Managed Print Services (MPS) Market is Anticipated to Reach $53.13 Billion By 2027

Managed Print Services (MPS) Market is Anticipated to Reach $53.13 Billion By 2027 “The global managed print services (MPS) market size is anticipated to value USD 53.13 billion until 2027. It is also expected to register a CAGR of 6.2% over the forecasted years, 2020 to 2027.”

The report on the Managed Print Services (MPS) market0 report includes future industry Trends, Size, Share, Past, current data and deep analysis, and forecast. This market offers a coordinated and orderly methodology for the foremost important aspects that have influenced the market within the past and also the forthcoming market prospects on which the organizations can rely on before investing. It furnishes with an inexpensive examination of the marketplace for better decision-making and assessment to put resources into it. The report analyses the weather and a whole detailed outlook of the foremost players that are likely to feature to the demand within the worldwide Managed Print Services (MPS) market within the upcoming years.

Main features of the report: • To provide detailed analysis of the market structure together with forecast of the varied segments and sub-segments of the world Managed Print Services (MPS) Market.

• A perfect background analysis, which has an evaluation of the parent market.

• Important changes in market dynamics • Track and analyze competitive developments like joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments within the global Managed Print Services (MPS) Market.

• Emerging niche segments and regional markets The global managed print services (MPS) market size is anticipated to value USD 53.13 billion until 2027. It is also expected to register a CAGR of 6.2% over the forecasted years, 2020 to 2027. The increasing need for maintaining documentation and the need for adoption of such services for monitoring of printing procedure is expected to augment the market growth.

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The printer manufacturer segment held the largest share across the global market in 2019 on account of increasing demand for these services by the key printers and copier manufacturers. The channel segment of the system integrator is expected to register the highest CAGR owing to its enhanced offerings like a wide variety of solutions and managed ITrelated services.

In 2019, the BFSI application segment accounted for the largest share across the global market due to the surging need for securing private documents and rising demand to carry out financial operations. On the other hand, the retail and consumer goods application segment is also expected to gain traction in the upcoming years.

The Asia Pacific is estimated to register significant growth over the forecasted years owing to the increasing number of consumer goods and retail startups residing across India China and Japan. The North America held a dominant share across the global market in 2019 due to the rising number of programs and strategic acquisitions undertaken by the MPS service providers.

The managed print services market includes key players such as Canon, Lexmark Corporation, Xerox Corporation, Hewlett-Packard (HP), Konica Minolta Inc., Toshiba, and Sharp Corporation. They are engaged in developing strategies like partnerships and alliances for widening their geographical reach and service offerings.

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Further key findings from the report suggest: • In 2019, the large enterprise segment dominated the global market.

• The BFSI application segment accounted for the largest share across the global market in 2019.

• Asia Pacific is estimated to register significant growth over the forecasted years, 2020 to 2027.

• The key players in this market are Canon, Lexmark Corporation, Xerox Corporation, Hewlett-Packard (HP), Konica Minolta Inc., Toshiba, and Sharp Corporation.

Million Insights has segmented the global managed print services (MPS) market on the basis of channel, deployment, organization, application and region: Managed Print Services Channel Outlook (Revenue, USD Million, 2016 - 2027) • Printers/Copiers Manufacturers • System Integrators • Independent Software Vendors Managed Print Services Deployment Outlook (Revenue, USD Million, 2016 - 2027) • On-premises • Cloud-based • Hybrid

Managed Print Services Organization Outlook (Revenue, USD Million, 2016 - 2027) • Small and Medium Enterprises • Large Enterprises Managed Print Services Application Outlook (Revenue, USD Million, 2016 - 2027) • BFSI • Education • Government • Healthcare • Industrial Manufacturing • Retail & Consumer goods • Telecom & IT • Others Managed Print Services Regional Outlook (Revenue, USD Million, 2016 - 2027) • North America • The U.S.

• Canada • Mexico • Europe • The U.K. • Germany • France • Italy • Rest of Europe • Asia Pacific • China • India • Japan • Rest of APAC • South America • Brazil • Rest of South America • Middle East & Africa Table of Contents:Chapter 1 Methodology and Scope Chapter 2 Executive Summary Chapter 3: Market Variables, Trends & Scope Chapter 4 Managed Print Services (MPS): Product Estimates & Trend Analysis Chapter 5 Managed Print Services (MPS): Application Estimates & Trend Analysis Chapter 6 Managed Print Services (MPS): End-use Estimates & Trend Analysis Chapter 7 Managed Print Services (MPS): Industrial End-use Estimates & Trend Analysis Chapter 8 Managed Print Services (MPS): Regional Estimates & Trend Analysis Chapter 9 Competitive Landscape Chapter 10 Managed Print Services (MPS): Manufacturers Company Profiles

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