Australia Managed Print Services Market Projected to Reach USD 1,801.79 Million by 2033

Market Overview
The Australia managed print services market size reached USD 990 Million in 2024. The market is projected to grow to USD 1,801.79 Million by 2033, reflecting robust expansion driven by cost efficiency, enhanced document security needs, workflow automation improvements, and an increasing shift to cloud-based solutions. These factors collectively support the rising adoption and demand for managed print services across various sectors in Australia. The forecast period for this market spans from 2025 to 2033 with a compound annual growth rate (CAGR) of 6.88%.

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How AI is Reshaping the Future of Australia Managed Print Services Market
• AI-enabled print management tools are automating device performance tracking and maintenance, increasing operational efficiency for managed print services.
• Integration of AI-driven security measures is significantly improving document security, addressing the growing need for protection against unauthorized access and data breaches.
• Cloud-based AI solutions enhance workflow automation and real-time monitoring, facilitating smarter and faster decision-making in print services management.
• Government initiatives, such as the NSW Government's C9827 PID panel, emphasize vendor accountability and flexible service terms, aligning with AI-powered optimization.
• Companies like Ricoh Australia leverage AI and software solutions to integrate environmental sustainability into print services, such as automated reforestation tracking.
• AI-assisted centralized procurement models consolidate vendor selection and contract management, improving cost efficiency and service standardization across public sector agencies.

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Australia Managed Print Services Market Growth Factors
Cost is the main driver for the Australia managed print services market. The growing need for enterprises to reduce operational expenditure is likely to fuel the growth of the managed print services market in Australia. Market growth is driven by factors such as the increasing emphasis on document security and workflow automation, as well as introduction of public sector contracts such as the C9827 PID panel with the NSW Government, which is about engaging suppliers in a mutual responsibility for the provision of end to end print services to deliver cost and operational efficiencies. These trends are directly linked to adoption and investments in the market.
Cloud-based solutions integrate for market growth.

Cloud-based deployment models permit flexible, scalable, and cost-effective print management, which helps organizations reduce infrastructure costs, improve remote monitoring with control capabilities, and improve workflow that automates with operational visibility; therefore, cloud deployment gains popularity. Integration with other IT systems also drives the adoption of cloud-managed print services. Government procurement contracts and panels for the provision of managed print services, such as the New South Wales Government Print and Imaging Devices and Services panel, are contributing to the growth of cloud-managed print services.

Centralized buying and standardization of service levels are driving consolidation and transparency. Government departments and large-scale organizations use a panel of suppliers who have an approved range of devices and managed print services. This leads to increased cost efficiency and predictability. The industry's move to mandatory panels is shown by New South Wales replacing its earlier imaging panel with the C9827 PID panel. This reflects both the market demand for vendor accountability and the need to better manage the print environment, driving growth in the print services market.

Market Segmentation
Type Insights:
• Print Management
• Device Management
• Discovery and Design
• Document Imaging

Deployment Mode Insights:
• On-premises
• Cloud-based

Organization Size Insights:
• Large Enterprises
• Medium Enterprises
• Small Enterprises

Industry Vertical Insights:
• BFSI
• Government
• Healthcare and Education
• Manufacturing
• Retail and Consumer Goods
• IT and Telecom
• Others

Regional Insights:
• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

Key Players
• Canon
• Sharp
• Epson
• Toshiba

Recent Development & News
• March 2025: Ricoh Australia partnered with PrintReleaf to integrate automated reforestation into its managed print services. This initiative enables Australian businesses to offset environmental impact by tracking paper usage and supporting verified tree planting projects globally, enhancing the market's sustainability credentials without requiring additional hardware.
• April 2025: The New South Wales Government implemented a new mandatory all-of-government panel, Print and Imaging Devices and Services (C9827 PID), consolidating suppliers like Canon, Sharp, Epson, and Toshiba. This move enhances service standardization, cost competitiveness, and operational efficiency in government print environments.
• July 2025: Public sector procurement in Australia intensified its focus on vendor accountability for print infrastructure management by adopting full-service agreements. These agreements, exemplified by the NSW Government's C9827 PID panel's Lot 3, require suppliers to manage deployment, maintenance, and optimization, thereby improving service delivery quality and driving market demand.

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