Global Mobile Printer Market Overview:
Mobile Printer Market Size was valued at USD 1.19 Billion in 2023. The Mobile Printer market industry is projected to grow from USD 1.29 Billion in 2024 to USD 2.36 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.78% during the forecast period (2024 - 2032). Portability and convenience, rise in mobile workforce, advancements in wireless technology, mobile printing apps, growth in mobile commerce, improving print technology, affordable options, environmentally friendly solutions, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Mobile Printer Market Trends
-
Rise in mobile workforce is driving the market growth
The rise in the number of mobile workers has greatly spurred the growth and expansion of the market for mobile printers. The way people work has drastically altered in recent years, and more and more professionals are choosing to work remotely or on the go. This transition has been aided by technological developments like cellphones, tablets, and laptops that allow people to work and stay connected away from traditional office settings. As the mobile workforce keeps growing and alters how people approach printing tasks, the demand for portable and useful solutions, such as mobile printers, has surged.
In the past, printing was mainly done in offices because fixed printers were conveniently located there. However, the requirement for printing documents and materials when traveling has become essential as more employees work remotely from locations such as hotels, coffee shops, and client sites. Mobile printers are the perfect option since they help mobile workers print contracts, presentations, invoices, and other crucial documents directly from their smartphones or tablets. This convenience enhances productivity while reducing time spent traveling back to the office or using outside printing services.
The mobile workforce is made up of experts in a range of industries, including sales, marketing, healthcare, logistics, and field services. The specific printing requirements of each of these industries are catered for by mobile printers. Salespeople can need to print contracts or sales pitches during client meetings, while healthcare workers might want portable printers to print patient information or drugs. Due to their adaptability and device compatibility, which offer a unique solution for many different industry sectors, mobile printers are growing in popularity.
The increasing use of mobile devices at work has had a big impact on mobile printer sales as well. Because they enable them to access crucial information, communicate with coworkers and clients, and do a range of tasks while on the road, modern professionals view smartphones and tablets as essential tools. Mobile printers are a useful addition to these tools since they enable mobile workers to easily turn digital content into tangible copies when necessary. Employees may stay productive wherever they are with the help of a mobile office setup made up of mobile printers and mobile devices.
Due to the expanding mobile workforce, there is a greater need for effective collaboration and communication solutions. Remote workers today rely on cloud-based applications and file-sharing services to interact with their coworkers and access data while on the go. In response to the changing environment, mobile printers now support cloud printing. Employees can now access and print data without first moving it to another device thanks to the ability to print directly from cloud storage providers.
The market expansion of mobile printers has been influenced by the expanding trend of combining work and personal life. As they try to manage their personal and professional lives, professionals are managing work-related tasks outside of the workplace more frequently. In these situations, mobile printers allow you the flexibility to complete printing tasks swiftly while upholding your obligations to others. The blending of work and personal life has boosted the demand for durable, user-friendly mobile printers. Thus, driving the Mobile Printer market revenue.
Mobile Printer Market Segment Insights:
Mobile Printer Output Insights
The Mobile Printer Market segmentation, based on Output, includes Barcode Labels, Receipts, Others. The receipts segment dominated the market in 2022. The "Receipts" category was typically the largest because it was in such high demand in the retail industry. Mobile printers that can rapidly produce receipts are often used by shops, restaurants, and other service-oriented businesses. These printers facilitate quick and efficient transactions, enhance customer service, and provide customers with a physical record of their purchases.
Mobile Printer Technology Insights
The Mobile Printer Market segmentation, based on Technology, includes Infrared Data Association, Others. The infrared data association category generated the most income in 2022. Customers may instantly and wirelessly connect their mobile devices to printers without the need for physical connections due to the quick and dependable wireless access that both Bluetooth and Wi-Fi provide. IrDA, on the other hand, requires a direct line-of-sight connection, which may be rigid and uncomfortable for users.
Figure 1: Mobile Printer Market, by technology, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Mobile Printer End-User Insights
The Mobile Printer Market segmentation, based on End-User, includes Residential, Corporate Office, Healthcare, Others. The corporate office segment dominated the market in 2022. Many corporate offices offer on-site client services, such as consultations with clients and contacts between sales staff and customers. Mobile printers allow these professionals to produce invoices, contracts, or other pertinent documents while having face-to-face interactions, which enhances customer service and decreases response times.
Mobile Printer Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Mobile Printer Market dominated this market in 2022 (45.80%). The increasing use of mobile point-of-sale (mPOS) systems in North America has boosted the demand for portable printers that can generate invoices and receipts locally. The effectiveness and portability of mPOS systems have led to a surge in mobile printer sales in the region. Further, the U.S. Mobile Printer market held the largest market share, and the Canada Mobile Printer market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Mobile Printer Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Mobile Printer market accounts for the second-largest market share. The popularity of mobile printers for printing patient information, prescriptions, and medical reports has increased as a result of the healthcare industry in Europe adopting mobile technologies for patient care and record-keeping. Further, the German Mobile Printer market held the largest market share, and the UK Mobile Printer market was the fastest growing market in the European region.
The Asia-Pacific Mobile Printer Market is expected to grow at the fastest CAGR from 2023 to 2032. Mobile printers are now more necessary in logistics and last-mile delivery operations as a result of the rapid expansion of e-commerce and m-commerce in Asia Pacific. Moreover, China’s Mobile Printer market held the largest market share, and the Indian Mobile Printer market was the fastest growing market in the Asia-Pacific region.
Mobile Printer Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Mobile Printer market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Mobile Printer industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Mobile Printer industry to benefit clients and increase the market sector. In recent years, the Mobile Printer industry has offered some of the most significant advantages to medicine. Major players in the Mobile Printer market, including Star Micronics Co. Ltd. (Japan), Printek (U.S.), Brother Industries Ltd. (Japan), Polaroid Corporation (U.S.), Hewlett-Packard (U.S.), Zebra Technologies (U.S.), Toshiba Tec Corporation (Japan), Seiko Epson Corporation (Japan), Honeywell Scanning and Mobility (U.S.), Canon Inc. (Japan) and others, are attempting to increase market demand by investing in research and development operations.
Brother Industries Ltd. (Brother) develops, designs, produces, and sells printing equipment. Among the best selling products for the company are printers, scanners, lasers, facsimiles, garment printers, electronic stationery, home and industrial sewing machines, home cutting machines, machine tools, reducers, and gears. Additionally, it offers content services, industrial parts, digital printing tools, coding and marking tools, online karaoke systems, and more. The company offers services to small and medium-sized businesses, retail establishments, workplaces in small spaces, home offices, and more. Brother offers its products directly and through a network of partners all over the world. The company has operations throughout Asia, the Americas, Africa, the Middle East, and Europe for manufacturing, sales, and customer service. Brother's corporate headquarters are in Nagoya, Aichi, Japan.
Barcode printers, mobile computing devices, and information solutions are all sold by a company called Zebra Technologies Corp (Zebra Technologies). The company's product line includes mobile computers, barcode scanners, RFID readers, and specialist printers for labels, personal identification cards, and other consumables. Manufacturing, retail, government, healthcare, warehouse and distribution, e-commerce fulfillment, energy and utilities, transportation, and logistics are among the industries it serves. Zebra Technologies also offers cloud-based subscriptions, managed, professional, managed services, technical support, repair, and maintenance. Numerous services are provided by it, including analytics, vision solutions, zebra finding and tracking technology, inventory management, product security, and e-commerce fulfillment services. The corporation has a commercial presence throughout the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Zebra Technologies has its corporate headquarters in Lincolnshire, Illinois, in the US.
Key Companies in the Mobile Printer market include
-
Star Micronics Co. Ltd. (Japan)
-
Printek (U.S.)
-
Brother Industries Ltd. (Japan)
-
Polaroid Corporation (U.S.)
-
Hewlett-Packard (U.S.)
-
Zebra Technologies (U.S.)
-
Toshiba Tec Corporation (Japan)
-
Seiko Epson Corporation (Japan)
-
Honeywell Scanning and Mobility (U.S.)
-
Canon Inc. (Japan)
Mobile Printer Industry Developments
September 2022: Twelve Office Collection 3 next-generation multifunction printers (MFPs) have been released by Toshiba TEC Corporation, allowing the workforce of today to work more securely and productively in the cloud.
February 2022: The new MAXIFY GX5070 ink tank business printer from Canon's MAXIFY Ink Efficient GX Series lineup has been released. The printer boosts productivity and efficiency in businesses and offices by combining inexpensive color printing costs with paper handling, speed, and networking features.
Mobile Printer Market Segmentation:
Mobile Printer Output Outlook
-
Barcode Labels
-
Receipts
-
Others
Mobile Printer Technology Outlook
Mobile Printer End-User Outlook
-
Residential
-
Corporate Office
-
Healthcare
-
Others
Mobile Printer Regional Outlook
-
Germany
-
France
-
UK
-
Italy
-
Spain
-
Rest of Europe
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Australia
-
Rest of Asia-Pacific
-
Middle East
-
Africa
-
Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 1.19 Billion |
Market Size 2024 |
USD 1.29 Billion |
Market Size 2032 |
USD 2.36 Billion |
Compound Annual Growth Rate (CAGR) |
7.78% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Output, Technology, End-User, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Star Micronics Co. Ltd. (Japan), Printek (U.S.), Brother Industries Ltd. (Japan), Polaroid Corporation (U.S.), Hewlett-Packard (U.S.), Zebra Technologies (U.S.), Toshiba Tec Corporation (Japan), Seiko Epson Corporation (Japan), Honeywell Scanning and Mobility (U.S.), Canon Inc. (Japan) |
Key Market Opportunities |
The increasing consumer usage of smart gadgets like smartphones and tablets. |
Key Market Dynamics |
Increasing use of the internet. |
Frequently Asked Questions (FAQ) :
The Mobile Printer Market size was valued at USD 1.19 Billion in 2023.
The global market is projected to grow at a CAGR of 7.78% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are Star Micronics Co. Ltd. (Japan), Printek (U.S.), Brother Industries Ltd. (Japan), Polaroid Corporation (U.S.), Hewlett-Packard (U.S.), Zebra Technologies (U.S.), Toshiba Tec Corporation (Japan), Seiko Epson Corporation (Japan), Honeywell Scanning and Mobility (U.S.), Canon Inc. (Japan).
The Receipts category dominated the market in 2022.
The Infrared Data Association had the largest share in the global market.