Smartphone Photo Printers Market Size and Forecast 2024 to 2034
The global smartphone photo printers market size is calculated at USD 19.80 billion in 2024 and is projected to surpass around USD 38.62 billion by 2034, expanding at a CAGR of 6.91% from 2024 to 2034. The demand for smartphone photo printers is rising due to the increasing penetration of the internet and smartphones worldwide.
Smartphone Photo Printers Market Key Takeaways
- North America dominated the smartphone photo printers market with the largest market share of 36% in 2023.
- Asia Pacific is anticipated to expand at a significant growth rate in the market during the forecast period.
- By ink usage, the ink-based segment captured more than 65% of market share in 2023.
- By ink usage, the ink-free segment is expected to grow at the fastest rate during the forecast period.
- By application, the individual segment recorded the biggest market share of 64% in 2023.
- By application, the commercial segment is projected to expand rapidly in the coming years.
- By product, the pocket segment accounted for the largest market share of 54% in 2023.
- By product, the compact segment is anticipated to expand at the highest CAGR over the studied period.
- By distribution channel, the offline segment dominated the smartphone photo printers market in 2023.
- By distribution channel, the online segment is projected to witness significant growth throughout the forecast period.
- By connectivity, the Wi-Fi segment has held the major market share of 58% in 2023.
U.S. Smartphone Photo Printers Market Size and Growth 2024 to 2034
The U.S. smartphone photo printers market size is exhibited at USD 5.35 billion in 2024 and is projected to be worth around USD 10.64 billion by 2034, growing at a CAGR of 7.10% from 2024 to 2034.
North America dominated the smartphone photo printers market in 2023. Regional dominance is primarily due to the heightened usage of smartphones. The demand for on-the-go photo printing solutions is rising in the region due to the increasing consumers’ desire to capture and preserve memories. In addition, with the rising number of tech-savvy consumers, the desire for instant gratification is rising, contributing to North America’s market growth.
Asia Pacific is anticipated to expand at a significant growth rate in the market during the forecast period. This is mainly due to the rising demand for advanced printers that allow consumers to print photos anywhere and anytime. Moreover, the widespread acceptance of technologies and the rising usage of smartphones for business purposes further contribute to the regional market growth.
Market Overview
Smartphone photo printers are a type of compact or portable printing device. These printers are used to print digital images or documents directly from smartphones or tablets. Smartphone photo printers are wireless printers that can be connected via Bluetooth or Wi-Fi. They are compact and lightweight, allowing hassle-free usage, and are able to be carried in a pocket or bag pack. They allow users to print important documents or images quickly and anywhere without the need for external connectivity, providing on-the-go convenience. These printers often have an in-built charging battery with a longer lifespan. They are user-friendly and cost-effective.
How Can AI Impact the Smartphone Photo Printers Market?
The integration of artificial intelligence into smartphone photo printers automates functions, completes tasks at a rapid pace, and reduces possible errors. Predictive maintenance capabilities of AI help boost efficiency, while digital automation, real-time responses, and error detection are some of the AI features that can enhance smartphone photo printers’ capabilities. AI integration in printing technologies monitors the performance of printers in real-time and predicts potential issues, leading to optimized print quality and reducing paper wastage. Various market players are focusing on incorporating AI features in their printers to gain a competitive edge.
- In September 2024, HP Inc. launched the HP Print AI, the industry’s first intelligent printer designed to revolutionize the printing experience. HP Print AI’s features enhance printing capabilities and eliminate common challenges from printer setup support. The newly launched AI printer increases the printing experience at home and at work, opening up new possibilities for productivity, creativity, and collaboration.
Smartphone Photo Printers Market Growth Factors
- Rising adoption of technologies: The widespread adoption of technologies in daily life and the rising inclination toward advanced electronic gadgets, like smartphones, tablets, laptops, and other wearable devices, are driving the growth of the market.
- Rise in smartphone users: The number of smartphone users is increasing across the globe. As smartphone usage increases, there will be a high demand for smartphone photo printers to print photos and other documents.
- Demand for portable gadgets: The demand for portable electronic gadgets is increasing due to their convenience and ease of carrying anywhere. Rising advancements in portable gadgets are boosting the market’s growth.
- The rise of social media: The rise of social media led to a significant increase in the trend of capturing photos and memories, leading to a high demand for compact printers that are able to be carried. Moreover, the rising consumer preference over the instant gratification and rapid access to the digital content is driving the demand for smartphone photo printers.
Market Scope
Report Coverage | Details |
Market Size by 2034 | USD 38.62 Billion |
Market Size in 2024 | USD 19.80 Billion |
Market Growth Rate from 2024 to 2034 | CAGR of 6.91% |
Largest Market | North America |
Base Year | 2023 |
Forecast Period | 2024 to 2034 |
Segments Covered | Ink Usage, Application, Product, Distribution Channel, Connectivity, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Market Dynamics
Driver
Increasing demand for instant printing
With the rising usage of smartphones with HD cameras, there is a significant demand for instant printing solutions, especially among the younger population. In addition, rising disposable income led to increased spending on lifestyle and travel & tourism. Thus, people are looking for solutions to capture and instantly print memories to share their travel experiences. However, smartphone photo printers allow users to print copies of digital images immediately, enhancing the travel experience.
Restraint
Limited size of the print and low print quality
Smartphone photo printers provide limited size of the print, which restrains the market. Due to their portability and smaller size, these printers can compromise print size and quality and fail to meet the diverse needs of consumers. This, in turn, limits their appeal to consumers, especially those looking for large prints with quality effects, thus hampering the growth of the smartphone photo printers market.
Opportunity
Proliferation of the Internet
Smartphone photo printers often depend on smartphone technology, such as connectivity options and app compatibility. Any changes in connectivity or updates to smartphone operating systems, hardware, and app versions affect the functionality of these printers. Thus, manufacturers are developing smartphone and mobile photo printers with advanced features and editing technologies to overcome these issues. The continuous evolution of digital printers by leading manufacturers and the rising investment in the development of cameras and portable digital printers are creating immense opportunities in the smartphone photo printers market.
Ink Usage Insights
The ink-based segment dominated the market in 2023. This is due to the increasing demand for high-quality prints. The adoption of ink-based printers is rising due to their increased print quality and versatility. These printers allow the creation of digital images by depositing ink on different surfaces such as plastic, paper, or fabric. They provide high-quality prints with vibrant colors and intricate details.
The ink-free segment is expected to grow at the fastest rate during the forecast period. Ink-free printers work on the principles of heat-based technology. These types of printers are well suited to modern technology and are more compatible with modern setups than traditional printers. There are several benefits associated with ink-free printers, including portability, ease of usage, enhanced quality, enhanced speed, convenience, lower maintenance cost, versatility, cord-free, and environmental friendliness.
Application Insights
The ink-based segment dominated the smartphone photo printers market in 2023. This is due to the increasing demand for high-quality prints. The adoption of ink-based printers is rising due to their increased print quality and versatility. These printers allow the creation of digital images by depositing ink on different surfaces, such as plastic, paper, or fabric. They provide high-quality prints with vibrant colors and intricate details.
The ink-free segment is expected to grow at the fastest rate during the forecast period. Ink-free printers work on the principles of heat-based technology. These types of printers are well-suited to modern technology and are more compatible with modern setups than traditional printers. There are several benefits associated with ink-free printers, including portability, ease of usage, enhanced quality, enhanced speed, convenience, lower maintenance cost, versatility, cord-free, and environmental friendliness.
Product Insights
The pocket segment led the smartphone photo printers market in 2023. This is mainly due to the rising adoption of pocket printers, which are tiny and lightweight. These printers can be carried anywhere, allowing printing on the go. They run on rechargeable batteries, saving money and energy. These printers provide high-quality prints and are easy to use. Pocket printers can be easily connected to smartphones, laptops, or tablets through Bluetooth, Wi-Fi, or USB cable.
The compact segment is anticipated to expand at the highest CAGR over the studied period. This is due to the rising demand for instant photo printing solutions. Compact photo printers allow the immediate printing of high-quality images from smartphone cameras. They are lightweight, easy to use, affordable, and portable.
Distribution Channel Insights
The offline segment dominated the smartphone photo printers market in 2023. There is a rising preference for buying electronic gadgets from physical stores, such as specialty stores and supermarkets/hypermarkets. These stores provide on-time service and warranties with the products. The easy availability of different brands’ products under a single roof attracts consumers looking for a variety of products. These stores allow customers to check the product first-hand physically and take their purchases home immediately, thus enhancing the buying experience.
The online segment is projected to witness significant growth throughout the forecast period. The rising preference for online shopping due to the proliferation of the internet is a major factor driving the segment’s growth. Online stores allow consumers to effortlessly browse and compare products of different brands from the comfort of their homes. The easy availability of a range of printers on e-commerce platforms with great discounts and special offers encourages customers to make purchases from these stores, thus fueling the segment.
Connectivity Insights
The Wi-Fi segment led the market in 2023. Wi-Fi connectivity offers great convenience over connectivity and connects without the need for wires and cables, enabling the printing of digital images directly from smartphones. With Wi-Fi-connected printers, it is possible to print photos from anywhere. Some major benefits of Wi-Fi-connected printers include convenience, easy setup and connectivity, reduced clutter, mobility, and remote management.
Smartphone Photo Printers Market Companies
- Sony Corporation
- LG Electronics
- Polaroid Corporation
- Eastman Kodak Company
- Brother International Corporation
- Seiko Epson Corporation
- Canon Inc.
- The Hewlett-Packard Company
- FUJIFILM Holding Corporation
- HiTi Digital Inc.
Recent Developments
- In July 2024, Xiaomi launched the Mijia Pocket Photo Printer, the 1S, with new features focused on personalization and augmented reality (AR) experiences.
- In August 2024, FUJIFILM Corporation launched the “instax mini Link 3,” a smartphone printer that prints smartphone images on card-sized instax film.
- In November 2023, C+A Global, HP’s authorized brand licensee, launched the HP Sprocket Panorama, a photo printer that is able to print custom labels, photo booth strips, and custom photo projects.
Segments Covered in the Report
By Ink Usage
By Application
By Product
By Distribution Channel
By Connectivity
By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa