Global Market Research Company US Global Mobile Portable Printers Market Forecast an | Page 13

Industry Brief
Global Mobile and Portable Printers Market to Cross $ 10 Billion by 2023
According to TechSci Research report, “Global Mobile/Portable Printers Market By Technology, By
Output, By End User, By Region, Competition Forecast & Opportunities, 2013 – 2023”, the
mobile/portable printers market, globally, is forecast to surpass $ 10 billion by 2023. The key factors that
are anticipated to drive the market include rising demand for advanced, easy-to-use and portable printing
solutions, growing e-commerce and third-party logistics sectors, expanding mobile workforce population
and increasing demand for improved mobility solutions. Moreover, surging internet and smartphone
penetration, demand for cloud printing solutions to ease the process of printing coupled with increasing
trend of Bring Your Own Device would propel demand for mobile/portable printers, which are compact in
size and capable of performing various tasks, simultaneously.
By technology, thermal printers dominated the global mobile/portable printers market in 2017 and the
trend is expected to continue during the forecast period, owing to their affordable prices, ease of usage
and high efficiency. Backed by a huge population base, robust retail and logistics sectors, and increasing
government efforts, especially across major developing economies, towards encouraging domestic
manufacturing and exports, Asia-Pacific is anticipated to generate huge demand for mobile/portable
printing solutions in the coming years. Moreover, the region’s mobile/portable printers market is
anticipated to be supported by government initiatives towards traffic management and digitalization.
Retail sector is the largest end user of mobile/portable printers across the globe, owing to increasing
penetration of e-commerce along with growth of brick and mortar retail outlets.
“With increasing demand for smart mobile printers across various sectors due to their high-speed
processor and large memory, the global mobile/portable printers market is growing at a robust pace.
Furthermore, strong demand for the installation of automated tolling systems by various governments to
increase operational efficiencies at national highways and expanding transportation systems would also
positively influence the market over the course of next five years”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting firm.
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