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2D bar code scanner in china

  • Author:Rick
  • Source:From Yumite
  • Release on:2015-08-01

A 2D bar code is a black and white geometric graphics distributing on a plane (two dimensions) according to certain rules, as a key to information data. 2D bar code scanners can read 2D bar codes and capture content and information herein by scanning 2D bar codes.

Since 2011, the Internet companies (Tencent, Alibaba) have promoted the 2D bar code business. The accelerating 2D bar code industry has boosted the 2D bar code scanner market to develop quickly. Especially in the second half of 2014, the market demand for 2D bar code scanners increased significantly thanks to the aggressive promotion of Internet companies.

In future, 2D bar codes and scanners will speed up penetration into all aspects, such as the government, production, distribution, supervision and marketing of enterprises, with the maturity of 2D bar code technology. In 2015-2019, China's sales volume of 2D bar code scanners will grow at an average annual growth rate of around 38%, reaching 1.692 million in 2019; the revenue growth rate will be about 33%, and the revenue will hit RMB870 million in 2019.