North America 2d Barcode Reader Market Size & Outlook
North America 2d barcode reader market, 2018-2030 (US$M)
Related Markets
North America 2d barcode reader market highlights
- The North America 2d barcode reader market generated a revenue of USD 2,472.2 million in 2023.
- The market is expected to grow at a CAGR of 7.1% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,472.2 million |
| Market revenue in 2030 | USD 3,988.8 million |
| Growth rate | 7.1% (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, North America region accounted for 32.1% 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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North America 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 72.94% in 2023. Horizon Databook has segmented the North America 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
Key factors driving the growth of 2D barcode reader demand in the North American region are the higher adoption of advanced technologies and automation tools in the robust manufacturing facilities lies in the region.
Further, the presence of superior medical facilities coupled with higher investment in medical infrastructure in the region is expected to boost the adoption of 2D barcode readers in the healthcare industry.
The 2D barcode reader acts as an effective application for keeping track of patients’ electronic medical records (EMR), medication verification, and other personal information are some of the major factors expected to create lucrative growth opportunities for 2D barcode readers in the North American region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America 2d barcode reader market , including forecasts for subscribers. This continent databook contains high-level insights into North America 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America 2d barcode reader market size, by country, 2018-2030 (US$M)
North America 2D Barcode Reader Market Outlook Share, 2023 & 2030 (US$M)
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