News 2019 Live: Managed Print Services (MPS) Market will grow rapidly in Asia Pacific Region with CAGR 10.4%

The global Managed Print Services (MPS) market valued at US$30,895.8 million is expected to grow at a CAGR of 7.5% from 2018-2026 reaching US$58,779.7 million over the forecasted period. According to the report, North America is the highest contributor in terms of revenue to the global Managed Print Services (MPS) market in the year 2017. However, Asia Pacific is the fastest growing region at a CAGR of 10.4%.

Managed Print Services (MPS) Market Report provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Managed Print Services (MPS) market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

Download Sample of This Premium Report @ https://inforgrowth.com/sample-request/1013057/global-managed-print-services-market-by-deployment-cloud-on-premise-hybridby-enterprise-size-small-medium-enterprises-smes-large-enterprises-by-channel-printercopier-manufacturers-channel-partnercore-

REDUCING ENVIRONMENTAL IMPACT USING MPS:
Organizations are increasingly considering CSR activities to comply with government regulations in order to mitigate environmental effects through their activities. Thus, reduction in the environmental effects is considered one of the major factors to aid the fast growth of the MPS market. Also, reduction in cost and reduction in downtime are key drivers too.

EFFICIENT MAINTENANCE AND REDUCTION IN DOWNTIME:
Maintenance is important to ensure the smooth functioning of printers in the long run and to reduce the downtime. Furthermore, the replacement of cartridges, ink toners, papers, etc. is a part of printer maintenance, using up additional time and increasing operational expenses.

SCOPE OF THE REPORT:
The global Managed Print Services (MPS) market is segmented on the basis of deployment, channel, enterprise size, and industry vertical. On the basis of deployment, the market is segmented into cloud, on-premise, and hybrid. The cloud-based market has contributed the highest revenue in 2017 while Hybrid is expected to grow at the fastest CAGR of 8.5% during the forecasted period. On the enterprise basis, there are SMEs and large enterprises. Based on channels there are Printer/Copier Manufacturers and Channel Partner/Core MPS Providers.
On the industry vertical basis, the market is segmented into BFSI, Telecom and IT, Government and public, healthcare, education, legal, construction, manufacturing, and others. The legal industry is expected to grow the highest in terms of both revenue and CAGR in during the forecasted period.

RECENT DEVELOPMENT – COMPETITIVE DYNAMICS:
Major industry players in the Managed Print Services (MPS) market are adopting different expansion & innovation strategies to remain sustain themselves in the fast-growing competitive market. . The key players in the market are Fujitsu Ltd, Xerox Corporation, HP Development Company, L.P., Canon, Inc, Konica Minolta, Inc., Kyocera Corporation, Ricoh Company Ltd, Toshiba Corporation, Epson, Sharp Corporation and others.
• in 2016, HP expanded its printing product portfolio with the introduction of PageWide web presses and Indigo digital presses. The expansion is aimed to drive business growth by providing high quality to print service providers without compromising on productivity
• In 2015 Canon U.S.A., Inc., collaborated with the Ontario, Canada-based Company PrintFleet LINK. This collaboration had enhanced in image CLASS Printonomics, an MPS program.
• Furthermore, in 2015, Fuji Xerox Co. Ltd. launched next-generation Managed Print Services (MPS) in the Asia-Pacific region which support document-related work processes with enhanced security in mobile and cloud environment
• For instance, Xerox emphasizes providing high-level authentication and encryption to ensure the protection of vital data. In February 2013, Xerox partnered with McAfee to enhance the security of its MPS.

Our 100+ internal and partnered Analysts, 100+ cumulative years of Market Research experience can be leveraged for our Custom-research services by clicking here https://inforgrowth.com/customization/1013057/global-managed-print-services-market-by-deployment-cloud-on-premise-hybridby-enterprise-size-small-medium-enterprises-smes-large-enterprises-by-channel-printercopier-manufacturers-channel-partnercore-

The Managed Print Services (MPS) Market report provides key statistics on the market status of the Managed Print Services (MPS) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

MAJOR POINTS COVERED IN TABLE OF CONTENTS:
1. Preface
2. Executive Summary: Global Managed Print Services (MPS) (MPS) Market
3. Market Overview
4. Global Managed Print Services (MPS) (MPS) Market Analysis and Forecast, By Deployment
5. Global Managed Print Services (MPS) (MPS) Market Analysis and Forecast, By Enterprise Size
6. Global Managed Print Services (MPS) (MPS) Market Analysis and Forecast, By Channel
7. Global Managed Print Services (MPS) (MPS) Market Analysis and Forecast, By Industry Vertical
8. Global Managed Print Services (MPS) (MPS) Market Analysis and Forecast, by Region
9. North America Managed Print Services (MPS) (MPS) Market Analysis and Forecast
10. Europe Managed Print Services (MPS) (MPS) Market Analysis and Forecast
11. Asia Pacific Managed Print Services (MPS) (MPS) Market Analysis and Forecast
12. The Middle East and Africa (MEA) Managed Print Services (MPS) (MPS) Market Analysis and Forecast
13. South America Managed Print Services (MPS) (MPS) Market Analysis and Forecast
14. Competition Analysis
15. Research Methodology

GET UP TO 50% DISCOUNT @ https://inforgrowth.com/discount/1013057/global-managed-print-services-market-by-deployment-cloud-on-premise-hybridby-enterprise-size-small-medium-enterprises-smes-large-enterprises-by-channel-printercopier-manufacturers-channel-partnercore-

FOR ALL YOUR RESEARCH NEEDS, REACH OUT TO US AT:
Address: 6400 Village Pkwy suite # 104, Dublin, CA 94568, USA
Contact Name: Rohan
Email: sales@inforgrowth.com
Phone: +1-909-329-2808
UK: +44 (203) 743 1890

ABOUT INFORGROWTH:
We are a market-intelligence company formed with the objective of providing clients access to the most relevant and accurate research content for their growth needs. At InForGrowth, we understand Research requirements and help a client in taking informed business-critical decisions. Given the complexities and interdependencies of market-intelligence, there is always more than one source to explore and arrive at the right answer. Through our smart search feature and our reliable & trusted publishing partners, we are paving way for more simplified and relevant research.

This release was published on openPR.