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Press Release / Technology / Managed Print Services Market 2018 Analysis, Opportunities and Forecasts to 2023

Managed Print Services Market 2018 Analysis, Opportunities and Forecasts to 2023

By MarketRF39 on May 19 2018 | 59 Views

Managed Print Services Market, By Components (Hardware, Software, Services), By Deployment Type (On Premise, Cloud Based, Hybrid), By Organizations (Small & Medium Scale Enterprise, Large Scale Enterp

Market Highlights:

Managed Print Services involves centralization, optimization and management of all aspects of printing devices in an organization through a single program offered by print providers. The global managed print services market is anticipated to generate USD 51.0 billion at a CAGR of ~9% by the end of forecast year of 2023.

Attractive economics of optimizing of all devices such printers, scanners, faxes and copiers, under a single platform results in savings, printer fleet reduction produce less paper waste which results in increased efficiency. Other advantages such as reduction in total cost of ownership (TCO), eliminating unnecessary devices, reduced print volumes, and others. Crucial advantages such as improved security due to built-in user authentication, activity tracking and insights into customers’ print activities data analysis result in wealth of business information. Control and accountability by allowing access only to authorize personnel’s, encryption, and others. Development of cloud and software as a service has provided an additional benefit of remote management and access coupled with faster service areas and new markets expansion. The development of cloud is expected to reduce the printing office documents cost of up to 40%. The advent of big data is the critical market opportunity driving factors of the managed print services market.

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Major Key Players:

Xerox Corporation (U.S.),

Lexmark International Corporation (U.S.),

Systems Technology, Inc. (U.S.),

Acrodex Inc. (Canada),

ARC Document Solutions, Inc. (U.S.),

Ricoh Company, Ltd. (Japan),

HP Development Company, L.P. (U.S.),

Sharp Corporation (Japan),

Toshiba Corporation (Japan),

Samsung Electronics Co. Ltd. (South Korea),

Kyocera Corporation (Japan),

Konica Minolta, Inc. (Japan),

HCL Technologies (India), Wipro LTD (India), Canon UK Limited (U.K), Seiko Epson Corporation (Japan), and Konica Minolta (U.K) and others

According to the Market Research Future Analysis, the global Managed Print Services Market is expected to reach USD ~51 billion by the end of the forecast period at a CAGR of ~9%.

Regional Analysis:

North America, led by the U.S. accounts for the largest market share for the managed print services owing to increasing demand for cloud-based services, large services industry, presence of large players and others. European region is led by Germany, France and the U.K. owing to increasing demand for multi-functional printers. Europe is expected to be the fastest growing region. Asia Pacific region is expected to be dominated by China, Japan, and India owing to their large economy, fast developing industrial sector and the growing information technology sector. The Middle East and Africa market is expected to be dominated by the Gulf economies of Saudi Arabia, UAE and others.

Market Segmentation:

To generate a comprehensive view of the market the global managed print services market is segmented by component, deployment, organization size, end users, and region.

Component – hardware (copier, fax, printer, and others), software, services, and others. The hardware is further segmented into.

Deployment - on-cloud and on-premises.

Organization size - small & medium enterprises, and large enterprises.

End-users - BFSI, IT and telecommunications, government, healthcare, and others.

Regions - North America, Europe, Asia Pacific, and rest of the world.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/managed-print-services-market-5418

Intended Audience

Managed print services companies
Managed print services providers
Technical universities
System integrators
Managed Security Service Providers
Professional service providers
Research and development companies
Market research and consulting firms
Solution providers
Technology standards organizations
Technology investors
System Integrators
About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com



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