This market analysis segments the global wireless printer market by technology and includes sectors like wireless inkjet printers and wireless laser printers. It also provides market share analysis and forecast for key regions like Americas, EMEA, and APAC. Leading vendors analyzed in this market study are Brother Industries, Canon, HP, and Seiko Epson.
Technavio’s market research analysts estimate the global wireless printer market to grow at a CAGR of around 2% between 2015 and 2019. The augmented adoption of wireless printers in the IT sector, healthcare sector, and educational institutes is expected to spur growth in this market during the forecast period. The Americas is the highest revenue contributor to the global market for wireless printers, accounting for around 39% of the overall market share. Factors like the augmented demand for wireless multifunctional printers (MFPs) in the region are expected to result in its high revenue generation capacity during the forecast period.
The new market research report from Technavio provides a breakdown and analysis of the wireless printers segments by technology.
“Consumers are opting for MFP that can perform various tasks including printing, copying, and faxing. For instance, there has been high adoption of wireless MFPs in small offices and home office set-ups. Moreover, the healthcare sector is also witnessing an increase in the adoption of wireless MFPs, owing to their benefits such as efficient workflow, eliminating space constraints, and cost reductions,” says Navin Rajendra, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The wireless inkjet printers segment is envisaged to account for more than 59% of the total market share by 2019. 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.
The key players in the global wireless printer market include Brother Industries, Cannon, HP and Seiko Epson. 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.
A more detailed analysis is available in the Technavio report, Global Wireless Printer Market 2015-2019.
We can customize reports by other regions and specific segments upon request.
Other Related Reports:
Further Readings:
