Market revenue in 2023 | USD 160.0 million |
Market revenue in 2030 | USD 337.7 million |
Growth rate | 11.3% (CAGR from 2023 to 2030) |
Largest segment | Handheld |
Fastest growing segment | Handheld |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Handheld, Fixed |
Key market players worldwide | Casio Computer Co Ltd, Cognex Corp, Datalogic SPA Az nom Post Frazionamento, Denso Corp, Honeywell International Inc, Novanta Inc, Juniper Networks Inc, Keyence Corp, OMRON Corp, Sato Holdings Corp, SICK, Inc, Zebra Technologies Corp Class A |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 2d barcode reader market will help companies and investors design strategic landscapes.
Handheld was the largest segment with a revenue share of 71.19% in 2023. Horizon Databook has segmented the India 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
In India, the presence of a large e-commerce consumer base, manufacturing industry, and growing production & warehousing requirements are constantly evolving the demand for barcode technologies.
The 2D barcode reader helps organizations in achieving the automation and digitization of business processes by minimizing human interventions and reducing operational costs.
Further, the growing government initiatives towards smart manufacturing, industry 4.0, and digital India aims to create a positive environment for the adoption of the 2D barcode reader in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the India 2d barcode reader market , including forecasts for subscribers. This country databook contains high-level insights into India 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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