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Global Wireless Bluetooth Printer Market to Reach USD 40 Billion by 2025, Aided by the Growing Demand for Portable Printers

According to a new report by EMR titled, ‘Global Wireless Bluetooth Printer Market Report and Forecast 2020-2025’, the global market for wireless bluetooth printer reached a value of USD 28 billion in 2019. The industry is further expected to grow at a CAGR of 7.4% between 2020 and 2025 to attain USD 40 billion by 2025.

The wireless bluetooth printer industry is being driven by the growing demand for portable printers. The demand for portable printers is increasing as they fulfill the requirement of on-demand printing, are pocket-friendly and wireless in nature, and thus, can be easily moved or transferred. This has resulted in the increased adoption of wireless bluetooth printers in commercial sectors like retail, healthcare, educational institutions, shopping complexes, and others. Thus, the expansion of the commercial sector will significantly aid the growth of the wireless bluetooth printer industry. This is further supported by the growing internet penetration and increasing adoption of smart devices, like smartphones and others. Moreover, the easy availability of these printers through e-commerce platforms like Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Ltd (NYSE: BABA) is further propelling the industry growth.

The growing R&D activities and rapid technological advancements are also invigorating the growth of the market. HP Development Company, L.P., one of the leading players in the industry, manufactures bluetooth printers, which come with a cloud-based, two-way network connection. The HP Tango line designed by the company comes with the voice-activated printing technology, thus, providing customers a seamless experience. Such developments are expected to significantly aid the global market for wireless bluetooth printer in the coming years.

Market Breakup by Printer Type, Distribution Channel, Pricing Type, End Use, and Regions:

  • By printer type, the industry can be divided into thermal, inkjet, zink, and laser, among others. 
  • The various distribution channels of the product, the industry is categorised into offline and online, among others. 
  • On the basis of pricing type, the industry has been categorised into USD 100-USD 550, USD 551-USD 1000, USD 1001-USD 3500, and more than USD 3500. 
  • Based on end use, the industry has been bifurcated into commercial and residential sector. Among these, the commercial sector is subdivided into educational institutions, healthcare sector, retail, hospitals, BFSI, and government and public sector, and IT and telecom, among others.
  • Region-wise, the global market for wireless bluetooth printer can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for wireless bluetooth printer is being driven by the increasing demand for portable devices and thriving consumer electronics sector. 
  • The rapid technological advancements and the growing R&D activities are further propelling the market growth. 
  • The market is receiving a further impetus with the growing adoption of smart devices and escalating disposable incomes. 
  • The new product launches and the expanding retail sector are also boosting the product demand.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for wireless bluetooth printer for the periods (2015-2019) and (2020-2025). 
  • The report also offers historical (2015-2019) and forecast (2020-2025) market information for the printer types, distribution channels, pricing type, end uses, and major regions of wireless bluetooth printer.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global wireless bluetooth printer market are Canon Inc., Samsung Electronics Co Ltd, Zebra Technologies Corporation, Epson India Pvt Ltd., HP Development Company, L.P., Honeywell International Inc., and Dell Technologies Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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