Printer Servers Market Size, Share, Growth, and Industry Analysis by Type (Internal Printer Servers, External Printer Servers), by Application (Office, Home, Other),, Regional Insights and Forecast to 2031

Updated On: 22 April 2024

PRINTER SERVERS MARKET REPORT OVERVIEW

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The global printer servers market size was USD 6580.5 million in 2023 and the market is projected to touch USD 7830.1million by 2029, exhibiting a CAGR of 2.9% during the forecast period.

Printer server is a device that connects printers to client computers over a network. It accepts print jobs from the computers and sends the jobs to the appropriate printers, queuing the jobs locally to accommodate the fact that work may arrive more quickly than the printer can actually handle. Computers can communicate with available printers by connecting to the server via a network. Printers are protected against overloads by the print server. To maintain orderly operation and prevent overloading printer hardware, it supervises the distribution of print tasks to devices and places them in a queue.The rapid digitalization of various industries and the increasing adoption of wireless and cloud-based printing solutions are the major drivers for this market.

All printers with right type of connector are compatible with all print servers. Print server may either be a host computer in a computer network with one or more shared printers, computer that implements printing protocol, Internet printing protocol and others. Participants are fixing their efforts on encouraging R&D. Technological development are supporting the regional market growth. Manufacturers need to stay updated with changing market trends and develop products that meet growing consumer needs. Companies coming up with progressive technological solutions for firming their positions.

"COVID-19 Impact: Pandemic Hampered The Market Due To Unexpected Disruption In The Sector"

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

COVID- 19 pandemic has extremely affected the whole world. It caused many unexpected disruption and affected the industry. COVID- 19 had negative impact on the market due to economic slowdown, unpredictability in financial sector and high unstable market. The pandemic resulted in decreased demand due to a disrupted supply chain, drop in sales of products, delivery schedules. Travel bans imposed affected business collaboration and partnership. Demand had recently reduced due to travel bans and lockdown during the COVID-19 pandemic. The continuous loss in the business due to the lockdown measures is projected to directly influence the growth of the investments in the market.

LATEST TRENDS

"Use Of Innovative Products To Boost The Market Growth "

Technological improvement and development will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological advancement with high demand are increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant innovation in manufacturing of products is anticipated to stimulate product demand.

PRINTER SERVERS MARKET SEGMENTATION

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• By Type Analysis

According to type, the market can be segmented into internal printer servers, external printer servers.

External printer servers will capture the maximum market share through forecast period.

Internal printer servers are integrated directly into the printer or the network system. They are built-in components that come as part of the printer or are installed inside the printer.it suitable for organizations that prefer a streamlined setup with minimal external hardware.

External printer servers are standalone devices that connect to a printer (or multiple printers) and network separately. They are not built into the printer but are connected through cables or wirelessly. Suitable for small businesses or home offices where flexibility and cost-effectiveness are key.

• By Application Analysis

According to application, the market can be segmented into office, home, other.

Printer serves market players cover segment as home will dominate the market share during forecast period.

Office - The office segment refers to printers that are designed and optimized for use in professional office environments. These printers are typically built to handle high-volume printing, offer advanced features such as dual side printing, network connectivity, and support for various paper sizes and types. 

Home - Home printers are designed for personal use in residential settings. These printers are usually compact, affordable, and easy to set up and use. Home printers are often inkjet printers or all-in-one printers, offering features such as wireless connectivity, photo printing capabilities, and the ability to print documents, web pages, and images.

Other - Other segments may include printers used in commercial settings, retail environments, healthcare facilities, or educational institutions, each with unique requirements based on their specific printing needs. Printers includes segments beyond the office and home environments. This may encompass specialized printers for specific industries or applications, such as large-format printers used in graphic design, architecture, or engineering, where printing on larger paper sizes or high-resolution output is required.

DRIVING FACTORS

"Increasing Trend Of Remote & Mobile Functioning To Boost The Market Growth"

The increasing trend of remote and mobile functioning is further motivating the demand for printing servers. With the increasing need for printing from several devices and locations, printing servers provide the necessary infrastructure and convenience for users to print effortlessly.

"Technological Advancement and Innovation To Upsurge The Market"

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the printer servers market growth. Growing investment in research and development activities and growing awareness about benefits are expected to deliver profitable opportunities for the market. Constant development are one of the trends in the market in variety of practices. The growth of wireless technology and the increasing adoption of wireless printer servers drive the market. These devices allow users to print from multiple devices without the need for physical connections.

RESTRAINING FACTOR

"High Initial Cost To Hamper The Market Growth"

High cost is hampering development of the printer servers market. The initial cost of setting up a printer server network can be high, specifically for small businesses or organizations with limited budgets. Technical difficulties will reduce the industry revenue.

PRINTER SERVERS REGIONAL INSIGHTS

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"Asia Pacific to Dominate the Market Due To Increasing Adoption Of Digital Technology"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East and Africa.

Asia Pacific is further expected to witness growth in the printer servers market share. The region is dominating the market due to the increasing industrialization, expansion of corporate sectors, and growing adoption of digital technologies. The rising inhabitants and increasing income levels are also contributing to the development of the market. Upsurge in investments by key market players for the R&D undertakings and enlargement of their production abilities and product portfolios are projected to upsurge the growth. The expansion of regional market is being aided by technological developments.

KEY INDUSTRY PLAYERS

"Key Players Focus On Partnerships To Gain Competitive Advantage"

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger. The collective efforts of these major players expressively impact the competitive landscape and future path of the market.

List Of Market Players Profiled

• D-Link (Taiwan)

• Brother International (U.S.)

• Startech (Canada)

• TP-Link (China)

• Canon (Japan)

INDUSTRIAL DEVELOPMENT

July 2023: D-Link, a global leader in networking and connectivity today announced the launch of its Made in India range of Surveillance solution christened ‘Indigenous Series’. As the name suggests D-Link Indigenous series range includes surveillance solution that is designed & manufactured in India.  

REPORT COVERAGE

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.