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The Portable Printer Market size is forecast to increase by USD 20.62 billion at a CAGR of 27.17% between 2023 and 2028. The growth of the market depends on several factors, including the growing demand for combining mobility and document solutions, the need for convenient printing solutions, and the need to adhere to industry sustainability standards. In the United States and globally, portable printers, which are small-sized and battery-operated, enabling mobility and efficient functionality, are gaining traction as the unique selling proposition of these devices is expected to drive the market during the forecast period, as businesses and consumers seek convenient and sustainable 3D printing solutions that can be easily integrated into their mobile workflows and support their document management needs.
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The Market is witnessing significant growth due to the increasing demand for smart devices and mobile printers. Bluetooth technology enables the connection of mobile printer to smartphones and tablets, making it convenient for business travelers, healthcare professionals, and hospitality industry workers to print documents on the go. The market is also driven by the demand for high-speed printing, easy paper loading, and compact size in sectors like manufacturing, logistics, and transportation. The trend of remote working and digital infrastructure development is boosting the demand for portable printers. The increasing internet penetration and IoT devices usage in e-commerce and barcode printing industries are also contributing to the market growth. Mobile users prefer thermal printing technology for its quick drying and durability. Inkjet and impact technology are also popular due to their ability to print various document formats. The portable printer market is expected to continue its growth trajectory with the digitization of industries and the increasing need for customer experience enhancement.
One of the key factors driving the market growth is the growing demand for combining mobility and document solutions. Factors such as the rising demand for combining mobility and document solutions have significantly increased the need to make portable printers compatible with smart devices and applications. There is a growing adoption of mobile devices such as smartphones and laptops to enable employees to work remotely.
As a result, several prominent vendors in the market are providing solutions that help these employees connect their mobile devices, such as laptops, with portable printers. For example, Brother Industries Ltd. offers A6/A7 Mobile Printers that can be connected to mobile devices such as tablets, smartphones, and laptops to produce high-quality printouts. Some of the advantages of these printers include portability, and they are also lightweight, which makes them suitable for employees who are working remotely. Hence, such factors are expected to drive market growth during the forecast period.
A key factor shaping the market growth is the increasing demand for compact portable printers. Factors such as the rising demand for these printers from small workgroups, homes, and offices. These printers are mostly preferred by professionals who work at home and they seek lower operating costs for maximum profitability without having to compromise on the quality and performance of the printer.
Furthermore, they tend to prefer products that occupy less space, as they are working from small homes and office space. Hence, there is a growing popularity for compact portable printers that can provide excellent print quality and are equipped with mobility features for easy printing using a smartphone. Hence, such factors are expected to drive the global market growth during the forecast period.
The growing focus of enterprises on paperless work is one of the key challenges hindering the market growth. One of the key factors impacting the market is the emergence of technological advancements in cloud-based solutions. Users can easily access their documents remotely by using mobile devices due to the advent of cloud storage solutions such as Google Drive and Dropbox.
Hence, this will significantly impact the demand for portable printers among the end-user segments. In terms of enterprise requirements, advances in display technology can be a significant threat as the development and deployment of digital signage and large screen-size display for business promotions, are minimizing the need for paper or pamphlets-based promotion. Hence, such factors are expected to hinder the global market growth.
The thermal segment is estimated to witness significant growth during the forecast period. Factors such as flexibility, low-maintenance, high print quality output, and durable nature are making thermal printers ideal for mobile printing. One of the main advantages of thermal printers is they enable printing in extreme heat and cold situations.
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The thermal segment was the largest segment and was valued at USD 3.11 billion in 2018. Some of the key features of thermal printers are that they are easy to maintain, print at a faster speed with low noise, and are compatible with devices such as smartphones and tablets. There is a growing adoption for thermal printers among large end-user segments due to their flexibility which enables the printers to integrate with currently used printing and labeling systems in retail businesses. Several vendors in the market offer ultra-compact thermal mobile printers under the brand name Epson TM-P20 2 Mobile Thermal POS Receipt Printer. One of the main features of these printers is that they are equipped with near-field communication (NFC) functionality that allows mobiles or tablets to be easily paired with the printers. Hence, such applications are expected to drive the growth of this segment which in turn will fuel the global market growth during the forecast period.
The increasing demand for the inkjet printer segment from various end-user industries is expected to increase the global market growth during the forecast period. These printers commonly use ink to print graphics, images, and text on various types of paper. These types of printers are widely used in small offices, especially commercial printing companies as they are easier to move around and only occupy less space. These printers provide enhanced image quality, especially with color photos as they use ink technology. Hence, such applications are expected to fuel the growth of this segment, which, in turn, will increase the global market growth during the forecast period.
The wide applications of portable printers are fuelling the adoption of these printers in the transportation and logistics segment which, in turn, is increasing the market growth during the forecast period. Some of the various applications of portable printers in the transportation and logistics segment include printing pallet labeling, warehouse labeling, delivery receipts and tickets on the move, airline labels, post labels, and rail, bus, and train tickets. It also enables enterprises in product tracking, inventory management, and financial reporting as these portable printers have the capability to connect with systems of enterprises in the logistics industry through mobile telephone technology. Hence, such applications will fuel the growth of portable printers in this segment which in turn contribute to the growth of the global market during the
The growing adoption of portable printers in the retail business segment to streamline the process is fuelling the market growth of this segment during the forecast period. Several vendors are offering an array of mobile printing solutions that enhance retailers make quick decisions, which, in turn, will help them streamline their businesses. For instance, Brother Industries Ltd. offers solutions such as the RuggedJet Series, which is rugged and compact. One of the main features of these printers are, they are wireless mobile printers, which are easy to use and reliable to print anywhere across the retail environment. Hence, such features and applications will fuel the growth of portable printers in this segment which in turn contribute to the growth of the global market. Hence, such factors are fuelling the growth of this segment during the forecast period.
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APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main factors for the significant growth of the global transplant box market in APAC is factors such as the proliferation of high-level automation across industries and verticals and the increasing awareness and demand for operational efficiency to drive business process optimization and productivity. Also, APAC is expected to offer greater opportunities for market growth due to the high rate of adoption of mechanization across industries such as transportation and the emergence of e-commerce platforms. Some of the key countries in APAC, such as Japan, Australia, and South Korea, have developed a strong user base for portable printers in order to achieve the end goal of flawless operational streamlining, productivity, and reliability. Hence, such factors are expected to drive the market growth in the region during the forecast period.
The Market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Canon Inc: The company offers portable printers such as Selphy CP1500 wireless compact photo printers.
Citizen Watch Co. Ltd: The company offers portable printers such as CMP 20II mobile printers.
Fujitsu Ltd: The company offers portable printers such as Fujitsu FTP 62H portable printers.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
The market is witnessing significant growth due to the increasing demand for smart devices and mobile printers. Bluetooth technology enables seamless connectivity between mobile devices and printers, making it convenient for business travelers, healthcare professionals, and hospitality industry workers. Key industries driving the market include manufacturing, logistics, and transportation. Demand analysis for remote working and increasing internet penetration are also contributing factors. The integration of IoT devices and e-commerce platforms with portable printers enhances the customer experience for mobile users. Thermal printing technology is popular in the portable printer market due to its compact size, high-speed printing, and easy paper loading. Inkjet and impact technology are also used, depending on the specific application requirements. Major players in the portable printer market include Canon, Seiko Instruments, and Fujifilm Holdings. Strategic alliances, product offerings, and revenue contribution from these competitors are essential factors shaping the market landscape. Printing technology advancements, such as digitization and digital infrastructure development, are influencing the market's growth. The compact size, wireless capabilities, and high-speed printing of mobile printers make them essential peripheral devices for various industries. Document formats, such as barcode printing, are also crucial in sectors like logistics and transportation. Inkjet, thermal, and impact technology each have their unique advantages, catering to different industries and applications. In conclusion, the portable printer market is expected to continue growing due to the increasing need for digitization, digital infrastructure development, and the convenience offered by mobile printers.
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Market Scope |
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Report Coverage |
Details |
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Page number |
186 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 27.17% |
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Market growth 2024-2028 |
USD 20.62 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
20.99 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 35% |
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Key countries |
US, China, Germany, UK, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
BIXOLON CO., LTD., Brother Industries Ltd., Canon Inc., Citizen Watch Co. Ltd., CognitiveTPG, Fujitsu Ltd., HiTi Digital Inc., Honeywell International Inc., HP Inc., Lexmark International Inc., Oki Electric Industry Co. Ltd., Oracle Corp., C and A Marketing Inc, Primera Technology Inc., Printek LLC, SATO Holdings Corp., Seiko Epson Corp., STAR MICRONICS Co., Toshiba Corp., and Zebra Technologies Corp. |
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Market dynamics |
Parent market analysis, market growth analysis, market research and growth, market forecasting, market report, market forecast, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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