Thermal Printers to Witness High Demand in Europe Portable Printers Market through 2023: TechSci Research
Rising use of barcode scanners across various sectors coupled with growing inclination towards the concept of Bring Your Own Device (BYOD) to positively influence Europe mobile / portable printers market through 2023
According to TechSci Research report, “Europe Mobile / Portable Printers Market By Technology, By Output, By Country, Competition Forecast & Opportunities, 2013 – 2023”, Europe mobile / portable printers market is forecast to reach $ 2.5 billion by 2023, primarily due to rising use of barcode scanners across various sectors like retail, logistics, etc. Moreover, growing need for advanced, easy to use and portable printing solutions across various sectors is further boosting demand for mobile / portable printers in Europe as these printers are compact in size and are capable of performing various tasks simultaneously. Additionally, rising shift towards Bring Your Own Device (BYOD) is further likely to positively influence Europe mobile / portable printers market over the next five years.
On the basis of technology type, Europe mobile / portable printers market is segmented into Thermal, Inkjet and Impact. Thermal printers dominated the market in 2017 and are expected to continue their dominance during forecast period as well due to their high demand across various sectors and their high efficiency. Among output type, ‘Barcode Labels’ is the leading segment and is likely to maintain its dominance in the coming years as well. However, other segments including ‘Receipts’ and ‘Paper Document’ are also anticipated to witness growth during the forecast period.
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“With rising mobile workforce across Europe, adoption of mobile printers is also likely to increase in the coming years. Moreover, growing e-commerce industry, which uses barcode label printers for logistics and billing, is augmenting demand for portable printers across the region. Furthermore, emergence of smart printers with various features like high-speed processors and extensive memory would further steer growth in Europe mobile / portable printers market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Europe Mobile / Portable Printers Market By Technology, By Output, By Country, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of the Europe mobile / portable printers market and has also provided the statistics and information on market structure, size, and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities existing in Europe mobile/portable printers market.
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