QR Codes are a common sight now. Thanks to the increase in global smartphone penetration. It skyrocketed from 3.2 billion in 2016 and is estimated to be at 6.8 billion in 2023. This would translate to an annual increase of 4.2%.
According to Ahrefs reports, the worldwide (Google) search volume for the keyword “QR Code” has reached 2.5 million.
This indicates a substantial potential for dense traffic, suggesting a growing curiosity among people about the 2D barcode technology.
“Industries are increasingly recognizing the versatility and numerous benefits of QR Codes across various fields,” commented Claeys.
“For instance, restaurants have adopted interactive menu QR Codes as a substitute for physical menus, marketers utilize QR Codes to direct target audiences to online campaigns, and businesses integrate QR Codes for streamlined payment systems.”
Claeys highlighted the healthcare sector’s use of QR Codes to simplify contact tracing initiatives during the pandemic’s peak.
By simply scanning QR Codes, individuals can access and engage with the digital content embedded within the code.
In simpler terms, it’s a digital tool that enhances the convenience of information dissemination and acquisition for users.
Insider Intelligence (eMarketer) published a report projecting a growth in QR Code scanning to 99.5 million in 2025—a 19% increase from their 2022 data.
Furthermore, the recent surge in smartphone users with improved internet access is considered a key factor contributing to the popularity of QR Codes.
These factors directly impact global users’ ability to scan QRs, as contemporary smartphones with reliable internet connections allow users to access QR Code-embedded content effortlessly.
Bitly, a link management platform, also observed a substantial 750% increase in QR Code downloads in their 2021 report, indicating active and widespread usage.
According to a survey by Data Reports in October 2022, the total number of internet users worldwide has already surpassed 5.07 billion.
The number of unique mobile phone users has reached 5.48 billion, constituting over two-thirds of the world’s population.
We earlier showed you if people use QR Codes or not. From this, it is clearly evident that the use of QR Codes is soaring day by day. However, you might think—what is the QR Code usage in exact numbers? What are the actual QR Code statistics?
Here is a short video to give you a snapshot of QR Code statistics:
If you’re reading this, you know that publically available statistics on QR Code usage are very low. However, here is a compiled exhaustive list of data points available via research reports and databases.
QR Code Statistics—Global and the US
Of the total participants from Germany, a good 29% had used a QR Code. This number was 28% for France, and 26% for the UK and the US.
Hence, we can safely say that in general, 25-30% of populations in developed nations use QR Codes. And this was back in 2014. The usage has massively changed since then.
In 2019, Global Web Index conducted a study. This study showed the Global percentage of QR Code users. They were as follows:
- 8% in North America
- 13% in Latin America
- 15% in the Asia Pacific
- 10% in Europe and Middle East Asia
According to Statista’s projections, approximately 89.5 million Americans are expected to scan QR Codes using smartphones by 2024, and this figure is anticipated to rise to 99.5 million in 2025.
The increasing adoption of contactless payment, digital menus, and online retail within US industries has contributed to promising QR Code forecasts and trends in the country.
With this digital integration, it’s not surprising to witness the flourishing of restaurants, bars, retail stores, and hotels across the US.
Flagship stores and brands in the US have experienced enhanced engagement in their campaigns through the incorporation of QR-Code technology.
QR Code-based services have also resulted in improved table turnover for restaurants and bars.
According to a similar report from Statista, approximately 37% of respondents expressed their willingness to scan a QR Code for payment, particularly in restaurant or bar settings.
The utilization of QRs is on the rise among individuals in the United States. Almost 60% of surveyed US consumers express the belief that this technology is poised to become a permanent fixture in their lives.
This anticipated expansion can be attributed to the widespread availability of free QR Code generators and the integration of built-in scanners in the majority of new smartphones.
Given the growing adoption of QR Codes by US companies for marketing and events, it is hardly surprising that a majority of respondents from the United States perceive QR Codes as enduring elements of the technological landscape.
US and UK
In September 2020, Statista conducted a survey. It was about the increase in QR Code usage since shelter-in-place.
The survey included participants from both the US and UK. Among the respondents, 46.75% agreed on an increase in QR Code usage.
Another survey was conducted in the same month with the respondents from the two regions. It enquired them about the most secure location for scanning the QR Code.
A good 42.55 % felt most secure at a restaurant, bar, or café. On the other hand, 19.4 % felt the same level of assurance at a gym, pool, or any other fitness center.
Hence there is a huge potential for US marketers who are considering adding a QR Code to their print media campaigns. (Also see how Latin America is using QR Codes.)
In September 2020, Statista conducted a survey with Russian participants. It was to gauge their support for various measures taken to tackle the coronavirus. According to it, 64% supported the introduction of the system with passes, QR Codes, and other similar movements within the system.
It’s interesting to note that payments were the most frequent QR Code use case in 2021 in apparel stores. It made up ~27% of the total share. Furthermore, about 8% of all QR Code payments happened at insurance companies.
These numbers only indicate that people are now more aware of QR Codes than ever. And not just that, they’re even willing to use them for day to day activities.
This clearly indicates that the Russians have not only become more receptive to QR Codes but are supporting them too. This throws the doors open for the adoption of QR Codes for a wide array of use cases in the country.
Middle East and Africa
Digital payments in the United Arab Emirates (UAE) grew at an annual rate of over 9% between 2014 and 2019. This was higher than Europe’s average annual growth of 4% to 5%.
In September 2020, the MobileIron poll conducted a survey. The survey included consumers across Germany, the U.K, Netherlands Spain, and France. Among the respondents, over half of the respondents (54%) agreed to have seen the increase of QR Codes. This was since the pandemic began.
A recent survey by Statista shows that 90% of participants used a QR Code in the last month. 69% were also open to using QR Codes for future payments. It indicates that QR Code payments are on the brink of breaking into the mainstream post-pandemic.
A new study by market research firm Appinio says that 75% of consumers have scanned a QR Code on FMCG products. 87% of respondents favor policies that ensure product-specific information conveyed digitally is truthful and accurate.
This data shows the growing momentum of QR Codes in Europe.
The surge in QR Code Usage
According to Bluebite, the following surge in QR Code usage was reported from 2018 to 2020:
- 96% growth in QR Code Reach
- 94% surge in the number of interactions
- 98% increase in the number of interactions per object
This data clearly conveys an increase in QR Code usage over the years.
Here are a couple of more research that show the latest QR Code usage:
FMI: The QR Code labels market is projected to reach $2.1 billion by 2027. This means growth at a CAGR of 8.9%.
Juniper Research has predicted that the number of users doing QR Code will exceed 2.2 billion in 2025. This would be an increase from 1.5 billion in 2020. It translates to 29% of all mobile phone users across the world in 2025.
In fact, global spend via QR Code payments will reach over USD 3 trillion by 2025. This indicates an increase of 25% compared to 2022 (USD 2.4 trillion in 2022).
QR Code use cases and usage distribution by age group
You might think—for which purpose do people use QR Codes? And the answer is—many. One of the most popular use cases is—payments. And another such use case is—offering discount coupons via print promotions.
In 2017, people redeemed about 1.7 Billion coupons via QR Codes.
And in 2018, an estimated 3.27 Million households obtained a coupon via a QR Code.
This QR Code usage has increased continuously since then. The coupon redemption using QR Codes has quadrupled from 1.3 billion in 2017 to 5.3 billion in 2019.
Here are other ways you can use QR Codes for marketing, education, security, etc.
If you’re a marketer, you know how important it is to know your target audience. So you might think—while many people are actually scanning QR Codes, what age groups do they fall under?
And the answer to this question is—predominantly between 24 to 54 years of age.
According to a 2015 study by Scanlife, here is the distribution of global QR Code scanning audience by age:
The age group with the highest percentage of people scanning QR Codes was 34-44 years.
Again note that this was in 2015. Since then apps—popular with the younger generation—such as Snapchat, Pinterest, and WeChat—have added QR Code scanning features. This shows that this age distribution in 2018 is likely to shift towards the younger generation.
Statista published a report in June 2021. As per it, 45% of shoppers from the US had used a marketing-related QR Code. The data revealed the highest share was from the age group of 18 to 29.
59% of respondents said that QR Codes shall be permanent in mobile usage in the future.
Juniper Research also published some statistics in 2022. They predicted QR Code coupon redemption via mobile devices to quadruple to 5.3 billion in 2022 from 1.3 billion in 2021. It will grow even more in 2023. Great, right?
QR Code Usage in Payments—China, India, Global
WeChat—which is quite popular in China—made the nation obsessed with QR Codes in the last few years. The Chinese scan QR Codes to make payments, get information, authenticate themselves, avail offers, and practically every other use case.
According to CNN Tech, USD 1.65 Trillion in transactions happened via QR Codes in China in 2016.
Also, according to a 2015 survey by TNS Infratest and Google, the Chinese also lead in the percentage of people who have scanned a QR Code while shopping:
According to a study from 2018, 70% of China’s population regularly uses QR Codes for payments. This is a huge number.
And it’s worth mentioning that the contactless payment market is expected to hit $4.68 Trillion by 2027. It means an expansion at a CAGR of 19.8% from 2020 to 2027.
As per Tencent’s 2020 Pandemic report, for the first quarter itself, the economy from WeChat QR Codes shot up by 25.86% regardless of the tough macroenvironment.
Thanks to popular social media platforms in China! The QR Codes payments now account for over 90% of China’s mobile payments. This includes payment for food, clothing, housing, entertainment, education, etc.
A survey by China UnionPay, commercial banks, and other payment entities reveals interesting stats:
- 98% of respondents consider mobile payment as the most commonly used payment option
- People who scanned the QR Code was 85%, up by 6 points from 2019
- Chinese people use mobile payments 3 times a day on average, which rose 11 percent from 2019
In another update, citizens prefer gifting money via QR Codes instead of giving physical gifts.
In India as well, there has been a surge of QR Code transactions since the demonetization initiative by the Indian Government in Nov 2016. Paytm—one of the biggest payments platforms—had 6 Million merchants by the beginning of 2018. The company aimed to increase this to 10 Million by the first half of 2018. This was as reported by First Post.
As of October 2021, the usage of the Bharat QR Code grew above 4.5 million in India. Over 9 million merchants in India now accept QR Code payments.
Bharat QR Code aims to standardize QR Code payments across merchant outlets in India. Different payment networks collaborate with the National Payment Corporation of India to promote this.
A study further claims that the value of QR Code payments will rise from $62 billion in 2022 to $125 billion in 2026. This growth will be the result of the national QR Code standard and reduced cash usage.
The QR Code Payments Market is anticipated to witness a compound annual growth rate (CAGR) of 17.2% from 2023 to 2030, forecasting an increase from an estimated USD 9.5 billion in 2022 to USD 33.81 billion by 2030, according to the SNS Insider report.
A significant catalyst for growth is the strong adoption of QR Code payments within the retail and e-commerce sectors. Businesses operating in these domains are increasingly incorporating QR Code payment options, taking advantage of the seamless transaction experience they provide. The convenience of swiftly and securely completing purchases is reshaping consumer behaviors, propelling the prominence of QR Code payments in the retail landscape.
According to a GSMA and NTT Data report on QR code usage for payments, mobile point-of-sale (POS) payments are projected to contribute to $4 trillion, comprising almost half of all digital payments by 2024.
Josep Alvarez from NTT Data, in a discussion with Robin Amlot of IBS Intelligence, highlights that the prevalence of QR Codes, primarily driven by extensive adoption in China and Asia, is expected to expand in Latin America and Africa.
To elevate digital payment choices in the UAE, CCAvenue has introduced advanced QR Code payment solutions, ensuring a smooth and secure transaction experience for both businesses and consumers. The incorporation of QR Code payments by CCAvenue presents a convenient option for customers in the UAE to conduct transactions using their smartphones.
In a joint initiative to promote digital payments in Nepal and India, Fonepay and NIPL have unveiled their pioneering QR Code payment solution. This strategic collaboration seeks to meet the increasing demand for efficient and secure digital transactions, offering a user-friendly platform for consumers and businesses in both nations.
When examining regional dynamics, the uptake of QR Code payments varies across different geographical areas, influenced by a combination of cultural, economic, and regulatory factors. Asian markets, particularly China, have experienced widespread acceptance and integration of QR Code payments into daily transactions, driven by the prevalence of mobile payment platforms.
Conversely, certain Western markets have been more gradual in their adoption, primarily due to well-established card-based payment infrastructures. Nevertheless, as the advantages of QR Code payments become increasingly apparent, global momentum is expected to rise, with regional distinctions shaping the path of this transformative financial technology.
Regulatory frameworks, consumer preferences, and merchants’ willingness to embrace this technology all play roles in the distinctive regional dynamics influencing the QR Code payments market.
With diminishing disposable incomes and ongoing financial uncertainties, consumers are exercising greater discernment in their spending patterns. The focus on value-driven purchases is fundamentally transforming the QR Code payments market.
Users are progressively gravitating towards cost-effective and efficient payment solutions, rendering QR Codes an appealing choice for budget-conscious consumers. Governments globally are acknowledging the significance of digital payments, including QR Codes, in economic recovery. Initiatives advocating for cashless transactions and digital financial inclusion are gaining momentum. Consequently, the market is experiencing an upswing due to supportive regulatory frameworks and financial incentives, further fostering its expansion.
Impact of COVID-19 on digital payments
Covid-19 has even fueled Asia’s future in digital payment. According to McKinsey & Company, there is an 80/20 rise in digital payments. That means the digital user base will see a 20% increase, where 80% has been registered during the peak of Covid-19. This might remain for the long term even post-pandemic.
And not just Asia, the UK, and Europe are embracing QR Codes more than ever. Mobileiron conducted a survey across the UK and Europe to check the audience’s reliance on QR Codes. It reported that 86.66% of smartphone users had scanned a QR Code at least once in their lifetime. And 36.40 % scan at least one QR Code a week.
In addition to this, 46.81% of respondents agreed that QR Codes make life easier in a touchless world. But that’s not where it ends. A good 38.99% of respondents want to see QR Codes used more broadly in the future.
This is how QR Codes are shifting the paradigm of digitization in the UK too.
Here are some more interesting numbers on QR Code statistics:
- Gartner: COVID-19 has accelerated contactless commerce. 80% of payments and checkout services will be contactless by 2024
- Statista: 18.8% of US consumers believe there has been a rise in QR Codes usage after the pandemic.
- CNBC: QR Code downloads have increased by 750% since the pandemic hit the world
QR Code usage in other industries
QR Codes are the new norm in the restaurant business. From contactless menus to payments, QR Codes are doing it all.
In fact, according to the latest Restaurant Readiness Index report, 33% of the restaurant owners have accepted that QR Codes have enhanced their business.
From ordering food to checkout, QR Codes have covered it all. In short, it is optimizing the end-to-end experience for both customers and businesses.
Case Study by OrderUp: QR Code payments indicates growth of 240% by 2025. 63% of operators plan on investing in this type of technology in 2023.
Datasential: 58% of consumers would like the option of using a QR Code to pay at a restaurant. Among consumers who have used QR Codes to order and pay, 70% of them said that they had a positive experience.
43% of millennials and Gen-Z diners prefer contactless payment options when dining out. (2022 Future Restaurant Trend Report)
53% of millennials want to use mobile devices to augment their dining experience. Restaurants that fail to attract Millennials and Gen-Zers by not implementing a digital-driven strategy may see these generations’ retention rates drop by 43% or more. (Tacit)
82% of consumers view contactless as the cleaner way to pay, and contactless payments are up to 10 times faster than other in-person methods. This enables customers to get in and out of restaurants faster, turning tables faster. (MasterCard)
52% of all restaurants in the US have implemented QR Code menus. (Restaurant.org)
33% of restaurant owners using QR Codes have enhanced their business.
The Uruguay government, for example, has made it mandatory for high-street restaurants to place QR Codes on their premises. (Restaurant.org)
2. Food packaging
You probably have seen QR Codes on food and beverage packaging. They help to provide complete information, suggest recipes, or even show the entire product range.
Statista conducted a study in Canada in September 2016. It was about the usage of scanned food QR codes among consumers. 57% of users had scanned a food QR Code to get specific information about the product. And 43% had scanned a food QR Code to visit the brand’s website.
Moreover, 34% of the Canadian consumers scanned a food QR Code to get information about the product or company and to enter a contest.
The global smart packaging market, valued at $22 billion in 2020, will reach $38 billion by 2030. This exhibits a CAGR of 5.5% (Allied Market Research)
QR Codes have been at the forefront of smart packaging. The QR Code packaging market, valued at $5.3 billion in 2019. Indications suggest CAGR of 8% in the coming years (Packaging Insights)
57% of consumers have scanned a QR Code on food packaging to get more information (Statista).
43% of consumers said they’d scanned a QR Code on product packaging to visit a brand’s website. 34% scanned a QR Code to learn about the company or enter a contest, 25% did it to get a recipe, and 9% scanned a QR Code to play a game (Statista).
65% of Chinese consumers consider QR Codes on product packaging essential for building trust. (Packaging Insights)
3. Augmented reality
Augmented Reality (AR) is an integration of real-time information such as images, videos, and text with real-world objects. It aims to make the user experience interactive and fun.
And QR Codes make it easier to access. In fact, many brands are already using it to their advantage. As per an estimate, the AR market will be worth between USD 70 billion and USD 75 billion by 2023.
Moreover, according to the Snap Consumer AR Global Report 2021, the adoption rate of AR has increased rapidly. According to estimates, by 2025, 75% of the total global population will become frequent users of AR. The report also highlights that there has been a 94% increase in customer conversion rates thanks to the AR on products.
Since QR Codes help with easy access to AR, they are more likely to be used on a mass scale by businesses. You’d be enthused to know that AR and VR market is projected to grow by USD 162.71 billion by 2025.
COVID derived adoption of QR Codes
The pandemic has led many businesses and governments to adopt QR Codes for many unique use cases. Here are some of them:
- Carlsberg, a multinational brewer, has added QR Codes to various touchpoints. They can be scanned by the customers to gain points, accept event invitations, or even find details about a product
- In New South Wales, Australia, the government made it compulsory to use the QR Codes in shops, and cafes for contact tracing.
- The American giants such as Walmart, Starbucks, and Decathlon are using QR Codes for payments and loyalty accounts. Similarly, Nike, Home Depot, and Diesel are using them for marketing. On the other hand, Coca-Cola and Zara are trying to explore more use cases of QR Codes for their business
- Restaurants across the world have replaced their paper-based menus with Menu QR Codes. Guests can simply scan them to access the menu digitally on their phone
- China has recently mandated using QR Codes for health and travel. They’re in fact enforcing it to turn into a global mechanism
Here’s a report on more than 20 QR Code-related trends that the world has seen ever since the pandemic. Some of the hottest use cases of QR Codes is in NFTs (Non-fungible tokens) and gamification technology.
QR Code trends in 2023
1. Brands using AI-powered QR Codes for customer engagement
A. Coca-Cola’s AI-powered QR Code for promotion of limited edition drink
In September 2023, Coca-Cola incorporated AI-driven QR Codes onto the packaging of its exclusive beverage. These QR Codes directed customers to a dedicated webpage, allowing them to utilize their cameras to capture images of their present surroundings and visualize how they might appear in the future.
B. Scapia’s billboards with AI-powered QR Codes for outdoor promotional campaigns
In September 2023, the credit card company Scapia placed billboards featuring AI-enhanced QR Codes in multiple cities and busy airports. These QR Codes prompted passersby to envision their upcoming vacations and contemplate acquiring the Scapia card to visually turn those dreams into reality, showcasing various tourist destinations. Upon scanning the QR Codes, viewers were directed to a webpage highlighting the card’s features.
C. Coca-Cola’s AI-powered QR Codes to boost out-of-home (OOH) engagement
In August 2023, Coca-Cola introduced AI-driven QR Codes in movie theaters, stadiums, and theme parks as a component of their out-of-home (OOH) campaign to showcase their music platform, ‘Coke Studio.’ These QR Codes directed viewers to the promotional video crafted for the campaign. According to the brand, the objective was to enhance engagement by offering visually appealing and interactive QR Codes.
2. Brands using QR Codes on digital and print media
A. L’Oréal Paris’s QR Code enabled AR campaign for product launch
In December 2023, L’Oréal Paris, the beauty company, placed a billboard with a QR Code above the Sephora store in Times Square, New York, to introduce its latest product. Beauty enthusiasts had the opportunity to scan the QR Code on the digital billboard, triggering a real-time augmented reality (AR) experience that displayed the new hair oil flowing from the advertisement and enveloping Times Square. Furthermore, viewers had the option to redeem a complimentary sample at the nearby Sephora outlet, establishing a seamless and instant brand connection between the digital and physical realms.
B. AR QR Code for community promotion by Disney and Verizon
In November 2023, Disney collaborated with the worldwide telecommunications company Verizon to offer an augmented reality (AR) encounter titled ‘Wish on a Star.’ This experience enabled users to scan a QR Code, unveiling an AR display showcasing a constellation symbolizing the aspirations of underprivileged children. Viewers had the opportunity to contribute by selecting a star and directing their donations towards the betterment of these children. The campaign aimed to generate awareness for Disney’s upcoming movie ‘Wish’ while employing whimsical approaches to encourage community participation.
C. Ikea’s Blue Bag with QR Code for AR experience
In June 2023, the home furnishing brand Ikea designed a 3D sculpture of the iconic Big Blue Bag, standing at 19 feet tall, and equipped it with a QR Code for a touring exhibition across the United States. Upon scanning the code, viewers were treated to an augmented reality (AR) experience, where Ikea products appeared to soar out of the bag. Additionally, the audience received discount coupons that could be redeemed at the store.
3. Corporations partnering with TV streaming platforms
In December 2023, Walmart incorporated QR Codes into a well-known TV series on NBCUniversal, allowing streaming audiences to buy merchandise featured in the episodes. Throughout the shows, viewers were presented with ads showcasing products from the series. Using their remote controls, viewers could browse the product carousel, use arrow keys to scan a QR Code and finalize the purchase on walmart.com.
B. Barbie’s QR Code
In July 2023, Warner Brothers collaborated with Roku, a TV streaming company, to promote the film ‘Barbie.’ As part of this initiative, Roku streaming TVs featured a banner on the home screen containing the movie trailer and a QR Code. Audience members had the option to scan the QR Code and purchase movie tickets.
4. Instances where the entertainment industry used QR Codes
A. QR Code in Netflix movie ‘Leave the World Behind’
In December 2023, the Netflix film ‘Leave the World Behind’ included a QR Code in one of its scenes, specifically integrated into the map of the United States. This code was associated with the coordinates of an abandoned amusement park, sparking significant curiosity among the audience.
B. WWE QR Code
In March 2023, the WWE (World Wrestling Entertainment) displayed a QR Code on-screen during its live wrestling broadcasts. Upon scanning, the code redirected viewers to an image containing various clues related to the wrestlers participating in the WWE 2K23 Championship.
5. QR Codes on products for consumer engagement
A. QR Code on Pringle’s moustache
In October 2023, Pringles incorporated a QR Code into the mustache of their mascot, leading users to a communication platform. This tool offered access to mental health resources and facilitated engaging conversations.
B. QR Codes on Hershey’s gift package
In August 2023, Hershey’s, the chocolate company, introduced QR Codes to its holiday gift packages in India. Scanning the code triggered a set of inquiries about the customer’s siblings. After answering the questions, customers received a personalized message generated by AI, which they could then share with their siblings.
6. QR Codes being used to share the guidelines for enhanced safety of tourists
A. QR Codes on Oceanside lifeguard towers, California
In September 2023, lifeguards in Oceanside, California, implemented QR Codes on every lifeguard tower to inform beach visitors about current conditions. Scanning the QR Code directed users to a website offering real-time beach information, including details on weather, water temperature, surf height, lifeguard tower status, and other safety-related information.
B. QR Codes on Dubai’s holiday homes
In May 2023, the Department of Economy & Tourism (DET) in Dubai issued a directive requiring owners of holiday homes to install QR Codes at the entrance. The purpose was to furnish visitors with crucial details about both the property operator and the DET. Additionally, these QR Codes facilitated convenient inspections of the holiday homes by DET officials.
C. QR Codes in rental cars for tourist safety in Mexico
In April 2023, the implementation of QR Codes in rental cars commenced in the city of La Paz, Mexico, aiming to enhance tourist safety. Scanning the QR Code provided access to a bilingual information page in both Spanish and English, detailing Mexican driving laws.
7. Government authorities incorporated the use of QR Codes
A. QR Codes at under-construction projects in India to strengthen the grievance redressal mechanism
In July 2023, an urban authority in India introduced signages featuring QR Codes at under-construction projects. Upon scanning, the QR Code offered contact information for the agency and contractor involved in the projects, aiming to enhance the grievance redressal mechanism.
B. Parking signs with QR Codes in Dubai
In June 2023, the Road and Transport Authority of Dubai introduced 17,500 signs with QR Codes across parking zones, catering to the 80% of motorists who favor mobile payments. These signs presented four QR Codes corresponding to various payment methods, streamlining the process for users making direct payments for parking.
C. QR Code-based grievance redressal system for a housing society in India
In April 2023, an Indian municipal corporation introduced QR Codes on residential buildings within societies to provide swift access to information, including details about owners, location, contact information, water service connection, and deposits. These QR Codes also streamline processes for submitting complaints and making property tax payments.
Potential QR Code trends for 2024
1. Increased use of QR Codes in generative AI-driven marketing
According to a report by Market Us in Oct 2023, as more companies and organizations recognize the potential of AI to automate and enhance creative processes—the generative AI market size is projected to grow at a CAGR of 31.4% from 2023 to 2033. It is widely predicted that artificial intelligence will drive enormous changes, particularly in the field of marketing.
AI-generated designs can significantly enhance creativity, providing a competitive edge over others. Generative AI systems possess the ability to generate QR Codes with distinct patterns—including personalized images, colors, and shapes. AI-generated QR Codes can improve engagement, tailor marketing, and collect useful data for companies. This year the early adopter brands introduced AI-powered QR Codes for better customer engagement. With further adoption of the technology, it is expected that brands will leverage AI-generated QR Codes for personalized branding and enhanced customer experience
2. Increased use of QR Codes with the latest technologies such as AR and VR
According to a 2023 report by Statista Market Insights, the AR and VR market is expected to grow at a CAGR of 10.77% from 2024 to 2030. While augmented reality (AR) enables users to experience the digital realm in the physical world, virtual reality (VR) enables users to explore and interact with a virtual environment in a manner that approximates reality. When combined, these technologies give users fully immersive experiences
These technologies have also brought a whole new world of Metaverse into life. Reports suggest that the Metaverse market is expected to grow at a CAGR of 10.77% from 2024 to 2030. The same report indicates that the market for Metaverse products and services has much potential across different verticals.
QR Codes create an ideal connection between the digital and real worlds. Popular companies have already adopted QR Codes to provide immersive experiences to their clients. As more companies follow suit, it is anticipated that the global digital revolution will lead to a significant rise in QR Code usage.
3. Increased use of QR Codes for first-hand data collection
Businesses have traditionally used third-party cookies to gather customer information for advertisement. However, by gathering and selling customer information without their permission, third-party cookies directly violate consumer privacy. As a result, third-party cookies are already prohibited by Apple and Firefox. Google plans to phase them out by late 2024. With third-party cookies becoming obsolete, businesses will have to focus on a first-party data strategy to continue understanding customer preferences and drive targeted ad campaigns.
One of the best ways to collect first-hand consumer information without compromising their privacy is with QR Codes. Conversion-optimized QR Code landing pages make it easy for brands to gather customer data while interacting with them. Due to their increased global recognition and customer adoption, an increasing number of enterprises will employ QR Codes as a secure data collection tool. The GDPR and SOC 2 data compliance features that most sophisticated QR Code generators provide address the issue of data protection.
4. Increased use of QR Codes for geo-location based promotions
As per the location-based services global market report 2023, the global location-based technologies market is expected to grow at a CAGR of 26.5% from 2023 to 2027. Businesses extensively use location-based services for geo-location-based promotions. According to a survey conducted back in 2020, 95% of global companies were already using location-based services and data to reach customers. An upsurge in the use of smartphones and GPS-enabled devices is likely to make location-based services even more popular in the future.
It is anticipated that as location-based promotions expand, so will the usage of QR Codes. As QR Codes can be linked to geo-location data, businesses can use them as a tool to target prospects based on their location. This can enable businesses to create location-specific promotions/content, drive foot traffic to stores, or guide prospects to new products/services
Scanova is an easy-to-use QR Code Generator that helps marketers create, design, manage, and track QR Codes for operational and promotional use cases. Founded in 2013, the company has helped over 100,000+ businesses and marketers create QR Codes, including Amazon, Cisco, Johnson & Johnson, Intel, 7-Eleven, Aon Hewitt, and Levis.