Scanner Global Market To Reach Value Of About $34 Billion In 2025

21 Sep, 2021

The scanner market consists of sales of scanners by entities (organizations, sole traders, and partnerships) that provide scanners, which are input devices that can be connected to computers to optically scan images, print texts, handwriting, or objects and convert them to digital images. Only goods and services traded between entities or sold to end consumers are included.

Global Scanner Market Size And Drivers:

The global scanner market is expected to grow from $24.90 billion in 2020 to $27.45 billion in 2021 at a compound annual growth rate (CAGR) of 10.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $33.85 billion in 2025 at a CAGR of 5.4%. The increasing demand for sheet-fed scanners is expected to fuel the growth of the scanner market during the forecasted period.

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Trends In The Global Scanner Market

The technological advances is shaping the scanners market. Scanner-based businesses are continually investing in the creation of emerging technology to enhance their company revenue. For instance, in March 2020, Epson, a Japan-based Electronics company launched Epson WorkForce DS-3000 and DS-32000 A3 sheetfed scanners for business. With strong media versatility, these new scanners deliver high-speed image capture of up to 90ppm (180ipm), making them the perfect entry point to the digital workflow of an organization and capable of scanning a variety of documents, from large-bound documents to passports.

Global Scanner Market Segments:
The global scanner market is further segmented –
By Type: Flatbed Scanner, Sheet-Fed Scanner, Drum Scanner, Handheld Scanner, Others
By End-User: Individual Use, Commercial Use
By Distribution Channel: Online Store, Offline Store
By Geography: The global scanner market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Scanner Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides scanner market overviews, analyzes and forecasts market size and growth for the global scanner market, scanner market share, scanner market players, scanner market segments and geographies, scanner market’s leading competitors’ revenues, profiles and market shares. The scanner market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.