Global Printers Market 2024-2028

Global Printers Market 2024-2028

The printers market is forecasted to grow by USD 10.65 bn during 2023-2028, accelerating at a CAGR of 3.46% during the forecast period. The report on the printers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for printers from SMEs, growing demand for large-format printers from the textile and advertising industries, and increasing demand for compact portable printers.

Technavio's printers market is segmented as below:

By Technology

• Laser
• Inkjet
• Others

By Type

• Multifunction printers
• Single function printers

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the increasing adoption of 3D technology in printers as one of the prime reasons driving the printers market growth during the next few years. Also, the introduction of advanced security features in printers and the growing focus on inorganic growth strategies will lead to sizable demand in the market.

The report on the printers market covers the following areas:

• Printers market sizing
• Printers market forecast
• Printers market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading printers market vendors that include Bixolon Co. Ltd., Brady Corp., Brother Industries Ltd., Canon Inc., Citizen Systems Europe GmbH, Dell Technologies Inc., Fujitsu Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., Lenovo Group Ltd., Lexmark International Inc., Ninestar Co. Ltd., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Redington India Ltd., Ricoh Co. Ltd., Riso Kagaku Corp, Seiko Epson Corp., Sharp Corp., Toshiba Corp., Xerox Holdings Corp., Zebra Technologies Corp., and KYOCERA Corp.. Also, the printers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.