The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Momentum: A Growth Overview The in-counter barcode scanners market has experienced robust growth, driven by various factors. Key data points include:

• Market size expanding from $2.13 billion in 2023 to $2.30 billion in 2024, with a CAGR of 8.2%.
• Forecasted growth to $3.18 billion in 2028, with a CAGR of 8.4%.
• Growth attributed to globalization, integration with point-of-sale systems, regulatory compliance, and cost reduction.

E-Commerce Surge Powers Market Expansion

E-Commerce’s Impact

• Growing e-commerce penetration fuels market growth.
• Convenience and shifting consumer preferences driving online shopping.
• In-counter barcode scanners crucial for e-commerce operations: from receiving goods to shipping.

Statistical Insights

• In 2023, e-commerce sales projected at $1,118.7 billion in the US, up by 7.6% from 2022.
• E-commerce sales accounting for 15.4% of total retail sales in 2023, up from 14.7% in 2022.
• Highlighting the increasing significance of e-commerce in retail.

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Key Players and Innovative Solutions

Market Leaders

• Major players in the market: Honeywell, Fujitsu, Toshiba, Zebra Technologies, and more.
• Focus on innovation to maintain competitiveness.

AI-Powered Innovations

• Development of AI-assisted barcode readers to enhance accuracy and efficiency.
• Example: Cognex Corporation’s DataMan 380, featuring AI-accelerated decoding for enhanced throughput.

Strategic Acquisitions

• Brady Corporation’s acquisition of Code Corporation for $173 million in 2021.
• Strengthening Brady’s position in barcode scanning solutions and workplace safety products.

Market Segmentation and Regional Outlook

Segmentation Overview

• Market segmented by type, technology, and application.
• Types include one-dimensional and two-dimensional barcode scanners.
• Technologies range from laser scanners to omni-directional scanners.

Regional Insights

• North America leading the market in 2023, with Asia-Pacific expected to witness the fastest growth.
• Reflecting regional variations in technological adoption and market maturity.

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The In-Counter Barcode Scanners Global Market Report 2024  provides an overview of the in-counter barcode scanners market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The in-counter barcode scanners market forecast analyzes in-counter barcode scanners market size, in-counter barcode scanners market share, leading competitor and their market positions.

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