Industry Background:
The boost in e-commerce, as well as the logistics industry, has strengthened the growth of portable printers in the forecasted period. Portable Printer is an exterior device that allows the user to produce a hard copy of the data stored or gathered using digital devices via Bluetooth or universal serial bus (USB). It is wireless, compact, and smaller in nature, and it can be easily transportable & carried out from one place to another. There are various features of portable printers including high-speed printing, lightweight design, and easy paper loading makes it beneficial & easy to use. Global portable printers market have witnessed huge demand in the past few years majorly in developing nations owing to technology advancement, which has enhanced over the years and its low price of ownership. Portable printers are classified as inkjet, thermal, and impact based on technology. This allows faster & accurate effective documentation as well as data processing.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Brother Industries Ltd. (Japan), Canon Inc. (Japan), Fujitsu (Japan), Hewlett Packard Enterprise Development LP (United States), Honeywell International Inc. (United States), Polaroid Corporation (United States), Toshiba Tec Corporation (Japan), ZEBRA Technologies (United States), Seiko Epson Corporation (Japan) and Xerox Corporation (United States) |
According to AMA, the market for Portable Printer is expected to register a CAGR of 15.35% during the forecast period to 2028. This growth is primarily driven by High Demand due to Compact Size & On-Demand Printing Capacity, Rising Growth in Internet Penetration & Rise in Adoption of Smart Devices and Growth in Mobile Workforce Management among Industries.
Globally, a noticeable market trend is evident Upsurge in Adoption of BYOD Policy
The Machinery & Equipment sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Brother Industries Ltd. (Japan), Canon Inc. (Japan), Fujitsu (Japan), Hewlett Packard Enterprise Development LP (United States), Honeywell International Inc. (United States), Polaroid Corporation (United States), Toshiba Tec Corporation (Japan), ZEBRA Technologies (United States), Seiko Epson Corporation (Japan) and Xerox Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global portable printer market appears to be fragmented and with the presence of several key players. The competitive environment is quite intense. Factors including the need for convenient printing solutions as well as the introduction of advanced security solutions in portable printers will offer significant growth opportunities to portable printer manufactures.
On 19th June 2018, Brother International Corporation, a leading provider of printers and multifunctional printers for the small and home office environments has launched its new lineup of color inkjet all-in-one printers designed to meet the needs of home and home office users. The approximate price is 79 dollars.
Influencing Trend:
Upsurge in Adoption of BYOD Policy and Increasing Introduction of Advanced Security Solutions in Portable Printers
Market Growth Drivers:
High Demand due to Compact Size & On-Demand Printing Capacity, Rising Growth in Internet Penetration & Rise in Adoption of Smart Devices and Growth in Mobile Workforce Management among Industries
Restraints:
Rise in Investment on Digitization across the World
Opportunities:
Huge demand due to Research & Development on Better Battery Runtime Time & Availability of More Number of Pages and Technological Advancement in Portable Printers
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Portable Printer Market
- Analysis about New Entrants in Portable Printer Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Portable Printer Study Sheds Light on
The Portable Printer Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Portable Printer industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Portable Printer industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.