Laser Printer Market Size – Statistics 2021-2025
This laser printer market size report comprises information about the potential market growth during the forecast period. The market is expected to grow by $ 2.83 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5%.
The extensive laser printer market report guides key and emerging vendors, in market expansion by taking into consideration various market drivers and the factors responsible for them. Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing popularity of MFPs is notably driving the market growth, although factors such as adoption of cloud data storage may impede market growth.
The popularity and adoption of MFPs in households and small and large corporates are expected to increase because they have multiple functionalities. This will drive the global laser printer market during the forecast period.