Increasing demand for smart devices such as smartphones, tablets, rapid expansion of online businesses, and rising demand for compact, lightweight, easy paper loading portable printers from various industrial sectors are key factors boosting market growth
mobile printer market size is expected to reach USD 10.32 Billion in 2028 and register a CAGR of 17.4%, according to the latest report by Emergen Research. Key factors such as rising Bring Your Own Device (BYOD) trend across various verticals, increasing adoption of internet-connected devices, and availability of high-speed internet connectivity are driving global market revenue growth.
Global Mobile Printer market that offers key insights about the regional and global scope of the Mobile Printer market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
A mobile printer also called as portable printer that generates hard copies of data gathered through Bluetooth, USB, or wireless connections such as WiFi. There has been a steady shift from traditional printers to mobile printers in recent years due to features such as compact design, higher accuracy, flexible function, easy portability, among others. These mobile printers are used across various sectors including retail, residential, healthcare, logistics, corporate offices, or hospitality owing to features such as easy paper loading, wireless connectivity, and high-speed printing.
Moreover, various market players are investing in research and development activities to develop a variety of novel products with additional features. Factors such as high usage of mobile printers in logistics for Radio-frequency Identification (RFID) labels and barcode printing, increasing demand for receipt printers in transportation and retail sector for printing receipts, sample tracking, shipment labels generation, token generation are supporting growth of the mobile printer market. However, factors such as increasing investments and rapid adoption of digitization, and increasing advancements in cloud computing are expected to hamper growth of the mobile printer market up to a certain extent during the forecast period.
For more credibility, the intelligence report provides valuable data on key driving forces, prominent players, emerging trends, gross margin, customer preference and profit across various regions for the forecast period, To help product owners design a robust plan the study takes a closer look at the product pricing, technology innovation, key competitors, product launches, product pipeline and major driving forces.
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The report also discusses the key players involved in the market such as Fujitsu Limited, Seiko Epson Corporation, Xerox Holdings Corporation, Hewlett Packard Enterprise Development LP, Canon Inc, Lexmark International, Inc., Honeywell International Inc., ZEBRA Technologies, Polaroid Corporation, Citizen Systems Japan Co., Sato Holdings Corporation are some major players operating in the mobile printer market. and others as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Mobile Printer market
Sales revenue by key players and new entrants
Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight to recent trends and opportunities
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Mobile Printer market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.
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The report further segments the global Mobile Printer market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.
For this study, Emergen has segmented the global mobile printer market based on type, technology, output, end-use, and region:
Type Outlook (Revenue, USD Billion, 2018 – 2028)
Technology Outlook (Revenue, USD Billion, 2018 – 2028)
Output Outlook (Revenue, USD Billion, 2018 – 2028)
End-Use Outlook (Revenue, USD Billion, 2018 – 2028)
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key highlights in the report:
Among the type segments, the thermal segment is expected to register rapid CAGR throughout the forecast period. Thermal printing is commonly used for printing labels and receipts as these last longer, are easy to maintain, and can withstand extreme weather conditions.
Based on technology, the Wi-Fi segment is expected to account for significant revenue share over the forecast period. Technological advancements in wireless technology, increasing penetration of internet, and rising demand for high speed and wider range are key factors boosting segment revenue growth.
Based on output, the barcode labels segment is expected to account for largest revenue share over the forecast period owing to high usage of barcode labelling in various industrial applications.
North America is expected to account for largest revenue share throughout the forecast period. Advancements in wireless communication technology, high penetration of smartphones, laptops, internet and Wi-Fi services, availability of a wide range of mobile printers, and high demand for mobile printers in SMEs are key factors boosting North America market growth.
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
The research provides answers to the following key questions:
What will be the market size and growth rate of the Mobile Printer market for the forecast period 2021 -2028 across different regions?
What are the key driving forces expected to shape the future of the industry worldwide?
What strategies are the prominent vendors adapting to stay ahead of their competitors?
Which major trends are impacting the development of the Mobile Printer market worldwide?
Which factors can hinder, challenge or even restrict the expansion of the Mobile Printer market worldwide?
What are the opportunities or future prospect for the business owners operating in the market for the forecast period, 2021 – 2028?
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