Barcode Label Market (2019-2029) | Aditya Barcode Technologies, TSI America, Inotec Barcode Security GmbH & Others
Barcode labels are used for quick data storing and retrieving. Barcode labels include a representation of the company and product-related information in line and number format. They consist of small black parallel lines of varying widths and gaps which allow companies to obtain real-time data. Some barcode labels are comprised of numbers and pictures which increases their efficiency. Information regarding manufactures name, type of product, product number and price are included in barcode labels. Barcode labels prove useful when there is a need to increase performance, efficiency, and profitability across the supply chain.
Barcode labels are used in different sectors like FMCG, healthcare, transportation, and banking. Barcode labels are also used in places like post offices, passport offices, airports, car and bicycle rental service providers, and colleges.
Barcode Label market: Dynamics
Barcode labels help to extract accurate data of the product or services within microseconds; hence the driving force for using barcode labels is to reduce human error. The second major factor for using this technology is data security. Every organization want to encrypt their data with high level security which will not be easily traceable by the outsiders.
It is very challenging to manage inventory location, and it's pricing at mass level by the employee which might involve training. Companies can reduce training time and cost by using this system. Barcoding saves company time in terms of data re-entry. This also helps to trace outgoing shipments and equipment, and helps in optimizing the supply chain
Download Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9424
Despite the positive outlook, few technologies might hamper the growth of barcode label market. Radio Frequency Identifier (RFID) has an IC chip that stores and retrieves data. These IC chips have more capacity to store data compared to barcode labels. However, barcodes are more economical as compared to RFID technology. RFID consists of big programs which increase data recovering process time which is very less in barcode labels. Barcode labels work effectively on metals and water and the advance barcode technology also work in dust regions. On the reverse side, RFID does not function in such conditions. The collision of data happens when RFID is used for multiple code scanning at the same moment which is not possible in the case of barcode labels.
Barcode Labels Market: Trend
The barcode labels market is continuously influenced by advancements in high-end technologies. Nowadays, user-friendly barcode label scanners are available in smartphones which increases convenience. The latest barcode in the form of Quick Response codes stores 100 times more information in smaller space and arranging data in 2 directional way. This consist of minimum error margin.
Barcode Label market: Segmentation
Depending upon code writing technology, the combination of numbers and alphabets and as per industry standards barcode labels are segmented as:
By technology, Barcode labels market is segmented into,
1 Directional barcode labels
2 Directional barcode labels
HD barcode labels
Holographic transparent barcode labels
By combination, barcode labels are segmented into
Numeric barcode labels
Alphanumeric barcode labels
By industry standards, barcode labels are segmented into
Interleaved 2 of 5
Universal Product Codes (UPC)
International Article Number (IAN)
Quick Response Codes (QR code)
By printing methods used for barcode labels, it is segmented into:
Direct thermal barcode labels
Thermal transfer barcode labels
Barcode Label market: Regional Outlook
Barcode labels are accepted by all countries and are used for different purposes. However, the growth of barcode label market is defined depending upon the growth of respective sectors. Countries like India, China, and Malaysia are leading in terms of retail sector development. Hence the demand for barcode label is more in these countries. On the contrary the U.S., Russia and Brazil have a highly developed retail sector. Therefore, it is anticipated that these countries will register moderate growth due to market segmentation.
In the banking sector, Developing countries are anticipated to register healthy growth rates during the forecast period.
The demand for barcode labels from pharmaceutical companies is expected to be more in regions such as North America, Western Europe, and Asia Pacific countries.
To have better networking and automation in libraries, barcode labels have higher growth in demand in universities in countries such as Brazil and India etc.
Download Methodology of Report @ https://www.futuremarketinsights.com/askus/rep-gb-9424
Barcode Label market: Key Players
Following are the barcode label manufacturers operating in the industry -
Aditya Barcode Technologies
Inotec Barcode Security GmbH
General data Company, Inc.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
T (UK): + 44 (0) 20 7692 8790
Press Office: Press@futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Barcode Label Market (2019-2029) | Aditya Barcode Technologies, TSI America, Inotec Barcode Security GmbH & Others here
News-ID: 1747737 • Views: 590
More Releases from Future Market Insights
Hormone Replacement Therapy Market COVID-19 Impact and Global Analysis by Produc …
Hormone Replacement Therapy is any form of hormone therapy where in the patient, in course of medical treatment, receives hormones, either to supplement a lack of naturally occurring hormones, or to substitute other hormones for naturally occurring hormones. Menopause, is the time in most women's lives when menstrual periods stop permanently, and the woman is no longer able to have children. Menopause typically occurs between 45 and 55 years of age.
Critical Care Information Systems Market Key Players- Affiliated Computer Servic …
Critical care information systems are used to help manage the large amount of data generated in an intensive care unit every day. Obtaining, synchronizing, assimilating, and evaluating patient data is very difficult because of incompatibilities among monitoring equipment, the absence of standard data formatting and proprietary limitations from industry. The intensive care units are a specialized section of a hospital containing the equipment, medical and nursing staff, monitoring and life
Paper Cores Demand Catalyzes amid High Emphasis on Circular Economy: FMI Study
The global packaging industry has made remarkable progress in recent years, with numerous innovations and technological advances prioritized. Particular emphasis is placed on ensuring sustainability and the spread of the circular economy. Reliable benefits have been obtained in reducing the generation of municipal solid waste. Future Market Insights is a recently published research report that incorporates historical analysis from 2015 to 2019 and future assessments from 2020 to 2030 to
Endometrial Cancer Treatment Market Key Players- R-Pharm-US LLC., Bristol-Myers …
Endometrial cancer or uterine cancer is one of the most common gynecological cancers and 2.8% of women are diagnosed with the endometrial cancer at some point in their lives. According to National Cancer Institute statistics, in 2015 endometrial cancer contributed to 1.8% of all cancers and 3.6% of all new cancer cases were diagnosed as endometrial cancer. Early detection of endometrial cancer helps in the selection of proper treatment options.
More Releases for Barcode
Generate Barcode with Desired Barcode Size using New Enhanced Barcode Generation …
What's New in this Release? Aspose team is pleased to announce the new release of Aspose.BarCode for Java 18.7. This new version of the API introduces a more powerful API for BarCode generation. It gives users more power for generating BarCodes with desired information. Starting from Aspose.Barcode for Java 18.7, this release introduces a new BarCode generation API. The new API, represented by BarcodeGenerator class, is simple but powerful enough to
Barcode Label Market Professional Survey Report 2017
This report studies Barcode Label in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Browse Full Report: https://www.reportsandmarkets.com/reports/global-barcode-label-market-professional-survey-report-2017-1623070 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering 3M, Intermec, TSC, ULINE, Zebra, Nitto, DELI, HP, Avery Dennison, Smead
Global Barcode Printers Market Research Report 2017
Barcode Printers Market :Global Industry Analysis,Capacity,Production,Price ,Revenue, Size, Share, Growth, Trends, and Forecasts 2017-2022 Barcode Printers Market:Overview:The Global Barcode Printers Industry 2017 Market Research Report is an expert and inside and out review on the momentum condition of the Barcode Printers business. Right off the bat, the report gives an essential outline of the business including definitions, groupings, applications and industry chain structure. The Barcode Printers showcase investigation is accommodated the global
GS1 Barcode Processing & Improved QR Coded Barcode Recognition using Java
What's New in this Release? Aspose team is pleased to announce the new version of Aspose.BarCode for Java 17.04.0. The major development in this release is the enhanced functionality of GS1 coded barcode. GS1 code format can contain complex elements with digits and letters. Enhanced GS1 barcode functionality now can parse and validate these complex combinations. Improved QR coded barcode recognition functionality has also been incorporated in this release. Aspose.BarCode for
Barcode Integration with SSRS 2014 & Barcode Text Generation Process for PDF417 …
What's New in this Release? Aspose team is happy to announce the new release of Aspose.BarCode for Reporting Services 17.2.0. The major development in this release is addition of more barcode properties in the properties window of SSRS designer e.g. EncodeType. All properties in the properties window of designer have been reorganized. Improved ConfigLicense tool has also been incorporated in this release. There are some important enhancement part of this release,
e-con Systems Launches Barcode scanning application
ST. LOUIS, USA and CHENNAI, India — Sep 30th 2014 — e-con Systems Inc., a leading camera systems integrator announces the launch of the Spica (http://www.e-consystems.com/Barcode-Scanner-SDK.asp?prsep14) - a barcode scanner application compatible with any Windows OS based platforms, including Windows embedded. Spica is compatible with any Direct Show camera. Spica supports 2D barcode such as AZTEC, Datamatrix, QR Code and 1D Barcodes such as Codabar, Code 39, Code 128, EAN-8,