Scanner Global Market Report 2024

The scanner market size has grown strongly in recent years. It will grow from $2.67 billion in 2023 to $2.83 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historical period can be ascribed to the trend of document digitization and going paperless, the automation of business processes, adherence to government regulations and compliance, requirements in library and archiving, and the demand from the educational sector.

The scanner market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The anticipated growth in the forecast period can be linked to the integration with cloud services, the prevalence of remote work and collaboration tools, the digitization of the healthcare industry, advancements in 3D scanning, and increasing consumer adoption for personal use. Key trends expected in the forecast period encompass a focus on energy efficiency, the surge of portable and handheld scanners, integration with document management software, the incorporation of enhanced security features, and the adoption of AI and machine learning.

The growth of the scanner market is expected to be propelled by the increasing demand for digitalization and automation. Digitalization involves converting analog information into a digital format, while automation enables tasks to be executed automatically without periodic interference. Scanners play a vital role in this process by converting physical documents into digital format, facilitating easy storage, access, and processing by computers. For example, data from the International Monetary Fund in March 2023 revealed a 6-percentage-point increase in digitalization across advanced economies on average. Additionally, Eurostat reported in August 2022 that over 90% of EU SMEs should achieve a basic level of digital intensity by 2030. Consequently, the rising demand for digitalization and automation is a driving force behind the growth of the scanner market.

The scanner market's growth is further expected to be fueled by the increasing demand for sheet-fed scanners. Sheetfed scanners are designed to scan loose sheets of paper and are widely used by businesses for scanning office documents. The preference for paper digitization in businesses is driven by cost reduction in document management, including savings on paper and various office supplies. Additionally, digitization helps save office space previously allocated for paper records. As a result, the growing demand for digitization is anticipated to boost the demand for sheet-fed scanners, contributing to the overall growth of the scanner market.

The availability of alternatives, such as scanning documents through smartphones, poses a potential hindrance to the growth of the scanner market during the forecasted period. Advancements in smartphone technology have equipped devices with scanning features, including 3D scanning capabilities. For instance, Google launched the Stack smartphone application in March 2021, allowing users to scan various documents, such as IDs, bills, and receipts. The application utilizes AI technology to organize scanned documents based on essential information and converts them into PDFs. The presence of alternative scanning options through smartphones may restrain the market growth for traditional scanners during the forecast period.

The scanners market is being significantly influenced by technological advancements. Businesses in the scanner industry consistently invest in emerging technologies to enhance their revenue streams. For example, in July 2023, Canon Inc., a Japan-based imaging technologies company, introduced the imageFORMULA R30 document scanner. The Canon imageFORMULA R30 is a versatile and user-friendly scanner designed for home offices and small businesses, capable of batch scanning double-sided documents of up to 60 sheets. It includes CaptureOnTouch Lite software, enabling users to convert scanned documents into various file formats and make them searchable using keywords.

Major companies in the scanner market are actively engaged in the development of innovative and advanced products to establish a competitive edge. Innovative and advanced products in this context refer to scanners incorporating advanced image scanning and innovative paper handling capabilities, ensuring the delivery of high-quality scanning results. For instance, in August 2023, Voxelgrids, an India-based Healthtech startup, launched an advanced and cost-effective MRI scanner poised to revolutionize healthcare accessibility. The company has successfully developed a state-of-the-art MRI (Magnetic Resonance Imaging) scanner, significantly more affordable than comparable conventional models, thereby eliminating access barriers for billions of people who were previously unable to afford such technology.


Major companies operating in the scanner market report are Hewlett-Packard Development Company LP, Honeywell International Inc., Fujitsu Limited, Canon Inc., Seiko Epson Corporation, Xerox Corporation, Brother Industries Ltd., Zebra Technologies Corporation, Contex A/S, SATO Holdings Corporation, Epson America Inc., Faro Technologies Inc., Iris Software Private Limited, Creaform Inc., Opticon Inc., Dymo Industries Inc., Metrologic Group SAS, Image Access Corp., Handheld Group Ltd., Zeutschel GmbH, Artec 3D Inc., Microtek International Inc., Plustek Inc., Visioneer Inc., Metrologic Instruments Inc., Platypod Pro LLC, EVA Vision Ltd., Qidenus Technologies GmbH, EasyScan BV, Colortrac Ltd.

The Asia-Pacific was the largest region in the scanner market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global scanner market report during the forecast period. The regions covered in the scanner market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the scanner market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary types of scanners include flatbed scanners, sheet-fed scanners, drum scanners, handheld scanners, and others. A flatbed scanner is an optical device equipped with a flat glass surface for scanning documents. These scanners are available both through online and offline stores and find applications in both individual and commercial use.

The scanner market research report is one of a series of new reports that provides scanner market statistics, including scanner industry global market size, regional shares, competitors with a scanner market share, detailed scanner market segments, market trends and opportunities, and any further data you may need to thrive in the scanner industry. This scanner market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The scanner market consists of sales of scanners, which are input devices that can be connected to computers to optically scan images, print texts, handwritings or objects, and convert them to digital images. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.