Press release
Worldwide Managed Print Services Market in Service Industry Analysis by Leading Key Leaders: Lexmark International, ARC Document Solutions, Xerox, HP Development, Canon UK, Acrodex
Market Highlights:Managed Print Services involves centralization, optimization and management of all aspects of printing devices in an organization through a single program offered by print providers. The global managed print services market is anticipated to generate USD 51.0 billion at a CAGR of ~9% by the end of forecast year of 2023.
Attractive economics of optimizing of all devices such printers, scanners, faxes and copiers, under a single platform results in savings, printer fleet reduction produce less paper waste which results in increased efficiency. Other advantages such as reduction in total cost of ownership (TCO), eliminating unnecessary devices, reduced print volumes, and others. Crucial advantages such as improved security due to built-in user authentication, activity tracking and insights into customers' print activities data analysis result in wealth of business information. Control and accountability by allowing access only to authorized personnel’s, encryption, and others. Development of cloud and software as a service has provided an additional benefit of remote management and access coupled with faster service areas and new markets expansion. The development of cloud is expected to reduce the printing office documents cost of up to 40%. The advent of big data is the critical market opportunity driving factors of the managed print services market.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5418
Industry News:
17 January 2018 - Xerox enetered into partnership with Midwich which offers cloud-based, managed print services, to provide managed print services solution in the small and medium enterprise.
January 30, 2018 - Xerox launched a program for the information technology service providers.
Major Key Players:
Xerox Corporation (U.S.),
Lexmark International Corporation (U.S.),
Systems Technology, Inc. (U.S.),
Acrodex Inc. (Canada),
ARC Document Solutions, Inc. (U.S.),
Ricoh Company, Ltd. (Japan),
HP Development Company, L.P. (U.S.),
Sharp Corporation (Japan),
Toshiba Corporation (Japan),
Samsung Electronics Co. Ltd. (South Korea),
Kyocera Corporation (Japan),
Konica Minolta, Inc. (Japan),
HCL Technologies (India), Wipro LTD (India), Canon UK Limited (U.K), Seiko Epson Corporation (Japan), and Konica Minolta (U.K) and others
According to the Market Research Future Analysis, the global Managed Print Services Market is expected to reach USD ~51 billion by the end of the forecast period at a CAGR of ~9%.
Market Segmentation:
The global managed print services market is segmented into component, deployment, organization size, end users, and region. The component is sub-segmented into hardware, software, services, and others. The hardware is further sub-segmented into copier, fax, printer, and others. The deployment segment is sub-segmented into on-cloud, on-premises. The organization size segment is sub-segmented into small and medium enterprises, large enterprises. The end-users segment is sub-segmented into BFSI, IT and telecommunications, government, healthcare, and others. The global market is spanned across North America, Europe, Asia Pacific, and rest of the world.
Regional Analysis:
The global managed print services market is consists of the Americas, Europe, Asia Pacific, and Rest of the world. North America is dominating the global managed print services market. The managed print services market is witnessing the high growth due to increasing demand for cloud-based services among various end users including BFSI, IT and telecommunications, media and entertainment, healthcare, and among others. Europe is projected to hold the second largest share of the global managed print services market during the forecast period due to increasing demand for low cost priniting services. Asia Pacific is expected to witness the highest CAGR in the coming years.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/managed-print-services-market-5418
Intended Audience
• Managed print services companies
• Managed print services providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Worldwide Managed Print Services Market in Service Industry Analysis by Leading Key Leaders: Lexmark International, ARC Document Solutions, Xerox, HP Development, Canon UK, Acrodex here
News-ID: 1093279 • Views: …
More Releases from Market Research Future

9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…

Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…

Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…

Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Managed
Managed IT Infrastructure Services Market by Solution (Managed Data Center, Mana …
Managed IT infrastructure services is an approach that combines together knowledge, procedures, and technology, which finally power the services that support business processes. Managed IT infrastructure services offer a sound business understanding to deploy or replace existing IT infrastructure. Without clearly defining business goals and process functionalities, selecting the right systems, applications, and technologies that meet business requirement, managed IT infrastructure services drives most of the critical tasks and thereby…
Managed Security Services Market Outlook to 2025 – Managed Firewall, Managed I …
Managed Security Services Market is expected to grow from US$ US$ 17716.7 Million in 2017 to US$ 61855.5 Million by 2025 at a CAGR of 16.9% between 2017 and 2025.
Worldwide Managed Security Services Market Analysis to 2025 is a specialized and in-depth study of the Managed Security Services Market with a focus on the global market trend. The report aims to provide an overview of global Managed Security Services Market…
IOT Managed Services Market By Type (Managed Security Services, Managed Device S …
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more.
IoT (Internet of Things) provides immense growth opportunity for…
IOT Managed Services Market By Type (Managed Security Services, Managed Device S …
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017–2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more.
IoT (Internet of Things) provides immense growth opportunity for…
Managed Network Services Market will reach nearly US$ 120 Bn in revenues by 2028 …
Increasing need for significant operational cost reductions, growing adoption of business analytics and cloud coupled with rising complexities in operations across several end use industries continue to influence demand for managed network services. The adoption of managed network services is also being influenced with a number of industry-specific factors including but not limited to growing need for high efficiency in business processes and customer satisfaction. Fact.MR envisages that the demand for…
Global IOT Managed Services Market By Type (Managed Security Services, Managed D …
IoT (Internet of Things) provides immense growth opportunity for managed service providers. Rising digital technology in the connected world will involve nearly 33 billion by 2023 and in this connected world managed services would be a critical component. Rising adoption of smart technologies in various verticals has generated IoT technologies. Moreover, growing number of connected devices will generate high demand for managed services. The IoT ecosystem includes devices, security, applications,…