Market Research Reports: Indian Printer Market to Grow Steadily

The printer market in India will grow at a steady pace in the coming years, according to Market Research Reports, Inc. The analytical firm notes that growth will be driven by new technology printers and a huge PC base in the country. One of the new technology devices is a multifunction printer, which will dominate the market in the coming years. Also, the firm suggests companies should look at smaller cities to increase their sales, as small and medium business (SMBs) and consumers from smaller cities will generate a huge demand for printers in the country.

In the past few years, printer prices have declined to a large extent in the country, and now printers have become a necessity due to high content creation, according to the statement.  But the printer market is challenged by the increasing amount of wireless printing.

Plus, the concept of managed print services has become popular in the country while green printing and cloud printing are emerging concepts.