3 Key Insights on US$ 65 Bn Opportunity in Global Printer Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Driven by Investments in R&D Technologies like Cloud-based printing and Laser printing, the Global Printer Market is forecasted to Cross ~$65 Bn by 2028 says Ken Research Study. A printer is a device that is used to print any document in hardcopy format, there are different types of printers from multi-functional, standalone, laser, inkjet, thermal, led, dot matrix, and more, which provide output in color as well as the monochrome format and widely used in residential, commercial, educational institutes, enterprises, and government offices. “Ken Research shares 3 key insights on this high opportunity market from its latest research study”. 1. The Global Printer Market is witnessing Steady Growth during the Forecast Period Owing to an Increase in Investment in Cloud-Based Printing Technology The Global Printer Market is forecasted to continue the steady growth that is witnessed since 2017, primarily driven by advancements in technologies like cloud-based printing. Cloud-based printing means users are able to print the document from any device at any place, as those devices and printers have to be connected to the internet. Many companies like Brother Industries Ltd., Canon Inc., HP Development Company, L.P, Kyocera Corp., Lexmark International Inc., and more, are now offering cloud-based printing solutions as this reduces the response time and high cost which was associated while managing any server. For instance, HP+ launched by HP Development Company in 2021 and Lexmark CPM (Cloud Print Management) launched in 2020 by Lexmark International Inc., are some of the leading cloud-based printing solutions available in the market. According to Ken Research estimates, the Global Printer Market –valued at US$ 35 billion in 2017 and is estimated to be US$45 Bn in 2022 – is further expected to reach a market size of US$ 65 Bn opportunity by 2028. 2. Increase in Small and Medium-Sized Enterprises (SMEs) and New Product Launches Are Driving the Market Growth The increase in small and medium-sized enterprises (SMEs) and new product launches specifically for SMEs in printing technology such as Multifunctional device printers (those devices that can perform multiple tasks such as printing, photocopying, scanning, and telefaxing) are major growth drivers for the global printer market as these Multifunctional device printers are able to reduce the overall operational cost of printing operations significantly. Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDM1 In printing technology, many SMEs are now going for Multifunctional printer devices (MFD) with laser printing technology rather than old dot matrix or inkjet printer as MFD laser printer offers low operational cost high printing speed, and better response time for handling printing command as compared to other printer technology. 3. The Adoption of Digitization Is One of The Biggest Challenges That Is Hindering the Growth of The Global Printers Market. Digitization is the process of converting and collecting documents or information into digital formats such as images, pdf, or Digi locker (Digi Locker is an Indian government service that provides a digital cloud-based account for authentic documents such as identity proof, driving license, and more). The adoption of digitization in government offices, banks, and educational institutes is currently some of the biggest challenges faced by the global printer market. To deal with this problem many companies are now providing multi-functional printer devices, which can also act as a scanner, to scan hardcopy format document and convert it into softcopy. For more information on the research report, refer to the below link: Global Printer Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research Follow Us LinkedIn | Instagram | Facebook | Twitter Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Post Views: 6 Tags: Africa Printer Market, Asia-Pacific Printer Market, Canon Printer Market Revenue, Component Suppliers to Printer Companies, Dealers of Printer Globally, Demand of Global Printer Market, Digital Printing Solutions Providers, Emerging Companies in Printer Market, Europe Printer Market, Global Communication Equipment Manufacturers, Global Computer Hardware Manufacturers, Global Dot Matrix Printer Market, Global Electronics Devices Manufacturers, Global Inkjet Printer Market, Global Laser Printer Market, Global LED Printer Market, Global Manufacturers of Printers, Global Multi-Functional Printer Market, Global Printer Equipment Market, Global Printer Industry, Global Printer Market, Global Printer Market Distributors, Global Printer Market End Users, Global Printer Sales Revenue, Global Printer Sector, Global Standalone Printer Market, Global Thermal Printer Market, Global Wired Printer Market, Global Wireless Printer Market, HP Printer Market Sales Revenue, Key Competitors in Global Printer Market, Leading Players in Global Printer Market, Major Companies in Global Printer Market, Major Manufacturing Companies, Market For Printing Products In North America, Middle East Printer Market, North America Printer Market, Photocopy Machine Online at Best Price - Flipkart, Top Companies in Global Printer Manufacturing, Traders and Distributors of Printers Globally, Worldwide Printer Market, Xerox Printer Market Share