Report : North America Mobile Phone Camera-Based Scanning Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Retail, Logistics, Healthcare, Hospitality, Postal, and Others) and Operating System (Android and iOS)
iOS Segment to Dominate North America Mobile Phone Camera-Based Scanning Software Market during 2019–2028
According to a new market research study on “North America Mobile Phone Camera-Based Scanning Software Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Application and Operating System,” is expected to reach US$ 173.29 million by 2028 from US$ 107.14 million in 2021. The market is estimated to grow at a CAGR of 7.1% from 2021 to 2028.Increasing use of barcode scanning is the major factor driving the growth of the North America mobile phone camera-based scanning software market. However, rising security threats may hinder the growth of North America mobile phone camera-based scanning software market. The report provides trends prevailing in the North America mobile phone camera-based scanning software market along with the drivers and restraints pertaining to the market growth.
The North America mobile phone camera-based scanning software market suffered considerable economic losses in the first two quarters of 2020, owing to high count of COVID-19 cases, especially in the US. The economic growth was slowed down, which directly impacted the logistics supply chain across the region. Of late, the US, Canada, and Mexico have witnessed a significant rise in the number of COVID-19 infected patients, which led the governments to impose lockdowns to limit human movement, resulting in manufacturing facilities experiencing lower than usual production volumes. The US has one of the largest supply chain and logistics sectors in North America and globally. The lower production volume has severely impacted supply chain and logistics service providers in the region. The shock of the emergence and spread of COVID-19 has traumatized this sector. The COVID-19 pandemic also affected the hospitality sector in North America. Several industries, such as manufacturing, logistics, and hospitality, have reopened now, which has increased the use of scanning software, supporting the North America mobile phone camera-based scanning software market.
The North America mobile phone camera-based scanning software market segmented by application, operating system, and country. Based on application, the mobile phone camera based scanning software market is categorized into retail, logistics, healthcare, hospitality, postal, and others. In 2020, the retail segment held the largest share North America mobile phone camera-based scanning software market. Based on operating systems, the mobile phone camera based scanning software is categorized into android and iOS. The iOS segment accounts for largest market share in the 2020. Similarly, based on country, the market is bifurcated into US, Canada, and Mexico. The US contributed a substantial share in 2020.
Cognex Corporation; Datalogic S.p.A; Denso Wave Inc.; Grabba; Infinite Peripherals Inc.; KOAMTAC; OPTO Electronics Co., Ltd; and Scandit.; are among the leading companies in the North America mobile phone camera-based scanning software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, KOAMTAC, Inc., a leading manufacturer of Bluetooth companion barcode scanners, barcode, and RFID Sleds, mPOS systems, and enterprise charging solutions, has added a Honeywell SwiftDecoder software barcode decoder to their barcode scanner lineup
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