Home > News > Industry News > Growing Demand for Portable Ba.....
New products
Contact us
Factory Add: 4F, ​​Building 5, Lianjian Industrial Park, Huarong Road, Dalang Town, BaoAn District, Shenzhen, China International Trade DepartmentContact Now


Growing Demand for Portable Barcode Scanner Will Boost (2)

  • Author:Rick
  • Source:From Yumite
  • Release on:2016-09-07
Barcodes help maintain data accuracy and inventory management. The emergence and adoption of 2D or quick response (QR) barcodes will drive this market. A 2D barcode capacity ranges from 1.5 KB to 3 KB and helps store more information about products, such as the manufacturer name, customer address, and shipment date. Conversely, 1D barcodes have a capacity of only 1 KB.

In 2014, APAC reported the highest sales of barcode printers. Zebra Technologies is the leading vendor in the barcode printers market. The market for these printers is likely to grow at a CAGR of 4.4% until 2019.

Portability is a major advantage of handheld scanners over fixed ones. Hence, they are highly preferred in transportation, logistics, and manufacturing industries, which are backed by the growing e-commerce market.

In 2014, global sales from retail e-commerce grew by 20% from previous year, reaching USD 840 billion. Alibaba, a China-based e-commerce company saw growth in its logistics business and invested close to USD 206 million in the market. Thus, an increasing demand for logistics in e-commerce and the high adoption rate of 2D imagers will drive the market for handheld scanners and help it grow at a CAGR of 4.4% until 2019.