Global Industry Analysts Predicts the World Document Scanners Market to Reach $7.2 Billion by 2026
Wednesday, September 22, 2021
SAN FRANCISCO, Sept. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Document Scanners - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 18; Released: April 2021
Executive Pool: 2721
Companies: 102 - Players covered include Agfa-Gevaert NV; BenQ Corporation; Canon, Inc.; Eastman Kodak Company; Fujitsu Ltd.; IBM Corporation; Inotec GmbH; NCR Corporation; Nikon, Inc.; Nuance Communications, Inc.; Ricoh Co., Ltd.; Seiko Epson Corporation; SMART Technologies ULC; Sony Corporation; Unisys Corporation and Others.
Coverage: All major geographies and key segments
Segments: Type (Flatbed Scanners, and Other Document Scanners
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Document Scanners Market to Reach $7.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Document Scanners estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$7.2 Billion by 2026, growing at a CAGR of 12.7% over the analysis period. Flatbed Scanners, one of the segments analyzed in the report, is projected to record a 13.3% CAGR and reach US$4.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Document Scanners segment is readjusted to a revised 11.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion in 2021, While China is Forecast to Reach $1.6 Billion by 2026
The Document Scanners market in the U.S. is estimated at US$1.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2026 trailing a CAGR of 16.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 11.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR((TM))
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
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SOURCE Global Industry Analysts, Inc.
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