervised Device Protocol (OSDP).

The two new offerings – the SAC921 single-door access controller and C2KA-OSDP RFID keypad reader. Both solutions seek to ensure customer safety and peace of mind, providing a comprehensive security solution for today's modern world.


SAC921 is a PoE-powered access control system that offers great flexibility and simplicity with a wider range of access control interfaces supporting alarm input, perimeter security, and device control. The SAC921 provides a revolutionary upgrade to the traditional Wiegand-based access control systems, significantly streamlining device operations while offering improved security features and better third-party compatibility.

Due to the adoption of PoE, OSDP, and built-in management software, installation of the SAC921 is easier and more cost-effective. Via Anviz's CrossChex remote control system, users can also access a more comprehensive set of security options, such as personnel identity verification, access control, and time attendance management system, granting powerful and customizable security capabilities.

The C2KA-OSDP RFID keypad reader ushers in a new era of PIN code access, delivering unrivaled convenience for both credentialed users and visitors alike. The cutting-edge reader goes beyond traditional access control by supporting multi-factor authentication with seamless integration of various credentials and access methods.

The keypad reader's security capabilities are made possible by OSDP, securing connections and safeguarding against hacks. Unlike traditional Wiegand-based systems, OSDP-powered devices enable bidirectional communication between controllers and card readers using RS485, allowing for real-time monitoring of the card reader's status. This enables access control software to monitor, control, and encrypt data between the access control controller and card reader, delivering advanced tamper protection and usage tracking.

OSDP's key value come from its superior flexibility. Data shared between OSDP access control and readers are no longer confined to fixed-length data fields, such as 24 or 36, with AES128 encryption ensuring higher data security. As a member of SIA, Anviz intends to introduce more SIA OSDP Verified products to the global markets, allowing customers worldwide to enjoy higher security, richer functionality, greater ease of use, and increased interoperability brought by OSDP.

The packaged access control solution that combines the SAC921 access controller and C2KA-OSDP RFID keypad reader is scheduled to be launched in the second half of 2023. Anviz is also planning to upgrade its products to support greater compatibility with third-party solutions. This will be tailored to the needs of various industries, including education, government, commercial real estate, retail, manufacturing, healthcare, and hospitality users, allowing them access to a comprehensive and integrated security control experience.

Digilock Debuts Hardwired Keyless Lock Solution

Digilock has announced the launch of Pivot, hardwired built-in locks for new stationary furniture installations. Recognized as the global leader in storage security, Digilock brings its keyless lock experience to facilities requiring a hardwired power and data source for its permanent fixtures.
Pivot is the ideal option for facilities that prefer or require hardwired storage security. Pivot locks are available pre-installed in stationary lockers and office furniture, custom fit to your permanent storage security needs.

Pivot Smart Locks are networked locks that operate with proprietary DigiLink® software to provide anytime, anywhere management from the Cloud. The new hardwired solution allows customers to manage Pivot from the same platform as their wire-free Digilock Smart Locks. Users will be able to choose RFID, Digital Keypad or Mobile ID access, Shared or Assigned Use functionality, and new options that allow Reservation and Parcel Pickup Use.

Additionally, all Pivot locks come with internal USB ports for charging devices, interior LED lights to illuminate the storage area, and external LED lights to indicate usage status. Built for longevity of use, Pivot uniquely features an all-metal internal lock.

Digilock has a long history of working directly with architects, designers, furniture manufacturers, and distributors to create integrated storage security solutions. According to Advocate, these partnerships provide an advantage as the company expands its offerings to built-in hardwired installations. Among the expected customers for Pivot are workplace, healthcare, and government facilities, which operate a variety of secure storage applications and may have mandates requiring a hardwired power source.

IoT Security Market worth $59.2 billion by 2028

The IoT Security Market is estimated at USD 20.9 billion in 2023 and is projected to reach USD 59.2 billion by 2028, at a CAGR of 23.1% from 2023 to 2028, according to a new report by MarketsandMarkets.

IoT controls various connected devices into a single, smart device, such as a smartphone, PC, or tablet. But for hackers, the IoT ecosystem is a world of opportunities, where billions of interconnected devices transfer and share data, creating a massive playground for tinkering, crafting, exploiting, and taking these systems to their limits. Hence, IoT security becomes essential for organizations, governments, utilities, and individuals to protect data and infrastructure.

IoT security solutions that are being offered include identity access management, data encryption and tokenization, intrusion detection system/intrusion prevention system, device authentication and management, secure software and firmware update, secure communications, PKI lifecycle management, DDoS protection, security analytics, and other solutions (virtual firewall and incidence response system). These solutions enable enterprises to secure IoT devices around the world.

Identity and access management refers to a business process framework. This framework consists of policies and technologies which help organizations control the appropriate access of all employees to technology resources. It manages attributes, such as phone numbers, email addresses, and social security numbers, and authenticates identities. IoT is gaining traction across industries due to its robust offerings. With the expanding reach of IoT, multiple end users and devices can be connected to networks. One of the main causes of cyberattacks is unauthorized access to networks through intrusions. With the help of identity access management, users in the network can be given limited access as per their requirements. This would protect networks from fraudulent events.

Checkpoint Systems RFID to overhaul fast-food dining operations in France with roll-out of reusable tableware RFID Technology

Checkpoint Systems has announced it is working with McDonald's France to incorporate RFID technology into the global fast-food giant's new reusable containers.

The move comes following McDonald's commitment to eliminating unnecessary packaging and contributing to the improvement of recycling systems. It also coincides with the introduction of new French legislation – that came into effect in January 2023 – and aims to fight waste to preserve biodiversity and natural resources.

Following an extensive two-year consultation process, Checkpoint was appointed to work with McDonald's France in 2021 to deliver the project which involved the installation of RFID hardware and software in restaurants across the country. The project will help McDonald's reduce waste by providing unrivalled real-time visibility of its reusable tableware stock, delivering fast and efficient inventory management, optimising replenishment and ensuring the restaurant's stock lines are protected for long-term security and usability.

Through laboratory test sessions and product consultations, Checkpoint Systems developed one of the first ever food-safe, heat-and water-resistant, RFID solution. The pioneering design has been applied from cups and bottles to fries' containers, enabling them to be monitored and potentially tracked through an automated database.

In addition, the database will provide McDonald's France with real-time data on stock inventory – including the container type and quantities – and replenishment requirements, delivering up to 99% accuracy. Through its automated track and trace function, restaurants can also pinpoint the location of nearby containers (in case a container is accidentally discarded into a rubbish bin) to minimise the risk of shrink. To date, Checkpoint has supplied RFID solutions to more than 1,200 McDonald's France restaurants.

Dior unveils sneakers with NFC

Dior has recently introduced a product that uses NFC to link a customer’s physical fashion item to a digital twin.

The new B33 sneakers will be released in an initial numbered and limited edition version of 470 pairs. Seven additional versions of the sneaker will follow “soon after” each featuring their own unique colorway.

Each pair includes an encrypted key that leads to a personal, secure platform offering dedicated services. Within this space, everyone can access the shoes’ certificate of authenticity, additional information on the different stages of the manufacturing process, and even announcements for future sneaker launches.

Other luxury fashion brands have also been using NFC technology to enhance their products. Last month Fila announced it was partnering with Ninjas in Pyjamas (NIP) to launch an NFC-equipped jersey for esports fans and Adidas linked NFTs to physical sneakers with NFC hang tags. In April, Hugo Boss revealed it was adding NFC tags to baseball caps that enabled purchasers to create NFT digital twins.

Samsung Pay adds support for international student ID cards

Samsung Pay Korea has added support for the International Student Identity Card (ISIC) used by more than 100 million students around the world to demonstrate their eligibility for student-only discounts at museums, accommodation, restaurants, stores and transportation operators in 114 countries.

The process of adding the international student ID card to Samsung Pay is simple. After updating Samsung Pay to the latest version, you can add your international student ID card to Samsung Pay by entering the customer identification number, which is the unique number of the international student ID card issued on the ISIC website, in the Mobile ID menu within the app.

If an international student ID is issued through Samsung Pay, the hassle of separate management of the physical student ID is eliminated and it is easy to carry.

Home Security System Market size to grow by USD 21.53 billion from 2021 to 2026. Evolution of IoT is one of the primary market trends

According to Technavio, the home security system market size is estimated to grow by USD 21.53 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 7.8% during the forecast. Download a Sample Report now!

The major factor driving the global home security system market growth is the growth of DIY home security systems. This popularity is due to the advantages of DIY home security systems, including low cost, ease of installation, and smartphone-enabled operation. North America is one of the largest adopters of the DIY home security system, with the US in the lead.

The low cost of these systems compared to professional security systems is the major factor that will be propelling the market growth during the forecast period. For instance, compared to those offered as part of a professional package, cameras used in DIY systems are less expensive. Furthermore, the flexibility associated with DIY security systems will support non-traditional security equipment providers to improve the overall penetration rate of homes with alarm systems.

Vishay introduced IR Sensor Modules for outdoor sensor applications

Vishay Intertechnology has introduced two new fixed-gain infrared (IR) sensor modules designed to lower costs and increase stability for outdoor sensor applications.

The devices are ideal for sensing the distance to objects for toys, drones, robots, and vicinity switches presence detection for traffic control lights and parking lot, gateway access, and water level sensors and light barriers for sports racing and lawnmower robots.

Offering typical irradiance of 1.3 mW/m² in compact Minimold packages, the surface-mount TSSP93038DF1PZA and leaded TSSP93038SS1ZA provide robust operation in direct sunlight while still providing enough sensitivity for light barrier applications.

Unlike high sensitivity fixed-gain IR sensor modules that require attenuators like dark panels, apertures, and sunshades to protect them against sunlight — adding to overall solutions costs — the controlled sensitivity of the Vishay Semiconductors devices released today allows them to operate in full sunlight without unwanted pulses. In addition, for short range presence and proximity applications, the sensors’ reduced sensitivity eliminates the need for extremely low emitter forward currents, which can lead to unstable intensity outputs.

The TSSP93038DF1PZA and TSSP93038SS1ZA operate over a supply voltage range from 2.0 V to 3.6 V, feature a low supply current of 0.35 mA, and are sensitive to a carrier frequency of 38 kHz. Designed to receive IR pulses from an emitter with a peak wavelength of 940 nm, the devices are insensitive to ripple noise on the supply voltage and provide shielding against EMI, while an IR filter suppresses visible light. The modules are RoHS-compliant, halogen-free, and Vishay Green.

Körber Achieves Zebra Technologies Validation

Körber announced it has successfully completed Zebra Technologies' Solution Validation Program for its Körber One Voice platform, which orchestrates voice-directed workflows for all warehouse operations using Zebra's Android devices to improve productivity. This designation indicates to customers and partners that Körber's voice solution meets Zebra's high standards for performance and functionality with the company's mobile computers.

Zebra is a leading digital solution provider enabling businesses to intelligently connect data, assets, and people. Körber is part of the award-winning Zebra® PartnerConnect program.

Hiring and retaining labour is one of the biggest challenges for supply chain operations today. Billions are lost annually to disengaged people in manual warehouse areas. These dynamics require a constant evaluation of workflows and warehouse technology.

Technologies such as voice play a key role by not only making many warehouse tasks safer, but by also making operations significantly more productive. Körber's voice technology is intuitive by nature, can adapt to unique user language inflections and has achieved productivity gains of up to 35%, accuracy improvements up to 85%, and training time reductions up to 50%.

Zebra's Enterprise Testing Program enables eligible channel partners to test the interoperability of their software and hardware solutions with select Zebra mobile computers, scanners, printers, radio frequency identification (RFID) solutions and software products, to meet user application-specific needs.

The BOSS Company Selects RF Code's Sentry Device to Manage and Monitor Remote IT Edge Locations

RF Code, a pioneer of automated, real-time physical asset lifecycle management and environmental monitoring solutions, announced that The BOSS Company, a provider of IT services and technology management, has deployed Sentry, RF Code's real-time monitoring innovation for decentralized edge computing locations.

Founded in 2022, The BOSS Company is a fast-growing IT services firm. Since its inception, the company has grown its customer base by 650 percent, expanding the physical and digital footprint of the company's services beyond its home state of Alabama. As a result of scaling its operations, The BOSS Company has distributed its network to bring compute power closer to its customers for increased efficiency and productivity. However, these decentralized, remote locations rarely have any onsite staff to manage IT equipment, which includes everything from physical security to monitoring environmental conditions.

IDC predicts that 298,000 edge and remote IT locations will be built this year. This means even more critical IT will be housed in locations without on-site IT staff. With one Sentry console deployed in each customer edge environment, The BOSS Company says it can solve the problem of monitoring critical IT at scale more cost-efficiently without compromising service quality.

AI-Infused QR Code Generates Increased Customer Loyalty

Tech startup Relotis has developed a revolutionary, new platform that applies artificial intelligence (ai) and Machine Learning (ML) to engage customers based on performance data to build customer loyalty and increase cross-selling opportunities for retailers, resellers, direct to consumer brands, manufacturers, and distributors.

When a customer receives a package and scans a Relotis QR code displayed on their package, they immediately receive personalized marketing and smart engagement messaging, like incentives, discounts, and other product information designed to incite future sales.

Relotis offers seamless integration into existing company processes so that enterprise users can simply create incentives, or discounts in the Relotis system, then send to their printers, and affix to their packages during fulfillment. Relotis also provides metrics, tracking data and additional engagement tracking and management capabilities.

A company which provides professional logistics services for major Fortune 500 companies, was a quick adopter of the Relotis platform to streamline its shipping, fulfillment and packaging divisions.

Kuye explains that the Relotis platform utilizes the latest Generative Pre-trained Transformer Large Language Processing (GPT-LLM) technology that uses deep learning to produce human-like text so that companies can optimize their sales and customer engagements in a one-to-one or group conversation.

Barcode Readers Market on Track Remarkable Growth, USD 14,447.72 Million By 2030

The barcode market was worth USD 5,982.07 Million in 2022 and is anticipated to reach over USD 14,447.72 Million by the year 2030, growing at a CAGR of 11.9%.

The increasing demand for barcode readers in e-commerce and retail industry to streamline business operations such as order receiving and restocking, inventory management, and error optimization applications is driving the growth of the market.

Barcode readers are utilized to ensure that inventory records reflect the actual quantities of the product in the warehouse quickly and accurately. For instance, in November 2022, Cognex Corporation launched a high-performance handheld barcode reader called DataMan 8700LX featuring a rugged design to scan label-based codes.

The incorporation of image scanning technology in barcode readers is expected to present potential opportunities for the growth of barcode readers market. The integration of image scanning technology allows barcode readers to detect objects at any orientation or angle. However, the presence of alternate technologies such as RFID (Radio Frequency Identification) tags is hindering the growth of barcode readers market.