Mobile Printer Industry: Latest Innovations and Forecast 2023

   2020-09-29       16        Business
Rating :
Market Research Future published a research report on “Mobile Printer Industry Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Overview 

Mobile printers can be defined as printers which use wireless network connections, are portable and can be operated from anywhere, anytime. The Mobile Printer Industry is poised to showcase an impressive CAGR of 17% and attain a valuation of USD 8,351.12 Mn over the forecast period of 2027-2023, asserts Market Research Future (MRFR) in an extensive study.

Convenience is the main selling proposition of mobile printers. Mobile printers can print anytime, anywhere from handheld devices without requiring print drivers. They facilitate seamless mobility which is a major advantage.

The proliferation of mobile phones, tablets and other smart devices with sophisticated features is among the principal factors driving the growth of the global Mobile Printer Industry. The explosive growth of mobile applications which are capable of running

Adoption of mobile printers across various industry verticals also boosts the growth of the global mobile printers market. They can be utilized for an array of applications such as ticketing and labeling, printing barcodes, receipts, invoices to radio frequency identification (RFID) tags.

Availability in multiple designs to meet the needs of a variety of applications coupled with rapid advancements made in design and technology which results in new product launches fosters the growth of the global Mobile Printer Industry.

However, with growing digitization and advent of cloud computing, more information is being stored online and transferred via the internet which has led to a decline in the need for information to be printed for distribution and retention which might have a negative impact on the growth of the global mobile printer market.

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Key Players

The prominent players in the Global Mobile Printer Market are – Canon Inc.  (Japan), Honeywell Scanning And Mobility (U.S.), Seiko Epson Corporation (Japan), Toshiba Tec Corporation (Japan), Zebra Technologies (U.S.), Hewlett-Packard (U.S.), Polaroid Corporation (U.S.), Brother Industries, Ltd., (Japan), Printek (U.S.), Star Micronics Co., Ltd.  (Japan) Among Others.

Segmentation

MRFR’s take on the global mobile printer market is based on an extensive segmentation that includes output, technology, and end-user. This segmentation is based on expert analyses backed by data from volume-wise and value-wise readings.

  • Based on the output, the global mobile printer market comprises document, barcode labels, receipts, pictures, and others. The labels segment is gaining substantial traction due to its huge use in the packaging industry. The barcode industry is also enjoying same sort of popularity.
  • Based on the technology, the global mobile printing market includes Bluetooth, infrared data association, Wi-Fi, and others. The infrared data association segment has the largest market coverage. This can be operated from a long distanci and in all direction, which is why it is garnering accolade.
  • Based on the end user, the global mobile printing market consists corporate offices, retail, healthcare, residential, and others. The retail segment is expected to gain high growth during the forecast period.

Regional Analysis

North America, Europe, Asia Pacific (APAC), and the Rest of the World"

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.



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