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Global Portable Printer Market 2016-2020 - Growing Digitalization - Key Vendors are Brothers, Honeywell & Seiko Epson - Research and Markets

[May 24, 2016]

Global Portable Printer Market 2016-2020 - Growing Digitalization - Key Vendors are Brothers, Honeywell & Seiko Epson - Research and Markets

Research and Markets has announced the addition of the "Global Portable Printer Market 2016-2020" report to their offering.

The global portable printer market is set to grow at a CAGR of 17.32% during the period 2016-2020.

An emerging trend in the global portable printer market is the availability of end-to-end solutions based on vertical expertise. Falling ASPs and increased competition have led vendors to innovate and integrate business models, while manufacturers have developed their expertise over the downstream supply chain. They are coming up with new business solutions where the vendor not only provides the end product offering such as portable printers but also a solution to deliver business intelligence and insights into the customer enterprise and value chain.

According to the report, a key growth driver is the increasingly mobile workforce and on-the-go printing requirement. The mobile workforce system is gaining popularity in many IT workplaces and other enterprises, as it enables companies to provide better field services. The worldwide mobile workforce population is increasing rapidly, with 1.29 billion people in 2015. Many business models require a mobile workforce because of benefits such as increased productivity, high visibility, real-time access to valuable data, compliance, streamlined workflows, and reduced downtime.

Further, the report states that growing digitalization and the increased adoption of e-readers are posing a challenge to the portable printers market.

Key Vendors: