Asia Pacific Barcode Software Market, By Type (1D, 2D), By Application (Package Tracking, Employee Attendance and Time Tracking, Asset Management, Others), By End User (BFSI, Transportation and Logistics, Manufacturing, Healthcare, Retail, Others), By Country, By Competition Forecast & Opportunities, 2018-2028F
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAsia Pacific Barcode Software Market, By Type (1D, 2D), By Application (Package Tracking, Employee Attendance and Time Tracking, Asset Management, Others), By End User (BFSI, Transportation and Logistics, Manufacturing, Healthcare, Retail, Others), By Country, By Competition Forecast & Opportunities, 2018-2028F
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 279.65 Million |
| Largest Market | China |
| CAGR (2023-2028) | 7,51% |
| Fastest Growing Segment | Manufacturing |
Asia Pacific Barcode Software market is growing, owing to increasing demand for online gaming. The need for effective and efficient barcode software has increased due to the escalating competitiveness across industries, including manufacturing, retail, healthcare, and transportation and logistics. By providing real-time data, barcode systems assist businesses in keeping track of both their shipments and assets. Additionally, this data assist businesses in improving decision-making and general productivity. Additionally, these software programmes assist businesses in achieving time optimisation, mistake reduction, on-time delivery, and increased production. The market for Asia Pacific barcode software is anticipated to grow throughout the projected period.
In the past, parallel lines of varied lengths, spacings, and diameters were used to represent data in barcodes. These barcodes may be read by specialised optical scanners known as barcode readers, of which there are several varieties.
Demand for Accurate and Legal Data Collection Procedures
Barcode software solutions improve data collection's efficiency and accuracy, helping businesses of all sizes to move more quickly through their daily processes. These software solutions enhance inventory management procedures and lower human mistake rates. The need for precise data real-time collection technologies has significantly increased due to increased competition among businesses in a variety of industries, including healthcare, manufacturing, retail, and transportation, which is driving the demand for sophisticated and simple to use barcode software solutions. For instance, TEKLYNX provides label design solutions that make it easier to produce straightforward labels with text, graphics, and barcodes, along with more intricate labels that adhere to various requirements. The industry's best label templates, extensive database connections, and design and integration capabilities, are just a few of the important characteristics of TEKLYNX's barcode software. Similar to Zebra Technologies Corporation, Denso ADC, General Data, Honeywell International, and Honeywell International provide effective and efficient barcode software solutions for varied industrial demands and requirements. Manufacturers use barcode software to monitor their inventory levels, as well as to lower operational risks and get rid of pointless bottlenecks in corporate operations. The need for more effective and economical barcode software solutions among small, mid-sized, and big industrial enterprises, is pushing the industry as a whole.
Increasing Frequency of Barcode Use in Logistics and Transportation, Including the Healthcare Industry
The logistics and transportation, healthcare, and other industries, have all seen a surge in the adoption of sophisticated and effective barcode software. Technology helps the healthcare industry ensure improved patient safety and operational effectiveness. The organization of procedures including patient admittance, identification, medicine administration, and care, is aided by barcode technology. Additionally, it aids medical professionals in providing patients with the proper care and medication. The barcode technology helps with asset monitoring, stock maintenance, staff attendance, and time management in the logistics and transportation industry. It enhances supply chain management and gives businesses in this industry a competitive advantage. The purpose of barcode software solutions is to assist logistics and transportation businesses in tracking shipments based on specific criteria, such as the starting point, time, place, and size. Additionally, technology helps logistics and goods’ operators conduct efficient operations. Due to the technology's suitability for both big and small and mid-sized logistical companies, the market for barcode software is expanding.
Barcode Software Requirement for Supply Chain Management
Supply Chain Management is enhanced and improved in every way using barcode technology. It facilitates an efficient and productive company integration process, overall. The technology makes it possible to quickly follow the progress of product shipments, which lowers the likelihood of mistakes throughout the process. It is also inexpensive and simple to use. Due of these advantages, businesses are increasingly utilising barcode technology, particularly for supply chain management. Barcode tracking facilitates the utilisation of reliable data for decision-making, while also saving time and money. While traditional inventory management requires many hours to complete, barcode tagging allows for real-time shipment tracking and analysis, resulting in swift and efficient supply chain operations. In one of its reports, Zebra Technologies Corporation offered the example of a bakery that, after deploying an inventory monitoring system, cut its inventory and distribution expenditures by USD 3 million in the first year. The bakery was able to obtain accurate and timely inventory information by maintaining closer tabs on and collecting more data about their items. Therefore, the advantages of barcode technology have made it one of the widely used methods for minimising mistakes and saving time, which is increasing company demand, providing chances for solution providers to target the supply chain segment for growth and revenue creation.
Security-Related Issues
The barcode technology that is currently in use is very sophisticated and a prime target for cybercriminals. Malicious barcodes put all users at grave danger. Using ASCII control characters and advanced data formatting (ADF) contained in barcodes, hackers may construct automated and complex system-wide attacks. The firewall system can simply be turned off as a result of security compromises. All crucial data and files can also be corrupted and deleted, disrupting the daily operations of businesses. The impact of this market limitation is lessened overall with investments made by the barcode software suppliers in research and development (R&D) projects to provide best in class and highly secure solutions for the businesses.
Increasing Demand for Modern Software Development Kits
Majority of Software Development Kits (SDKs) from various businesses are quite effective and sophisticated. SDKs make it possible to turn smartphones, tablets, and other wearable technology into scanners that are suitable for use in businesses. These SDKs have barcode scanning, augmented reality, text recognition, and ID scanning, among their capabilities. For instance, Scandit provides SDKs for native mobile apps that support augmented reality (AR), text recognition, and high-performance barcode scanning. It offers precise barcode scanning software that works with over 20,000 different mobile device models and all significant barcode kinds. The total processing speed and data security are increased since it takes place locally on the device, rather than in the cloud. In a similar vein, Zebra Technologies Corporation provides Scanner SDKs that make it simple to develop fully functional applications. These suppliers' SDKs allow users to gather, enhance, and manage all aspects of data collecting. All types of operating systems (OS), including Windows, iOS, Android, and Linux, are compatible with SDKs.
Market Segments
The Asia Pacific Barcode Software market is segmented based on Type, Application, End User, and country. Based on type, the market is bifurcated into 1D, 2D. Based on Application, the market is segmented into Package Tracking, Employee Attendance and Time Tracking, Asset Management, and Others. Based on End User, the market is segmented into BFSI, Transportation and Logistics, Manufacturing, Healthcare, Retail, and Others.
Market Players
Major market players of Asia Pacific Barcode Software Market are Bluebird, Inc., Capterra Inc., Denso ADC, Datalogic S.P.A., OCR Canada Ltd., General Data Company Inc., Honeywell International Inc., Motorola Solutions, NCR Corporation, Zebex Industries Inc.
Recent Development
- General Data Company plans to acquire AmeriGraph Packaging Group. Following this advancement, prime labels and shrink sleeve packaging for consumer products and packaged food are now included in General Data's label conversion capabilities. In order to better service its current clients, it has also expanded the company's portfolio by establishing a distribution hub for the Southeast area.
- Datalogic, a pioneer in data capture and process automation, announced release of MatrixTM320. It is recognised as the most effective and compact industrial fixed image-based barcode scanner, offering more performance and flexibility while also enhancing operator safety and lowering total cost of ownership (TCO).
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Type By Application By End User By Country |
| Regional scope | Asia Pacific |
| Country scope | China, Japan, India, Australia, South Korea, Malaysia, Singapore, Indonesia, Thailand, Vietnam |
| Key companies profiled | Bluebird, Inc., Capterra Inc., Denso ADC, Datalogic S.P.A., OCR Canada Ltd., General Data Company Inc., Honeywell International Inc., Motorola Solutions, NCR Corporation, Zebex Industries Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy