Asia Pacific Mobile / Portable Printers Market to Reach $3.7 Billion by 2023
Increasing adoption of smart devices, booming online businesses and
rising demand for cloud printing solutions to drive Asia Pacific mobile /
portable printer market through 2023
According
to TechSci Research report, “Asia-Pacific
Mobile / Portable Printers Market By Technology, By Output, By Country,
Competition Forecast & Opportunities, 2013 - 2023”,
Asia-Pacific mobile / portable printers market is projected to cross $ 3.7
billion by 2023. Anticipated growth in the market can be attributed to increasing
internet penetration and rising adoption of various smart devices such
as smartphones, tablets, etc., across Asia-Pacific Moreover, growing need for
advanced, easy to use and portable printing solutions across the region is further
boosting demand for mobile / portable printers due to their compactness in size
and capability to perform various tasks, simultaneously. Furthermore, rising
shift towards cloud computing is anticipated to aid growth of the market during
the forecast period.
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On the basis of
output, Asia-Pacific
mobile / portable printers market is categorized into barcode labels, receipts
and paper documents. In 2017, the barcode labels segment accounted for the
largest share in the market, and the segment is likely to maintain its leadership
position through the forecast period as well on account of growing consumer products industry, which is
propelling demand for labels and barcodes for retail and logistics purposes. Among
technology types, thermal printers dominate the market as they are easy to use
and can be used for multiple tasks. Seiko Epson Corporation, Brother Industries
Ltd., and Zebra Technologies, Inc. are some of the leading companies operating
in Asia-Pacific mobile / portable printers market.
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“Governments of different countries are
focusing on installation of automated tolling systems in order to enhance their
respective transportation system networks, which is expected to boost demand
for mobile printers across Asia-Pacific. Moreover, increasing competition among big and
small players to expand their distributor network and presence, besides
offering advanced products is further expected to positively impact the
region’s mobile / portable
printers market during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Asia-Pacific Mobile / Portable Printers Market By
Technology, By Output, By Country, Competition Forecast & Opportunities,
2013 - 2023” has
evaluated the future growth potential of the Asia-Pacific mobile / portable
printers market and has also provided the statistics and information on market
structure, size, share and future growth. The report intends to provide
cutting-edge market intelligence and help decision makers to take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
existing in Asia-Pacific mobile/portable printers market.
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