Global $50 Billion Managed Print Services Market 2017-2023 - Optimizing the Use of Analytics and Cloud Computing

DUBLIN, September 8, 2017 /PRNewswire/ --

The "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 2023" report has been added to Research and Markets' offering.

Forecasts suggest the managed print services market, in terms of value, is expected to grow from USD 28.40 Billion in 2016 to USD 50.78 Billion by 2023, at a CAGR of 8.51% between 2017 and 2023

 The major drivers for the managed print services market are reduced cost of operation and flexibility to match custom requirements, persistent rise in complexity of technological solutions, continuous upsurge in the dependency over heterogeneous network of applications and infrastructure, steep increase in the adoption of big data solutions, and competent technical support by managed print service providers among others.

This report covers the managed print services market based on deployment mode, channel type, applications, organization size, and geography. The hybrid deployment mode is expected to lead the market between 2017 and 2023. Hybrid deployment is expected to be the fastest-growing deployment mode in managed print services market as it offers together benefits of cloud-based and on-premise deployment. In this deployment type, a user can have services that are hosted locally or on premises and some services managed by cloud service providers.

Market Dynamics

Drivers

• Reduced Cost of Operation and Flexibility to Match Custom Requirements
• Persistent Rise in the Complexity of Technological Solutions
• Continuous Upsurge in Dependency on Heterogeneous Networks of Applications and Infrastructure
• Steep Increase in the Adoption of Big Data Solutions
• Initiatives From Organisations to Reduce Paper Wastage
• Competent Technical Support By Managed Print Service Providers

Restraints

• Doubt in Efficiency and Effectiveness of Managed Print Services
• Long-Term Recurring Expenditure

Opportunities

• Optimizing the Use of Analytics and Cloud Computing
• New Business Propositions
• Greater Networking Opportunities

Challenges

• Privacy and Security Concerns
• New and Strategic Partnerships

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Managed Print Services Market, By Channel Type

7 Managed Print Services Market, By Deployment Mode

8 Managed Print Services Market, By Application

9 Managed Print Services Market, By Organization Size

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

• ARC Document Solutions Inc. (US)
• All Copy Products (US)
• Canon Inc. (Japan)
• Capital Document Solutions (Scotland)
• Dell Technologies (US)
• Epson (Japan)
• Fleet MPS (UK)
• Fujitsu (Japan)
• HCL Technologies (India)
• HP Development Company L.P. (US)
• Ingram Micro Inc. (US)
• Konica Minolta Inc. (Japan)
• Kyocera Corporation (Japan)
• Laser Cycle USA (US)
• Lexmark International Inc. (US)
• Pitney Bowes (UK)
• Print Audit (Canada)
• Ricoh Company (Japan)
• SCC Technology (UK)
• Samsung Electronics Co. Ltd. (South Korea)
• Sharp Corporation (Japan)
• Smart Print (Canada)
• Toshiba Corporation (Japan)
• Wipro Technologies (India)
• Xerox Corporation (US)

For more information about this report visit https://www.researchandmarkets.com/research/b3lf6t/managed_print

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