NEW YORK, Jan. 15, 2025 /PRNewswire/ — The global printers market size is estimated to grow by USD 10.65 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 3.46% during the forecast period.

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Region Outlook

North AmericaEuropeAsiaRest of World

1. APAC – APAC is estimated to contribute 52%. To the growth of the global market. The Printers Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. 

The Asia-Pacific (APAC) region is projected to be a lucrative market for printer manufacturers due to the widespread adoption of automation and the emphasis on operational efficiency in various industries and verticals. Key factors driving the printer market in APAC include the proliferation of automation and the increasing demand for productivity and business process optimization. This region consists of developed economies, such as South Korea, Japan, and Singapore, as well as developing countries, including China, India, Malaysia, Vietnam, the Philippines, and Indonesia. Major printer manufacturers, such as Ricoh Co. Ltd., Konica Minolta Inc., Kyocera Corp., Epson, and Sharp Corp., are based in APAC, contributing significantly to the market growth.

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Segmentation Overview

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 AfricaConnectivity 4.1Output 5.1

1.1 Fastest growing segment:

Laser printing is a popular technology in the printing industry, utilizing electrophotography or electrostatic charges for image production. In this process, a laser beam is used to induce charges, enabling precise printing. Laser printing caters to various applications, including variable data and wide-format printing. Compared to inkjet and LED printing, laser printing boasts advantages such as speed and precision. Laser printers are more expensive upfront but offer lower running costs due to their use of dry ink. Primarily used in offices, laser printers have gained popularity among enterprises due to their accuracy and efficiency. In January 2021, Ninestar Co. Ltd., a leading laser printer and toner cartridge manufacturer, introduced its Elite Series, consisting of six laser printer models. Key growth factors include the emergence of compact laser printers, increasing demand for A4 and A3 laser multifunction printers from enterprises, and declining laser printer prices. However, the emergence of ink tank printers may hinder growth during the forecast period. Despite this, the demand for laser printing technology is expected to remain steady due to enterprise demand for laser multifunction printers.

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Research Analysis

The printing market encompasses a wide range of printers designed for various applications, from A4 office printers to large-format packaging printers. Mobile printing technology enables users to print from their smartphones and tablets, making printing more convenient than ever. Color printing has become the norm, with inkjet and solvent ink printers leading the charge. The ecosystem of inks and software plays a crucial role in delivering high-quality prints. Printers have evolved into electronic tools, capable of processing text and images from computers and other devices via data cables, USB, short-range radio, or Bluetooth. The hardware and output technology behind these devices transform electronic data into tangible documents and photos, making them essential computer peripherals for both personal and professional use.

Market 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 like A4 printers cater to individual consumers, while businesses rely on multi-functional printers, copiers, and multifunctional systems. Inkjet printing uses various types of inks such as solvent, water-based, UV-based, LED, and UV-cured inks, while toner is used in laser printers. Cloud-based computing and software ecosystems facilitate digital integration, enabling users to print from various devices like computers, smartphones, and tablets. Ink cost is a significant factor, with inkjet printer cartridges available in various sizes and ink subscriptions offering cost savings. Environmental concerns include the use of heavy metals and energy consumption, as well as the environmental impact of printing processes and carbon emissions contributing to climate change. Companies are addressing these issues through the use of eco-friendly materials like ocean-bound plastic and ink tanks that reduce waste. Security features, such as encryption and access control, are increasingly important for both residential and commercial printers, especially in the context of managed print services and digital integration with platforms like Dropbox and Google Drive. The global printer market includes various types of printers, including ink tank printers, monochrome and color printers, wired and wireless printers, and standalone printers or MFPs.

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Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor 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

HONG KONG, Jan. 16, 2025 /PRNewswire/ — Lingnan University recently launched its inaugural seminar series “A Personal Perspective on Doing Good Research”. The series commenced with a seminar delivered by Prof S. Joe Qin, President and Wai Kee Kau Chair Professor of Data Science at Lingnan University, entitled “Doing Research to the Best of and Bigger Than Yourself”. Organised by the School of Graduate Studies (GS), this monthly event will feature presentations from senior university management and leading scholars, offering a platform for academics to share valuable insights and experiences from their personal research. The series aims to encourage productive discussions on best research practices, and offers participants opportunities to engage with leading scholars within the university.

The seminar attracted around 100 participants, including Vice-Presidents, Associate Vice-Presidents, faculty, and students. As a globally renowned expert in data science, industrial Artificial Intelligence (AI), and smart technologies, President Qin shared his academic experiences and valuable insights on conducting impactful research. He highlighted the shift towards citation-driven research influenced by academic publishers and university rankings, emphasising the need to focus on fundamental research that delivers near-term outcomes. Through personal experience of submissions being rejected, he encouraged the audience to aim for impactful contributions that extend beyond individual achievements.

President Qin expressed gratitude for and emphasised the importance of the support and wisdom of mentors and colleagues. He also posed questions for young scholars to consider regarding their development within the faculty and the university, such as how to adapt to new developments in their research areas. He advised scholars to think about their long-term goals and societal contributions, stressing the importance of future planning over immediate achievements.

“Embrace the big picture, plan for the future, and keep in mind that while ideas may have been thought of before, the challenge lies in reimagining them. Ultimately, strive to make meaningful contributions to society—this is how we give back,” he said.

With over 470 publications and 12 US patents, President Qin has made significant contributions to his field of expertise. His research achievements include more than 41,500 citations on Google Scholar and an impressive H-index of 89, solidifying his position as a leading figure in the field.

Audiences participated actively in the wide-ranging discussions that followed the presentation. They explored important topics, including the use of AI in research, and the allocation of time for academic pursuits alongside other life goals. President Qin’s insights prompted thoughtful conversations reflecting the diverse perspectives within the audience.

“I am a new PhD student at Lingnan, and this was the first seminar I attended here. I feel that President Qin’s reflections and advice came at just the right time for me. Two points, in particular, were especially important. Firstly, his career is an encouraging example for me, as I also want to transition from industry into academia. Secondly, I will spend some time thinking carefully about who could benefit from my research, so that I can focus my efforts on something that is ultimately useful to society,” Mr Patric Hagen Harting, a PhD student, said.

The first seminar was successfully concluded on 13 January, and the next seminar in the series will be held on 12 February, led by Prof Raymond Chan Hon-fu, Vice-President (Academics) cum Provost and Lam Man Tsan Chair Professor of Scientific Computing at Lingnan University. Prof Chan, an expert in computational mathematics, will discuss research methodology and general principles applicable across various research fields.

For further information on upcoming seminars, please visit: A Personal Perspective on Doing Good Research Seminar Series.

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SOURCE Lingnan University

TAIPEI, Jan. 16, 2025 /PRNewswire/ — Aetina, a leading provider of edge AI solutions, announces its comprehensive support for Super Mode, a feature introduced in the latest NVIDIA® Jetson Orin™ NX and Jetson Orin™ Nano modules. This enhancement, set to be enabled by the NVIDIA JetPack™ software development kit’s 6.2 release this month, delivers up to 2x boost in generative AI inference performance, reinforcing powerful applications in computer vision, robotics, and local AI deployment.

Super Mode transforms the operational capabilities of the Jetson Orin platforms by enhancing their processing performance and efficiency, making them ideal for demanding AI applications at the edge. With Super Mode, Jetson Orin NX and Orin Nano modules deliver up to a 70% increase in AI TOPS, allowing a wide spectrum of AI models to run, including LLMs, VLMs, and Vision Transformers (ViTs). Aetina’s DeviceEdge series, including models AIE-CN/CO-1-S1, AIE-PN/PO-1-S1 and AIE-KN/KO-1-S1, are fully optimized to leverage these substantial enhancements, providing a formidable platform for enterprise and industrial AI solutions.

Key Advancements with Super Mode:

Boost AI Capabilities: Super Mode enables more complex generative AI models to run faster and more efficiently, ideal for versatile applications potential, including LLM chatbot, visual AI agent, AI-based robotics and proactive edge computing applications.Comprehensive Ecosystem Support: The rich NVIDIA software ecosystem combines essential development tools like NVIDIA Isaac, NVIDIA Metropolis, and NVIDIA TAO Toolkit, enabling developers to rapidly build and deploy sophisticated AI solutions with confidence.

“As an Elite member of the NVIDIA Partner Network, Aetina is committed to bringing cutting-edge AI capabilities to the edge computing market,” said Troy Lin, Senior Manager of Product Development at Aetina. “The integration of Super Mode for Jetson Orin NX and Orin Nano modules into our DeviceEdge series represents a significant leap forward in edge AI computing. It is more than just a performance upgrade – it’s a strategic investment in future AI capabilities. Super Mode helps ensure our clients’ AI infrastructure stays ahead of emerging technologies and future workload demands.”

With the NVIDIA JetPack 6.2 release, Aetina is poised to propel its clients into a new era of AI with enhanced capabilities that promise to revolutionize industrial and enterprise applications. Alongside the software updates, Aetina will launch new system models with Super Mode for Jetson Orin Nano modules in Q1 and Super Mode for Jetson Orin NX modules in Q2 2025 to accommodate the enhanced performance needs, ensuring system durability and reliability across a variety of operational conditions.

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SOURCE Aetina Corporation