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.
To request a sample copy or view summary of this report,
click the link below:
https://www.grandviewresearch.com/industry-analysis/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
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
o U.S.
o Canada
o Mexico
·
Europe
o UK
o Germany
o France
o Italy
o Rest of Europe
·
Asia Pacific
o China
o India
o Japan
o Rest of APAC
·
South America
o Brazil
o 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.
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