Portable Scanner Market to Witness Steady Growth with a CAGR of 5.7% by 2030
According to a new report published by MarkWide Research, titled, “Portable Scanner Market,” the global portable scanner market is expected to experience steady growth in the coming years. Portable scanners, known for their convenience and versatility, find applications in various industries, including healthcare, education, and document management.
The report reveals that the global portable scanner market is projected to witness a CAGR of 5.7% over the forecast period from 2023 to 2030. This growth is driven by factors such as the increasing need for digitization, remote work trends, and advancements in scanner technology.
Key Findings from the Report:
- Digitization Trends: The push for digitization of documents and records across industries fuels the demand for portable scanners, allowing for easy conversion of physical documents into digital formats.
- Remote Work: The rise of remote work and the need for scanning documents from home offices contribute to the adoption of portable scanners.
- Education Sector: Portable scanners are used in the education sector for scanning textbooks, notes, and assignments, facilitating online learning.
- Healthcare Records: Healthcare professionals use portable scanners to digitize patient records, enhancing accessibility and data management.
- Compact and Lightweight Design: Advancements in scanner design have led to compact and lightweight portable scanners that are easy to carry and use.
Market Forecast:
The report indicates that the global portable scanner market is currently valued at $1.5 billion in 2023 and is projected to reach $2.4 billion by 2030, with a CAGR of 5.7% during the forecast period. North America and Europe are expected to remain key regions for portable scanner adoption.
Company Profiles:
Key players in the global portable scanner market include Canon Inc., Fujitsu Ltd., Epson America, Inc., and HP Inc. These companies continue to introduce innovative portable scanner models and enhance scanning capabilities.
Conclusion:
The global portable scanner market is set for growth, driven by the increasing need for document digitization and the rise of remote work trends. With a projected CAGR of 5.7% by 2030, this market offers opportunities for scanner manufacturers and technology providers to cater to the evolving needs of businesses and individuals.