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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..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

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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SOURCE Technavio

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DEKRA Korea to Acquire Global Product Service, Strengthening Consumer Electronics Testing and Certification Capabilities in Korea

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GIMHAE-SI, South Korea, April 20, 2026 /PRNewswire/ — DEKRA, a leading global provider of testing, inspection, and certification services, today announced it has signed a definitive agreement to acquire Global Product Service Co., Ltd (GPS), a prominent South Korean company renowned for its expertise in consumer electronics product testing and certification.

This strategic acquisition will significantly enhance DEKRA Korea’s capabilities within the rapidly growing consumer electronics sector, bringing together DEKRA’s global network and comprehensive service portfolio with GPS’s deep-rooted local knowledge and decades of experience serving South Korea’s leading manufacturers.

GPS has established a strong reputation for its in-depth technical expertise and unwavering commitment to quality, particularly within the consumer electronics market. For many years, GPS has been a trusted partner to major South Korean electronics companies, providing testing and certification services that ensure product safety, performance, and compliance with international standards.

The successful acquisition is a result of the strong collaboration and commitment from both DEKRA and GPS. Key representatives who participated in the signing, embodying this collaboration, were Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region; Ming Sheng, Vice President of Automotive Testing, DEKRA China; Young Seok Lee, CEO of Global Product Service Co., Ltd; and Seong Su Kim, Director of Global Product Service Co., Ltd.

“We are thrilled to welcome Global Product Service Co., Ltd to the DEKRA family,” said Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region. “This acquisition represents a significant milestone in our growth strategy in South Korea. GPS’s deep understanding of the local market, combined with their specialized expertise in consumer electronics, perfectly complements DEKRA’s global strengths. Together, we will offer unparalleled testing and certification solutions to our clients, empowering them to bring innovative and reliable products to market with greater speed and confidence.”

The integration of GPS into DEKRA Korea will leverage synergies in technology, talent, and market reach. This will enable DEKRA to further support South Korean manufacturers as they navigate complex global regulatory landscapes and strive for excellence in product development and quality assurance. Clients can expect a seamless transition and continued access to the high-quality services they have come to rely on from both organizations.

Young Seok Lee, CEO of Global Product Service Co., Ltd commented, “Joining forces with DEKRA is an exciting opportunity for GPS. DEKRA’s global reach and extensive resources will allow us to expand our service offerings and better serve our existing and future clients. We are confident that this partnership will create significant value for the South Korean consumer electronics industry, providing enhanced support and innovation.”

About DEKRA

For more than 100 years, DEKRA has been a trusted name in safety. Founded in 1925 with the original goal of improving road safety through vehicle inspections, DEKRA has grown to become the world’s largest independent, non-listed expert organization in the field of testing, inspection, and certification. Today, as a global partner, the company supports its customers with comprehensive services and solutions to drive safety and sustainability forward—fully aligned with DEKRA’s anniversary motto, “Securing the Future.” In 2024, DEKRA generated revenue of 4.3 billion euros. Around 48,000 employees are providing qualified and independent expert services in approximately 60 countries across five continents. DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

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SOURCE DEKRA Asia Pacific

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BLUETTI Showcases Integrated PAYGO Energy Solution at Canton Fair, Expanding Partnership Opportunities in Africa

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GUANGZHOU, China, April 20, 2026 /PRNewswire/ — From April 15-19, 2026, at the 139th Canton Fair, clean energy innovator BLUETTI presented an integrated Pay-As-You-Go (PAYGO) solution that combines digital distribution tools with off-grid energy products, as the company expands its presence in emerging markets, particularly across Africa.

The solution brings together BLUETTI’s proprietary BLUETTI GO platform and a range of PAYGO-enabled solar home systems, reflecting a broader shift in the industry from standalone hardware sales to more structured distribution and financing models.

PAYGO has gained traction in regions where upfront costs remain a key barrier to energy access. By enabling installment-based payments and remote device management, the model allows consumers to access electricity services with lower initial investment, while offering distributors greater visibility into repayment and asset performance.

BLUETTI GO serves as a centralized platform for distributors, integrating sales tracking, inventory control, credit profiling, payment overdue tracking, risk monitoring, and operational analysis. These features are designed to help partners operate more efficiently and support long-term business planning in PAYGO-driven markets.

The company’s product lineup includes entry-level solar home systems such as the P80(battery capacity 76.8Wh), to African Star (battery capacity 1728Wh), designed for basic electricity needs, as well as the higher-capacity Home Star (battery capacity 2kWh-5kWh) series for off-grid household energy storage. These systems can be deployed independently or bundled with appliances such as televisions, fans, and lighting equipment.

As demand for decentralized energy solutions grows across Africa, supported by both public and private investment in renewable infrastructure, PAYGO models are playing a larger role in bridging the gap between energy access and affordability. 

Driven by product breakthroughs and innovative business practices, BLUETTI has been enlarging its footprint in the region in recent years. The company operates across more than 40 African countries, supported by local teams and pilot programs, including a Nigerian initiative launched in 2020 that has expanded into a network of branded retail outlets.

About BLUETTI

Founded in 2013, BLUETTI is a leading global provider of energy storage solutions, specializing in home solar batteries, portable power stations, and solar generators. Through initiatives like the LAAF (Lighting Africa Affordable Financing program), BLUETTI aims to power 1 million African families in off-grid areas. Today, it serves over 3.5 million users in 140+ countries and regions. Learn more: https://bluetti.com/

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Moomoo Pioneers the Era of Agentic Investing with Launch of Moomoo API Skills

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The first AI-powered API Skills that turn trading ideas into execution — no coding required

KUALA LUMPUR, Malaysia and SINGAPORE, April 15, 2026 /PRNewswire/ — Moomoo today announced the launch of Moomoo API Skills, its AI-powered capability that enables investors to execute sophisticated trading strategies using natural language — marking a major leap in making institutional-grade tools accessible to all.

This breakthrough positions Moomoo at the forefront of a new era of investing, where anyone with an idea can turn it into action — without writing a single line of code.

A First-of-Its-Kind Breakthrough in Investor Accessibility

For years, advanced trading capabilities such as algorithmic strategies, real-time automation, and multi-market data access have long been limited to professional traders.

Moomoo API Skills removes this barrier.

Investors can now describe their strategy in plain language, from technical signals to execution conditions, and have it translated into live or simulated trades instantly.

“This is the first time Wall Street-level trading capability is made truly accessible through everyday language,” said Robin Xu, Group Senior Partner & Senior Vice President, Futu Holdings. “We are not just simplifying trading tools — we are redefining who gets to use them.”

From Tools to Trading Assistants

Moomoo API Skills introduces a new paradigm of agentic investing, where AI acts as an execution partner rather than a passive tool.

Instead of navigating complex systems, investors can:

Describe their strategyLet AI translate it into execution logicMonitor and respond to markets in real time

This effectively creates an always on trading assistant, enabling faster and more structured decision making.

Institutional Capabilities Made Accessible

Built on Moomoo’s Open API ecosystem, the capability provides:

Zero code strategy executionGlobal market access across US, Singapore, Hong Kong SAR, Japan, and moreReal time monitoring and automated triggers

At the same time, Moomoo maintains strong control and security through its local-first architecture powered by Moomoo OpenD, where:

Data remains on the user’s local environmentExecution requires user confirmationExposure to third party risks is reduced

Closing the Execution Gap

Today’s investors are not short of information, but often face challenges in executing consistently and efficiently. Moomoo API Skills is designed to close this gap by simplifying how strategies are expressed and carried through. It also strengthens Moomoo’s ecosystem, including Moo Academy, MooveNetwork and the Option Playbook, enabling a seamless journey from learning to execution.

“The challenge today is no longer access to information, but the ability to act on it effectively,” said Xu.
“Moomoo API Skills helps investors translate intent into structured action while keeping them fully in control.”

Pioneering the Next Phase of Investing

The launch reflects a broader shift in investing, from tool based platforms to intent driven systems. With Moomoo API Skills, investors can define what they want to achieve, while intelligent systems handle how it is executed. This creates a more direct and structured path from idea to action, allowing investors to focus on strategy rather than operational complexity.

“We believe the next phase of investing is agentic — where investors define their intent and intelligent systems help carry out strategies. With Moomoo API Skills, investors can turn their ideas into structured strategies that can be tested and executed seamlessly within a single environment. Our focus is on enabling this in a way that enhances decision-making while keeping investors fully in control, bringing a more intuitive and accessible approach to strategy-driven investing,” said Xu.

About Moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, Moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, Moomoo is trusted by more than 29 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit Moomoo’s official website at www.moomoo.com

Disclaimers

The contents herein do not constitute an offer, solicitation or recommendation to invest in any capital market products. Investors should understand the risks involved in relation to the products and services, conduct their own risk assessment and seek professional advice, where necessary. Investors should compare and consider the fee, charges and costs involved. Past performance is not indicative of future performance.

This document has not been reviewed by the Securities Commission Malaysia. Please refer to the Advertisement Disclaimer on our website.

Investments in capital market products involve risk. Full disclaimers at www.moomoo.com/sg/support/topic5_510. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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SOURCE Moomoo

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