Global wireless printer market outlook
Wireless printers allow customers to connect their smartphones or tablets to the printers via Bluetooth, Wi-Fi, cloud, and mediums like AirPrint. The augmented adoption of wireless printers in the IT sector, healthcare sector, and educational institutes is the primary factor for the growth of the wireless printer market size during the forecast period. By revenue, Technavio market research analysts envisage the wireless printer market to post a slow but moderate CAGR of more than 3% by 2019.
Integration of wireless printers in office infrastructure is a key driver for the wireless printer market growth. The introduction of printers that are connected to the cloud and allow sharing of printers on a network is expected to propel the demand for wireless printers as it provides better-integrated and secured document solutions to offices across the globe.
The wireless printer market segmentation by geography
In this market research analysis, Technavio analysts estimate the Americas to be the highest revenue-generating segment in this market during the forecast period. In the Americas, the US accounted for a major part of the total market revenue and factors like the augmented demand for wireless MFPs in the region are expected to result in its high revenue generation capacity during the forecast period.
Technological segmentation of the wireless printer market
- Wireless inkjet printers
- Wireless laser printers
The wireless inkjet printers segment is envisaged to account for more than 59% of the total market share by 2019, as per the wireless printer market statistics report. Rising demand for wireless inkjet printers from the IT segment coupled with its low operating costs are expected to result in its high market share during the forecast period.
Competitive landscape and key vendors
Competition in this market is intense due to the presence of numerous vendors who are diversified across the globe. These vendors compete with each other on the basis of technology, price, distribution channel, and global brand presence to gain maximum prominence in this market. Factors like national and local economic conditions, and demographic trends also affects market growth as it heavily influences vendor performance during the forecast period.
Key vendors in the wireless printer market are -
- Brother Industries
- Canon
- HP
- Seiko Epson
Other prominent vendors are Kyocera, Lexmark, and Ricoh.
Key questions answered in the report include
- What will the wireless printer market size and the growth rate be in 2019?
- What are the key factors driving the global wireless printer market?
- What are the key market trends impacting the growth of the global wireless printer market?
- What are the challenges to the wireless printer market growth?
- Who are the key vendors in the global wireless printer market?
- What are the market opportunities and threats faced by the vendors in the global wireless printer market?
- Trending factors influencing the wireless printer market shares of the EMEA, Americas, and APAC?
- What are the key outcomes of the five forces analysis of the global wireless printer market?
Technavio also offers customization on reports based on specific client requirement.
Related reports