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2019-06-18
270
Global
Market Overview
Global portable printers market have witnessed huge demand in past few years majorly in emerging countries owing to technology advancement, which has improved over the years and its low cost of ownership. Also firms such as offices and institutions have started using printers at micro level rather than on macro level that pushed the manufacturers to focus on personalizing printers such as personal laptops and smartphones. Moreover, boost in e-commerce and logistic industry has also strengthened the growth of portable printers market in last few years as portable printers in the mobile employees management is crucial as most field and sale jobs involve on spot payments to be received.
Goldstein Research analyst forecast the global portable printer market to expand at a CAGR of 16.1% during the forecast period 2017-2025. Further, growing investments in research and development activities is likely to spur the growth prospects for this market until the end of 2025.
The report covers the present ground scenario and the future growth prospects of the portable printer market for 2017-2025 along with the total revenue of portable printer industry in every region. We calculated the market size and revenue share on the basis of revenue generated per segment, region and country level. The revenue forecast is given on the basis of number of portable printer manufacturers and current growth rate of the market.
By Printing Technology Type
By Product Type
By End Users
By Geography
Based on technology type, thermal printers accounted for the largest market share of more than 70% in global portable printer market in 2017. Moreover, thermal technology based printers are likely to dominate the market during the forecast period as these printers are extensively used in transportation and logistics, retail and healthcare industries.
Global Portable Printer Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global portable printer market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global portable printer market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.
Our Global Portable Printer Market report comprises of the following companies as the key players in the global portable printer market: Brother Industries, Honeywell Scanning and Mobility, Seiko Epson, Toshiba TEC, Zebra Technologies, Canon, HP, Lexmark and Printek L.L.C.
According to our global portable printer market study on the basis of extensive primary and secondary research, one major trend in the market is mobility and the cloud technology. In past few years there is a great market momentum observed within the portable printers market, where portable printer market leaders have been busy enabling their printers with various apps and platforms. Basic mobile applications, which include printing, photos, images, etc., aim the customer market and the enterprise mobile apps target the printing of professional documents like PDF, Microsoft Office Suite among others.
According to the report, major driver in global portable printer market is growing online business platforms. Online businesses including e-commerce, online food delivery services, grocery delivery services, and logistics have expanded significant over the last couple of years, majorly in the emerging countries of Asia Pacific, and Latin America. Along with the digital receipts, these businesses require on-demand barcode, printed receipts and label printing as per the consumer requirements, which is likely to grow over the forecasts period and will strengthen the market growth.
Further, the report states that one challenge in global portable printer market is strong market competition. Portable printers market consist of numerous vendors and is majorly occupied by top 5 players of the industry which could cause prices to fall, demand to shift toward lower-priced products, and unit shipments to decline of new and small market players.
Geographically, North America accounted for the largest market share with 35% revenue share in global portable printer market. North America is closely followed by the Europe, which occupied about 27% of the market share. However, the portable printers market is projected to be dominated by the Asia Pacific region during the forecast period owing to rapid adoption of portable printers by the retail, healthcare, transportation and logistics and manufacturing sectors of the region.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Key questions answered in this global portable printer market report
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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
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