Managed print services are services offered by an external provider to manage or optimize a company’s document output. The main components provided are needs assessment, selective or general replacement of hardware, and the service, parts, and supplies needed to operate the new or existing hardware. The provider also tracks how the printer, copier, fax, and MFP fleet is being used, the problems, and the user’s satisfaction. Managed Print Services (MPS) help the organizations to save costs, ease printer maintenance, provide control on printer resources, and provide insights on printer utilization.
Key Players:
Xerox, HP Inc., Ricoh Company, Ltd., Lexmark International, Inc., Konica Minolta, Inc., Canon Inc., Kyocera Document Solutions, Sharp Electronics, Toshiba, and ARC Document Solutions.
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Rise in adoption of big data solutions, initiatives to decrease paper wastage in the workplace, reduced cost of operation, improved productivity and flexibility to match custom requirements and surge in information security are the factors that drive the growth of the market. However, new and strategic partnerships & agreements and recurring cost act as major deterrents to the market growth. Furthermore, increase in print security spending and rise in adoption of cloud MPS is believed to create significant demand for the managed print services market.
KEY MARKET SEGMENTS
BY TYPE
– Print Management
– Device Management
– Discovery and Design
– Document Imaging
BY DEPLOYMENT MODE
– Hybrid Cloud
– On-Premise
BY ORGANIZATION SIZE
– Large Enterprises
– Medium Enterprises
– Small Enterprises
BY INDUSTRY VERTICAL
– BFSI
– Government
– Healthcare
– Education
– Industrial Manufacturing
– Retail
– Food & Beverages
– IT & Telecom
– Others
The Global Managed Print Services Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.
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What the report features:-
1. Global analysis of Managed Print Services Market from 2018 – 2025 illustrating the progression of the market.
2. Forecast and analysis of Managed Print Services Market by Dosage, Route of Administration and Application from 2018 – 2025.
3. Forecast and analysis of Managed Print Services Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
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