Us Managed Print and Document Services (MPDS) Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Managed Print and Document Services (MPDS) Market was valued at USD 35.5 Billion in 2022 and is projected to reach USD 60.5 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The Managed Print and Document Services (MPDS) market in the United States has experienced significant growth, driven by businesses seeking to optimize their printing operations and reduce costs. In 2023, the U.S. managed print services market was valued at approximately $9.9 billion, with projections indicating it will reach $30.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.20% during the forecast period from 2024 to 2032. This growth is attributed to the increasing demand for cost-effective and efficient printing solutions across various industries. citeturn0search11
Managed Print Services (MPS) encompass a range of solutions designed to streamline and manage an organization's printing needs. These services typically include print fleet management, document management, workflow optimization, and security solutions. By outsourcing print management to specialized providers, businesses can achieve significant cost savings, enhance productivity, and improve information security. The adoption of MPS has been particularly beneficial for organizations aiming to reduce paper wastage and implement green initiatives, contributing to sustainability goals. citeturn0search1
Several key players dominate the U.S. MPDS market, offering comprehensive solutions tailored to diverse business requirements. Notable companies include:
Xerox Corporation: A leading provider of print and document management solutions, known for its innovative technologies and services. citeturn0news12
Lexmark International, Inc.: Specializes in imaging and output solutions, offering a range of MPS to enhance business efficiency. citeturn0news12
Ricoh Company, Ltd.: Provides comprehensive MPS solutions aimed at improving document workflows and reducing operational costs.
HP Development Company, L.P.: Offers a variety of MPS solutions focusing on security, sustainability, and cost management.
Canon, Inc.: Delivers MPS that integrate seamlessly with existing business processes to enhance productivity.
These companies, among others, play a pivotal role in shaping the MPDS landscape in the United States, offering solutions that cater to the evolving needs of businesses across various sectors.
In recent developments, Xerox announced its acquisition of Lexmark for $1.5 billion, including debt. This strategic move is expected to strengthen Xerox's core print portfolio and expand its global print and managed print services business, better positioning the company to meet the evolving needs of clients in the hybrid workplace. citeturn0news12
The U.S. MPDS market is characterized by a competitive landscape, with numerous providers offering a range of services to meet the diverse needs of businesses. The market is expected to continue its upward trajectory, driven by technological advancements, the increasing need for cost optimization, and enhanced data security solutions. As organizations increasingly recognize the benefits of managed print services, the adoption rate is anticipated to rise, further propelling market growth in the coming years.
Get an In-Depth Research Analysis of the Global Managed Print and Document Services (MPDS) Market Size And Forecast [2025-2032]
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HP
Xerox
Lexmark
Toshiba
Brother
Ricoh
DXC Technology
Fujitsu
KONICA MINOLTA
Canon
Epson
Sharp Electronics
ARC Document Solutions
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Managed Print and Document Services (MPDS) Market
Print Management Services
Document Management Services
Managed Document Services
Output Management Services
Workflow Solutions
On-Premises Deployment
Cloud-Based Deployment
Hybrid Deployment
Healthcare
Education
Finance and Banking
Government
Legal Services
Manufacturing
Retail
Small and Medium Enterprises (SMEs)
Large Enterprises
Start-ups
Multi-Function Printers (MFPs)
Print Servers
Document Scanning Solutions
Advanced Analytics and Reporting Tools
Mobile Printing Solutions
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Managed Print and Document Services (MPDS) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Managed Print and Document Services (MPDS) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Managed Print and Document Services (MPDS) Market, By Type
6. Global Managed Print and Document Services (MPDS) Market, By Application
7. Global Managed Print and Document Services (MPDS) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Managed Print and Document Services (MPDS) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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