Increasing mobile workforce and on-the-go print requirements are expected to trigger the global portable printer market growth during 2016-2020 and if experts are to be believed, the market will have the growth momentum of over 17 % CAGR with thermal portable printer market alone is estimated to cross a whopping USD 725 million with a CAGR of20 per cent.
The research report titled, ‘Global Portable Printer Market 2016-2020’ by TECHNAVIO has categorized the global portable printer market into three major categories based on technology - Thermal, Inkjet and Impact.
Thermal portable printer
The report by Technavio said that the thermal portable printer market would be valued more than USD 725 million by 2020 with 20 per cent CAGR during the forecast period. Apart from being useful in field support and entertainment services, thermal printers are widely used in industrial applications in retail, transportation and logistics, healthcare and manufacturing.
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