2D Barcode Reader Market Size by Type, Application, Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2029

5.87%
CAGR (2022-2029)
7.24 USD Bn.
Market Size
311
Report Pages
144
Market Tables

Overview

2D Barcode Reader Market is expected to reach US $ 12.17 Bn by 2029, at a CAGR of 6.7% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

2D Barcode Reader Market

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2D Barcode Reader Market Dynamics:

2D barcode reader helps to scan and read both 1D and 2D barcodes, is a major factor expected to drive the global market growth over the next 10 years. Increasing transaction speed for billing & other related operations and to improve consumer experience are other main factors estimated to boost the growth of the global market to a certain extent. The adoption of a 2D barcode reader as an integrated component is expected to increase in many end-use sectors.

Increasing demand for portable 2D barcode readers and the development of technologically advanced reader systems can create revenue opportunities for the major players operating in the global 2D barcode reader market in the next few years.

However, the higher cost of the 2D barcode reader is a key factor that can hinder the growth of the global market. Also, 2D barcode readers are costlier than 1D barcode readers due to new technology. This is probably to result in low acceptance of the 2D barcode reader thus limiting revenue growth.

2D Barcode Reader Market Segment Analysis:

The QR codes segment is expected to register a major revenue share in the 2D barcode reader market globally. QR codes hold a number of characters, numbers, symbols, text, and control codes. Owing to the fact that the codes are horizontal and vertical, they store the same exact amount as the barcode can, but in only 1/10 of the space, the barcode requires. Therefore, when choosing barcodes or QR codes, in the arena of data storage, QR codes are far greater at holding and keeping storage, and can even store text messages or website addresses.

2D Barcode Reader Market Regional Insights:

North America is projected to dominate in terms of revenue in the global 2D barcode reader market in 2018. This is attributable to several major manufacturers operating in the North America market, and increasing capital investments in countries such as the U.S and Canada in the region. The North American market is likely to be followed by the European market in terms of revenue share in the 2D barcode reader market.

Several major players operating in the global 2D barcode reader market. Zebra claims Company is the highest-selling handheld 1-dimensional barcode scanner in the globe and it’s hard to ignore that when we realize it has support for 98 unique and major languages of the world.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global 2D Barcode Reader Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders prioritizing the efforts and investment in the near future to the emerging segment in the Global 2D Barcode Reader Market.

2D Barcode Reader Market Report Scope: Inquiry Before Buying

2D Barcode Reader Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 7.24 Bn.
Forecast Period 2022 to 2029 CAGR: 5.87% Market Size in 2029: US $ 12.17 Bn.
Segments Covered: by Type • QR Codes
• Data matrix
• PDF417
• Aztech 2D
by Application • Libraries
• Retail
• Consumer Goods
• Parking
• Others

2D Barcode Reader Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Key Players Operating in the Global 2D Barcode Reader Market:

• Toshiba Tec Corporation
• Honeywell International Inc.
• ZIH Corp
• Cognex Corporation
• Scandit
• Datalogic S.p.A.
• RIOTEC CO., LTD.
• Code Corporation.
• Bluebird Inc.
• Zebra Technologies
• Microscan Systems Inc.
• Wasp Barcode Technologies
• KEYENCE CORPORATION
• Motorola solutions
• Opticon Inc.

Frequently Asked Questions:

1. Which region has the largest share in Global 2D Barcode Reader Market?
Ans: North America region held the highest share in 2021.

2. What is the growth rate of Global 2D Barcode Reader Market?
Ans: The Global 2D Barcode Reader Market is growing at a CAGR of 6.7% during forecasting period 2022-2029.

3. What is scope of the Global 2D Barcode Reader market report?
Ans: Global 2D Barcode Reader Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global 2D Barcode Reader market?
Ans: The important key players in the Global 2D Barcode Reader Market are – Toshiba Tec Corporation, Honeywell International Inc., ZIH Corp, Cognex Corporation, Scandit, Datalogic S.p.A., RIOTEC CO., LTD., Code Corporation., Bluebird Inc., Zebra Technologies, Microscan Systems Inc., Wasp Barcode Technologies, KEYENCE CORPORATION, Motorola solutions, and Opticon Inc.

5. What is the study period of this market?
Ans: The Global 2D Barcode Reader Market is studied from 2021 to 2029.

Table of Contents

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global 2D Barcode Reader Market Size, by Market Value (US$ Bn) and Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7.Industry Trends in Global 2D Barcode Reader Market 4.8. Patent Registration 4.9. Global 2D Barcode Reader Market Competitive Landscape 5. Supply Side and Demand Side Indicators 6. Global 2D Barcode Reader Market Analysis and Forecast 6.1. Global 2D Barcode Reader Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global 2D Barcode Reader Market Analysis and Forecast, By Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global 2D Barcode Reader Market Value Share Analysis, By Application 7.4. Global 2D Barcode Reader Market Size (US$ Bn) Forecast, By Application 7.5. Global 2D Barcode Reader Market Analysis, By Application 7.6. Global 2D Barcode Reader Market Attractiveness Analysis, By Application 8. Global 2D Barcode Reader Market Analysis and Forecast, By Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global 2D Barcode Reader Market Value Share Analysis, By Type 8.4. Global 2D Barcode Reader Market Size (US$ Bn) Forecast, By Type 8.5. Global 2D Barcode Reader Market Analysis, By Type 8.6. Global 2D Barcode Reader Market Attractiveness Analysis, By Type 9. Global 2D Barcode Reader Market Analysis, by Region 9.1. Global 2D Barcode Reader Market Value Share Analysis, by Region 9.2. Global 2D Barcode Reader Market Size (US$ Bn) Forecast, by Region 9.3. Global 2D Barcode Reader Market Attractiveness Analysis, by Region 10. North America 2D Barcode Reader Market Analysis 10.1. Key Findings 10.2. North America 2D Barcode Reader Market Overview 10.3. North America 2D Barcode Reader Market Value Share Analysis, By Application 10.4. North America 2D Barcode Reader Market Forecast, By Application 10.4.1. Libraries 10.4.2. Retail 10.4.3. Consumer Goods 10.4.4. Parking 10.4.5. Others 10.5. North America 2D Barcode Reader Market Value Share Analysis, By Type 10.6. North America 2D Barcode Reader Market Forecast, By Type 10.6.1. QR Codes 10.6.2. Data matrix 10.6.3. PDF417 10.6.4. Aztech 2D 10.7. North America 2D Barcode Reader Market Value Share Analysis, by Country 10.8. North America 2D Barcode Reader Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America 2D Barcode Reader Market Analysis, by Country 10.10. U.S. 2D Barcode Reader Market Forecast, By Application 10.10.1. Libraries 10.10.2. Retail 10.10.3. Consumer Goods 10.10.4. Parking 10.10.5. Others 10.11. U.S. 2D Barcode Reader Market Forecast, By Type 10.11.1. QR Codes 10.11.2. Data matrix 10.11.3. PDF417 10.11.4. Aztech 2D 10.12. Canada 2D Barcode Reader Market Forecast, By Application 10.12.1. Libraries 10.12.2. Retail 10.12.3. Consumer Goods 10.12.4. Parking 10.12.5. Others 10.13. Canada 2D Barcode Reader Market Forecast, By Type 10.13.1. QR Codes 10.13.2. Data matrix 10.13.3. PDF417 10.13.4. Aztech 2D 10.14. North America 2D Barcode Reader Market Attractiveness Analysis 10.14.1. By Application 10.14.2. By Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe 2D Barcode Reader Market Analysis 11.1. Key Findings 11.2. Europe 2D Barcode Reader Market Overview 11.3. Europe 2D Barcode Reader Market Value Share Analysis, By Application 11.4. Europe 2D Barcode Reader Market Forecast, By Application 11.4.1. Libraries 11.4.2. Retail 11.4.3. Consumer Goods 11.4.4. Parking 11.4.5. Others 11.5. Europe 2D Barcode Reader Market Value Share Analysis, By Type 11.6. Europe 2D Barcode Reader Market Forecast, By Type 11.6.1. QR Codes 11.6.2. Data matrix 11.6.3. PDF417 11.6.4. Aztech 2D 11.7. Europe 2D Barcode Reader Market Value Share Analysis, by Country 11.8. Europe 2D Barcode Reader Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe 2D Barcode Reader Market Analysis, by Country 11.10. Germany 2D Barcode Reader Market Forecast, By Application 11.10.1. Libraries 11.10.2. Retail 11.10.3. Consumer Goods 11.10.4. Parking 11.10.5. Others 11.11. Germany 2D Barcode Reader Market Forecast, By Type 11.11.1. QR Codes 11.11.2. Data matrix 11.11.3. PDF417 11.11.4. Aztech 2D 11.12. U.K. 2D Barcode Reader Market Forecast, By Application 11.12.1. Libraries 11.12.2. Retail 11.12.3. Consumer Goods 11.12.4. Parking 11.12.5. Others 11.13. U.K. 2D Barcode Reader Market Forecast, By Type 11.13.1. QR Codes 11.13.2. Data matrix 11.13.3. PDF417 11.13.4. Aztech 2D 11.14. France 2D Barcode Reader Market Forecast, By Application 11.14.1. Libraries 11.14.2. Retail 11.14.3. Consumer Goods 11.14.4. Parking 11.14.5. Others 11.15. France 2D Barcode Reader Market Forecast, By Type 11.15.1. QR Codes 11.15.2. Data matrix 11.15.3. PDF417 11.15.4. Aztech 2D 11.16. Italy 2D Barcode Reader Market Forecast, By Application 11.16.1. Libraries 11.16.2. Retail 11.16.3. Consumer Goods 11.16.4. Parking 11.16.5. Others 11.17. Italy 2D Barcode Reader Market Forecast, By Type 11.17.1. QR Codes 11.17.2. Data matrix 11.17.3. PDF417 11.17.4. Aztech 2D 11.18. Spain 2D Barcode Reader Market Forecast, By Application 11.18.1. Libraries 11.18.2. Retail 11.18.3. Consumer Goods 11.18.4. Parking 11.18.5. Others 11.19. Spain 2D Barcode Reader Market Forecast, By Type 11.19.1. QR Codes 11.19.2. Data matrix 11.19.3. PDF417 11.19.4. Aztech 2D 11.20. Rest of Europe 2D Barcode Reader Market Forecast, By Application 11.20.1. Libraries 11.20.2. Retail 11.20.3. Consumer Goods 11.20.4. Parking 11.20.5. Others 11.21. Rest of Europe 2D Barcode Reader Market Forecast, By Type 11.21.1. QR Codes 11.21.2. Data matrix 11.21.3. PDF417 11.21.4. Aztech 2D 11.22. Europe 2D Barcode Reader Market Attractiveness Analysis 11.22.1. By Application 11.22.2. By Type 11.23. PEST Analysis 11.24. Key Trend 11.25. Key Development 12. Asia Pacific 2D Barcode Reader Market Analysis 12.1. Key Findings 12.2. Asia Pacific 2D Barcode Reader Market Overview 12.3. Asia Pacific 2D Barcode Reader Market Value Share Analysis, By Application 12.4. Asia Pacific 2D Barcode Reader Market Forecast, By Application 12.4.1. Libraries 12.4.2. Retail 12.4.3. Consumer Goods 12.4.4. Parking 12.4.5. Others 12.5. Asia Pacific 2D Barcode Reader Market Value Share Analysis, By Type 12.6. Asia Pacific 2D Barcode Reader Market Forecast, By Type 12.6.1. QR Codes 12.6.2. Data matrix 12.6.3. PDF417 12.6.4. Aztech 2D 12.7. Asia Pacific 2D Barcode Reader Market Value Share Analysis, by Country 12.8. Asia Pacific 2D Barcode Reader Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific 2D Barcode Reader Market Analysis, by Country 12.10. China 2D Barcode Reader Market Forecast, By Application 12.10.1. Libraries 12.10.2. Retail 12.10.3. Consumer Goods 12.10.4. Parking 12.10.5. Others 12.11. China 2D Barcode Reader Market Forecast, By Type 12.11.1. QR Codes 12.11.2. Data matrix 12.11.3. PDF417 12.11.4. Aztech 2D 12.12. India 2D Barcode Reader Market Forecast, By Application 12.12.1. Libraries 12.12.2. Retail 12.12.3. Consumer Goods 12.12.4. Parking 12.12.5. Others 12.13. India 2D Barcode Reader Market Forecast, By Type 12.13.1. QR Codes 12.13.2. Data matrix 12.13.3. PDF417 12.13.4. Aztech 2D 12.14. Japan 2D Barcode Reader Market Forecast, By Application 12.14.1. Libraries 12.14.2. Retail 12.14.3. Consumer Goods 12.14.4. Parking 12.14.5. Others 12.15. Japan 2D Barcode Reader Market Forecast, By Type 12.15.1. QR Codes 12.15.2. Data matrix 12.15.3. PDF417 12.15.4. Aztech 2D 12.16. ASEAN 2D Barcode Reader Market Forecast, By Application 12.16.1. Libraries 12.16.2. Retail 12.16.3. Consumer Goods 12.16.4. Parking 12.16.5. Others 12.17. ASEAN 2D Barcode Reader Market Forecast, By Type 12.17.1. QR Codes 12.17.2. Data matrix 12.17.3. PDF417 12.17.4. Aztech 2D 12.18. Rest of Asia Pacific 2D Barcode Reader Market Forecast, By Application 12.18.1. Libraries 12.18.2. Retail 12.18.3. Consumer Goods 12.18.4. Parking 12.18.5. Others 12.19. Rest of Asia Pacific 2D Barcode Reader Market Forecast, By Type 12.19.1. QR Codes 12.19.2. Data matrix 12.19.3. PDF417 12.19.4. Aztech 2D 12.20. Asia Pacific 2D Barcode Reader Market Attractiveness Analysis 12.20.1. By Application 12.20.2. By Type 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa 2D Barcode Reader Market Analysis 13.1. Key Findings 13.2. Middle East & Africa 2D Barcode Reader Market Overview 13.3. Middle East & Africa 2D Barcode Reader Market Value Share Analysis, By Application 13.4. Middle East & Africa 2D Barcode Reader Market Forecast, By Application 13.4.1. Libraries 13.4.2. Retail 13.4.3. Consumer Goods 13.4.4. Parking 13.4.5. Others 13.5. Middle East & Africa 2D Barcode Reader Market Value Share Analysis, By Type 13.6. Middle East & Africa 2D Barcode Reader Market Forecast, By Type 13.6.1. QR Codes 13.6.2. Data matrix 13.6.3. PDF417 13.6.4. Aztech 2D 13.7. Middle East & Africa 2D Barcode Reader Market Value Share Analysis, by Country 13.8. Middle East & Africa 2D Barcode Reader Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa 2D Barcode Reader Market Analysis, by Country 13.10. GCC 2D Barcode Reader Market Forecast, By Application 13.10.1. Libraries 13.10.2. Retail 13.10.3. Consumer Goods 13.10.4. Parking 13.10.5. Others 13.11. GCC 2D Barcode Reader Market Forecast, By Type 13.11.1. QR Codes 13.11.2. Data matrix 13.11.3. PDF417 13.11.4. Aztech 2D 13.12. South Africa 2D Barcode Reader Market Forecast, By Application 13.12.1. Libraries 13.12.2. Retail 13.12.3. Consumer Goods 13.12.4. Parking 13.12.5. Others 13.13. South Africa 2D Barcode Reader Market Forecast, By Type 13.13.1. QR Codes 13.13.2. Data matrix 13.13.3. PDF417 13.13.4. Aztech 2D 13.14. Rest of Middle East & Africa 2D Barcode Reader Market Forecast, By Application 13.14.1. Libraries 13.14.2. Retail 13.14.3. Consumer Goods 13.14.4. Parking 13.14.5. Others 13.15. Rest of Middle East & Africa 2D Barcode Reader Market Forecast, By Type 13.15.1. QR Codes 13.15.2. Data matrix 13.15.3. PDF417 13.15.4. Aztech 2D 13.16. Middle East & Africa 2D Barcode Reader Market Attractiveness Analysis 13.16.1. By Application 13.16.2. By Type 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America 2D Barcode Reader Market Analysis 14.1. Key Findings 14.2. South America 2D Barcode Reader Market Overview 14.3. South America 2D Barcode Reader Market Value Share Analysis, By Application 14.4. South America 2D Barcode Reader Market Forecast, By Application 14.4.1. Libraries 14.4.2. Retail 14.4.3. Consumer Goods 14.4.4. Parking 14.4.5. Others 14.5. South America 2D Barcode Reader Market Value Share Analysis, By Type 14.6. South America 2D Barcode Reader Market Forecast, By Type 14.6.1. QR Codes 14.6.2. Data matrix 14.6.3. PDF417 14.6.4. Aztech 2D 14.7. South America 2D Barcode Reader Market Value Share Analysis, by Country 14.8. South America 2D Barcode Reader Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil 2D Barcode Reader Market Forecast, By Application 14.9.1. Libraries 14.9.2. Retail 14.9.3. Consumer Goods 14.9.4. Parking 14.9.5. Others 14.10. Brazil 2D Barcode Reader Market Forecast, By Type 14.10.1. QR Codes 14.10.2. Data matrix 14.10.3. PDF417 14.10.4. Aztech 2D 14.11. Mexico 2D Barcode Reader Market Forecast, By Application 14.11.1. Libraries 14.11.2. Retail 14.11.3. Consumer Goods 14.11.4. Parking 14.11.5. Others 14.12. Mexico 2D Barcode Reader Market Forecast, By Type 14.12.1. QR Codes 14.12.2. Data matrix 14.12.3. PDF417 14.12.4. Aztech 2D 14.13. Rest of South America 2D Barcode Reader Market Forecast, By Application 14.13.1. Libraries 14.13.2. Retail 14.13.3. Consumer Goods 14.13.4. Parking 14.13.5. Others 14.14. Rest of South America 2D Barcode Reader Market Forecast, By Type 14.14.1. QR Codes 14.14.2. Data matrix 14.14.3. PDF417 14.14.4. Aztech 2D 14.15. South America 2D Barcode Reader Market Attractiveness Analysis 14.15.1. By Application 14.15.2. By Type 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Toshiba Tec Corporation 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. Honeywell International Inc. 15.3.3. ZIH Corp 15.3.4. Cognex Corporation 15.3.5. Scandit 15.3.6. Datalogic S.p.A. 15.3.7. RIOTEC CO., LTD. 15.3.8. Code Corporation. 15.3.9. Bluebird Inc. 15.3.10. Zebra Technologies 15.3.11. Microscan Systems Inc. 15.3.12. Wasp Barcode Technologies 15.3.13. KEYENCE CORPORATION 15.3.14. Motorola solutions 15.3.15. Opticon Inc. 16. Primary Key Insights