October 5 2020
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.
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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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.
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.
North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW) are regions that have been included in the global mobile printer market for a better analysis. MRFR’s analysis takes a close look at these regions for a better understanding.
North America’s stand in the global market is the strongest due to prolific integration of the technology into various fields. This is also getting helped by digitalization. Infrastructural superiority also backing up the growth of the market. High expenditure capacity is assisting companies in integrating the system into various fields. At the same time, the presence of various market leaders are playing remarkable roles in taking the market ahead by implementing different strategic moves. The regional market is alo gaining substantially from the presence of the US and Canada who are providing holistic traction to the market.
The European market is also thriving on features quite similar to that of North America. In addition, high investment in the R & D sector is ensuring constant upgradation.
Asia The APAC market is expecting robust support from the burgeoning IT industry and improvement in retail and logistics sector. The market is poised to grow with the fastest speed. Several countries like India, China, South Korea, Japan, Thailand, Australia, and others are substantially cementing their market positions and are taking the regional market ahead.
Get Complete Report @ https://www.marketresearchfuture.com/reports/mobile-printer-market-3573
TABLE OF CONTENTS
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
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