How has the scanner market evolved, and where is it heading next?
The scanner market size has grown steadily in recent years. It will grow from $8.54 billion in 2024 to $8.91 billion in 2025 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to document digitization and paperless trends, business process automation, government regulations and compliance, library and archiving needs, educational sector demand.
The scanner market size is expected to see steady growth in the next few years. It will grow to $10.45 billion in 2029 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to integration with cloud services, remote work and collaboration tools, healthcare industry digitization, advancements in 3D scanning, consumer adoption for personal use. Major trends in the forecast period include focus on energy efficiency, rise of portable and handheld scanners, document management software integration, enhanced security features, adoption of ai and machine learning.
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What have been the primary factors driving the scanner market’s growth?
Increasing demand for digitalization and automation is expected to propel the growth of the scanner market going forward. Digitization is the process of converting analog information into digital format, while automation is the automatic execution of tasks without periodic interference. Scanners play a crucial role in digitization and automation by converting physical documents into digital format, which can then be easily stored, accessed, and processed by computers. For instance, in March 2023, according to the International Monetary Fund, a US-based financial agency of the United Nations, digitalization across advanced economies increased by an average of 6 percentage points. Furthermore, in August 2022, according to Eurostat, a Luxembourg-based government agency, more than 90% of EU (European Union) SMEs (small-medium enterprises) should reach at least a basic level of digital intensity by 2030. Therefore, increasing demand for digitalization and automation is driving the growth of the scanner market.
What are the key segments within the scanner market?
The scanner market covered in this report is segmented –
1) By Type: Flatbed Scanner, Sheet-Fed Scanner, Drum Scanner, Handheld Scanner, Other Types
2) By Distribution Channel: Online Store, Offline Store
3) By End-User: Individual Use, Commercial Use
Subsegments:
1) By Flatbed Scanner: Standard Flatbed Scanner, High-Resolution Flatbed Scanner
2) By Sheet-Fed Scanner: Single-Sided Sheet-Fed Scanner, Duplex Sheet-Fed Scanner
3) By Drum Scanner: High-End Drum Scanner, Standard Drum Scanner
4) By Handheld Scanner: Portable Handheld Scanner, Wireless Handheld Scanner
5) By Other Types: 3D Scanner, Overhead Scanner, Mobile Scanner
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Which key players are shaping the scanner market?
Major companies operating in the scanner market include Hewlett-Packard Development Company LP, Honeywell International Inc., Fujitsu Limited, Canon Inc., Seiko Epson Corporation, Xerox Corporation, Brother Industries Ltd., Zebra Technologies Corporation, Contex A/S, SATO Holdings Corporation, Epson America Inc., Faro Technologies Inc., Iris Software Private Limited, Creaform Inc., Opticon Inc., Dymo Industries Inc., Metrologic Group SAS, Image Access Corp., Handheld Group Ltd., Zeutschel GmbH, Artec 3D Inc., Microtek International Inc., Plustek Inc., Visioneer Inc., Metrologic Instruments Inc., EVA Vision Ltd., Qidenus Technologies GmbH, EasyScan BV, Colortrac Ltd.
How will emerging trends drive the scanner market throughout the forecast period?
Technological advances are shaping the scanners market. Scanner-based businesses are continually investing in the creation of emerging technology to enhance their company revenue. For instance, in July 2023, Canon Inc., a Japan-based imaging technologies company, launched imageFORMULA R30 document scanner. Canon imageFORMULA R30 is a versatile and easy-to-use scanner that is ideal for home offices and small businesses that can scan double-sided documents in batches of up to 60 sheets. It also comes with CaptureOnTouch Lite software, which allows users to convert scanned documents to a variety of file formats and make them searchable using keywords.
How do regional factors impact the scanner market, and which region is the largest contributor?
The countries covered in the scanner market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
What Does The Scanner Market Report 2025 Offer?
The scanner market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A scanner is a device that captures images from photographic prints, posters, magazine pages, and other sources for computer editing and display. It converts images on a document into digital information that can be stored on a computer through optical character recognition.
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