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The Mobile Printer Industry is poised to showcase an impressive CAGR of 17% and attain a valuation of USD 8,351.12 Mn over the forecast period of 2027-2023, asserts Market Research Future (MRFR) in an extensive study.Convenience is the main selling proposition of mobile printers.
They facilitate seamless mobility which is a major advantage.The proliferation of mobile phones, tablets and other smart devices with sophisticated features is among the principal factors driving the growth of the global Mobile Printer Industry.
They can be utilized for an array of applications such as ticketing and labeling, printing barcodes, receipts, invoices to radio frequency identification (RFID) tags.Availability in multiple designs to meet the needs of a variety of applications coupled with rapid advancements made in design and technology which results in new product launches fosters the growth of the global Mobile Printer Industry.However, with growing digitization and advent of cloud computing, more information is being stored online and transferred via the internet which has led to a decline in the need for information to be printed for distribution and retention which might have a negative impact on the growth of the global mobile printer market.Get More Details of Report @ https://www.abnewswire.com/pressreleases/impact-of-covid-19-outbreak-on-mobile-printer-market-2020-industry-size-growth-analysis-regional-trends-company-profile-opportunity-assessment-developments-and-forecast-2023_490492.htmlKey PlayersThe prominent players in the Global Mobile Printer Market are – Canon Inc. (Japan), Honeywell Scanning And Mobility (U.S.), Seiko Epson Corporation (Japan), Toshiba Tec Corporation (Japan), Zebra Technologies (U.S.), Hewlett-Packard (U.S.), Polaroid Corporation (U.S.), Brother Industries, Ltd., (Japan), Printek (U.S.), Star Micronics Co., Ltd. (Japan) Among Others.SegmentationMRFR’s take on the global mobile printer market is based on an extensive segmentation that includes output, technology, and end-user.
The barcode industry is also enjoying same sort of popularity.Based on the technology, the global mobile printing market includes Bluetooth, infrared data association, Wi-Fi, and others.
This can be operated from a long distanci and in all direction, which is why it is garnering accolade.Based on the end user, the global mobile printing market consists corporate offices, retail, healthcare, residential, and others.
The retail segment is expected to gain high growth during the forecast period.Regional AnalysisNorth America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW) are regions that have been included in the global mobile printer market for a better analysis.
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The global Barcode Printers Market value is projected to grow beyond USD 3.8 billion by 2024.
Barcode printers are specialty printers which facilitate the printing tags or barcode labels that are openly printed on or connected to physical objects.
They also find usage in printing barcodes on wristbands for individual recognition in hospitals or events.Key products are industrial printers, desktop printers, and mobile printers.
Mobile printers are mainly used by organizations’ sales employees for tickets, printing receipts, and labels, irrespective of the place and name.
They are intended to function 24/7 in callous environments for mission critical operations.Browse Details of Report @ https://www.hexaresearch.com/research-report/barcode-printers-industrySeveral print technologies are accessible in the barcode printers industry, that can be bifurcated into two chief groups, that is, impact and non-impact printing methods.
Impact printing consists of drum printers and dot matrix, while non-impact printing involves laser printers, direct thermal, thermal transfer, and inkjet printers.
