The global managed
print services market is expected to reach USD 49.7 billion by
2025, according to a new report by Grand View Research, Inc. Managed print
services provide accurate monitoring of print resources through clearly defined
mechanism and analysis. MPS providers emphasize modernization and continuous
improvement in their offerings but few communicate the business value of MPS.
Enhancing the use of analytics and cloud computing will boost the market over
the forecast period.
Cloud-based deployment mode is expected to hold the largest
share of managed print services market over the forecast period. High cost
effectiveness with the deployment of managed print services are changing the
aspects of conventional IT model. Cloud-based deployment holds the maximum
market share as it offers businesses to remotely access their documents and
data on the cloud while hybrid deployment mode is expected to be the fastest
growing mode of deployment over the next few years.
Large enterprises segment is anticipated to dominate
the managed print services market over the forecast period. They are mainly
prone to malware, threats, spams and others security concerns. To avoid these,
they are focused on managing their operations and processes. Thus, dominating
the managed print services market in the forecast period.
Browse full research report on Managed Print Services (MPS) Market: https://www.grandviewresearch.com/industry-analysis/managed-print-services-mps-market
Further key findings from the report suggest:
- The global managed print services market accounted for USD 26.72
billion in 2016 and is expected to grow at a CAGR of 6.9% from 2017 to
2025
- Large enterprises segment emerged as the largest segment in 2016
and is estimated to generate revenue over USD 34.43 billion by 2025
- The market hybrid deployment mode is anticipated to witness the
highest growth of a CAGR of 7.1% over the forecast period
- The North America market hold the largest share in the managed
print services market in 2016. The growing startups, heavy demand for
managed print services, and favorable government regulations drive the
North America managed print services market.
- Key players include Xerox Corporation, HP, Lexmark, Canon, and
Ricoh are accounting for the majority share of the overall market in 2016
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand
View Research has segmented the managed print services market report on the
basis channel, deployment, organization, application and region:
Managed
Print Services Channel Outlook (Revenue, USD Million, 2014 - 2025)
- Printers/Copiers
Manufacturers
- System
Integrators
- Independent
Software Vendors
Managed
Print Services Deployment Outlook (Revenue, USD Million, 2014 - 2025)
- On Premises
- Cloud based
- Hybrid
Managed
Print Services Organization Outlook (Revenue, USD Million, 2014 - 2025)
- Small and
Medium Enterprises
- Large
Enterprises
Managed
Print Services Application Outlook (Revenue, USD Million, 2014 - 2025)
- BFSI
- Education
- Government
- Healthcare
- Industrial
Manufacturing
- Retail &
Consumer goods
- Telecom &
IT
- Others
Managed
Print Services Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of
Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- South America
- Brazil
- Rest of
South America
- Middle East
& Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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