A printer is a peripheral device that accepts input in the form of text or graphics through a digitally connected device and generates printed document for the user. Printers vary in shape, size, speed, and cost. The portable printer is a kind of handy printer that can be easily moved and provides mobility to the user.
According to a new report by Allied Market Research, titled, Portable Printer Market by Technology (Inkjet, Thermal, and Impact) and Industry Verticals (Healthcare, Retail, Telecom, Transportation & Logistics, and Others): Global Opportunities Analysis and Industry Forecast, 2017-2023, the portable printer market was valued at $844.19 million in 2016, and is projected to reach at $1,643.40 million by 2023, growing at a CAGR of 10.2% from 2017 to 2023.
Asia-Pacific was the highest revenue contributor to the portable printer market in 2016, accounting for around 35.23% share, owing to surge in demand for mobility for printing across industry verticals and rapid digitization has contributed to the growth of the portable printer market in this region. Furthermore, increase in adoption of BYOD policy across industry verticals, drives the market across the country.
In 2016, thermal technology segment dominated the portable printer market in technology type segment, in terms of revenue. Moreover, transportation & logistics segment witnessed significant growth, due to increase in demand for mobility and on-demand printing facility.
The report features a competitive scenario of the portable printer market and provides a comprehensive analysis of key growth strategies adopted by major players. The key players profiled in the study are Bixolon Co. Ltd, Brother Industries Ltd., Canon Inc., Fujitsu, Hewlett Packard Enterprise Development LP, Honeywell International Inc., Polaroid Corporation, Printek LLC, Toshiba Tec Corporation, and ZEBRA Technologies. These players have adopted competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.
Key Benefits for Stakeholders
- This report provides an extensive analysis of the current and emerging market trends, and dynamics in the portable printer market.
- In-depth analysis is conducted by constructing global portable printer market estimations for the key market segments between 2016 and 2023.
- Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the portable printer industry framework.
- Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global portable printer market.
The key players operating in the Portable Printer market are Bixolon Co. Ltd, Brother Industries Ltd., Canon Inc., Fujitsu, Hewlett Packard Enterprise Development LP, Honeywell International Inc., Polaroid Corporation, Printek LLC, Toshiba Tec Corporation, and ZEBRA Technologies.