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Global Wearable Scanner Market 2016-2020

About the Wearable Scanner Market

Wearable scanners are increasingly adopted in many industries, leading to higher revenues for the market. They are widely used in applications related to the healthcare, transportation and logistics, manufacturing, hospitality and entertainment, retail, and services industries because of their ability to capture data accurately and at a high speed. At present, 2D barcode scanners are increasingly being adopted, contributing significantly to the revenue of the market. Wearable scanners are increasingly being used in the warehousing and storage industry for efficient inventory management and theft protection. The healthcare industry is also adopting barcode scanners in large numbers for monitoring patients and maintaining patient records. Demand for these scanners in the retail industry is significant, and the sector is expected to boost the market growth during the forecast period.

Technavio’s analysts forecast the global wearable scanner market to grow at a CAGR of 3.9% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global wearable scanner market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the shipments of wearable scanners (ring scanners and wearable mobile computer, and wearable smart terminal) for the healthcare, transportation and logistics, manufacturing, hospitality and entertainment, retail, and services industries.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Wearable Scanner Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Generalscan
  • Honeywell
  • Shenzhen Unique Electronic
  • Zebra
  • RIOTEC
  • Eurotech
Market driver
  • Increased adoption of 2D barcodes
  • For a full, detailed list, view our report
Market challenge
  • High cost of production
  • For a full, detailed list, view our report
Market trend
  • Increase in number of retail outlets
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Wearable Scanner Market 2016-2020

Technavio recognizes the following companies as the key players in the global wearable scanner market: Generalscan, Honeywell, Shenzhen Unique Electronic, Zebra, RIOTEC, and Eurotech.

Commenting on the report, an analyst from Technavio’s team said: “One trend leading to the growth of this market is the high demand for 2D wearable scanners. 2D wearable scanners are used to scan 2D barcodes such as QR, Data Matrix, and PDF417. 2D barcodes cannot be read or scanned by traditional linear scanners as they require an imager. 2D scanners function as a camera and they lack moving parts, making them more reliable and less prone to failure.”

According to the report, the need for accuracy in data computation and storage will be a major growth driver for this market. The need for accurate data calculation and storage of information is increasing in the global wearable scanner market. A single wrong entry can lead to loss of revenue or tarnish the brand image of an organization. Being more reliable and accurate, wearable scanners are replacing manual data entry systems and are eliminating human errors. In the healthcare industry, use of barcoding technology reduced medication error rate by almost 90% from 2005-2015.

Further, the report states that one challenge that will negatively impact this market’s growth will be the increasing sales of alternatives. 2D wearable scanners are trending nowadays along with the popularity of 2D or QR codes. However, 2D wearable scanners are not the only devices that can read QR codes; the same task can be performed with smartphones. Smartphones are able to scan a QR code, and direct users to the particular uniform resource locator (URL) encoded in the code.

Companies Mentioned

Generalscan, Honeywell, Shenzhen Unique Electronic, Zebra, RIOTEC, and Eurotech.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Major countries covered
    • Currency conversion rates
      • Table Currency exchange rates
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Supply chain flow chart
  • Industry overview
    • Table Segmentation of global ADC market
    • Table Global ADC market segmentation by end-users
    • ADC market insights
      • Table Global ADC market by product 2015
      • Table Global ADC market by end-users
      • Table Global barcode scanner market 2014-2019 ($ billions)
      • Table 1D barcode versus 2D barcode
      • Table Global barcode scanner market by product
      • Table Segmentation of mobile computers by technology
      • Table Segmentation of handheld barcode scanner by technology
      • Table Segmentation of POS retail barcode scanners by technology
      • Table Contribution of wearable scanners to global ADC market 2015
  • Market landscape
    • Market overview
      • Table Global wearable scanner market
    • Market size and forecast
      • Table Global wearable scanner market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Technology overview
    • Table Types of wearable scanners
    • 2D imager
    • Linear imager
    • Laser scanner
  • Market segmentation by technology
    • Table Global wearable scanner market by technology 2015-2020
    • Table Global wearable scanner market by technology 2015-2020 ($ millions)
    • 2D imager
      • Table Global 2D imager wearable scanner market 2015-2020 ($ million)
    • Linear imager
      • Table Global linear imager wearable scanner market 2015-2020 ($ million)
    • Laser scanner
      • Table Global laser wearable scanner market 2015-2020 ($ million)
    • CAGR comparison
    • Market attractiveness
      • Table Wearable scanner technology market attractiveness
  • Geographical segmentation
    • Table Geographical segmentation of wearable scanner market 2015
    • Table Geographical segmentation of wearable scanner market 2015-2020
    • Wearable scanner market in Americas
      • Table Wearable scanner market in Americas 2015-2020 ($ millions)
    • Wearable scanner market in EMEA
      • Table Wearable scanner market in EMEA 2015-2020 ($ millions)
    • Wearable scanner market in APAC
      • Table Wearable scanner market in APAC 2015-2020 ($ millions)
    • CAGR comparison
      • Table CAGR comparison
    • Market attractiveness
      • Table Wearable scanner geographic market attractiveness
  • Buying criteria
    • Cost
    • Design
    • Durability
    • Integration
    • Reliability
    • Battery life
  • Market drivers
    • Increased adoption of 2D barcodes
      • Table 1D barcode versus 2D barcode
    • Need for accuracy in data computation and storage
    • Growing adoption of wearable scanners across industries
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost of production
    • Intense vendor competition amid high raw material prices
    • Increasing sales of alternatives
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • High demand for 2D wearable scanners
    • Increase in number of retail outlets
    • Growing demand for imaging scanners
  • Vendor landscape
    • Competitive scenario
    • Key vendors
  • Summary of key figures
    • Table Summary of key figures
  • Appendix
    • List of abbreviations
  • Explore Technavio

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