Asia Print Services Market Report

1. Asia Print Services Market According to a report Asia Print Services Market Size & Forecast 2026, by Chrome Media, the print services market in Asia is expected to be around USD5.8 billion in 2021 and is forecast to cross USD10 billion by growing at a CAGR of more than 11.5% during 2021-26. Growing need for multinational Asian companies to effectively streamline and manage the paper and print solutions and is the primary reason for growth of print services market. Increasing electronic documentations coupled with growing digitization across industries is also becoming a major factor for increasing implementation. Companies are more focussed on finding sustainable solutions for business and growing environmental concerns among the global populations are also a major reason for companies opting for print services so as to effectively manage the paper and ink consumption. The demand for these services especially arrives from companies having offices across multiple locations such as Financial Institutions, IT and ITES companies, telecommunication, etc. Many of these companies are focusing on implementing newer technologies which can offer better connectivity such as offering one-touch access to the cloud and security features, securing the corporate printers against cyber-attacks, and expanding the core delivery capabilities and product portfolio. In terms of region, Asia Print Services Market has been segmented into countries. Major countries dominating the Asia print services market include China, Japan, India, Korea, UAE, Vietnam etc. China accounts for the largest market share followed by major services and industrial economies such as Japan India, South Korea, Singapore, UAE. These countries have large market share especially due to the presence of large multinational companies as well as huge services sector. In terms of deployment type cloud-based deployment currently holds the highest share followed by hybrid and on-premises systems. Cloud based deployments are cost-effective as compared to other models while offering accessibility from anywhere within the network. The report offers insights around the current market scenario which comprises of market size, growth rate along with market drivers, challenges, current trends, and opportunity areas. The report also

2. includes detailed information around market segmentation and key competitors present in those segments. Key market players, which are covered in the report include: Kyocera Corporation Sharp Corporation Konica Minolta Xerox HP Development Canon Ricoh Toshiba Corporation Samsung Wipro The Asia Print Services Market has been segmented by type of organisation i.e., small, medium, and large, by type of deployment Cloud, On Premise and Hybrid. The market is also segmented into end use sector (BFSI, Education, Government, Healthcare, Manufacturing, Retail & Consumer goods, Telecom & IT and Others. The report, “Asia Print Services Market”, has been developed by gathering information based upon primary as well as secondary sources. Primary research conducted during the process includes interviews with print services providers along with various industry experts. Secondary research includes an exhaustive search of relevant publications such as company annual reports, financial reports, news articles and other proprietary databases. About Chrome Data Analytics & Media Chrome DM is a technology-driven market research firm with a Pan-India on-ground presence. As of September 2017, the organization has a team of 650+ field staff, 150+ managerial staff and 450 tele- callers speaking over 22 languages to gather data from 5817 towns. With a presence in over 5,99,623 villages, Chrome DM also has an unprecedented reach into Rural India. Since its inception, Chrome DM has worked with some of the biggest brands across industry verticals, including Dabur, Gionee, Lava, Sony, Samsung, Government of Rajasthan, BJP, Employee Provident Fund Organization, Star India, Bureau of Energy Efficiency, Times Group, Future Group, Mercedes, Cafe Coffee Day, Zee, Soul flower & Mahindra amongst other reputed organizations, by providing them research & advisory.