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Printers Market to grow by USD 11.25 Billion from 2025-2029, driven by rising demand from SMEs, Report on market evolution powered by AI – Technavio

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NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global printers market size is estimated to grow by USD 11.25 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  3.5%  during the forecast period. Rising demand for printers from SMES is driving market growth, with a trend towards increasing adoption of 3d technology in printer. However, increased digitization in enterprises  poses a challenge. Key market players include BIXOLON CO. LTD., Brady Corp., Brother Industries Ltd., Canon Inc., Citizen Systems Europe GmbH, Dell Technologies Inc., Fujitsu Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., KYOCERA Corp., Lenovo Group Ltd., Lexmark International Inc., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Ricoh Co. Ltd., Seiko Epson Corp., Sharp Corp., Toshiba Corp., Xerox Holdings Corp., and Zebra Technologies Corp..

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Printers Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 3.5%

Market growth 2025-2029

USD 11246.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.4

Regional analysis

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

Performing market contribution

APAC at 52%

Key countries

US, China, Germany, Japan, UK, India, South Korea, France, Brazil, and Italy

Key companies profiled

BIXOLON CO. LTD., Brady Corp., Brother Industries Ltd., Canon Inc., Citizen Systems Europe GmbH, Dell Technologies Inc., Fujitsu Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., KYOCERA Corp., Lenovo Group Ltd., Lexmark International Inc., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Ricoh Co. Ltd., Seiko Epson Corp., Sharp Corp., Toshiba Corp., Xerox Holdings Corp., and Zebra Technologies Corp.

Market Driver

The printing market is experiencing significant trends with the rise of mobile printing, color printing, and packaging printing. Entry-level printers like A4 printers are popular, while cloud-based computing and software solutions are essential for businesses. The ecosystem of inks includes inkjet printing with solvent, water-based, UV-based, and LED inks, impact printers using ink-soaked cloth ribbons, and toner-based printers. Digital printing dominates, with multi-functional printers offering managed print services, digital features, and security features. The home printer market includes printers for text and images on computers, paper, and various printing media. Printers are electronic tools used for producing hardcopies of documents, photos, and computer peripherals. Ink cost, printing interruptions, and ink cartridges are crucial factors. Environmental concerns include the use of heavy metals, pollution, and carbon emissions, with efforts towards ocean-bound plastic and environmental sustainability. Security and automation are essential, with AI, ML, and data analytics playing a role. UV-cured inks, thermal printers, and printer interfaces are also trends. 

The global printers market is witnessing a notable shift towards 3D printing technology. Initially, it was primarily used for prototyping. However, it has now evolved into a mainstream manufacturing tool, providing unmatched versatility and customization. Industries like healthcare, aerospace, automotive, and architecture are embracing this technology. In healthcare, 3D printing is used to create patient-specific medical implants, prosthetics, and surgical models, enhancing patient care. In aerospace and automotive sectors, it enables production of lightweight, complex parts with reduced lead times and costs, improving performance and fuel efficiency. In architecture and construction, 3D printing streamlines design and building processes through rapid prototyping and intricate structure creation. 

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Market Challenges

The printing market faces several challenges in today’s business landscape. With the rise of mobile devices, mobile printing solutions are in high demand. Color printing, packaging printing, and digital printing are key areas of growth, while traditional analog printing technologies are declining. Entry-level products like A4 printers and multifunction printing devices are popular in the home printer market. Cloud-based computing and software ecosystems are transforming the industry, with ink cost and ink tank printers being major considerations. Inkjet printing uses solvent, water-based, UV-based, and LED inks, while toner is common in laser printers. Ink cost, ink subscriptions, and ink guarantees are crucial factors for businesses. Environmental concerns include the use of heavy metals and pollution from printing processes, carbon emissions, and energy use. Companies like TVS Electronics are addressing these challenges with product enhancements, digital integration, and environmental sustainability initiatives using ocean-bound plastic. Security features, including AI, ML, data analytics, and automation, are essential for managing print jobs and securing sensitive documents. Security experts warn of vulnerabilities and recommend managed print services for businesses. The global printer market includes various types of printers, from standalone printers to multifunctional systems, wired and wireless, monochrome and color, and enterprise and residential models.The global printers market may experience hindrance in growth due to the increasing digitization trend across industries. With the rise of internet users, smartphone penetration, and improved communication network infrastructure, enterprises are shifting towards digital channels for advertising and sharing information. Instead of printed materials like brochures, catalogs, annual reports, and manuals, businesses are opting for their electronic versions. For instance, digital copies of telephone bills have replaced their hard copies. This shift towards digitization is transforming business practices and may impact the printers market negatively.

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Segment Overview 

This printers market report extensively covers market segmentation by  

Technology 1.1 Laser1.2 Inkjet1.3 OthersType 2.1 Multifunction printers2.2 Single function printersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Laser-  Laser printing is a popular non-impact printing technology that utilizes electrophotography or electrostatic charges for image production. In laser printing, a laser beam is used to induce charges, enabling precise printing. This technology caters to various applications, including variable data and wide-format printing. Laser printing boasts advantages over inkjet and LED printing, such as faster speeds, consistent line width, and lower running costs due to the use of dry ink. Primarily used in offices for accuracy and precision, laser printers have gained popularity in enterprises due to their efficiency. Key growth factors include the emergence of compact laser printers, enterprise demand for A4 and A3 multifunction printers, and declining laser printer prices. Manufacturers aim to penetrate the consumer market, traditionally dominated by inkjet printers. Despite steady enterprise demand, ink tank printers pose a challenge to the laser printing segment’s growth during the forecast period.

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Research Analysis

The printing market encompasses a wide range of technologies and products, including printers for text and image production. Mobile printing is a growing segment, enabling users to print from their smartphones and tablets. Color printing dominates the market, with advanced color management software and an ecosystem of inks ensuring vibrant and accurate results. Packaging printing is another significant area, utilizing various output technologies such as inkjet, solvent inks, and gravure. Entry-level products like A4 printers cater to individual and home office needs, while cloud-based computing and software solutions streamline the printing process. Printers connect to computers and other devices via data cables, USB, short-range radio, or Bluetooth. The hardware and electronic data interface facilitate the transfer of documents, photos, and other digital content for printing on various paper and printing media.

Market Research Overview

The printing market encompasses a wide range of printers and printing technologies, including mobile printing, color printing, packaging printing, and analog and digital printing. Entry-level products include A4 printers, while cloud-based computing, software, and an ecosystem of inks support advanced features. Inkjet printing uses solvent, water-based, UV-based, LED, and UV-cured inks, while toner is used in laser printers. Ink cost is a significant factor, with inkjet printer cartridges available in cyan, yellow, black, and magenta. Digital features and security are important considerations, with managed print services offering cost savings and environmental sustainability. Environmental impact includes the use of ocean-bound plastic and the reduction of heavy metals and carbon emissions. Printers serve various sectors, from residential and commercial to educational institutions and enterprises, with ink tank printers and multifunctional devices catering to diverse needs. Printers are essential electronic tools for producing text and images on paper, with computers and various peripherals, such as data cables, USB, short-range radio, Bluetooth, local area network, Ethernet, WiFi, memory cards, line printers, and control characters, facilitating their use. Printers are used in various industries, including e-commerce businesses, online grocery shopping, food ordering, and digital integration, with product enhancements and printing interruptions impacting their efficiency. Security experts address vulnerabilities, while automation, artificial intelligence (AI), and machine learning (ML) enable data analytics and improve efficiency. Environmental sustainability is a growing concern, with energy use and climate change impacting the industry. Printer interfaces support wired and wireless connections, and standalone printers and multifunction printers (MFPs) cater to different user needs. Single-use devices and network control are also essential considerations.

Table of Contents:

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

TechnologyLaserInkjetOthersTypeMultifunction PrintersSingle Function PrintersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

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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AI-Powered Connectivity: APAC Charts a Path to a Smarter Digital Future

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Asia-Pacific’s first Broadband Development Summit brings regulators and operators to Bangkok to set the agenda

BANGKOK, July 19, 2026 /PRNewswire/ — Government officials, standards bodies and telecom operators gathered in Bangkok on 14 July for the inaugural Broadband Development Summit APAC 2026, convened by the World Broadband Association (WBBA) to build consensus on AI-era networks.

Participants included the ITU, Thailand’s National Board of the Digital Economy and Society, WBBA, IAB, FNCAP, WAA, NIDA and the IPv6 Council, alongside operators Telkomsel, XLSmart, Surge, Globe, AIS, CMI and HKT and Huawei.

Denny Deng, President of Huawei Asia Pacific Carrier Business, envisions a “faster, smarter, greener” Asia-Pacific.

VOICES FROM THE SUMMIT

“To seize the opportunities of the AI era, we call on the industry to accelerate broadband evolution, advance computing-network synergy, and strengthen the cross-border connectivity. Together, let us build faster, smarter, and greener digital infrastructure for Asia-Pacific.”
— Denny Deng, President of Asia Pacific Carrier Business, Huawei

“High-speed broadband is no longer just about ‘getting online’ — it is the vital infrastructure upon which the entire AI revolution is being built. We view AI not merely as a tool, but as a primary engine for national competitiveness and a catalyst for improving the quality of life for all.”
— Wetang Phuangsup, Ph.D., Secretary-General, the National Board of the Digital Economy and Society, Thailand

“Three initiatives define the road to 2030. We must close the quality divide so the value of broadband reaches everyone. We must build AI-ready networks — 10G access, 800GE cores, intelligence end to end. And we must do it together, through shared standards.”
— Martin Creaner, Director General of WBBA

“Moving towards next-generation networks, network architectures must continue to evolve to deliver broader connectivity, superior quality, enhanced security, and greater intelligence. This evolution is essential for Net5.5G, positioning the network not simply as infrastructure, but as the foundation that enables AI, strengthens resilience and efficiency, and supports digital transformation across industries.”
— Dhruv Dhody, Industry Standardization Expert at Huawei, Chair of the IAB, IETF

“Across Asia-Pacific, fibre is extending beyond homes and offices into rooms, devices, and machines. By working together, we can accelerate fibre innovation and adoption to build truly AI-ready infrastructure.”
— Ilham Nandana, Chair of the Market Intelligence Committee, Fiber Network Council APAC (FNCAP)

“We fixed it before you feel it!  AIS is redefining premium home broadband by combining ultra-fast connectivity with AI-driven network intelligence and smart home ecosystem — delivering proactive, invisible service excellence that transforms connectivity into differentiated customer value and sustainable ARPU growth.”
— Thanit Chaiyaboonthanit, Head of Technology Department, Broadband Business, AIS

“Connecting the Unconnected: Affordable Broadband at Scale. Create equal access to global information and empower Indonesia’s digital society.”
— Shannedy Ong, CTO of Surge Indonesia

“Beyond Connectivity: Telkomsel is transforming into a true value creator. By leveraging our FBB market-leading footprint, we power growth through service excellence, customer loyalty, and a next-generation home ecosystem.”
— Stanislaus Susatyo, Director of Sales, Telkomsel Indonesia

“We stopped treating AI as an add-on feature. Instead, our approach at Globe starts with architecture, embedding intelligence into the very core of how we build, how we sell, and how we operate.
AI continuously monitors network health, customer behavior and service quality. Rather than waiting for failures, the system predicts degradation and initiates corrective actions. By maintaining minute-level awareness of network health, our systems automatically resolve 30% of all Wi-Fi issues without any human intervention.”
— Danny Theseira, Head of Broadband Business Group at Globe Telecom

“Huawei is driving the Optics-AI Synergy to foster their collaborative growth. Through AI-ON, operators could build an AI-centric all-optical target network and establish 1-5-20ms latency circles across the Asia Pacific region. AI-ON also supports efficient computing access and usage while delivering an ultimate network experience through gigabit/ultra-gigabit home broadband, accelerating the widespread adoption of AI services.”
— Kim Jin, Vice President & Chief Marketing Officer Optical Business Product Line, Huawei

“Connectivity is not just about technology. It is a lifeline, a platform for opportunity, and a driver of sustainable development. I believe the intersection of connectivity and artificial intelligence will shape the future of smarter, more resilient networks.”
— Dr. Cosmas Zavazava, Director of the Telecommunication Development Bureau, ITU

“Performance and user experience are the essential path to the next-generation WLAN. Based on standards and AI-driven innovation, let’s jointly explore the path to the future autonomous WLAN with all the stakeholders.”
— Dr. Crane H. Yang, Secretary-General, World WLAN Application Alliance (WAA)

“At the summit, NIDA and WBBA signed an MOU to accelerate next-generation network evolution and establish pioneering smart city benchmarks through the co-development of industry standards, the harmonization of global regulations, and the sharing of vertical industry insights.
NIDA focuses on advancing network architecture standards, while WBBA drives global consensus on broadband evolution. This natural strategic complementarity creates vast opportunities for future collaboration.”
— Joey Deng, Secretary-General of NIDA

“ION-2030 develops the global standard for next generation optical networks in the AI era. It provides exceptional AI application and service experience. The WBBA and ITU will jointly accelerate its development, and this is a unique opportunity for Asia-Pacific stakeholders to actively influence the future of optical broadband networks.”
— Dr. Marcus Brunner, Chief Expert Standardization, WBBA WG1 Chair and Vice-Chair of ETSI ISG F5G

“The transition into the AI era demands a high-quality, deterministic digital foundation. By releasing Net5.5G policy guidelines, Malaysia is accelerating the evolution of next-generation network standards based on IPv6, establishing an innovative infrastructure to unleash AI’s value and drive a prosperous digital economy for 2030.”
— Prof. Sureswaran Ramadass, Chair of APAC at IPv6 Council, Industry Partner of WBBA

“The digital economy is thriving across the Asia-Pacific region, with AI emerging as a core catalyst for intelligent transformation. China Mobile International (CMI) is driving regional growth by integrating China’s advanced AI capabilities with comprehensive communications, computing, and AI services. Moving forward, CMI will collaborate closely with industry partners to foster a shared, AI-driven future for the region.”
— Paul Lin, Managing Director of Commercial and Technology, Asia Pacific, China Mobile International

“Next-generation network infrastructure is the oxygen of the intelligent economy. By integrating cutting-edge 800G connectivity with quantum-safe security, HKT is laying the essential foundations to keep Hong Kong’s enterprises highly competitive, secure, and ready for the computing paradigm shifts of tomorrow.”
— Wilson Cheung, Vice President, Broadband Design & Cyber Security, HKT

“The evolution toward Net5.5G AI WAN is an important step in strengthening XLSMART’s transport network for the future. By progressively adopting AI-assisted operations, SRv6, SDN, service differentiation, and higher-capacity transport infrastructure, we are enhancing network intelligence, operational efficiency, and service resilience while supporting long-term sustainability. This transformation is a continuous journey that aligns with the industry’s vision of AI-native broadband networks. Through collaboration with our technology partners and the broader ecosystem, we will continue to develop capabilities that deliver better network performance and support Indonesia’s growing digital connectivity needs.”
— Regie Ginanjar, Head of Transport Autonomy & Orchestration, Transport Network Transformation, XLSMART

“For the AI era, Huawei upgrades the IP bearer network via security resilience, multi-dimensional awareness, and network autonomy. This empowers carriers to guarantee service experience, accelerate monetization, and enhance efficiency, ushering in a new chapter of intelligent connectivity.”
— Arthur Wang, Vice President of Data Communication Product Line, Huawei

A CONVERGING VIEW

Speakers agreed AI is shifting networks from connectivity to intelligent connectivity, as broadband, IP, computing and cross-border infrastructure converge to support innovation and coordination.

WBBA launched the AI-Net Certification, a global benchmark for national policy, industrial ecosystems and network intelligence. XLSmart was named first AI-Net Champion, and Indonesia was among the first with a certified operator, backed by its Net5.5G roadmap.

In another high-profile segment, WBBA Director General Martin Creaner presented the Gigacity Certification to KOMDIGI, SURGE, Telkomsel, AIS, TRUE, HKT and Globe, recognizing regional broadband pioneers.

 

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SOURCE HUAWEI

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Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

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SOURCE Laifen

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Pillsbury Notice of Data Breach

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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