Managed Print Services Market, 2032

Managed Print Services Market by Deployment Mode (On Premise, Cloud based, and Hybrid), Channel Type (Printer/Copier Manufacturers, System Integrators/Resellers, and ISVs), Application, Organization Size, and Geography - Global Forecast to 2032

Report Code: SE 1826 Jun, 2026, by marketsandmarkets.com

Managed Print Services Market Summary

The global Managed Print Services (MPS) market was valued at approximately USD 42.8 billion in 2024 and is projected to reach nearly USD 78.6 billion by 2032, expanding at a CAGR of 7.9% during the forecast period from 2025 to 2032. The Managed Print Services market is witnessing substantial momentum due to rapid enterprise digitalization, increasing demand for cost optimization, rising cloud-based document management adoption, and the growing integration of AI-powered workflow automation solutions. Organizations across BFSI, healthcare, manufacturing, education, and retail sectors are increasingly adopting Managed Print Services to improve operational efficiency, reduce printing costs, enhance document security, and achieve sustainability goals.

The rising use of IoT-enabled printers, predictive maintenance systems, and AI-based analytics platforms is significantly transforming the Managed Print Services market landscape. Enterprises are focusing on hybrid workplace infrastructure, remote printing capabilities, and automated print monitoring solutions to improve productivity and reduce downtime. Additionally, the emergence of cloud printing, edge computing, and intelligent document processing technologies is expected to further accelerate the growth trajectory of the Managed Print Services market through 2032.

Key Market Trends & Insights

  • North America dominates the Managed Print Services market due to high enterprise IT spending and early cloud adoption.
  • Asia Pacific is expected to register the fastest CAGR owing to rapid industrialization and SME digital transformation.
  • Cloud-based managed print solutions remain the dominant deployment segment.
  • AI-driven predictive maintenance and automated workflow optimization are emerging technology trends.
  • IoT-enabled smart printers are improving operational visibility and reducing maintenance costs.
  • Sustainability-focused print management initiatives are gaining strong traction globally.

Market Size & Forecast

  • Base Year Market Size (2024): USD 42.8 Billion
  • Forecast Market Value (2032): USD 78.6 Billion
  • CAGR (2025–2032): 7.9%
  • Growth is driven by AI-enabled print analytics, cloud printing adoption, document workflow automation, and enterprise cost optimization initiatives.

Managed Print Services Market Top 10 key takeaway

  • Increasing enterprise digital transformation is accelerating Managed Print Services adoption.
  • AI-powered print analytics are improving operational efficiency and reducing downtime.
  • Cloud-based print management solutions are witnessing strong demand globally.
  • North America remains the largest revenue-generating regional market.
  • Asia Pacific is emerging as the fastest-growing regional market.
  • BFSI and healthcare sectors are major end-user industries.
  • IoT-enabled printers are enhancing predictive maintenance capabilities.
  • Cybersecurity integration is becoming critical in enterprise printing environments.
  • Sustainability and paper reduction initiatives are boosting market demand.
  • Hybrid work culture is driving remote and mobile printing solution adoption.

Product Insights

Managed Print Services solutions are broadly categorized into cloud-based MPS, on-premise MPS, document management services, printer fleet management, and security management solutions. Among these, cloud-based Managed Print Services account for the largest market share due to their scalability, centralized monitoring capabilities, reduced infrastructure costs, and ease of deployment across distributed enterprise environments.

Cloud-based platforms allow organizations to manage printers remotely, optimize device utilization, automate toner replenishment, and monitor print activity in real time. Enterprises are increasingly preferring subscription-based MPS models as they reduce upfront investments and improve operational flexibility. The rise of hybrid work environments has further strengthened demand for secure cloud printing and mobile document access solutions.

AI integration is significantly enhancing product innovation within the Managed Print Services market. AI-enabled print management systems can analyze user behavior, predict equipment failures, optimize print volumes, and automate maintenance scheduling. Additionally, machine learning algorithms are being deployed to detect abnormal printing activities, helping organizations strengthen document security and compliance management.

Emerging product categories include eco-friendly printing solutions, touchless printing systems, and integrated workflow automation platforms. Vendors are also focusing on developing smart multifunction printers equipped with IoT sensors, real-time diagnostics, and edge computing capabilities to improve enterprise productivity and sustainability performance.

Technology / Component Insights

The Managed Print Services market is undergoing rapid technological transformation due to advancements in AI, IoT, cloud computing, robotic process automation, and cybersecurity technologies. Cloud infrastructure remains one of the most critical technology components supporting market expansion. Cloud-enabled print environments allow organizations to centrally manage distributed print fleets while supporting remote work and mobile device integration.

AI and machine learning technologies are playing a transformative role in print environment optimization. AI-driven analytics platforms help enterprises identify inefficient print behaviors, optimize printer placement, forecast consumable usage, and automate maintenance scheduling. Predictive analytics capabilities reduce downtime and extend equipment lifespan, contributing to lower operational costs.

IoT technology is another major driver in the Managed Print Services market. IoT-enabled printers and multifunction devices provide real-time performance monitoring, automated alerts, remote diagnostics, and proactive maintenance support. These capabilities improve operational visibility and reduce service interruptions in enterprise environments.

Automation technologies are increasingly integrated into document workflow processes. Intelligent document processing systems automate scanning, indexing, routing, and archival operations, reducing manual workloads and improving business efficiency. Enterprises are also deploying robotic process automation solutions alongside Managed Print Services to streamline repetitive administrative tasks.

Cybersecurity remains a critical technology focus area. Modern print infrastructures are increasingly vulnerable to cyber threats, leading organizations to adopt advanced encryption, secure user authentication, and AI-powered threat detection solutions. Vendors are integrating zero-trust security architectures into MPS platforms to strengthen enterprise data protection.

Future innovation trends include AI-powered autonomous printing systems, blockchain-based document verification, digital twin integration for print fleet management, and edge AI-enabled printer analytics platforms. These emerging technologies are expected to redefine enterprise print ecosystems during the forecast period.

Application Insights

The BFSI sector represents the leading application segment in the Managed Print Services market due to the industry's extensive documentation requirements, regulatory compliance obligations, and focus on secure information management. Financial institutions rely heavily on Managed Print Services to optimize document workflows, reduce operational costs, and enhance customer data security.

Healthcare is another rapidly growing application area. Hospitals, diagnostic laboratories, and healthcare providers utilize Managed Print Services for secure patient record management, prescription documentation, and administrative workflow optimization. AI-enabled document processing systems are helping healthcare organizations reduce paperwork burdens and improve operational efficiency.

The education sector is also experiencing strong adoption of Managed Print Services solutions. Universities and educational institutions are implementing cloud printing systems, centralized print management platforms, and automated billing solutions to improve resource utilization and reduce waste.

Retail organizations are increasingly deploying Managed Print Services to streamline invoice processing, label printing, point-of-sale documentation, and supply chain management operations. Manufacturing enterprises are integrating MPS solutions with industrial automation systems to optimize production documentation and improve workflow visibility.

Future growth opportunities are expected in government, telecom, logistics, and legal sectors, where document-intensive processes continue to drive demand for secure and efficient print management infrastructures.

Regional Insights

North America remains the dominant region in the Managed Print Services market due to strong enterprise digital transformation initiatives, advanced IT infrastructure, and high adoption of cloud-based business solutions. The United States leads the regional market with substantial demand from BFSI, healthcare, government, and corporate sectors. Organizations in North America are increasingly investing in AI-driven workflow automation and cybersecurity-integrated printing environments.

Canada is also witnessing rising demand for sustainable print management solutions as enterprises focus on reducing environmental impact and operational expenses. Mexico is gradually expanding its Managed Print Services adoption due to growing industrialization and SME digitalization initiatives.

Europe represents another significant regional market driven by strict data protection regulations, sustainability mandates, and enterprise automation investments. Germany, the United Kingdom, and France are major contributors to regional growth. European enterprises are emphasizing secure document management, energy-efficient printing systems, and AI-enabled automation platforms.

Asia Pacific is expected to register the fastest CAGR during the forecast period due to rapid industrialization, smart city initiatives, cloud adoption, and expanding enterprise digitization programs. China, Japan, India, South Korea, and Singapore are witnessing substantial investments in intelligent workplace technologies and smart office infrastructure.

China continues to dominate the APAC market owing to strong manufacturing activity and government-backed digital transformation strategies. Japan remains a technology innovation hub for advanced printing systems and robotics integration. India is emerging as a lucrative market due to increasing SME adoption and growing IT infrastructure investments.

  • North America leads the Managed Print Services market in revenue generation.
  • Asia Pacific is projected to witness the highest CAGR through 2032.
  • Europe is emphasizing secure and sustainable printing infrastructures.
  • Hybrid work trends are accelerating cloud printing adoption globally.
  • Smart office investments are boosting demand for AI-powered MPS solutions.

Country-Specific Market Trends

The United States dominates the North American Managed Print Services market with a CAGR of approximately 7.4% due to increasing enterprise cloud migration and rising investments in AI-driven workflow automation. Large enterprises are focusing on cybersecurity-integrated printing systems and intelligent document management platforms.

Canada is witnessing strong growth driven by sustainability initiatives, digital workplace transformation, and remote workforce management requirements. Mexico is gradually adopting Managed Print Services across manufacturing and retail sectors as businesses modernize operational infrastructure.

China is expected to grow at a CAGR of nearly 9.8% due to rapid industrial automation, smart factory development, and rising enterprise IT investments. Government-led digitalization programs are significantly supporting market expansion.

Japan continues to emphasize high-performance multifunction printers, robotics integration, and AI-enabled workflow management solutions. Japanese enterprises are increasingly deploying predictive maintenance systems to reduce operational disruptions.

Germany remains the largest European market due to Industry 4.0 adoption, advanced manufacturing capabilities, and strong enterprise cybersecurity investments. France is focusing on cloud document management and sustainable print optimization strategies across public and private sectors.

  • China is emerging as the fastest-growing country-level market.
  • The United States maintains leadership in AI-driven print management adoption.
  • Germany emphasizes Industry 4.0-enabled print automation systems.
  • Japan leads in advanced multifunction printer innovation.
  • India is becoming a high-potential SME-driven Managed Print Services market.

Key Managed Print Services Market Company Insights

Major companies operating in the Managed Print Services market are focusing on AI integration, cloud platform development, cybersecurity enhancement, and sustainability-focused product innovation. Leading players are increasingly investing in intelligent workflow automation, predictive maintenance analytics, and IoT-enabled device management platforms to strengthen their market positions.

Key market participants include HP Inc., Xerox Holdings Corporation, Canon Inc., Ricoh Company Ltd., Konica Minolta Inc., Lexmark International Inc., Kyocera Corporation, Epson Corporation, Sharp Corporation, and Toshiba Tec Corporation.

HP Inc. continues to expand its cloud-based print management portfolio with AI-driven analytics capabilities. Xerox focuses heavily on intelligent automation, digital workflow services, and hybrid workplace printing solutions. Canon is investing in secure document management systems and smart office technologies.

Ricoh and Konica Minolta are emphasizing sustainability initiatives and intelligent workplace transformation platforms. Lexmark is strengthening its AI-powered print optimization solutions, while Kyocera is expanding IoT-enabled printer fleet management offerings.

Strategic partnerships, mergers, and acquisitions remain common growth strategies among major industry participants as competition intensifies within the Managed Print Services market.

  • Companies are prioritizing AI-enabled workflow automation.
  • Cloud-based Managed Print Services platforms are major investment areas.
  • Sustainability-focused product innovation is increasing rapidly.
  • Cybersecurity integration is becoming a core competitive strategy.
  • Vendors are expanding IoT-enabled smart printer ecosystems.

Recent Developments

  • In 2024, a leading MPS provider launched an AI-powered predictive maintenance platform capable of reducing printer downtime by nearly 30% in enterprise environments.
  • A major technology company introduced cloud-native print security solutions integrated with zero-trust architecture for hybrid workplace environments.
  • Several Managed Print Services vendors announced partnerships with enterprise cloud providers to enhance remote print management and document workflow automation capabilities.

Market Segmentation

The Managed Print Services market is segmented by product, technology, application, and region. By product, the market includes cloud-based MPS, on-premise MPS, document management services, printer fleet management, and security solutions. Cloud-based Managed Print Services dominate due to scalability, remote accessibility, and lower operational costs.

From a technology perspective, the market includes AI analytics, IoT-enabled printing systems, cloud computing platforms, automation software, and cybersecurity solutions. AI-driven predictive analytics and IoT-enabled fleet management technologies are rapidly gaining traction.

By application, the market serves BFSI, healthcare, retail, education, manufacturing, telecom, government, and logistics industries. BFSI and healthcare sectors remain dominant due to extensive documentation and compliance requirements.

Regionally, North America leads the global market, followed by Europe and Asia Pacific. Asia Pacific is expected to witness the highest growth rate due to accelerating enterprise digitization and industrial automation investments.

  • Cloud-based MPS solutions hold the largest market share.
  • AI and IoT technologies are driving next-generation print ecosystems.
  • BFSI remains the leading application segment.
  • Asia Pacific is the fastest-growing regional market.
  • Cybersecurity solutions are becoming essential across all deployments.

Conclusion

The Managed Print Services market is expected to experience strong and sustained growth through 2032 as organizations continue accelerating digital transformation strategies and hybrid workplace adoption. AI-powered analytics, IoT-enabled device monitoring, automation-driven workflow optimization, and cloud-based document management solutions are reshaping the future of enterprise printing environments.

Businesses are increasingly recognizing the strategic value of Managed Print Services in reducing operational costs, improving productivity, enhancing cybersecurity, and supporting sustainability initiatives. As enterprises continue integrating intelligent automation and smart office technologies, the Managed Print Services market will remain a critical component of modern digital workplace infrastructure.

The growing convergence of AI, cloud computing, cybersecurity, and IoT technologies is expected to unlock new opportunities for innovation and long-term market expansion. Vendors capable of delivering scalable, secure, and intelligent print management ecosystems will be well-positioned to capitalize on the evolving market landscape through 2032.

FAQs

1. What is the current size of the Managed Print Services market?

The Managed Print Services market was valued at approximately USD 42.8 billion in 2024 and is projected to reach USD 78.6 billion by 2032.

2. What is the growth rate of the Managed Print Services market?

The market is expected to grow at a CAGR of 7.9% during the forecast period from 2025 to 2032.

3. What are the key drivers of the Managed Print Services market?

Major growth drivers include enterprise digital transformation, AI-powered workflow automation, cloud printing adoption, IoT-enabled printer management, cybersecurity requirements, and sustainability initiatives.

4. Which region leads the Managed Print Services market?

North America currently leads the global Managed Print Services market due to advanced IT infrastructure and strong enterprise technology adoption.

5. Who are the key companies operating in the Managed Print Services market?

Major companies include HP Inc., Xerox Holdings Corporation, Canon Inc., Ricoh Company Ltd., and Konica Minolta Inc..

 
 
 

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Table of Contents

1 Introduction (Page No. - 14)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Data From Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the Managed Print Services Market
    4.2 Market in APAC
    4.3 Market, By Deployment Mode
    4.4 Country-Wise Analysis of the Market

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Reduced Cost of Operation and Flexibility to Match Custom Requirements
                    5.2.1.2 Persistent Rise in the Complexity of Technological Solutions
                    5.2.1.3 Continuous Upsurge in Dependency on Heterogeneous Networks of Applications and Infrastructure
                    5.2.1.4 Steep Increase in the Adoption of Big Data Solutions
                    5.2.1.5 Initiatives From Organisations to Reduce Paper Wastage
                    5.2.1.6 Competent Technical Support By Managed Print Service Providers
           5.2.2 Restraints
                    5.2.2.1 Doubt in Efficiency and Effectiveness of Managed Print Services
                    5.2.2.2 Long-Term Recurring Expenditure
           5.2.3 Opportunities
                    5.2.3.1 Optimizing the Use of Analytics and Cloud Computing
                    5.2.3.2 New Business Propositions
                    5.2.3.3 Greater Networking Opportunities
           5.2.4 Challenges
                    5.2.4.1 Privacy and Security Concerns
                    5.2.4.2 New and Strategic Partnerships
    5.3 Value Chain Analysis

6 Managed Print Services Market, By Channel Type (Page No. - 42)
    6.1 Introduction
    6.2 Printer/Copier Manufacturers
    6.3 System Integrators/Resellers
    6.4 Independent Software Vendors (ISVS)

7 Managed Print Services Market, By Deployment Mode (Page No. - 47)
    7.1 Introduction
    7.2 On-Premises
    7.3 Cloud Based
    7.4 Hybrid

8 Managed Print Services Market, By Application (Page No. - 56)
    8.1 Introduction
    8.2 BFSI
    8.3 Government
    8.4 Education
    8.5 Healthcare
    8.6 Telecom and IT
    8.7 Industrial Manufacturing
    8.8 Retail
    8.9 Others

9 Managed Print Services Market, By Organization Size (Page No. - 77)
    9.1 Introduction
    9.2 Small and Medium-Sized Enterprises (SMES)
    9.3 Large Enterprises

10 Geographic Analysis (Page No. - 82)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 UK
             10.3.2 Germany
             10.3.3 France
             10.3.4 Italy
             10.3.5 Spain
             10.3.6 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 Australia
             10.4.4 India
             10.4.5 South Korea
             10.4.6 Rest of APAC
     10.5 Rest of the World
             10.5.1 South America
             10.5.2 Middle East
             10.5.3 Africa

11 Competitive Landscape (Page No. - 106)
     11.1 Introduction
     11.2 Market Ranking of Top 5 Players in the Market, 2016
     11.3 Competitive Scenario and Trends
     11.4 Managed Print Services Market (Global) Competitive Leadership Mapping, 2017
             11.4.1 Visionary Leaders
             11.4.2 Dynamic Differentiators
             11.4.3 Innovators
             11.4.4 Emerging Companies
     11.5 Business Strategy Excellence (25 Companies)
     11.6 Strength of Service Portfolio (25 Companies)
*
Top 25 Companies Analyzed for This Study are - Xerox Corporation (US), Ricoh Company (Japan), HP Development Company L.P. (US), Lexmark International, Inc. (US), Canon, Inc. (Japan), Konica Minolta, Inc. (Japan), Samsung Electronics Co. Ltd. (South Korea), Kyocera Corporation (Japan), Sharp Corporation (Japan), Toshiba Corporation (Japan), ARC Document Solutions, Inc. (US), Dell Technologies (US), Fujitsu (Japan), Epson (Japan), HCL Technologies (India), SCC Technology (UK), Wipro Technologies (India), Pitney Bowes (UK), Print Audit (Canada), Ingram Micro Inc. (US), Smart Print (Canada), All Copy Products (US), Laser Cycle USA (US), Fleet MPS (UK), Capital Document Solutions (Scotland)

12 Company Profiles (Page No. - 113)
(Business Overview, Products Offered, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments, Key Relationships)*
     12.1 Introduction
     12.2 Xerox Corporation
     12.3 Ricoh Company, Ltd.
     12.4 HP Development Company, L.P.
     12.5 Konica Minolta, Inc.
     12.6 Canon, Inc.
     12.7 Lexmark International, Inc.
     12.8 Kyocera Corporation
     12.9 Samsung Electronics Co., Ltd.
     12.1 Sharp Corporation
     12.11 Toshiba Corporation
     12.12 ARC Document Solutions, Inc.
     12.13 Key Innovators
             12.13.1 Pitney Bowes
             12.13.2 Wipro Limited
             12.13.3 Print Audit
             12.13.4 Ingram Micro Inc.

*Details on Business Overview, Products Offered, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 157)
     13.1 Introduction
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customization
     13.6 Related Reports
     13.7 Author Details


List of Tables (61 Tables)

Table 1 MPS Market, By Channel Type, 2014–2023 (USD Billion)
Table 2 MPS Market for Printer/Copier Manufacturers, By Region, 2014–2023 (USD Billion)
Table 3 MPS Market for System Integrators/Resellers, By Region, 2014–2023 (USD Billion)
Table 4 MPS Market for ISVS, By Region, 2014–2023 (USD Billion)
Table 5 Market, By Deployment Mode, 2014–2023 (USD Billion)
Table 6 Market, By On-Premises Deployment Mode, 2014–2023 (USD Billion)
Table 7 Market for On-Premises Deployment Mode, By Application, 2014–2023 (USD Billion)
Table 8 Market, By Cloud Based Deployment Mode, 2014–2023 (USD Billion)
Table 9 Managed Print Services Market for Cloud Based Deployment Mode, By Application, 2014–2023 (USD Billion)
Table 10 Market, By Hybrid Deployment Mode, 2014–2023 (USD Billion)
Table 11 Market for Hybrid Deployment Mode, By Application, 2014–2023 (USD Billion)
Table 12 MPS Market, By Application, 2014–2023 (USD Billion)
Table 13 MPS Market for BFSI Application, By Region, 2014–2023 (USD Billion)
Table 14 MPS Market for BFSI Application, By Deployment Mode, 2014–2023 (USD Billion)
Table 15 MPS Market for BFSI Application, By Channel Type, 2014–2023 (USD Billion)
Table 16 MPS Market for Government Application, By Region, 2014–2023 (USD Billion)
Table 17 MPS Market for Government Application, By Deployment Mode, 2014–2023 (USD Billion)
Table 18 MPS Market for Government Application, By Channel Type, 2014–2023 (USD Billion)
Table 19 MPS Market for Education Application, By Region, 2014–2023 (USD Billion)
Table 20 MPS Market for Education Application, By Deployment Mode, 2014–2023 (USD Billion)
Table 21 MPS Market for Education Application, By Channel Type, 2014–2023 (USD Billion)
Table 22 MPS Market for Healthcare Application, By Region, 2014–2023 (USD Billion)
Table 23 MPS Market for Healthcare Application, By Deployment Mode, 2014–2023 (USD Billion)
Table 24 MPS Market for Healthcare Application, By Channel Type, 2014–2023 (USD Billion)
Table 25 MPS Market for Telecom and IT Application, By Region, 2014–2023 (USD Billion)
Table 26 MPS Market for Telecom and IT Application, By Deployment Mode, 2014–2023 (USD Billion)
Table 27 MPS Market for Telecom and IT Application, Channel Type, 2014–2023 (USD Billion)
Table 28 MPS Market for Industrial Manufacturing Application, By Region, 2014–2023 (USD Billion)
Table 29 MPS Market for Industrial Manufacturing Application, By Deployment Mode, 2014–2023 (USD Billion)
Table 30 MPS Market for Industrial Manufacturing Application, By Channel Type, 2014–2023 (USD Billion)
Table 31 MPS Market for Retail Application, By Region, 2014–2023 (USD Billion)
Table 32 MPS Market for Retail Application, By Deployment Mode, 2014–2023 (USD Billion)
Table 33 MPS Market for Retail Application, By Channel Type, 2014–2023 (USD Billion)
Table 34 MPS Market for Other Applications, By Region, 2014–2023 (USD Billion)
Table 35 MPS Market for Other Applications, By Deployment Mode, 2014–2023 (USD Billion)
Table 36 MPS Market for Other Applications, By Channel Type, 2014–2023 (USD Billion)
Table 37 MPS Market, By Organization Size, 2014–2023 (USD Billion)
Table 38 MPS Market for Small and Medium-Sized Enterprises (SMES), By Region, 2014–2023 (USD Billion)
Table 39 MPS Market for Large Enterprises, By Region, 2014–2023 (USD Billion)
Table 40 Managed Print Services Market, By Region, 2014–2023 (USD Billion)
Table 41 Market in North America, By Application, 2014–2023 (USD Billion)
Table 42 Market in North America, By Organization Size, 2014–2023 (USD Billion)
Table 43 Market in North America, By Deployment Mode, 2014–2023 (USD Billion)
Table 44 Market in North America, By Channel Type, 2014–2023 (USD Billion)
Table 45 Market in North America, By Country, 2014–2023 (USD Billion)
Table 46 Managed Print Services Market in Europe, By Application, 2014–2023 (USD Billion)
Table 47 Market in Europe, By Organization Size, 2014–2023 (USD Billion)
Table 48 Market in Europe, By Deployment Mode, 2014–2023 (USD Billion)
Table 49 Market in Europe, By Channel Type, 2014–2023 (USD Billion)
Table 50 Market in Europe, By Country, 2014–2023 (USD Billion)
Table 51 Managed Print Services Market in Asia Pacific, By Application, 2014–2023 (USD Billion)
Table 52 Market in Asia Pacific, By Organization Size, 2014–2023 (USD Billion)
Table 53 Market in Asia Pacific, By Deployment Mode, 2014–2023 (USD Billion)
Table 54 Market in Asia Pacific, By Channel Type, 2014–2023 (USD Billion)
Table 55 Market in Asia Pacific, By Country, 2014–2023 (USD Billion)
Table 56 Managed Print Services Market in RoW, By Application, 2014–2023 (USD Billion)
Table 57 Market in RoW, By Organization Size, 2014–2023 (USD Billion)
Table 58 Market in RoW, By Deployment Mode, 2014–2023 (USD Billion)
Table 59 Market in RoW, By Channel Type, 2014–2023 (USD Billion)
Table 60 Market in RoW, By Region, 2014–2023 (USD Billion)
Table 61 Market Ranking of Top 5 Players in the Market in 2016
 
 
List of Figures (60 Figures)
 
Figure 1 Managed Print Services Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Assumptions of the Research Study
Figure 6 Printer/Copier Manufacturers Expected to Dominate the MPS Market During the Forecast Period
Figure 7 BFSI Sector is Expected to Account for Largest Share of MPS Market During Forecast Period
Figure 8 Cloud -Based Deployment Mode is Expected to Account for the Largest Market Share Between 2017 and 2023
Figure 9 Large Enterprises are Expected to Account for the Largest Share of the MPS Market By Organization Size During the Forecast Period
Figure 10 North America Held A Major Share of the MPS Market in 2016
Figure 11 Reduced Cost of Operation and Flexibility Acts as A Major Driver for the MPS Market During the Forecast Period
Figure 12 China Held the Largest Share of the MPS Market in APAC in 2016
Figure 13 MPS Market for Hybrid Deployment Mode is Expected to Grow at the Highest Rate Between 2017 and 2023
Figure 14 The US Held the Largest Share of the Market in 2016
Figure 15 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Market: Value Chain Analysis
Figure 17 Market, By Channel Type
Figure 18 MPS Market, By Channel Type
Figure 19 Managed Print Services Market, By Deployment Mode
Figure 20 Cloud-Based Deployment Mode is Expected to Account for the Largest Market Share Between 2017 and 2023
Figure 21 Government Application is Expected to Account for the Largest Share in the MPS Market for On-Premises-Based Deployment Mode Between 2017 and 2023
Figure 22 Government Application is Expected to Grow at the Highest CAGR for Cloud-Based Deployment Mode Between 2017 and 2023
Figure 23 Government Application is Expected to Grow at the Highest CAGR for Hybrid Deployment Mode Between 2017 and 2023
Figure 24 MPS Market, By Application
Figure 25 MPS Market for Government Application Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 26 North America Expected to Hold the Largest Size of the MPS Market for BFSI Application During the Forecast Period
Figure 27 MPS Market in Asia Pacific for Government Application Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 28 North America to Dominate the MPS Market for Education Application Between 2017 and 2023
Figure 29 MPS Market in Asia Pacific for Healthcare Application Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 30 North America to Account for the Largest Size of the MPS Market By 2023
Figure 31 MPS Market in Asia Pacific for Industrial Manufacturing Application Expected to Grow at the Highest CAGR During 2017–2023
Figure 32 North America to Account for the Largest Size of the MPS Market for Retail Applications By 2023
Figure 33 MPS Market, By Organization Size
Figure 34 Large Enterprises Expected to Account for Largest Share of MPS Market Between 2017 and 2023
Figure 35 MPS Market for SMES in Asia Pacific Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 36 North America Expected to Account for Largest Share of MPS Market for Large Enterprises Between 2017 and 2023
Figure 37 Managed Print Services Market, By Geography
Figure 38 Market, Geographic Snapshot
Figure 39 North America: Market Snapshot
Figure 40 The US Expected to Hold the Largest Market Share of the MPS Market in North America Between 2017 and 2022
Figure 41 Europe: Managed Print Services Market Snapshot
Figure 42 France Expected to Grow at the Highest CAGR for the MPS Market Between 2017 and 2022
Figure 43 Asia Pacific: Market Snapshot
Figure 44 MPS Market in India is Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 45 Middle East Expected to Hold the Largest Market Share in the RoW Region for MOS Market Between 2017 and 2023
Figure 46 Key Growth Strategies Adopted By the Top Companies Between 2015 and 2017
Figure 47 Battle for Market Share: New Product Launches Emerged as the Key Strategy Between 2015 and 2017
Figure 48 Competitive Leadership Mapping
Figure 49 Geographic Revenue Mix of Major Players in the Market, 2016
Figure 50 Xerox Corporation: Company Snapshot
Figure 51 Ricoh Company, Ltd.: Company Snapshot
Figure 52 HP Development Company, L.P.: Company Snapshot
Figure 53 Konica Minolta, Inc.: Company Snapshot
Figure 54 Canon, Inc.: Company Snapshot
Figure 55 Lexmark International, Inc.: Company Snapshot
Figure 56 Kyocera Corporation: Company Snapshot
Figure 57 Samsung Corporation: Company Snapshot
Figure 58 Sharp Corporation: Company Snapshot
Figure 59 Toshiba Corporation: Company Snapshot
Figure 60 ARC Document Solutions, Inc.: Company Snapshot

During this research study, major players operating in the managed print services market in various regions have been identified, and their offerings, regional presence, and distribution channels have been analyzed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva, along with primary respondents. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) pertaining to the market. The figure below shows the breakdown of the primaries on the basis of the company type, designation, and region considered during the research study.

Managed Print Services Market

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The managed print services ecosystem includes manufacturers and resellers such as Xerox Corporation (US), HP Development Company, L.P. (US), Lexmark International Corporation (US), and ARC Document Solutions, Inc. (US), Kyocera Corporation (Japan), Sharp Corporation (Japan), Konica Minolta, Inc. (Japan), Ricoh Company, Ltd. (Japan), Toshiba Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea) and other end users.

Scope of the Report:

Report Metric

Details

Base year

2016

Forecast period

2017–2023

Units

Value (USD)

Segments covered

Type, End User, Offerings, and Region

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

Xerox Corporation (US), HP Development Company, L.P. (US), Lexmark International Corporation (US), and ARC Document Solutions, Inc. (US), Kyocera Corporation (Japan), Sharp Corporation (Japan), Konica Minolta, Inc. (Japan), Ricoh Company, Ltd. (Japan), Toshiba Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea)

Major Market Developments

  • In March 2017, Xerox Corporation launched a “Xerox ConnectKey portfolio”, which has one-touch access to the cloud and multilayered security features. This is expected to create leverage for the company in technological innovations and enhance the product portfolio.
  • In December 2016, HP redesigned its managed print services (MPS) to protect corporate print environments against cyber-attacks on network printers. The new features include advanced security professional services, software solutions, and expanded core delivery capabilities.
  • In June 2017, Xeretec, the MPS reseller of Xerox, acquired the Landscape Group (UK), which is the HP MPS and solutions specialist. This acquisition will enable 2 major resellers to work together and create a revolutionary growth in the MPS market.

Key Target Audience

  • Managed print services providers
  • IT service providers
  • Cloud service providers
  • Printer suppliers
  • Original equipment manufacturers (OEMs)
  • System integrators and third-party vendors
  • Software solution providers
  • Government bodies
  • Technology investors
  • Enterprise data center professionals
  • Research institutes and organizations
  • Market research and consulting firms

Scope of the Report

The managed print services market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The market has been segmented as follows:

By Deployment Mode

  • On-premise
  • Cloud-based
  • Hybrid

By Channel Type

  • Printer/Copier Manufacturers
  • System Integrators/Resellers
  • Independent Software Vendors (ISVs)

By Application

  • BFSI
  • Government
  • Education
  • Healthcare
  • Telecom and IT
  • Manufacturing
  • Legal
  • Others

By Organization Size

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Critical questions which the report answers

  • What are new application areas which the managed print service providers are exploring?
  • Which are the key players in the market and how intense is the competition?

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Deployment Mode Analysis

  • Detailed analysis of on-premise, cloud-based, and hybrid deployment

Country-wise Information:

  • Detailed analysis of each country

Company Information:

  • Detailed analysis and profiling of additional market players (up to five)
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