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Market Trends

The increasing digitization across various industries, including banking, financial services and insurance (BFSI), education, healthcare, telecommunication, etc., is primarily driving the managed print services market. Furthermore, the growing requirement for analytics and cloud computing solutions to manage resource utilization is also propelling the market growth. Besides this, the implementation of numerous initiatives to minimize paper wastage at workspaces is further augmenting the market. Additionally, several technological advancements, such as integrating connected devices with the Internet of Things (IoT) and Big Data solutions, are also catalyzing the product demand. Apart from this, the rising adoption of sustainable solutions for business processes, coupled with continuous improvements in the IT infrastructures, are expected to fuel the managed print services market over the forecasted period.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

• ARC Document Solutions Inc.

• Brother Industries Ltd.

• Canon Inc.

• HP Inc.

• Konica Minolta Inc.

• Lexmark International Inc.

• Ricoh Company Ltd.

• Sharp Corporation

• Toshiba Corporation

• WeP Solutions Ltd

• Xerox Corporation.

The report has segmented the market based on type, deployment mode, organization size and industry vertical.

Breakup by Type:

• Print Management

• Device Management

• Discovery and Design

• Document Imaging

Breakup by Deployment Mode:

• On-premises

• Cloud-based

Breakup by Organization Size:

• Large Enterprises

• Medium Enterprises

• Small Enterprises

Breakup by Industry Vertical:

• BFSI

• Government

• Healthcare and Education

• Manufacturing

• Retail and Consumer Goods

• IT and Telecom

• Others

Breakup by Region:

• North America

• Asia-Pacific

• Europe

• Latin America

• Middle East and Africa

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