The global portable printer market size reached USD 1,200.7 Million in 2020, and is expected to register a CAGR of 10.5% during the forecast period. Market revenue growth is primarily driven by rapidly rising demand for small, compact, and lightweight printers among the working population as well a small and medium sized enterprises and privately operating businessmen and vendors etc. Increasing popularity and shift towards work from home trend and home schooling due to the COVID-19 pandemic are dome other key factors contributing to rising sales of home printers as well as rising visibility of portable printers and latest accessories on e-Commerce platforms and online channels. Steady shift towards blended learning patterns that include a mix of both digital and physical learning is also boosting demand for home printing. Growth across online and offline channels in developing countries such as China and India is also expected to drive demand for portable printers. Easy portability and use of portable printers at any location unlike traditional printers is contributing to growing demand. Benefit of printing high quality resolution is also resulting in increasing usage in shops, petrol bunks, restaurants, and hotels etc.
The latest report is furnished with a detailed examination of the Portable Printer market and the global economic landscape ravaged by the ongoing COVID-19 pandemic. The global market is expected to grow as a result of factors such as a growing risk of data leakage, an increasing use of advanced technologies like artificial intelligence (AI), the Internet of Things, and cloud services to manage large amounts of data, as well as a growing investment in research and development activities for developing advanced devices and solutions.
Radical Features of the Portable Printer Market Report:
The report encompasses Portable Printer market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Portable Printer industry
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