Portable Printer Market by Technology (Inkjet, Thermal, and Impact) and Industry Vertical (Healthcare, Retail, Telecom, Transportation & Logistics, and Others)

The features such as simplicity in terms of paper loading, flexible function, and wireless operation made it suitable for the different industry verticals such as retail, healthcare, transportation, and others. Asia-Pacific is expected to be the fastest growing regional segment in the near future, with the highest CAGR. Asia, with countries such as China, India, and Australia is an emerging market for portable printer market. The increase in penetration of handheld devices such as smartphone and tablet across the region and rapid technological advancement across the industry verticals are driving the portable printer market growth in the region.

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.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/4545?utm_source=OPR

A printer is a peripheral device that accept input in form of text or graphics through digitally connected device and generate 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 provide mobility to the user. The businesses are expanding their operations across the globe and they are also focusing on innovating and modernizing their business in terms of technology, work management, and resource management. The traditional office printers require a huge space and it is difficult to move from one place to another. It is bulky in shape and require proper maintenance. The portable printers or mobile printers are smaller in shape and hence, can be easily movable. Few examples such as ticket printing for a passenger while travelling, receipt print out through the ATM machine, and many more applications require quick print outs. Portable printer makes it possible easily and quickly, drives the demand for portable printer in the market.

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.

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, several industry verticals, such as banking, financial services, and insurance (BFSI), healthcare, retail, manufacturing, education, and government have adopted bring-your-own device (BYOD) policy. Now-a-days, the companies are implementing BYOD policy, as it minimizes the purchase and management cost of the equipment and also supports the changes in needs of business. This in turn propels the growth of portable printer market.

Make a Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/4545?utm_source=OPR

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 portable printer market.

Analyst Review:

Portable printer allows the user to print the document as on demand via Bluetooth or USB cable through the connected device. The portable printer market is expected to reach $1,643.40 million by 2023, owing to rise in online business, growth in internet penetration, and increase in adoption of smart and connected devices. However, rise of investment on digitization across various developing nations might limit the adoption of portable printer.

Rise in mobile workforce management among industries and increase in adoption of BYOD policy across various industries, which drive the demand for portable printer. This enables the end users to perform the tasks and maintain documentation at office space or remote location as per the requirement or based on the need to capture the data.

In 2016, Asia-Pacific was the highest contributor, in terms of revenue, in the portable printer market. In addition, thermal technology based printer has contributed significant revenue to the market, majorly from the U.S. Furthermore, the Telecom segment is anticipated to witness the highest growth rate during the forecast period, due to heavy investment in optical fiber installations and digitization across the developing nations.

Key market players have adopted various strategies, such as new product launch, business expansion, and strategic alliances, to increase awareness about portable printer across various countries.

Access Full Summery @ https://www.alliedmarketresearch.com/portable-printer-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.