Albany, NY -- (SBWIRE) -- 06/30/2016 -- 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.

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Technavios 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

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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?

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