Global portable scanner market expected to reach over $1.5 billion by 2019, says Technavio

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This market analysis segments the global portable scanner market by technology (laser scanners, linear imager, and 2D imager), by end user (transportation/logistics, retail-in-store, industrial manufacturing, and others), and by geography (APAC, EMEA, and the Americas). Leading vendors analyzed in this global market research are Motorola solutions, Honeywell, and Datalogic.

Technavio has released its new market research report, global portable scanner market, which is expected to grow at a CAGR of around 5% between 2015 and 2019. Factors like the high portability of these scanners coupled with its ability to assist in inventory management are expected to account for this market’s steady growth during the forecast period. The Americas are expected to lead the market for portable scanners during the forecast period, owing to the presence of prominent vendors like Motorola and Honeywell in this region.

The market is witnessing huge R&D investments by the key vendors, who are coming up with new models to provide better functionality, meet customer satisfaction, and gain a competitive edge. Development of 2D barcodes and imaging scanners is an interesting trend in the market. 2D barcodes are preferred as they can store information both vertically and horizontally. Also, 2D imagers are gaining grounds because of their potential to read both 1D and 2D barcodes,” says Navin Rajendra, Lead Analyst, Hardware & Semiconductor, Technavio Research.

Portable or handheld scanners can be carried anywhere and placed at any angle to read a barcode. They are commonly used in warehouses and for logistics, where heavier objects or goods have to be counted or measured, thereby helping in inventory management. Also, these scanners have become very common in enterprise applications especially for the authentication of employees’ ID cards.

This market is extremely competitive and is dominated by a few vendors like Motorola solutions, Honeywell, and Datalogic. Motorola and Honeywell dominate the market in the Americas, whereas Datalogic dominates the market in the European region. The entry of new and local vendors in this market is expected to pose a significant challenge for the large players as it will intensify the level of competition between them.

A more detailed analysis is available in the Technavio report, Global Portable Scanner Market 2015-2019.

We can customize this reports by other regions and specific segments upon request.

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