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The scanner market has witnessed significant growth in recent years, escalating from $2.67 billion in 2023 to $2.83 billion in 2024, with a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period is attributed to document digitization and paperless trends, business process automation, government regulations and compliance, library and archiving needs, as well as educational sector demand. Projections indicate continued growth in the upcoming years, with estimates reaching $3.55 billion in 2028, reflecting a CAGR of 5.9%. The expected growth is driven by integration with cloud services, remote work and collaboration tools, healthcare industry digitization, advancements in 3D scanning, and consumer adoption for personal use. Major trends in the forecast period include a focus on energy efficiency, the rise of portable and handheld scanners, document management software integration, enhanced security features, and the adoption of AI and machine learning.

The surging demand for digitalization and automation is poised to fuel the growth of the scanner market. Digitization, the conversion of analog information into digital format, and automation, the execution of tasks without periodic interference, are driving the need for scanners to convert physical documents into a digital format. According to the International Monetary Fund, digitalization in advanced economies increased by an average of 6 percentage points in March 2023. Additionally, Eurostat reported in August 2022 that over 90% of European Union SMEs should achieve a basic level of digital intensity by 2030. This increasing demand for digitalization and automation is a key factor propelling the growth of the scanner market in 2023, 2024, and 2028.

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What Are The Key Trends That Influence Scanner Market Share Analysis?

Technological advances are shaping the scanners market. Scanner-based businesses are continually investing in the creation of emerging technology to enhance their company revenue. For instance, in July 2023, Canon Inc., a Japan-based imaging technologies company, launched imageFORMULA R30 document scanner. Canon imageFORMULA R30 is a versatile and easy-to-use scanner that is ideal for home offices and small businesses that can scan double-sided documents in batches of up to 60 sheets. It also comes with CaptureOnTouch Lite software, which allows users to convert scanned documents to a variety of file formats and make them searchable using keywords.

Which Market Players Are Driving Growth In The Scanner Market?

Major companies operating in the scanner market report are Hewlett-Packard Development Company LP, Honeywell International Inc., Fujitsu Limited, Canon Inc., Seiko Epson Corporation, Xerox Corporation, Brother Industries Ltd., Zebra Technologies Corporation, Contex A/S, SATO Holdings Corporation, Epson America Inc., Faro Technologies Inc., Iris Software Private Limited, Creaform Inc., Opticon Inc., Dymo Industries Inc., Metrologic Group SAS, Image Access Corp., Handheld Group Ltd., Zeutschel GmbH, Artec 3D Inc., Microtek International Inc., Plustek Inc., Visioneer Inc., Metrologic Instruments Inc., Platypod Pro LLC, EVA Vision Ltd., Qidenus Technologies GmbH, EasyScan BV, Colortrac Ltd.

How Is The Global Scanner Market Segmented?

The scanner market covered in this report is segmented –

1) By Type: Flatbed Scanner, Sheet-Fed Scanner, Drum Scanner, Handheld Scanner, Other Types
2) By Distribution Channel: Online Store, Offline Store
3) By End-User: Individual Use, Commercial Use

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The Scanner Global Market Report 2024 provides an overview of the scannermarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The scanner market forecast analyzes scanner market size, scanner market share, leading competitor and their market positions.

The Table Of Content For The Scanner Market Include

1. Scanner Market Executive Summary
2. Scanner Market Segments
3. Scanner Market Size And Template Market Growth Rate
4.  Key Scanner Market Trends
5. Major Scanner Market Drivers
……
25. Key Mergers And Acquisitions In The Scanner Market
26. Top Scanner Companies
27. Scanner Market Opportunities And Strategies
28. Scanner Market, Conclusions And Recommendations
29. Appendix

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