Global Wearable Scanner Market Overview:
Wearable scanners designed to keep mobile workers' hands free. Workers can lose 5 seconds every time they pick up, scan, and set down a handheld scanner. The wearable scanners developed for easy to use, boost efficiency and productivity, and are rugged and ergonomic., wearable scanners are the best solution to allow workers to use hands to pick faster and expand productivity dramatically, while reducing errors and repetitive motions. wearable scanners provide outstanding performance, leading to higher flexibility and uninterrupted workflows. wearable scanners can be used in industrial and commercial scanning operations, they are suitable for different requirements. Wearable scanners are good if need quick and accurate barcode scanning.
- Increasing demand for wearable scanner in the manufacturing industry
- Increasing Sales across Online Channels
- Surge in number of retail outlets
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Generalscan (United States), Honeywell International (United States), Shenzhen Unique Electronic International (China), Zebra Technologies (United States), RIOTEC (Taiwan), Eurotech (Italy), Technavio (United Kingdom), BlueStar (India) and Scandit (Switzerland). Analyst at AMA Research see Global Manufacturers to retain maximum share of Global Wearable Scanner market by 2026.
Latest Market Insights:
On 8 0ctober 2019 Barcodes Group is pleased to announce the acquisition of Minneapolis based company, Emkat, a hardware integration company focused on delivering innovative solutions for mobile computing and barcode devices. This is the fifth acquisition made by Barcodes Group following its partnership with Odyssey Investment Partners. Terms of the acquisition were not disclosed. and On 15 January 2021Google has successfully completed the acquisition of smart wearable company Fitbit. The search gaint purchased Fitbit for 2.1 billion dollars a year after the deal was first announced.
On 10 November 2020 Datalogic is pleased to announce the launch of the new HandScanner, the smallest and lightest non-intrusive hands-free scanner designed to streamline workers’ daily operations. This wearable allows workers to use both hands to pick faster a good or package, and expand their productivity dramatically. and On 26 August 2021 Handheld Group, a leading manufacturer of rugged mobile computers, introduced the RS60 Ring Scanner, a comfortable hands-free scanning solution for use in warehouses, retail, distribution and other situations requiring highly mobile scanning. This device is the second in the newly introduced wearable line from Handheld following the SP500X ScanPrinter which was released.
What Can be Explored with the Wearable Scanner Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Wearable Scanner Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Wearable Scanner
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wearable Scanner market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wearable Scanner market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Wearable Scanner Manufactures, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Wearable Scanner Market?
The Wearable Scanner market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Wearable Scanner Market?
Top performing companies in the Global Wearable Scanner market are Generalscan (United States), Honeywell International (United States), Shenzhen Unique Electronic International (China), Zebra Technologies (United States), RIOTEC (Taiwan), Eurotech (Italy), Technavio (United Kingdom), BlueStar (India) and Scandit (Switzerland), to name a few.
3. What trending factors would impact Wearable Scanner Market growth most?
"High investment in R&D and wearable electronics" is seen as one of major influencing trends for Wearable Scanner Market during projected period 2020-2026.