Press release
Digital Franking Machine Market Trends and Forecast to 2027
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The increasing use of digital instruments which are automated in order to reduce the workload of the humans is expected to drive the digital franking machine market.
Portability and operational efficiency driving the digital franking machine market
Portability and operational efficiency is achieved at a greater level through digital franking machines. Operational expenses can be reduced to a greater extent with the help of these machines.
Most digital franking instruments are wireless, i.e. they are battery operated and hence portable. Digital franking machines are compact and easy to carry. Thus, ease of operations drives the growth of the digital franking machine market.
High maintenance and integration cost associated with digital franking machine likely to restrain market growth
Digital franking machines are fairly expensive as compared to traditional postage meters. The hardware of the digital franking machine has high maintenance as well as integration cost.
Digital franking machines are mostly deployed in government offices where postal mails are sent. Most of the revenue is generated from the government sector; hence the limitation of funds is a major concern. Cost concerns associated with the hardware might restrain the growth of the digital franking machine market globally.
digital franking machines market
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Europe Expected to Hold Major Share of the Global Digital Franking Machines Market
In terms of region, the global digital franking machine market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
Europe is expected to account for major share of the global digital franking machine market during the forecast period due to advancements in the technology and highest use of the mail facilities in this region.
Although Europe and North America are expected to hold significant share of the global digital franking machine market during the forecast period, the markets in APAC and MEA are expected to expand at a significant rate.
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Key Players Operating in the Global Digital Franking Machine Market
Pitney Bowes Ltd.
Neopost Ltd.
Frama UK Ltd
Francotyp Postalia Mailing
Annodata Ltd.
Ashcroft
Digital Communication Systems Ltd.
Digital Solutions Ltd.
European Postal Services Ltd.
FPIMS Southern Ltd.
Kane Mailing Systems Ltd.
Mailcoms Ltd
The Mailing Room
Mailing Systems Ltd.
Nationwide Franking Sense Ltd.
NCS Group Ltd.
North Time and Data Limited
Northern Services
OMM Group
NSL Mailing
Totalpost Services, PLC
Westmore Business Systems Ltd.
Twofold Ltd.
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Transparency Market Research is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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