Global Portable Printer Market Industry Analysis, Key Players, Share, Trend, Seg
Posted by rohit890 on February 14th, 2020
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.
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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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.
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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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