Middle East & Africa 2d Barcode Reader Market Size & Outlook
Middle East & Africa 2d barcode reader market, 2018-2030 (US$M)
Related Markets
MEA 2d barcode reader market highlights
- The MEA 2d barcode reader market generated a revenue of USD 248.9 million in 2023.
- The market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, handheld was the largest revenue generating product in 2023.
- Handheld is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 248.9 million |
| Market revenue in 2030 | USD 477.1 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Handheld |
| Fastest growing segment | Handheld |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.2% of the global 2d barcode reader market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 656.7 million by 2030.
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2D Barcode Reader Market Scope
2D Barcode Reader Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 2d barcode reader market outlook
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 65.01% in 2023. Horizon Databook has segmented the Middle East & Africa 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for e-commerce and retail industries is surging in the region due to growing customer preferences for convenient and cost-effective retail experiences.
Further, the fast-paced digitalization and constantly evolving buying power of customers in the region are the key factors attracting organizations to set up warehouse and logistics facilities across the region powered with advanced automation capabilities for reading and recording information related to bulk inventories, products, and transactions are the major factors expected to drive the growth of 2D barcode reader market demand in the Middle East & Africa region.
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Target buyers of Middle East & Africa 2d barcode reader market databook
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Our clientele includes a mix of 2d barcode reader market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa 2d barcode reader market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa 2D Barcode Reader Market Outlook Share, 2023 & 2030 (US$M)
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