Managed Print Services Market Insights 2025-2034: Growth Forecast and Strategic Priorities

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Managed Print Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for managed print services has seen a robust expansion in the recent years. The market, which stands at $44.95 billion in 2024, is projected to swell to $48.88 billion in 2025, clocking a compound annual growth rate (CAGR) of 8.8%. Various factors have contributed to the growth in the historical period, including efforts to reduce costs, an increase in printing complexity, amplified focus on environmental sustainability, the rise in mobile printing, intricate print infrastructure, a shift of focus towards core competencies, the internationalization of business operations, and the integration with enterprise content management.

Managed Print Services Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the managed print services market size is predicted to undergo significant growth, reaching $69.82 billion by 2029 with a compound annual growth rate (CAGR) of 9.3%. This growth during the forecast period can be linked to the rise in digital transformation initiatives, the trend towards hybrid work settings, emphasis on user authentication and access control, advancements in print analytics, the expansion of 3d printing, and focus on user experience, sustainability, and green printing. The forecast period is also anticipated to witness several trends, including remote print management, data analytics and predictive maintenance, optimization of print fleet, enhancing device and document security, vendor consolidation and collaboration, subscription-based models, the provision of managed document services (MDS), and the implementation of artificial intelligence (AI) and automation.

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What Are the Drivers Transforming the Managed Print Services Market?
The surge in expenditure on print security is anticipated to propel the managed print services market. Print security involves the secure supervision of printing equipment and corresponding infrastructure. Managed printing assists the businesses in ameliorating document protection and promoting environmental sustainability. As reported by Xerox, a US-based firm involved in print and digital document products and services, in an article in May 2023, the investment in print security is constantly ascending. In totality, 79% of organizations foresee an augmentation in their security spending in the subsequent 12 months in 2024, and it is projected to escalate to 86% in the US and to 85% in business and professional services and retail sectors. Additionally, in May 2023, Xerox's The Print Security Landscape indicated that 67% of survey participants revealed they had experienced a minimum of one print-associated data violation in the previous year, a rise from 61% in 2023. Disturbingly, the average financial fallout of each violation has surged by 38% every year, presently amounting to £1,028,346. Consequently, the escalation in print security spending is stimulating the accumulation of the managed print services market.

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What Long-Term Trends Will Define the Future of the Managed Print Services Market?
Advancements in technology is a growing trend within the managed print services market. Firms within this market are focusing on creating new tech solutions, such as those that use the cloud, to enhance flexibility and solidify their market standing. eProductivity Software, a US-based firm that deals in packaging and print software solutions, exemplified this in May 2024 when they launched Nubium. This print management information system (MIS), based entirely in the cloud, is designed to bring substantial changes to print management for small to mid-sized printers. Being a fully cloud-based solution allows for fast deployment and onboarding, thereby enabling businesses to initiate operations and produce estimates within the first hour. Nubium affords superior tools for precise quoting, automatized machine choice, and effective time and material estimates, which significantly revamp the quoting process. Furthermore, the system offers strong management of raw materials and completed goods, leading to optimised stock amounts, reduced waste, and savings in the long-term.

Which Segments in the Managed Print Services Market Offer the Most Profit Potential?
The managed print services market covered in this report is segmented -

1) By Type: Print Management, Device Management, Discovery And Design, Document Imaging
2) By Channel Type: Printer Or Copier Manufacturers, System Integrators Or Resellers, Independent Software Vendors (ISVs)
3) By Deployment Mode: On-premise, Cloud-Based, Hybrid
4) By Organization Type: Small And Medium Enterprises (SMEs), Large Enterprises
5) By Application: BFSI, Government, Education, Healthcare, Telecom And IT, Manufacturing, Legal, Other Applications

Subsegments:
1) By Print Management: Print Policy Development, Print Job Routing, Cost Control And Reporting
2) By Device Management: Printer And Copier Management, Device Monitoring And Maintenance, Supply Management
3) By Discovery And Design: Print Environment Assessment, Workflow Analysis, Custom Print Solutions Design
4) By Document Imaging: Document Scanning Services, Digital Document Management, Workflow Automation

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Which Firms Dominate the Managed Print Services Market by Market Share and Revenue in 2025?
Major companies operating in the managed print services market are ARC Document Solutions Inc., Canon Inc., Hewlett-Packard Development Company L.P., Kyocera Document Solutions Inc., Konica Minolta Inc., Lexmark International Corporation, Ricoh Company Ltd., Sharp Corporation, Toshiba Corporation, Xerox Corporation, Novatech Inc., Samsung Electronics Co. Ltd., Ingram Micro Inc., SCC Document Services, Print Audit, Brother UK Ltd., EuroForm AS, Exela Technologies Inc., Epson America Inc., Fujitsu Limited, Comarch SA, Unisys Corporation, Tech Mahindra Limited, OfficeCorp, Titan Office Solutions, Staples Managed Print Services, PrintFleet, Blue Star PRINT

Which Regions Offer the Highest Growth Potential in the Managed Print Services Market?
North America was the largest region in the managed print services market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the managed print services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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