Global Portable Scanner Market to Reach USD 2,593.69 Million by 2031 | CAGR of 5.10%
Category : Semiconductor And Electronics | Published Date : Nov 2024 | Type : Press Release
Portable Scanner Market Scope & Overview:
As per the Consegic Business Intelligence newly published report, the Portable Scanner Market was valued at USD 1,792.43 Million in 2023 and is projected to reach USD 2,593.69 Million by 2031, growing at a CAGR of 4.7% from 2024 to 2031. Portable scanners are compact, cost-effective devices designed for digitizing documents on the go. These scanners are particularly advantageous for scanning items that are large or situated in inconvenient locations for standard scanners. Equipped with features like wireless connectivity and cloud storage capabilities, portable scanners are widely used across industries such as business, healthcare, education, and retail, enhancing document management and storage efficiency.
The report comprises the Portable Scanner Market Share, Size & Industry Analysis, By Type (2D Imagers, Laser Scanners, Linear Imagers), Application (Business, Government, Healthcare, Education, Retail, Transportation & Logistics, Insurance, Libraries), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024-2031.
The report contains detailed information on Portable Scanner Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
Increasing adoption of wireless and cloud-integrated portable scanners is driving market growth, with expansion in the retail industry providing growth opportunities.
Segmental Analysis :
Based on type, the market is segmented into 2D imagers, laser scanners, and linear imagers.
- 2D imagers dominated the market in 2023, holding a 54.33% revenue share, driven by their ability to read a variety of barcode formats and their versatility across display screens and labels.
- Laser scanners are projected to register the fastest growth due to their precision and long-range capabilities, which are essential in inventory management and logistics.
Based on application, the market includes business, government, healthcare, education, retail, transportation & logistics, insurance, and libraries.
- Transportation & logistics held the largest market share in 2023, leveraging portable scanners for efficient tracking and management of goods.
- Healthcare is expected to grow at the highest CAGR due to the need for accurate patient and medication tracking, which portable scanners facilitate with enhanced safety and regulatory compliance.
Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- Asia-Pacific led the market in 2023, driven by rapid digital transformation in sectors like logistics and finance, with China contributing a 32.8% share.
- North America is anticipated to grow at a significant CAGR, supported by high adoption in retail, healthcare, and logistics sectors, particularly within the U.S.
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 2,593.69 Million |
| CAGR (2024-2031) | 4.7% |
| By Type | 2D Imagers, Laser Scanners, Linear Imagers |
| By Application | Business, Government, Healthcare, Education, Retail, Transportation & Logistics, Insurance, Libraries |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Portable Scanner Industry:
- Seiko Epson Corporation (Japan)
- Honeywell International Inc. (United States)
- Canon Inc. (Japan)
- HP Inc. (United States)
- Fujitsu Limited (Japan)
- Eastman Kodak Company (United States)
- Panasonic Corporation (Japan)
- Brother Industries, Ltd. (Japan)
- Toshiba Corporation (Japan)
- Zebra Technologies Corporation (United States)
Recent Industry Developments :
- In October 2023, Creaform launched the Handyscan 3D Max Series, a portable scanner for large parts, suitable for industries like aerospace and mining, with enhanced scanning modes and accuracy.
- In March 2022, SHINING 3D introduced the FreeScan UE Pro, a high-precision 3D scanner that integrates seamlessly with major design software, targeting workflows in inspection and manufacturing.
