Dublin, Oct. 04, 2022 (GLOBE NEWSWIRE) — The report “Managed Print Services Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.
The global managed print services market size reached US$38.7 billion in 2021. Looking ahead, the publisher expects the market to reach US$64.1 billion by 2027, posting a CAGR of 8.77% in 2021-2027. Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on the various end-use industries. This information is included in the report as a major market contributor.
Managed Print Services Market Trends:
Rapid digitalization in all sectors, such as banking, financial services and insurance (BFSI), education, healthcare, telecommunications, information technology (IT) and manufacturing, is one key market growth factors. For example, the BFSI industry uses MPS extensively to manage time-consuming record-keeping tasks and optimize overall print operations.
Moreover, the growing need for analytics and cloud computing solutions to manage resource utilization in organizations is giving impetus to the growth of the market. In this light, the establishment of favorable initiatives to minimize the waste of paper in the workspaces also contributes to the growth of the market. Moreover, various technological advancements, such as the integration of connected devices with Internet of Things (IoT) and big data solutions, act as other growth factors. These innovative technologies provide increased mobility and security and streamline business workflows.
Other factors including increasing adoption of sustainable business process solutions along with significant improvements in IT infrastructure, especially in developing economies, are expected to drive the market towards growth.
Key market segmentation
Breakdown by type:
- Print Management
- Device management
- Discovery and Design
- Document Imaging
Breakdown by deployment mode:
Breakdown by organization size:
- Large companies
- Medium Enterprises
- Small enterprises
Breakdown by vertical industry:
- Health and education
- Retail and consumer goods
- IT and Telecom
Breakdown by region:
- North America
- United States
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
Answers to key questions in this report:
- How has the global managed print services market performed so far and how will it perform in the years to come?
- What has been the impact of COVID-19 on the global managed print services market?
- What are the main regional markets?
- What is the market breakdown by type?
- What is the market breakdown by deployment mode?
- What is the market breakdown by organization size?
- What is the market breakdown based on industry vertical?
- What are the different stages of the industry value chain?
- What are the key drivers and challenges in the industry?
- What is the structure of the global managed print services market and who are the key players?
- How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive Summary
5 Global Managed Print Services Market
6 Market Breakdown by Type
7 Market Breakdown by Deployment Mode
8 Market Breakdown by Organization Size
9 Market Breakdown by Industry Vertical
10 Market Breakdown by Region
11 SWOT Analysis
12 Value chain analysis
13 Analysis of the five forces of carriers
14 Price Analysis
15 Competitive Landscape
- ARC Document Solutions Inc.
- Brother Industries Ltd.
- Canon Inc.
- HP Inc.
- Konica Minolta Inc.
- Lexmark International Inc.
- Ricoh Company Ltd.
- Sharp Corporation
- Toshiba Company
- WeP Solutions SA
- Xerox Corporation.
For more information on this report visit https://www.researchandmarkets.com/r/sbhdhp
Global Managed Print Services Market