Global Mobile Barcode Scanner Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Mobile Barcode Scanner Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The mobile barcode scanner is a reading device used to read the information contained in the barcode. It uses optical principles to decode the content of the barcode and transmit it to a computer or other device via a data line or wirelessly. It is widely used in retail, logistics, medical and other fields to scan barcodes of commodities and documents.

Market Overview:

The latest research study on the global Mobile Barcode Scanner market finds that the global Mobile Barcode Scanner market reached a value of USD 758.8 million in 2022. It’s expected that the market will achieve USD 1000.71 million by 2028, exhibiting a CAGR of 4.72% during the forecast period.

COVID-19 has severely affected the global economy. The COVID-19 epidemic spread to more than 210 countries and regions around the world in three months, affecting nearly 7 billion people. The coronavirus epidemic has impacted all aspects of human health, economic growth, social development, national security, and international relations. It is a comprehensive challenge. The epidemic has drastically reversed expectations of moderate growth in the world economy in early 2020. After the outbreak, the employment situation in various countries has become more severe. Global investors panic, triggering turmoil in the financial and capital markets. The epidemic has caused huge losses to related industries and international trade. From the perspective of the general background, exports, consumption, and investment are driving the economy. After the outbreak of the epidemic, consumption, exports, and investment have all been affected to some extent. Therefore, the global economic downturn is inevitable.


More than four million lives have been lost to COVID-19 since the start of 2020 and the toll continues to rise. Many more have suffered a serious illness. Close to 90 million people are expected to fall into extreme deprivation this year. Compared with the IMF report released in June, the global economic contraction in 2020 will not be as severe as previously predicted. This revision reflects a better-than-expected economic recovery in the second quarter. Global growth is projected at 5.2 percent in 2021, a little lower than in the June 2020 WEO Update, reflecting the more moderate downturn projected for 2020 and consistent with expectations of persistent social distancing. This is the worst global recession in decades, despite the huge efforts of governments with the support of fiscal and monetary policies to deal with the economic downturn. But from a long-term perspective, it is expected that the severe recession caused by the pandemic will cause a prolonged economic depression by reducing investment. Should COVID-19 outbreaks persist, should restrictions on movement be extended or reintroduced, or should disruptions to economic activity be prolonged, the recession could be deeper. Businesses might find it hard to service debt, heightened risk aversion could lead to climbing borrowing costs, and bankruptcies and defaults could result in financial crises in many countries. Under such unfavorable circumstances, there will still be a possibility of a global decline in 2021. The economic downturn caused by COVID-19 is detrimental to the development of the Mobile Barcode Scanner industry.

Region Overview:

In 2021, the share of the Mobile Barcode Scanner market in North America stood at 36.35%.

Company Overview:

Zebra Technologies is one of the major players operating in the Mobile Barcode Scanner market, holding a share of 24.76% in 2022.

Zebra Technologies

Zebra Technologies develops and delivers cutting-edge technologies to help companies connect people, assets and data in an intelligent way. They provide support for first-line businesses in retail/e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other industries to gain performance advantages.

Honeywell

Honeywell is a Fortune 100 technology company. SPS is a strategic business unit of Honeywell, providing industry-specific solutions, including aerospace products and services; construction and industrial control technology; and performance materials worldwide. Honeywell technology helps airplanes, buildings, manufacturing plants, supply chains, and workers connect more closely, making the world smarter, safer, and more sustainable.

Segmentation Overview:

As for product types, the Cellular Network segment held the largest market share in 2021.

Application Overview:

The market's largest segment by application is the segment Retail, with a market share of 34.67% in 2021.

Key Companies in the global Mobile Barcode Scanner market covered in Chapter 3:

Infinite Peripherals
Datalogic
Grabba International
Zebra Technologies
Honeywell
KOAMTAC
OptoElectronics Co. Ltd.
Socket Mobile
Riotec
Cognex
Ingenico
Denso Wave
Marson Technology

In Chapter 4 and Chapter 14.2, on the basis of types, the Mobile Barcode Scanner market from 2018 to 2029 is primarily split into:

WiFi
Cellular Network

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mobile Barcode Scanner market from 2018 to 2029 covers:

Retail
Logistics
Medical

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)