A recent report published by
Infinium Global Research on the mobile photo printer market provides an in-depth
analysis of segments and sub-segments in the global as well as regional mobile
photo printer market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional mobile photo
printer market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
mobile photo printer market. According to the report, the global mobile photo
printer market is projected to grow with a healthy CAGR over the forecast
period of 2021-2027.
Mobile photo printers can get
photos off phones and into the real world. A mobile photo printer is the best part
that doesn’t have to cost a fortune. It is trend to be very affordable, with
much less in the way of moving parts and weight than desktop printers. Without ink, photo printers can be dramatically smaller than their
predecessors, making them more convenient. The stationary photo printers are
advertised as "mobile" because they receive wireless signals to
print. The growing penetration of mobile devices with high storage capacity,
the photo printer market is increasing. Moreover, the increase in the per
capita income and purchasing power are also expected to create a huge demand for the mobile photo printer market. Likewise, the rapid technological advancements and
flexibility offered by mobile devices are expected to create various new
opportunities that will lead to the growth of the mobile photo printer market.
The increasing penetration rate of
smartphones has increased at a significant rate globally. With the skyrocketing
popularity of mobile devices have introduced mobile printers that can handle
varied input, including files received over various wireless protocols, from
traditional Wi-Fi to peer-to-peer connections. mobile devices have taken over
the world. In 2019, the number of people using mobile phones globally is
expected to reach 4.68 billion. As a society, one continually looking for
technological solutions to keep up with fast-paced lifestyles. One aspect of the modern world is printer technology. As a result, smartphones are equipped with
high screen resolutions and enhanced optics. This further provides a growing
demand for mobile photo printers that can be used to print images from a
smartphone. The mobile photo printer market is driven by the availability of
advanced features in smartphones. In addition, the growing demand for
personalized photo products is expected to provide growing demand for the
global mobile photo printer market. Furthermore, the growing popularity of the
gifting culture has led to an increased demand for customized photos. Thus,
consumers are increasingly using mobile photo printers to print photos
instantly from smartphones. Thus, the increasing demand for personalized photo
products will boost the growth of the market. In addition, the growing
investment in research and development to make innovative products and increase
in the number of home offices and leaner printing are also expected to boost
the growth of the mobile photo printer market. However, the availability of a number of substitutes is affecting the growth of the market. Moreover, the increasing
adoption of 3D printing emerges as a popularly adopted technology is expected
to provide a significant growth opportunity for the portable photo printer market.
The Asia Pacific dominates the mobile
photo printer market. The presence of a large number of key companies like
Epson, Kodak, HP, LG, Fujifilm, and Canon is attributed to the growth of the
portable photo printer market. Furthermore, an increase in per capita income and
purchasing power in emerging markets like China and India has resulted in high
demand for mobile photo printers. Additionally, several government infrastructure
projects need for CAD printers are projected to grow market share during the
forecast period.
The report on the global mobile photo
printer market covers segments such as product, connectivity, ink usage, print
output, and distribution channel. On the basis of product, the sub-markets
include pocket photo printer, and compact photo printer. On the basis of
connectivity, the sub-markets include wireless, and wired. On the basis of ink
usage, the sub-markets include ink-free, and ink-based. On the basis of print
output, the sub-markets include monochrome, and color. On the basis of
distribution channel, the sub-markets include online, and offline.
The report provides profiles of
the companies in the market such as Canon Inc, Brother International LTD, HiTi
Digital, Inc, LG Electronics Inc, Fujifilm Holdings Corporation, Polaroid
Corporation, The Eastman Kodak Company, The Hewlett-Packard Company, Seiko
Epson Corporation, and Sony Corporation.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and restraining
the growth in this market. Moreover, The IGR-Growth Matrix analysis given in
the report brings an insight into the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter's five forces analysis and DRO analysis of the mobile photo printer market. Moreover, the study highlights current market
trends and provides forecast from 2021-2027. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.
Please Choose One of them.