Market Research Future published a research report on “Mobile Printer Market Research Report – Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
Mobile printers can be defined as printers which use wireless network connections, are portable and can be operated from anywhere, anytime. The global mobile printer market 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 market. 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 Market.
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.
Printed (U.S.), Toshiba Tec Corporation (Japan), Hewlett-Packard (U.S.), Polaroid Corporation (U.S.), Star Micronics Co., Ltd.(Japan), Honeywell Scanning And Mobility (U.S.), Canon Inc. (Japan), Brother Industries, Ltd. (Japan), Zebra Technologies (U.S.), and Seiko Epson Corporation (Japan), are reputed players in the mobile printer global market as registered by MRFR. .
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The global mobile printer market has been segmented based on output, and end user.
By output, the global mobile printer market has been segmented document, barcode labels, receipts, pictures, and others.
By technology, the global mobile printing market has been segmented into Bluetooth, infrared data association, Wi-Fi, and others. The infrared data association segment is likely to be the largest segment. Infrared data association can be operated from a long distance, around 30 feet in omni-direction which makes it popular among consumers.
By end user, the global mobile printing market has been segmented into corporate offices, retail, healthcare, residential, and others.
Detailed Regional Analysis
In APAC, the growing adoption of mobile printers in different industry can boost the rise of the mobile printer global market. The rise in application of mobile printer in printing barcodes, ticketing and labelling, receipts, and invoices to radio frequency identification (RFID) tags can support the expansion of the regional market. In addition, the increase in utility of RFID tags in the booming e-commerce segment of the region can impel the expansion of the market across the analysis period. In North America, the availability of mobile printer in multiple and effective designs that meet various applications requirements can prompt the expansion of the regional market. In EU, the rapid advancements in design and technology of mobile printer that allows the launch of new products can fosters the rise of Europe mobile printer market.
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