January 17, 2014
A new market report from Reportlinker, titled Global Mobile Printers Market Forecast & Opportunities 2018, discusses the mobile printing market’s future growth, with expectations that it will reach a value of $11.87 billion (€8.71 billion) by 2018 across the globe.
The site states that the mobile and portable printer market “came into existence in 1985”, and that by 1990 the machines were “widely available and were being extensively used in retail, transportation and hospitality” industries, with “initial adoption” seen in the North American and European markets.
The industry started with dot-matrix machines, but with “various technological advancements” inkjet and thermal machines are “widely used”, with the thermal-based devices using a “special type of thermal paper instead of ribbon or cartridges”, which “reduce[s] the replacement or refilling costs” of the devices.
In terms of regional markets, Reportlinker believes that the Asia-Pacific market will be the “highest revenue generator” before Europe, North America, South America, Middle East and Africa, as with the “growth of online retailing, [the] need for [a] mobile workforce has increased exponentially”, in turn resulting in a growth in demand for such devices.
Categories : Products and Technology