Connect with us

Technology

Defying Convention to Deepen Connections: Booking.com’s Predictions for Travel in 2025

Published

on

Research shows that American travelers will reject tradition and rewrite the rules, taking travel to new directions in the year ahead

NEW YORK, Oct. 16, 2024 /PRNewswire/ — Booking.com’s annual Travel Predictions research* reveals that travelers will be rewriting their playbook in 2025, defying the rules of conventional getaways, and forging new connections with themselves, their loved ones, those they meet along the way, as well as the destinations they visit. Whether rewriting the norms of expected travel based on age, gender, or simply what society thinks travel should look like for anyone, emboldened travelers are breaking out of familiar patterns and using their individual journeys to fuel and find personal growth.

“Travel plays a central role in bringing people closer together with our research showing that Americans are looking to develop deeper connections and a sense of unity through their travels in the year ahead,” comments Ben Harrell, Managing Director, US at Booking.com. “The trends we see emerging for 2025 toss conventional travel aside and make room for more non-traditional experiences that accept and embrace uncertainty. Luckily, the travel industry is an economic engine for the country that can break down barriers, renew relationships, and proffer personal growth. Booking.com remains committed to contributing to the positive impact of travel in 2025 and beyond, investing in technology that makes it easier to experience the world in an even more personalized way, aligned with trends and preferences that are important to Americans.”

Booking.com’s predictions for travel in 2025 are as follows:

SKI Trips: Boomers will throw caution to the wind and push the limits on generational travel

Forget a restful retirement; baby boomers are rewriting the rules on travel, showing the rest of the generations what ‘living their best life’ is all about. ‘SKI’ trips will be on the rise – but not on the slopes – as parents and grandparents flip priorities by Spending Kids’ Inheritance (SKI) instead of squirreling their savings. Two-fifths (41%) of American parents would rather spend money on a trip of a lifetime in 2025 than leaving inheritance to their children – with baby boomers coming in at 45% and the silent generation (those over 80) at 40%.

But next year, this trend will take on an altruistic approach, as older relatives look to splash the cash among their families, helping the younger generations through the cost of living crisis by paying for their next vacation. While the majority (51%) of Americans admitted that their parents had already paid for their vacations or part of their vacations since being an adult, boomers are likely to influence an uptick thanks to the 77% who are happy to pay for their children and 81% who are happy to pay for their grandchildren when booking their next trip. Prepare for more multi-generational trips courtesy of the Bank of Mom & Dad or Bank of Grandma & Grandpa.

But not only will boomers be opening their wallets in 2025, an emerging cohort are also expected to defy their years and conventional expectations in favor of thrill seeking in 2025. Over one-third (37%) of this generation are interested in vacations that involve adventure (up from 17% in 2024**) and 20% are eager to push beyond their established comfort zones, reconnecting with the reckless abandon of youth.

NocTourism: Travelers will have their head in the clouds as they look towards celestial happenings, cooler climates, and midnight magic 

With space tourism edging ever closer to reality, American travelers will be focused on building connections with the universe as they turn to more attainable astro-pursuits in 2025. Ditching the daylight crowds for midnight magic, over half (59%) of Americans are considering visiting darker sky destinations with starbathing experiences (63%), star guides (55%), once in a lifetime cosmic events (52%) and constellation tracking (52%) top of the stellar adventure list.

Concerns around climate change have also influenced this shift, with half (50%) planning to elevate their nighttime pursuits to avoid rising daytime temperatures and one-third (33%) of Americans preferring to vacation in cooler locations. Protection from UV rays is important for 57% of Americans who say they plan to reduce the amount of time they spend in the sun, while more than half (52%) expect to plan activities in the evenings and early mornings when the sun is at its lowest.

An appreciation for the nocturnal world is also expected to deepen American travelers’ connections with nature, as the majority (52%) would book a place to stay without lights to encourage less light pollution and preserve flora and fauna. . 

Boyz II Zen: Men are set to abandon bravado and embrace the introspective guys’ trip

Booze and bravado are set to take a back seat, as men lean in favor of guys’ trips rooted in wellbeing, self-development and empowered vulnerability. With cultural change bringing progress to conversations around men’s mental health and societal pressures, moments that combat loneliness and prioritize more mindful bonding will prevail in travel. Nearly half (46%) of Americans confirmed that they would encourage one of the men in their life to go on a men-only trip, jumping to 69% for Gen Z and 65% for millennials.

American male travelers are casting aside societal expectations and ‘bro culture’ cliches to rest and rejuvenate (27%), embrace personal growth (27%), switch off from the stresses of everyday life (19%),  and pursue mental health benefits (18%). Building connections, both old and new, will be crucial with a quarter (25%) looking to make new friendships, 19% looking to improve their relationship building skills with friends and family and 12% considering a men-only trip to tackle feelings of loneliness.

And further defying expectations, it’s women persuading the men in their lives to go on a men-only trip, with 54% encouraging their partner, 29% their friends, 24% their brother and 14% their father to put themselves first.

The Gate Escape: Airports will become the destination, not just a stop along the way

Gone are the days of arriving ‘just in time’ to avoid lingering in crowded lounges post-security, as American travelers reframe their 2025 vacation kick-off to embrace a new era of airport entertainment. More than a quarter (27%) express an interest in visiting somewhere because of its airport, with 57% curious about airports that offer more unique experiences or facilities.

But it’s Gen Z and millennials who will likely set to fuel this trend. Among both, 53% are keen to consider destinations based on their airport, rejecting stressed-out stereotypes in favor of indulgent experiences: from sleep pods (28% Gen Z, 33% millennials) and spas (34% Gen Z, 34% millennials) to Michelin star restaurants (15% Gen Z, 22% millennials). With this flip in mindset, American travelers are expected to turn every missed connection into a slay-over next year.

With more than half (52%) of American travelers suggesting they would feel more excited and stress-free about their trip if there were a wider array of facilities for use prior to their flight, vacations will start long before the plane is boarded. In 2025, the start of the journey could be just as exciting as the destination.

Passport to Longevity: Travel experiences that play a role in living a longer, healthier life will be in higher demand

With more than half (52%) of American travelers revealing they would pay for a vacation that’s sole purpose was to extend their lifespan and wellbeing, 2025 could mark the first year of the rest of their longer lives.

A vacation is no longer just time to unwind. Driven by the desire to cultivate better lifestyle choices, almost half (49%) of American travelers are interested in a longevity retreat – a super-charged flex on traditional wellbeing itineraries where temporary fixes are replaced in pursuit of a longer, healthier life.

Deep revitalization is a top priority, from body vibration (48%) and red light therapies (47%) to cryotherapy (32%) and stem cell treatment (35%). More than half (57%) are looking for new wellness activities they can mix into their daily lives as they reconnect with a more balanced version themselves, including learning about timed coffee ingestion (30%) and IV therapy (29%).

Vintage Voyaging: Travelers will rethink souvenirs, opting for unique, secondhand finds to commemorate their trips

Vacation wardrobes will get a makeover in 2025, as trendy travelers turn vintage voyagers, hitting thrift stores while on holiday to curate a more sustainable suitcase. Over a third (38%) of American travelers said they would be interested in buying their vacation wardrobe during their trip rather than before, jumping to 59% of Gen Z, while 55% would visit thrift stores on vacation with nearly three quarters (74%) having already bought vintage or second-hand products when abroad.

No doubt influenced by both cost and climate awareness, this shift isn’t just about style – it’s about staying savvy. With 58% of American travelers intending to be thriftier on their trips and 67% tightening budget planning in order to maximize their experiences, finding bargain hidden gems in second-hand stores will become a pivotal part of the adventure in 2025. Flying in the face of fast fashion and mass consumerism, more than one-quarter (27%)  say they find better quality products in vintage stores abroad than at home, while 29% say they buy vintage on vacation because they find better bargains.

With travelers interested in bringing home pieces that tell a story, a thrift trip is now more than just shopping; it’s a way to bring cultural connections back home, all while making eco-conscious and wallet-friendly choices. Move over fridge magnet, vintage clothes will be the new souvenir of choice in the year ahead

AI = Alternative Itineraries: Travelers will tap into technology to source more travel experiences to meet their unique needs and expectations

New technologies are already helping travelers find experiences tailored to their needs, but in 2025 we’ll see innovations being leveraged to help people travel more respectfully, caring for the wellbeing of the destinations they visit and meeting the needs of diverse travelers with more specific travel needs and expectations.

Almost two-thirds (62%) will use technology to make informed decisions that contribute positively to the locations they visit. AI-powered tools, like Booking.com’s AI Trip Planner, are set to play a pivotal role in shaping these journeys, withAmerican travelers also expected to apply a more responsible lens to how they are using technology. Nearly half (49%) of American travelers won’t tag locations on social media when visiting a lesser known destination in 2025 to keep it under wraps and avoid encouraging flocks of Instatourists. Technology will equally play a role in finding alternatives that can be shared without the guilt of overburdening the usual hotspots, with 61% hoping to use technology to find less crowded areas.

With different ways of thinking and processing information, neurodivergent travelers will also be using emerging and evolving technologies to put their needs in the spotline and revolutionize how they experience the world in 2025. Over two thirds (67%) of travelers who identify as neurodivergent are interested in AI tools that would provide them with up-to-date travel information, reports of delays and suggestions on quieter, less busy spaces in airports and hotels. Sensory rooms in airports, hotels and other locations are sought after by 67%, while 77% would like to see more ‘block out noise’ options across the travel experience.

For more information about Booking.com’s 2025 Travel Predictions, please visit Booking.com/2025-travel-trend-predictions-report.html. To download the global Travel Predictions 2025 report visit https://news.booking.com/.

CONTACT DETAILS

For any queries, please contact Kelly Wells, kwells@hs-pr.com

METHODOLOGY

* Travel Predictions 2025 research commissioned by Booking.com and conducted among a sample of adults who plan to travel for business or leisure in the next 12-24 months. 1,006 respondents from the US were polled. Respondents completed an online survey in July-August 2024.

** Travel Predictions 2024 research commissioned by Booking.com and conducted among a sample of adults who plan to travel for business or leisure in the next 12-24 months. 1,005 respondents from the US were polled. Respondents completed an online survey in July 2023.

View original content:https://www.prnewswire.com/news-releases/defying-convention-to-deepen-connections-bookingcoms-predictions-for-travel-in-2025-302277510.html

SOURCE Booking.com

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Clinisys continues expansion of India operations; moves to larger office space in Bengaluru

Published

on

By

Clinisys, a global provider of laboratory informatics software, announces opening of its new office space at RMZ Ecoworld, Bengaluru’s landmark business park. The move aligns with the organization’s commitment to expand its employee base in the region.

BENGALURU, India, Jan. 16, 2025 /PRNewswire/ — Clinisys, a leading global provider of intelligent diagnostic informatics solutions, announces the opening of its new office space in Bengaluru. The new office, located at Bengaluru’s premium IT business park, RMZ Ecoworld at Bellandur, covers a sprawling 35,000 sq. ft. area. The LEED certified, state-of-the-art office offers a seating capacity of approximately 300 people, modern amenities and a great location advantage.

The move reaffirms the organization’s continued commitment to develop and expand its India operations. Over the last two years, Clinisys has consistently ramped up its hiring in India by over 50%. The organization currently has a strong team of 480+ professionals based in India working as part of its global technology team to support its 4,000+ lab customers around the world.

“As the global leader in lab informatics, with over 45 years of domain experience, Clinisys has a clear strategy to create and deliver the next evolution of cloud-based laboratory solutions. Clinisys operates in over 39 countries, with over 700 engineers working from 12 countries. Our India team adds exceptional, highly skilled tech talent to our workforce and is crucial to helping us deliver our plans at the appropriate velocity and scale,” said Clinisys CEO, Michael Simpson. “As we continue to pursue excellence in developing both our world class solutions and our industry expertise, expanding our India operations was an obvious decision for us.”

The new Clinisys office space has been designed with elegant interiors and modern seating arrangements, offering dedicated space for group huddles, meetings, collaboration and relaxed work areas.

“The new office space is a representation of our aspiration to lead the laboratory informatics marketplace with cutting edge software advancements and top technical talent. It aligns with the organization’s aim to attract the best talent, develop industry leading experts and create a sustainable environment for our multi-generational and growing employee base in India,” said Karthik Reddy, Vice President, Clinisys India. “As we look to the future, we will continue to harness the excellent technological skillset available in the region and grow our capabilities in developing future-proof diagnostic solutions across multiple industry sectors.”

In 2024, Clinisys added 225 talented professionals to our workforce in India growing our global technology team to 1,450+ professionals. As a prelude to the office expansion, and a demonstration of Clinisys’ commitment to supporting their growing team in India, Clinisys also recently celebrated the first ever India Integration Day event, bringing together more than 400 employees from all over India for three days of team building and colleague engagement activities at an exotic luxury destination in Goa.

Clinisys continues to develop and deliver the next evolution of laboratory informatics across healthcare, contract services, public health and safety, environment, water quality, food and beverage, and crop sciences, helping laboratories accelerate productivity and quality and to future-proof their businesses. As part of the Clinisys strategy, the team is also working to expand its support into life sciences and pharma laboratories.

As an organization, Clinisys is committed to provide an inspiring, trusted work environment that empowers professionals to optimize their talent and achieve excellence. The Clinisys Human Resources team is committed to creating a culture that provides the right opportunities for growth, recognizes and acknowledges employee contributions and maintains a transparent, collaborative workspace.

In India, the organization has 480+ employees working from its Bengaluru and Kolkata offices. The multi-generational team in India works across various functions including product management, product development and client experience domains.

Established in 1979, Clinisys has more than 1450 employees working to supports its customers across the world.

About Clinisys 

Clinisys enables healthier and safer communities as a global provider of intelligent diagnostic informatics solutions and expertise that redefine the modern laboratory across healthcare, life sciences, public health and safety. Millions of laboratory results and data insights are generated every day using Clinisys’ platform and cloud-based solutions in over 4,000 laboratories across 39 countries.

To learn more, visit: www.clinisys.com.

Photo: https://mma.prnewswire.com/media/2598776/Clinisys.jpg
Logo: https://mma.prnewswire.com/media/2598775/Clinisys_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/clinisys-continues-expansion-of-india-operations-moves-to-larger-office-space-in-bengaluru-302352107.html

Continue Reading

Technology

5G Testing Equipment Market size to increase by USD 605.76 Million between 2023 to 2028, Market Segmentation by Application, End-user, Geography, TESTING , Technavio

Published

on

By

NEW YORK, Jan. 15, 2025 /PRNewswire/ — The global 5g testing equipment market size is estimated to grow by USD 605.76 million from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of almost 8.43% during the forecast period. The report provides a comprehensive forecast of key segments below- 

Segmentation Overview

Application 1.1 Oscilloscopes1.2 Signal analyzers1.3 Signal generators1.4 Network analyzers1.5 OthersEnd-user 2.1 Telecom equipment manufacturers2.2 Original device manufacturers2.3 Telecom service providersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South AmericaCountry
US, Canada, China, South Korea, and GermanyTESTING 4.1

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

1.1 Fastest growing segment:

The oscilloscopes segment holds a dominant position in the global 5G testing equipment market in 2023, accounting for the largest share. Oscilloscopes are essential tools used to analyze electronic signals by displaying their waveforms as a function of time. These devices measure and analyze properties such as amplitude, rise time, frequency, time interval, and distortion. Digital oscilloscopes, which are commonly used in 5G testing, employ an analog-to-digital converter (ADC) to measure 5G signals. Attenuators and vertical amplifiers are utilized before the ADC to scale the waveform. Digital oscilloscopes also offer automated incident capturing and storing facilities, enabling a better understanding of component and signal issues. With the anticipated increase in 5G traffic, oscilloscopes supporting higher bandwidth applications will be in high demand among electronics manufacturers. In response, market players, such as Anritsu Corp. And Tektronix Inc., are introducing advanced oscilloscopes to cater to this need. For instance, Anritsu’s BERTWave MP2110A oscilloscope supports 53-Gbaud pulse amplitude modulation (PAM) signals for 5G network and device testing. Tektronix’s new 2 Series MSO is a portable, lightweight oscilloscope designed for both laboratory and field use. The launch of such advanced oscilloscopes and the rising demand from industries like communication, electronics, semiconductors, and others will fuel the growth of the oscilloscopes segment in the global 5G testing equipment market.

Analyst Review

The 5G testing equipment market is experiencing significant growth due to the widespread deployment of 5G technology and the increasing demand for high-speed, low-latency connectivity. 5G testing equipment is essential for ensuring the efficient and effective operation of 5G device infrastructure, including electric signals, spectrums, and bandwidth. With the increasing number of connected devices, from IoT sensors to large data centers, automobiles, entertainment systems, healthcare equipment, and security systems, the need for reliable and user-oriented 5G networks is more important than ever. 5G testing equipment plays a crucial role in optimizing network performance, addressing issues such as base station placement, antenna design, and network equipment configuration. Specialized testing equipment, including spectrum analyzers, signal generators, and channel emulators, are used to ensure the high connectivity, quick communication, and low latency required for various applications, from emergency services to entertainment and beyond. As 5G networks become increasingly complex, optimization and testing will remain critical to ensuring the network’s reliability, efficiency, and ability to meet the demands of users and industries alike.

Market Overview

The 5G testing equipment market is witnessing significant growth due to the widespread deployment of 5G device infrastructure and the increasing demand for high connectivity, low latency, and quick communication. Electric signals and spectrums are crucial elements in 5G testing, with an emphasis on securing sufficient bandwidth for device efficiency. The network’s ability to support IoT, connected devices, large data centers, automobiles, entertainment, healthcare, security, and other user-oriented applications is essential. 5G testing equipment includes specialized tools for 5G device capabilities, data transfer, and mobile communications. These tools include oscilloscopes, signal generators, and spectrum analyzers. Massive MIMO, mmWave, Channel Sounding, and reprogrammable instrument tools are essential for addressing 5G challenges such as prototyping and optimizing performance. The 5G testing market caters to IDMs and ODMs, network operators, and service providers. Test programs for 5G traffic, base stations, antennas, network equipment, and specialized testing equipment are critical for addressing performance issues and ensuring network optimization. 5G testing equipment is also vital for the deployment of advanced multimedia applications, millimeter wave usage, multimode integration, beamforming, and testing processes. Testing costs are a concern, and software-defined testing and a software-defined approach are gaining popularity. The 5G testing market is also impacted by challenges such as the digital divide, facilities and services, and the need for secure wireless connections. The market is expected to grow significantly as 5G becomes more widespread for smart city purposes, digitalization, and mobile communications. Data traffic, enterprises, and consumer electronic devices are significant end-users of 5G testing equipment. The market is also driven by the growing demand for autonomous vehicles, connected car applications, intelligent transportation systems, public safety applications, energy management, and heterogeneous architecture with multiple frequency bands and small cells. Signal propagation, interference, and antenna design are critical considerations in 5G testing.

To understand more about this market- Download a FREE Sample Report in minutes!

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

AccedianAccuverAnokiwave, Inc.AnritsuAritza Networks, Inc.Cohu, Inc.Consultix WirelessEmiteExfo, Inc.Gao Tek & GAO Group, IncGI Communications, Inc.Innowireless Co Ltd.Keysight TechnologiesMacomMarvin Test Solutions, Inc.National Instruments Corp.Pctel, Inc.Rohde & SchwarzSimnovusSpirent Communications

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/5g-testing-equipment-market-size-to-increase-by-usd-605-76-million-between-2023-to-2028–market-segmentation-by-application-end-user-geography-testing–technavio-302352008.html

SOURCE Technavio

Continue Reading

Technology

Printers Market , 52% of Growth to Originate from APAC, Technavio

Published

on

By

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.

For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report

Report Attribute

Details

Base Year

2023

Forecast period

2024-2028

Historic Data for

2018 – 2022

Segments Covered

Technology (Laser, Inkjet, and Others), Type (Multifunction printers and Single function printers), Geography (APAC, Europe, North America, South America, and Middle East and Africa), Connectivity (), and Output ()

Key Companies Covered

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., Lenovo Group Ltd., Lexmark International Inc., Ninestar Co. Ltd., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Redington India Ltd., Ricoh Co. Ltd., Riso Kagaku Corp, Seiko Epson Corp., Sharp Corp., Toshiba Corp., Xerox Holdings Corp., Zebra Technologies Corp., and KYOCERA Corp.

Regions Covered

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

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.

For more insights on APAC’s significant contribution along with the market share of rest of the regions and countries – Download a FREE Sample

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.

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

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.

Start exploring market insights by Download a FREE Sample Report in minutes!

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/printers-market–52-of-growth-to-originate-from-apac-technavio-302351742.html

SOURCE Technavio

Continue Reading

Trending