Digital Production Printer Market Size, Industry Share and Growth Rate 2019-2025

The global digital production printer market to gain from increasing adoption of digital printing. Recently, Fortune Business Insights published a report, titled “Digital Production Printer Market Size, Share and Global Trend By Technology (Inkjet, Electrophotography), By Feed (Continuous Feed, Cut Sheet), By Technology Vs. Feed (Continuous Feed Inkjet, Continuous Feed Electrophotography, Cut-Sheet Inkjet, Cut-Sheet Electrophotography), By Application (Transactional, Advertising) and Geography Forecast Till 2025.” According to the report, in 2017 the global digital production printer market was valued at US$ 2352 Mn. The global market is anticipated to progress at a CAGR of 12.6% and reach US$ 5939.1 Mn by the end of 2025.

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As per the report, North America emerged dominant in 2017 in the global digital production printer market. North America was valued at US$ 784.3 Mn in 2017. The region is expected to  continue leading the global market through the forecast period. The rising adoption of digital technology and printing is expected to contribute to the growth witnessed in the region. Besides this, the digital production printer market in Asia pacific was worth US$ 588.7 Mn in 2017.

The literacy rate and per capita income of people in Asia Pacific is expected to increase in the coming year, subsequently enabling growth  in the region’s digital production printer market. The report predicts the Asia Pacific market to report a higher CAGR in the coming years. Increasing literacy rate is anticipated to generate demand for book, paper, magazines, and others, further bolstering demand in the global digital production printer market.