Portable Printer Market Statistics and Forecast by 2023 - Analysis of Leading Market Players, Bixolon Co. Ltd, Brother Industries Ltd., Canon Inc., Fujitsu, Hewlett Packard Enterprise Development LP

The portable printer market was valued at $844.19 million in 2016 and is projected to reach $1,643.40 million by 2023, growing at a CAGR of 10.2% from 2017 to 2023. The features such as simplicity in terms of paper loading, flexible function, and wireless operation made it suitable for different industry verticals such as retail, healthcare, transportation, and others.

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A printer is a peripheral device that accepts input in the form of text or graphics through a digitally connected device and generates the 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.

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 an increase in demand for mobility and on-demand printing facility.

Asia-Pacific was the highest revenue contributor to the portable printer market in 2016, accounting for around 35.23% share, owing to a 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, an increase in the adoption of BYOD policy across industry verticals drives the market across the country.

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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.

Questions answered in Portable Printer Market research study:

-What is the market growth rate of Portable Printer Market from 2018-2023?
-What will be the global market size of the market from 2018 to 2023?
-Who are the leading global manufacturing companies in the Portable Printer Market?
-What are the major current trends and predicted trends?
-What are the challenges faced in the Portable Printer Market?
-Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?

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