Hangzhou Grow Technology Co., Ltd
Address: Room 310, Building B, Building 1, No. 279, Shiqiao Road, Xiacheng District, Hangzhou
Tel:86 571 86688123
Email:winni@hzgrow.com
Fax:86 571 89922886
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NEWS CENTER
Barcode module sales trends and changes
As a bar code module supplier, we deeply understand the importance of it to our lives, but also deeply understand that this small module whether in the past or in the future has an extremely important role for us, which can be seen in the current sales market of the entire bar code module.
In the use data of bar code module, more than 10 bar codes are scanned and used in the world every year, and the industry field is extremely extensive, covering from life to business. It helps us improve the efficiency of work with fast and accurate performance, reduce the error rate, and better deal with the problems encountered in life and work.
In terms of sales, it is more obvious that it is indispensable, only in our China, the market size of bar code modules has reached tens of billions of yuan, and in emerging economies like this in Asia, not only our China, which shows that with the development of the economy and the progress of science and technology, the demand for bar code modules is rapidly expanding.
According to the market research institute report, the global bar code market size has continued to expand in the past few years, and is expected to continue to grow at a compound annual growth rate of about 6% in the next five years. From the Americas to Asia, from Europe to Africa, barcode technology will be adopted by more and more countries and enterprises, becoming an integral part of global supply chain management.
Of course, the pace of science and technology will not stop, with the continuous progress of AI and Internet of Things technology, the future of the bar code module will certainly change, such as it may be connected with more devices, achieve a wider range of information interaction, provide more intelligent services, larger capacity of information storage, and faster data transmission speed.
There are also many people think that with the emergence of face recognition, the bar code may be replaced, I think there is no need to have this concern, face recognition does have a certain impact on the status of the bar code, but it will not be replaced, because any technology can not be without defects, the appearance of the face, will only make the bar code module appear in a more excellent attitude.