Global Portable Printer Market demand and forecast research to 2025


Posted July 22, 2020 by rohit890

Widespread adoption of internet enabled mobile devices that include smartphones, tablets, and laptops across iOS, Android, Windows platforms

 
Market Overview

Widespread adoption of internet enabled mobile devices that include smartphones, tablets, and laptops across iOS, Android, Windows platforms has led to significant paradigm shift in the productivity of the professional workers from enclosed business places to remotely cater to the daily business requirements. Furthermore, despite the proliferation of digitalization, enterprises are expected to continue to rely on printing for their business activities. Requirement to cater to the mobile workforce requirements in conjunction with extension of communication support with these mobile devices will continue to propel the portable printer market growth over the forecast period.

According to survey conducted by Quorcia, around 70% of the organizations have witnessed at least one incidence of data breach owing to the mobile printing. Owing to the printing capability of these technologies from mobile locations, through any form of wired or wireless communication, mobile printing is faced with considerable threats from confidential information left in output trays of the printers. However, portable printers can be used to avoid these incidences, and the required document can be produced as per the requirements, regardless of the users’ location. This feature is expected to remain among the prominent growth driver of the industry.

The global portable printer market was valued at US$ 464.7 million in 2016 and is expected to witness a CAGR at 7.7% during the forecast period (2017 – 2025).

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Market Dynamics

Increasing popularity of on-the-go printing and rapidly expanding mobile workforce are among the chief factors driving the portable printer market growth. Moreover, increasing popularity and requirement of mobile workforce to enhance the business productivity, streamline workflows, reduce downtimes at the selling point, and provide better consumer experience through their field services will present significant growth opportunities over the forecast period. For instance, retail industry, logistics, and other such business segments experience critical requirement for these printing devices as most jobs require on the spot transactions, receipt generation, tokens, shipment tracking, and shelf edge labelling for efficient inventory management. Thermal printing is an inkless means of producing hard copies. These are featured with optimum printing speeds, low print & maintenance costs, and are available in multiple compact models. Owing to the above mentioned advantages, it is expected to remain the largest technology segment.

Detailed Segmentation:

Global Portable Printer Market, By Technology:

Thermal Printer

Inkjet Printer

Impact Printer

Global Portable Printer Market, By Output Type:

Barcode, Labels and Ticketing

Receipts

Documents & Others



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Key companies covered as a part of this study include Bixolon, Brother International Corporation, Canon Inc., Fujitsu Isotec Limited, Honeywell International Inc., Oki Printing Solutions, Seiko Epson Corporation, Star Micronics Co., Ltd., Toshiba Tec Corporation, and Zebra Technologies Corporation.

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Issued By coherent market insights
Country India
Categories Advertising , Blogging , Industry
Last Updated July 22, 2020