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According to IMARC Group’s latest report, titled “Portable Scanner Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global portable scanner market reached a value of US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.9 Billion by 2027, exhibiting a CAGR of 5.06% during 2022-2027. A portable scanner, also known as a handheld scanner, is a USB or battery-operated hardware device that uses optical character recognition (OCR) technology to capture images of scanned documents and convert them into digital files. It stores the scanned digital files on computers, smartphones or tablets and the cloud. It comprises a display for selecting different scan modes, showing the memory available and indicating the status of a scan. As a result, portable scanners are widely adopted in various industrial processes, such as warehouse management, to detect and inspect products and raw materials, and in the transportation sector for tracking assets, luggage, and boarding pass.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The portable scanner market is primarily driven by the growing popularity of wireless communication technologies. For instance, there has been escalating demand for wireless portable scanners in the corporate sector for scanning documents, receipts, and cards during business travel. Besides this, key players are integrating advanced technologies, such as artificial intelligence (AI), three-dimensional (3D) laser and auto-scan, with portable scanners to provide enhanced accuracy. This, coupled with the rising product adoption in pharmacies to inspect drugs, digitize patient records and provide improved care in hospitals, is propelling the market growth. Furthermore, the emerging trend of miniaturization in electronics devices, the increasing sales of smartphones, and expanding pharmaceutical industry are some of the other factors creating a favorable market outlook across the globe.
Portable Scanner Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the portable scanner market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
The report has segmented the global portable scanner market on the basis of type, technology, end use industry and region.
Breakup by End Use Industry:
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Key Highlights of the Report:
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