NEW YORK, Oct. 25, 2021 /PRNewswire/ -- Technavio's latest research report on the Receipt Printers Market offers a comprehensive analysis of new product launches, the latest trends, challenges, and drivers. The receipt printers market value is set to grow by USD 275 million from 2020 to 2025, progressing at a CAGR of 2%.

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Market Dynamics

Factors such as increasing focus on maximizing product value offerings, increasing deployment of POS terminals, and the growing demand for MPOS receipt printers will drive the growth of the receipt printers market. However, the increasing adoption of self-service kiosks might hamper market growth.

Company Profiles

The receipt printers market report includes information on the product launches, sustainability, and prospects of leading vendors including BIXOLON Co. Ltd., Boca Systems Inc., Citizen Systems Europe GmbH, CognitiveTPG, Fujitsu Ltd., HP Inc., NCR Corp., Seiko Epson Corp., Star Micronics Co. Ltd., and Toshiba Corp.

Competitive Analysis

The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Market Segmentation

• By End-user, the market is classified as Retail and Hospitality segments.
• By Type, the market is classified as Thermal, Impact, and Inkjet.
• By Geography, the market is classified as North America, Europe, APAC, MEA, and South America. 

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Printers Market -The printers market has the potential to grow by USD 6.01 billion during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 2.15%. Download a free sample report now!

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