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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

North America Printer Market Size

The North America printer market is projected to grow at a CAGR of 3.5% between 2025 and 2034. The growing integration of advanced technologies like AI in printers is expected to aid the market in the forecast period.

North America Printer Market Outlook

  • Globally, data breaches through printers cost organisations $400,000 annually.
  • There is a high demand for cost-effective and small-sized multifunctional printers.
  • The commercial application of printers is expected to gain significant traction over the forecast period.

North America Printer Market Growth

The growing adoption of advanced office printers has alleviated the risk of third-party access to sensitive documents. Over 50% of organisations do not consider printer security as a part of their overall cybersecurity strategy globally, which results in substantial loss of data through malware such as the Mirai Botnet. Printer misconfigurations and Wi-Fi access can enable cybercriminals to manipulate print jobs, and hamper office productivity and workflow. This is prompting major market players to develop password-protected printers, which encrypt job data and utilise multifactor authentication technology to keep documents safe.

The integration of artificial intelligence (AI) in modern printers enables them to execute important software updates and minimise printer downtime. It also eliminates the generation of print waste by optimising paper alignment, sizing, and image quality, among others, to improve printing outcomes. Such printers lower electricity bills and empower users to resolve minor problems through augmented reality.

AI can facilitate the conversion of complex, unstructured documents into categorised digital files while voice assistant-enabled printers can take audio-based commands from users to perform functions such as faxing and scanning documents. It also protects confidential data access from unauthorised users, thereby improving the safety and security of critical internal information.

North America Printer Industry Segmentation

North America Printer Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Standalone
  • Multi-Functional

Market Breakup by Technology

  • Dot Matrix Printer
  • Inkjet Printer
  • LED Printer
  • Thermal Printer
  • Laser Printer

Market Breakup by Printer Interface

  • Wired
  • Wireless

Market Breakup by Output Type

  • Colour
  • Monochrome

Market Breakup by End Use

  • Residential
  • Commercial
  • Educational Institutions
  • Government
  • Others

Market Breakup by Country

  • United States of America
  • Canada

North America Printer Market Share

Based on technology, the market is divided into dot matrix printer, inkjet printer, LED printer, thermal printer, and laser printer. Over the forecast period, laser printers are expected to dominate the market, due to their fast-printing speed and durable nature. They produce good-quality images even on low-quality paper and are more economical than inkjet printers in the long run.

Leading Companies in the North America Printer Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

  • HP Inc.
  • Canon Inc.
  • Seiko Epson Corp.
  • Toshiba Corp.
  • Fujitsu Ltd.
  • Panasonic Holdings Corp.
  • Xerox Holdings Corp.
  • Konica Minolta Inc.
  • FUJIFILM Holdings Corp.
  • Ricoh Company, Ltd.
  • Others

Major market players like HP are providing printer subscription services for households at affordable prices.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Technology
  • Printer Interface
  • Output Type
  • End Use
  • Region
Breakup by Type
  • Standalone
  • Multi-Functional
Breakup by Technology
  • Dot Matrix Printer
  • Inkjet Printer
  • LED Printer
  • Thermal Printer
  • Laser Printer
Breakup by Printer Interface
  • Wired
  • Wireless
Breakup by Output Type
  • Colour
  • Monochrome
Breakup by End Use
  • Residential
  • Commercial
  • Educational Institutions
  • Government
  • Others
Breakup by Region
  • United States of America 
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • HP Inc.
  • Canon Inc.
  • Seiko Epson Corp.
  • Toshiba Corp.
  • Fujitsu Ltd.
  • Panasonic Holdings Corp.
  • Xerox Holdings Corp.
  • Konica Minolta Inc.
  • FUJIFILM Holdings Corp.
  • Ricoh Company, Ltd.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.5% between 2025 and 2034.

The different types of printers in the market include standalone and multifunctional.

The major printer technologies considered in the market report include dot matrix printer, inkjet printer, LED printer, thermal printer, and laser printer.

The different end uses of printer are residential, commercial, educational institutions, and government, among others.

The different output types of printer in the market include colour and monochrome.

The key market players are HP Inc., Canon Inc., Seiko Epson Corp., Toshiba Corp., Fujitsu Ltd., Panasonic Holdings Corp., Xerox Holdings Corp., Konica Minolta Inc., FUJIFILM Holdings Corp., and Ricoh Company, Ltd., among others.

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