The latest report by IMARC Group, titled “Managed Print Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global managed print services market growth. The global market size reached US$ 42.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 69.3 Billion by 2028, exhibiting a growth rate (CAGR) of 8.4% during 2023-2028.

Managed print services (MPS) is a comprehensive solution offered by market research firms like ours, designed to optimize and streamline the printing environment of an organization. In essence, MPS involves the assessment, management, and optimization of all printing-related processes within a business. By partnering with a trusted MPS provider, companies can gain better control over their print infrastructure, leading to cost savings, improved efficiency, and enhanced sustainability. These services typically include the assessment of current printing practices, consolidation of hardware, proactive maintenance, automated supply management, and enhanced security measures.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/managed-print-services-market/requestsample

Managed Print Services Market Trends and Drivers:

Businesses are continually seeking ways to reduce operational costs, and MPS offers a solution by optimizing printing infrastructure, reducing unnecessary printing, and effectively managing print-related expenses. Additionally, the ongoing digital transformation across industries has led to increased demand for MPS as companies seek to integrate print services seamlessly into their digital workflows. Other than this, organizations are increasingly focused on sustainability, and MPS providers can help them reduce paper waste, energy consumption, and carbon emissions associated with printing, aligning with corporate social responsibility goals. Besides this, with the rising threat of cyberattacks, securing printed documents is paramount. MPS providers offer advanced security measures to protect sensitive information, making them essential for data-sensitive industries like healthcare and finance. In line with this, as businesses grow or adapt to changing market conditions, MPS solutions offer scalability and flexibility to accommodate evolving printing needs. Furthermore, the surge in remote work arrangements has heightened the need for MPS solutions that can support printing needs for remote employees, ensuring consistency and security.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

• Print Management
• Device Management
• Discovery and Design
• Document Imaging

Breakup by Deployment Mode:

• On-premises
• Cloud-based 

Breakup by Organization Size:

• Large Enterprises
• Medium Enterprises
• Small Enterprises 

Breakup by Industry Vertical:

• BFSI
• Government
• Healthcare and Education
• Manufacturing
• Retail and Consumer Goods
• IT and Telecom
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Competitive Landscape with Key Player:

• ARC Document Solutions Inc.
• Brother Industries Ltd.
• Canon Inc.
• HP Inc.
• Konica Minolta Inc.
• Lexmark International Inc.
• Ricoh Company Ltd.
• Sharp Corporation
• Toshiba Corporation
• WeP Solutions Ltd 
• Xerox Corporation

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA 

Follow us on Twitter: @imarcglobal