United States Mobile Printers Market to Account for 28% of Global Revenues by 2018
Easy handling, check counterfeiting, quality assured task and mobility are the key features that are driving the market of mobiles printers in the US. Manufacturing, logistics, government, service & leisure sectors are the major end users of the mobile printers.
From a wide range of industries, mobile printers empower an uninterrupted array of documentation, ticketing, and labeling jobs—from outdated bar codes to innovative RFID tags. Wireless mobile printers provide many of the connectivity and convenience features previously only available on static models. The evolution in mobile printer functionality enables users the flexibility to print documents on demand, as and when they need them.
According to the recently published report by TechSci Research “United States Mobile Printers Market Forecast and Opportunities, 2018” The market for mobile printers has increased globally due to increasing demand in ATM ticket counters, receipts, invoices and barcodes. The global mobile printer market is expected to reach USD 782 Million by 2018 growing at the CAGR of 10%forthe next five year period out of which United States mobile printers market is expected to account for almost 28% revenues. North America is the largest consumer of mobile printers in the world. These mobile printers use different technologies like Thermal, Inkjet, Dot matrix and Laser printer. Thermal based mobile printers have recorded majority share in 2012.
The main drivers which are driving the growth of mobile printer market in US are convenience of handling; check counterfeiting, quality assured task and mobility. The challenges which are being faced by the mobile printer industries are expensive and extra burden to carry. The industries are adopting the mobile printers, because of the various advantages which are being offered. These help in increasing the productivity, reduce the operating cost, increase the revenue, cash flow and ultimately helps in retaining customers.
“United States Mobile Printers Market Forecast and Opportunities, 2018” has evaluated the future growth potential of mobile printer market in US and provides statistics and information on market structure, market trends, market size, etc. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.