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In terms of revenue, Technavio’s market research analyst has estimated the global portable scanner market to post an impressive market value of more than USD 1,300 million by 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.
Geographically, the Americas are expected to lead the market for portable scanners during the forecast period. The presence of prominent vendors like Motorola and Honeywell in this region is expected to result in market growth during the forecast period. Additionally, the ability of these scanners to detect and inspect products and raw materials is envisaged to account for its high market share or nearly 46% by 2019.
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.
Key vendors in this market are -
Other prominent vendors in this market are Denso, Metrologic Instruments, and Opticon.
In this market research report, analysts estimate the 2D imager segment to be the largest market segment during the forecast period. Growth in this segment is propelled by factors like its ability to read both 2D matrix codes and barcodes. These factors promote growth in this segment during the forecast period and results in its impressive market share of more than 53% by 2019.
The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
Technavio market research analysts estimate the transportation/logistics segment to account for approximately 36% of the total market share by 2019. In the transport sector, the ability of handheld scanners to track assets, boarding passes, and luggage are expected to account for this segment’s high market share during the forecast period.
This industry research report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
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