The increasing shipment of industrial scanners explained

One can observe that, the growth in factory automation, particularly in Americas, has led to the increasing shipment of industrial scanners. The growing need for data accuracy and data storage are some of the major factors contributing to the rise in market revenue.

According to Technavio Research, the rise in demand for barcode scanners to make inventory management more efficient is also a key market driver.

The firm also reveals that, the Global industrial scanners market is projected to grow to USD 2.13 billion by 2021, at a CAGR of nearly 7%.

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Here is what explains the growing adoption of courier management software

For many analysts , the increasing need for inventory level management and the movement of goods in real time to minimize the lack-of-stock situations are the major reasons for the growth of the market. Increased product availability and reduced inventory costs are also driving the market growth, according to Technavio Research.

The path to success in today’s omni-channel market

Steadily, it is interesting to observe that , manufacturers and retailers plan to prioritize investment in big data and predictive analytics over the next years. In fact, companies are realizing that the path to success in today’s omni-channel market is to analyze and react to consumers’ preferences and behaviors, ultimately truly understanding how, why, and in which manner they wish to shop. On this momentum , data-driven technologies can help companies make more informed localized merchandising decisions that, in turn, enhance the shopping experience for the customer and improve the brand’s bottom line.

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