Press Release
IT

Global Managed Print Services Market Valuable Growth Prospects, Top Players, Market Size, Key Country Analysis, Trends and Forecast

The global managed print services market is expected to grow from USD 29,536.56 million 2017 to USD 58,369.46 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 10.22%.

“Stringent regulations to save paper wastage
is one of the factors largely attributing to the growth of managed print services market globally”

The factors attributing to the growth of the market are stringent regulations to save paper wastage, decreasing cost of operation and match custom requirements, helps in gaining predictability related to printing needs and reduces the number of local printers, replace the inefficient devices, automate the supply delivery, and reduced energy consumption, and enabling and managing remote printing operation. However, some factors such as and limited proficiency and value of managed print services may hinder market growth. The global managed print services market is expected to showcase the opportunities such as automated ordering to the printer, and use of cloud computing and analytics to enhance the service delivery. In the near future, the market may face the possible challenges in the growth due to related technical issues, and privacy and security issues. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global managed print services market.”Printer/Copier Manufacturers: The highest growing channel for the global managed print services market”

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On the basis of channel, the global managed print services market is studied across Independent Software Vendors, Printer/Copier Manufacturers, and System Integrators/Resellers. Among all these channels, the Printer/Copier Manufacturers is projected to hold the largest market share while the System Integrators/Resellers has the potential to grow the market with the highest CAGR in the forecast period.”Automotive & Transportation: The highest growing industry for the global managed print services market”

On the basis of industry, the global managed print services market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Among all these industries, Automotive & Transportation has captured the maximum market share while the Banking, Financial Services & Insurance has the opportunity to emerge with the highest CAGR.”On Cloud: The highest growing deployment for the global managed print services market”

On the basis of deployment, the global managed print services market is studied across On Cloud and On-Premises. Among all these deployments, the On Cloud has captured the maximum market share while the On-Premises has the opportunity to emerge with the highest CAGR.”Americas: The highest growing geography for the global managed print services market”

On the basis of geography, the global managed print services market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geographies, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with the highest market size.

“ARC Document Solutions, Inc.: The potential growing player for the global managed print services market”

The key players profiled in the global managed print services market are ARC Document Solutions, Inc., Canon, Inc., HP Development Company, L.P., Ingram Micro Inc., Konica Minolta, Inc., Kyocera Corporation, Lexmark International, Inc., Pitney Bowes, Print Audit, Ricoh Company, Ltd., Samsung Electronics Co., Ltd., Sharp Corporation, Toshiba Corporation, Wipro Limited, and Xerox Corporation.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global managed print services market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global managed print services market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global managed print services market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global managed print services market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global managed print services market.

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Table of Content

  1. Preface
    1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Stakeholders
    2. Research & Forecasting
    2.1. Research Methodology
    2.1.1. Research Instruments
    2.1.1.1. Secondary Instrument
    2.1.1.2. Primary Instrument
    2.1.2. Research Approaches
    2.1.2.1. Bottom-up Approach
    2.1.2.2. Top-down Approach
    2.1.3. Research Reliability & Validity
    2.1.4. Research Assumptions
    2.1.5. Vendor Inclusion Criteria
    2.2. Forecasting Methodology
    2.2.1. Methodology for Market Estimation & Forecasting
    2.2.2. Significance and Importance of the Market Estimation & Forecasting
    3. Executive Summary
    4. Premium Insight
    4.1. Market Connectivity
    4.2. Market Data Feed
    4.3. Market Vendor Ranking Analysis
    4.4. Market Dynamics
    4.4.1. Drivers
    4.4.1.1. Stringent regulations to save paper wastage
    4.4.1.2. Decreasing the cost of operation and match custom requirements
    4.4.1.3. Helps in gaining predictability related to printing needs and reduces the number of local printers
    4.4.1.4. Replace the inefficient devices, automate the supply delivery, and reduced energy consumption
    4.4.1.5. Enabling and managing remote printing operation
    4.4.2. Restraints
    4.4.2.1. Limited proficiency and value of managed print services
    4.4.3. Opportunities
    4.4.3.1. Automated ordering to the printer
    4.4.3.2. Use of cloud computing and analytics to enhance the service delivery
    4.4.4. Challenges
    4.4.4.1. Related technical issues
    4.4.4.2. Privacy and security issues
    4.5. Porter’s Five Forces Analysis
    4.5.1. Threat of New Entrants
    4.5.2. Threat of Substitutes
    4.5.3. Bargaining Power of Customers
    4.5.4. Bargaining Power of Suppliers
    4.5.5. Industry Rivalry

Continued…

 

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