Global Scanner Market Size study & Forecast, by Type (Flatbed Scanner, Sheet-Fed Scanner, Drum Scanner, Handheld Scanner, Others), by End User (Industrial Use, Commercial Use), by Distribution Channel (Online Store, Offline Store) and Regional Analysis, 2

Global Scanner Market Size study & Forecast, by Type (Flatbed Scanner, Sheet-Fed Scanner, Drum Scanner, Handheld Scanner, Others), by End User (Industrial Use, Commercial Use), by Distribution Channel (Online Store, Offline Store) and Regional Analysis, 2023-2030

Global Scanner Market is valued at approximately USD 2.52 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2023-2030. A scanner is a device that allows to convert physical documents, images, or other visual content into digital formats. It uses optical technology to capture an image or text from a physical source, such as a paper document or a photograph and then converts it into a digital file that are stored, edited, or shared on a computer. Scanner Market is being driven by of factors such as rising digitalization and rising e-commerce and logistics industry.

The trend of digitization across industries has been a major driver for the scanner market. As organizations and individuals strive to convert physical documents into digital formats, scanners fulfills these need by providing a convenient and efficient means to convert physical documents into digital formats Scanners enable the conversion of paper-based information into electronic data, facilitating easier storage, retrieval, and sharing of documents. According to Statista, in the year 2021 Spending on digital transformation technologies and services worldwide stood at USD 1.59 trillion which increased to USD 1.85 trillion in the year 2022 and it is projected to reach USD 3.4 trillion by year 2026. Thus, rising spending on digital transformation indicates the rising adoption of digital technologies and resulting in increasing digitalization across the globe, resulting in market growth. In addition, rising technological advancement in scanner technology and the rising adoption of digital technologies in the healthcare industry are creating lucrative growth opportunities in the market. However, the availability of substitutes for scanning documents stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Scanner Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players, rising technological advancement, and a high digitalization rate in the region. Whereas, Asia Pacific is expected to grow at a significant rate owing to factors such as rising adoption of digital technologies, rising e-commerce and logistics industry and rising investments by various verticals for digital transformation in the region.

Major market player included in this report are:
Zebra Technologies
Hewlett-Packard Enterprise Company
Fujitsu Limited
Canon Inc
Epson America Inc
Honeywell International Inc
Opticon
SATO Holding Corporation
Metrologic Instruments Inc
Xerox Corporation

Recent Developments in the Market:
In May 2023, Epson launched Epson Perfection V39II scanner, its newest flatbed entry-level document and photo scanner with great scanning quality. The product maximizes mobility while also increasing space efficiency and minimizing clutter, the V39II is the best alternative for homes, offices, and companies. Users would able toscan while standing up, regardless of the available space, due to the device's built-in kickstand.

Global Scanner Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Type, End User, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Flatbed Scanner
Sheet-Fed Scanner
Drum Scanner
Handheld Scanner
Others

By End User:
Industrial Use
Commercial Use

By Distribution Channel:
Online Store
Offline Store

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Zebra Technologies
Hewlett-Packard Enterprise Company
Fujitsu Limited
Canon Inc
Epson America Inc
Honeywell International Inc
Opticon
SATO Holding Corporation
Metrologic Instruments Inc
Xerox Corporation

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