About this market
Introduction of advanced security solutions in portable printers to drive growth in the market. To avoid hacking of information, the companies are increasingly focusing on establishing robust security measures to ensure the integrity of their printer systems. analysts have predicted that the portable printer market will register a CAGR of almost 18% by 2023.
Market Overview
Need for convenient printing solutions
Portable printers are compact and weigh less, which enable users to carry them from one place to another. It is beneficial for industries such as transportation and logistics where constant mobility factor involved frequently.
Refurbished and counterfeit products
Counterfeit portable printers are a threat to the growth of the global portable printers market as well as the safety of end-users. The risk of these products mostly exists in areas where there is no regulation about the use of manufacturing standards, and the users are price-sensitive.
For the detailed list of factors that will drive and challenge the growth of the portable printer market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Brother Industries and Canon the competitive environment is quite intense. Factors such as the need for convenient printing solutions and the introduction of advanced security solutions in portable printers, will provide considerable growth opportunities to portable printer manufactures. Brother Industries, Canon, HP, Seiko Epson, and Toshiba TEC are some of the major companies covered in this report.