2D Barcode Reader Market Size, High-Growth Segments, Share, Development Strategies And Fiorecast To 2032: Denso Wave Incorporated, Casio Computer Co., Ltd., Cognex Corporation, Datalogic S.p.A., Honeywell International, Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the 2D barcode reader market report by The Business Research Company, the increase in demand in the e-commerce and logistics sectors is expected to propel the growth of the 2D barcode reader market over the coming years. The growing incidence of online shopping is considered as one of the driving factors for the growth in the e-commerce and logistics sectors, leading to the deployment of more distribution centres and warehouses and driving the 2D barcode reader industry. The Indian market for e-commerce increased by 36% in 2020 and is expected to reach up to USD 111 billion by 2024, leading to the increasing growth rate of the 2D barcode reader market as well. Therefore, the growing e-commerce and logistics industries drive the 2D barcode reader market.

The global 2D barcode reader market size grew from $6.35 billion in 2022 to $6.87 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The 2D barcode reader market size is expected to grow to $9.31 billion in 2027 at a CAGR of 7.9%.

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Major competitors in the 2D barcode reader market include Denso Wave Incorporated, Casio Computer Co., Ltd., Cognex Corporation, Datalogic S.p.A., Honeywell International, Inc., General Data Co., Inc.

The 2D barcode reader market is segmented -

• By Type: Fixed, Portable

• By Reader Type: Cord, Cordless

• By Application: Warehousing, Logistics, E-Commerce, Factory Automation

• By End User: Retail, Hospitality, Transportation and logistics, Manufacturing, Healthcare, Others

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the 2D barcode reader market.

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The 2D barcode reader market consists of sales of illumination system, sensor, and the decoder. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The 2D Barcode Reader Market Include:
1. Executive Summary
2. 2D Barcode Reader Market Characteristics
3. 2D Barcode Reader Market Trends And Strategies
4. 2D Barcode Reader Market - Macro Economic Scenario
5. 2D Barcode Reader Market Size And Growth
6. 2D Barcode Reader Market Segmentation
.................
27. 2D Barcode Reader Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 2D Barcode Reader Market
29. 2D Barcode Reader Market Future Outlook And Potential Analysis
30. Appendix

The "Global 2D Barcode Reader Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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