A method of printing a digitally based image directly through media file refers to as digital printing. It refers to the professional printing where minute jobs from digital sources are printed using long formats and high volume large format inkjet printers. The Global Digital Printing market is expected to grow at CAGR of 4.2% and the North America Region will gain the highest market share.According to AMA, the market for Digital Printing is expected to register a CAGR of 4.2% during the forecast period to 2026. This growth is primarily driven by Increasing Adoption of Digital Printing, Enhancements in Textile and Printing Industry and Digital Printerís Prices are Decreased Drastically.
Globally, a noticeable market trend is evident Three Dimensional Printing
. The Paper Products sector in the North America region has been increasing at a strong rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Hewlett-Packard Development Company, L.P. (United States), Canon, Inc. (Japan), Ricoh Company, Ltd. (Japan), Mimaki Engineering Co., Ltd. (Japan), RoLAnd Dg Corporation (Japan), Xerox Corporation (United States), Seiko Epson Corporation (United States), Durst Phototechnik AG (Italy), Electronics for Imaging, Inc. (United States) and Inca Digital Printers Limited (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On November 27, 2018, Hewlett-Packard Development Company, L.P. has announced that they will be acquiring BlueData, a leading provider of AI/ML and big data analytics infrastructure software, which will significantly expand the companyís footprint in the rapidly growing artificial intelligence and big data analytics space.
- Increasing Adoption of Digital Printing
- Enhancements in Textile and Printing Industry
- Digital Printerís Prices are Decreased Drastically
- Three Dimensional Printing
- Non-Paper and Plastic Materials Printing
- Customized Digital Printing
- Higher Initial Investments
- Unable to match Exact Colors
Robust Investments in Digital Printing Research and Development and Increasing Adoption in Packaging Industry
Increasing Demand for Digital as well as Paperless Advertisements
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Customization of the Report:
AMA Research & Media features not only specific market forecasts, but also include significant value-added commentary on:
Technological Trends and Innovations
Regulatory Trends & Policies
Market Maturity Indicators
Market Share Movements
Growth Drivers and Constraints
New Entrants into the Market & Entry/Exit Barriers
Supporting Company Financial and Cash Flow Planning
Open Up New Markets
To Seize Powerful Market Opportunities
Key Decision in Planning and to Further Expand Market Share
Identify Key Business Segments, Market Proposition & Gap Analysis