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Laser Printer Market to Grow by USD 4.02 Billion by 2027, Rising MFP Popularity and AI Impact on Market Trends to Drive Revenue Growth – Technavio

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NEW YORK, Sept. 18, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global laser printer market  size is estimated to grow by USD 4.01 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  5.67%  during the forecast period. Increasing popularity of mfps is driving market growth, with a trend towards increasing demand for compact laser printers. However, adoption of cloud data storage  poses a challenge. Key market players include Brother Enterprises Holding Co. Ltd. , Canon Inc., CONTROL PRINT Ltd., Dell Technologies Inc., Eastman Kodak Co., Fujitsu Ltd., Guangzhou Labsim Biotech Co. Ltd., HP Development Co. LP, Konica Minolta Inc., Kyocera Corp., Lexmark International Inc., Monotech Systems Ltd., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Seiko Epson Corp., Sharp Corp., Xerox Holdings Corp., and Zhuhai Pantum Electronics Co. Ltd..

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Forecast period

2023-2027

Base Year

2022

Historic Data

2017 – 2021

Segment Covered

Product (Laser MFPs and Laser SFPs), Type (Helium-neon lasers and Semi-conductor laser), and Geography (APAC, Europe, North America, Middle East and Africa, and South America)

Region Covered

APAC, Europe, North America, Middle East and Africa, and South America

Key companies profiled

Brother Enterprises Holding Co. Ltd. , Canon Inc., CONTROL PRINT Ltd., Dell Technologies Inc., Eastman Kodak Co., Fujitsu Ltd., Guangzhou Labsim Biotech Co. Ltd., HP Development Co. LP, Konica Minolta Inc., Kyocera Corp., Lexmark International Inc., Monotech Systems Ltd., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Seiko Epson Corp., Sharp Corp., Xerox Holdings Corp., and Zhuhai Pantum Electronics Co. Ltd.

Key Market Trends Fueling Growth

The compact laser printer market is experiencing growth due to the rising demand from small work groups, homes, and offices. These customers prioritize printers that offer high print quality and performance while occupying minimal space. In response, vendors such as Brother International and HP Development Company have launched innovative products. Brother’s new range of laser printers, launched in August 2018, features touch-to-connect printing and NFC technology for small and home offices. HP’s LaserJet Pro M15 and M28, launched in March 2018, cater to micro and small businesses, offering the world’s smallest laser printer design. These compact printers enable professionals working from home to optimize their workspace while maintaining maximum print quality and efficiency. 

The laser printer market is experiencing a growth due to urbanization and the rising demand in emerging economies. Compact laser printers are becoming increasingly popular due to improved quality and high-speed printing, making them ideal for small office spaces and commercial activities. Budget-conscious enterprises and start-ups are investing in laser printers for documentation needs on business purposes. The market is witnessing trends like minimized costs, mobility features, cloud data storage, and cloud computing. Organizations are adopting software tools, digital formats, and cloud services for printing applications. Single-Function and Multi-Function laser printers are in high demand, with the multi-function segment leading in market revenue. Advancements in technology include Helium-neon Lasers and Semi-conductor Lasers, making laser printers more cost-efficient and small-sized, offering high-quality printouts for graphics, crisp text, and consistent black tones. Desktop publishing and the telecommunication industry are major sectors driving the demand for laser printers. 

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Market Challenges

With the rise of cloud computing, businesses are shifting towards cloud-based data storage solutions for managing their documents. Cloud storage enables online access to data on remote servers, allowing authorized parties to share and access information using smartphones, tablets, and other devices. This trend reduces the need for printing applications and hardcopies, potentially impacting the laser printer market. Companies are adopting cloud-based Electronic Document Management Systems (EDMS) like Zoho Docs and LogicalDOC, which offer features such as cloud storage, mobile access, and document encryption for data protection. These systems enable faster and easier document management, potentially diminishing the demand for laser printers.The Laser Printer Market faces various challenges in coherence due to micro-economic factors such as price competition and external factors like changing consumer preferences and technological advancements. Internal factors like printer type, financial position, and industry trends also impact the market. The use of recycled materials in Laser Printers is a growing trend, while Touchscreen and Cloud-based printers are gaining popularity. Security concerns and wireless connectivity through Wi-Fi are essential features. Printer industry sectors like IT/ITeS, Pharmaceutical, Entertainment, Law firms, Auto shops, and Healthcare practices rely on Laser Printers for invoices, contracts, warranties, accounting, and finance. Product expansions include color printing, monochrome laser printers, transparencies, adhesive labels, lightweight cards, touchscreen panels, mobile printing, and IoT integration. The Laser beam technology’s efficiency and networking capabilities through cloud technology make Laser Printers a preferred choice for businesses.

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Segment Overview 

This laser printer market report extensively covers market segmentation by

Product 1.1 Laser MFPs1.2 Laser SFPsType 2.1 Helium-neon lasers2.2 Semi-conductor laserGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Laser MFPs-  The Laser Multifunction Printer (MFP) segment is a significant contributor to the global laser printer market. These devices offer printing, scanning, copying, and sometimes faxing functionalities in one machine, addressing various user requirements efficiently. The demand for Laser MFPs is increasing due to their versatility, cost-effectiveness, and productivity benefits in various environments, from homes to large corporations. Key players in this market segment include Brother Industries, Canon, and Dell, providing innovative solutions to cater to the evolving needs of consumers and businesses. For instance, HP Inc. Introduced the new HP Laser SFP series and HP Laser MFP series in May 2023, featuring easy setup and enhanced user interfaces. The growth of the laser MFPs segment is projected to be substantial due to technological advancements, digitalization, and the demand for streamlined document management solutions. These factors will fuel the market’s growth during the forecast period.

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Research Analysis

The laser printer market is experiencing a growth in demand due to urbanization and the increasing need for high-quality printouts in various industries, particularly in emerging economies. Compact laser printers are gaining popularity in office spaces due to their minimized costs and improved quality. The use of Semiconductor laser, Semiconductor diode lasers, and other light sources in laser printers has led to high-speed printing and better print quality. The telecommunications industry is also a significant consumer of laser printers, with a preference for wireless laser printers and those compatible with IoT devices. Printing technology advancements include touchscreen printers, cloud-based printers, personalized printer methods, and security features. Recycled materials are increasingly being used to minimize environmental impact. The laser beam technology, Wi-Fi compatibility, and other innovations continue to drive the growth of the laser printer market.

Market Research Overview

The laser printer market is experiencing a growth in demand due to urbanization and the rising need for efficient printing solutions in emerging economies. Compact laser printers are gaining popularity in offices, commercial activities, and even homes, as they offer improved quality, high-speed printing, and minimized costs. The market is segmented into Single-Function and Multi-Function printers, with the latter holding the largest market revenue due to its versatility. Laser printers use various types of lasers, such as Helium-neon Lasers and Semi-conductor Lasers, which offer cost-efficient, small-sized lasers for high-quality printouts. The market is driven by factors like the increasing number of start-ups, investments in organizations, and the growing demand for documentation for business purposes. Micro-economic factors, such as operating costs and performance, and external factors, such as space constraints and mobility features, are also influencing the market. Cloud data storage, cloud computing, and software tools are becoming essential for laser printers, enabling personalized printer methods and security features. Wireless laser printers, IoT, and touchscreen printers are the latest trends in the market. The market is expected to grow further with the integration of Wi-Fi, color printing, monochrome laser printers, and touchscreen features. The future of the laser printer market looks promising, with continuous advancements in technology and the increasing need for efficient printing solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductLaser MFPsLaser SFPsTypeHelium-neon LasersSemi-conductor LaserGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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HelloNation Examines Medicare Advantage & Medigap Coverage Differences, Featuring Financial Advisor Ash Toumayants

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The article reviews provider access, prescription coverage, and out-of-pocket expenses when comparing Medicare Advantage and Medigap plans.

STATE COLLEGE, Pa., July 24, 2026 /PRNewswire/ — How should residents evaluate whether Medicare Advantage or Medigap coverage better fits their healthcare and financial needs? HelloNation answers this question in an article that explains the key considerations involved in choosing between Medicare Advantage and Medigap plans.

The HelloNation article features insights from Financial Advisor Ash Toumayants of Strong Tower Associates. The article explains that both Medicare Advantage and Medigap supplement Original Medicare but differ significantly in how they handle healthcare providers, prescription coverage, and overall out-of-pocket expenses.

Medicare Advantage plans are typically offered through private insurers and bundles Medicare Part A, Part B, and possibly prescription coverage into a single policy. However, Medicare Advantage plans generally operate with provider networks, meaning healthcare providers must often be selected from within the plan’s approved list.

For residents across Pennsylvania, provider access can play an important role in selecting the right plan. The article explains that individuals should review which healthcare providers are included in a Medicare Advantage network before enrolling. Plan networks may vary by county in Pennsylvania, so residents should confirm that their preferred doctors and specialists are covered.

Medigap plans, also known as Medicare Supplement Insurance, operate differently from Medicare Advantage. The article explains that Medigap works alongside Original Medicare and helps cover certain out-of-pocket expenses such as copays, coinsurance, and deductibles. Although Medigap policies generally involve higher monthly premiums, they can offer greater predictability in medical expenses.

One advantage of Medigap is flexibility in choosing healthcare providers. The article explains that individuals with Medigap coverage can typically visit any doctor or specialist who accepts Medicare nationwide. This broader provider access can be beneficial for retirees who want more freedom in choosing healthcare providers across Pennsylvania or while traveling.

Prescription coverage is another important factor in the decision process. Many Medicare Advantage plans include prescription coverage as part of their bundled benefits. In contrast, Medigap plans do not include prescription coverage, which means individuals who choose Medigap often purchase a separate Medicare Part D plan to manage medication costs.

Budget considerations also influence the decision between Medicare Advantage and Medigap. The article explains that while Medicare Advantage plans may have lower premiums, they often include copays and service limits that affect annual out-of-pocket expenses. Medigap plans generally involve higher premiums but may reduce unexpected out-of-pocket expenses throughout the year.

Travel and lifestyle habits can also affect which plan is more suitable. The article explains that Medicare Advantage plans may have limitations on out-of-network care outside their coverage area. For residents in Pennsylvania who travel frequently or spend time in multiple locations, Medigap coverage may offer greater flexibility when accessing healthcare providers.

Enrollment timing is another important consideration discussed in the article. Medicare Advantage and Medigap plans have different enrollment rules and deadlines tied to the Initial Enrollment Period or the annual Medicare Open Enrollment period. Missing these enrollment opportunities can limit plan choices or result in additional underwriting requirements.

The article concludes that choosing between Medicare Advantage and Medigap in Pennsylvania requires careful evaluation of healthcare providers, prescription coverage, travel habits, budget considerations, and potential out-of-pocket expenses. Comparing plan structures and reviewing coverage details helps individuals make informed decisions that align with their healthcare and financial priorities.

How to Decide Between Medicare Advantage & Medigap features insights from Ash Toumayants, Financial Advisor of State College, PA, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-examines-medicare-advantage–medigap-coverage-differences-featuring-financial-advisor-ash-toumayants-302829329.html

SOURCE HelloNation

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In HelloNation, Pool & Landscaping Expert Tina Possehn Wolbers Discusses What Pool Opening & Closing Services Include

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The article highlights how seasonal pool service simplifies pool maintenance and protects backyard pools year-round.

LANSING, Mich., July 24, 2026 /PRNewswire/ — What is included with pool opening and closing services, and how do they support pool ownership? The answer is explored in a HelloNation article, which features insights from Tina Possehn Wolbers of Wolbers-Possehn Pools, Ponds and Landscapes.

The HelloNation article explains that seasonal pool service plays a key role in maintaining a backyard pool throughout the year. By handling the transition between seasons, pool opening service and pool closing service make pool maintenance more manageable and allow homeowners to focus on enjoying their space.

Pool opening service marks the beginning of the swimming season. One of the first steps is removing the pool cover, which has protected the pool during colder months. The pool cover is carefully cleaned and stored, helping extend its lifespan and prepare it for future use. Once removed, the backyard pool begins to take shape as a clean and inviting environment.

Another important part of pool opening service is reconnecting and inspecting pool equipment. Pumps, filters, and circulation systems are checked to ensure they are functioning properly. This step helps restore water flow and sets the foundation for effective pool maintenance throughout the season.

Water level adjustments and water balancing are also essential components of pool opening service. Ensuring proper water levels allows systems to run efficiently, while water balancing helps create a safe and comfortable swimming environment. These steps help homeowners enjoy their backyard pool without unnecessary complications.

The article emphasizes that pool opening service and pool closing service are key components of seasonal pool service, helping simplify pool maintenance and reduce the stress of managing a pool. With a structured approach, homeowners can rely on consistent care that keeps their pool in good condition.

Pool closing service prepares the pool for colder months when it is not in use. This process includes lowering the water level to help prevent potential damage. Proper water management during pool closing service helps protect the structure and equipment over time.

Protecting plumbing lines is another critical part of pool closing service. Water is removed from pipes to prevent freezing and expansion, which could lead to damage. Taking these steps ensures that the system remains intact and ready for the next pool opening service.

Securing the pool cover completes the process. A properly fitted pool cover keeps debris out and helps maintain water quality during the off-season. It also makes the next pool opening service easier by reducing the amount of cleaning required.

Seasonal pool service provides a more predictable and low-stress experience for homeowners. Instead of handling every detail themselves, pool owners can rely on professional processes that keep their backyard pool functioning properly year after year.

Beyond maintenance, a well-cared-for backyard pool becomes a space for relaxation and connection. Whether hosting gatherings or enjoying quiet time, the pool adds value to everyday life. Pool opening service and pool closing service support that experience by keeping the pool ready when it matters most.

The HelloNation article concludes that understanding what is included in seasonal pool service helps homeowners set clear expectations and maintain their pool with confidence. With proper pool maintenance, water balancing, and use of a secure pool cover, owning a backyard pool in Lansing becomes both simple and enjoyable.

What Is Included With Pool Opening & Closing Services in Lansing? features insights from Tina Possehn Wolbers, Pool & Landscaping Expert of Lansing, MI, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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Verra Mobility Schedules Second Quarter 2026 Earnings Call

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MESA, Ariz., July 24, 2026 /PRNewswire/ — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2026, after market close on August 5, 2026.

Verra Mobility’s Interim Chief Executive Officer, Jon Keyser, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 5, 2026.

A live webcast will be available on the Company’s Investor Relations website at ir.verramobility.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. A replay of the call will also be made available on the Investor Relations website.

In addition, an archived webcast will be available in the “News & Events” section of Verra Mobility’s Investor Relations website at ir.verramobility.com.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility’s transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility principally operates in North America, Europe and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility’s plans, objectives, expectations, beliefs and intentions and other statements including words such as “hope,” “anticipate,” “may,” “believe,” “expect,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility’s other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility’s reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com. We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company’s press releases, SEC filings and public conference calls and webcasts.

Media Relations:

Investor Relations:

Valerie Schneider

Mark Zindler

valerie.schneider@verramobility.com

mark.zindler@verramobility.com 

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