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Global Multi-Function Printer Market Forecast To Reach At CAGR of 2.15% Between 2016-2020

07-26-2016 09:29 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: About MFP

About MFP

MFPs can perform multiple functions like printing, faxing, scanning, and photocopying. These are used mainly in homes and offices due to their small size, versatility, reliability, and ease of use. For businesses, MFPs help to reduce capital costs and provide flexibility, as they have multiple functions. This eliminates the need for purchasing different peripherals such as copiers, printers, and scanners in business environments. They are also finding places in homes, as people want convenience with regards to printing and scanning.

Technavios analysts forecast the global MFP market to grow at a CAGR of 2.15% by revenue during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global MFP market for 2016-2020. To calculate the market size, the report uses the total shipments of MFPs and the revenue generated by vendors.

The market is divided into the following regions based on geography:
Americas
APAC
EMEA

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Technavio's report, Global MFP Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Canon
HP
Seiko Epson
Brother International
Samsung

Other prominent vendors
Lexmark
Panasonic
Dell
Oki Data
Ricoh
Xerox
Kyocera
Kodak
Konica Minolta
Olivetti
Sharp
Toshiba
Sindoh
UTAX

Market driver
Rising expenditure on R&D and marketing
For a full, detailed list, view our report

Market challenge
Shift toward paperless society
For a full, detailed list, view our report

Market trend
Cost-driven end-users in emerging nations
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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