Managed Print Services Market Global Industry Trends, Share, Size and Forecast Report By 2026

1. Managed Print Services Future Forecast 2018 – 2026 | Latest Research Analysis by BlueWeave Consulting & Research Pvt Ltd. According to a new report published by Blue Weave Consulting, The Global Managed Print Services Market valued at US$ 30,895.8 billion is expected to grow at a CAGR of 7.5% from 2018-2026 reaching US$ 58,779.7 billion over the forecasted period. According to the report, North America is the highest contributor in terms of revenue to the global managed print services market in the year 2017. However, Asia Pacific is the fastest growing region at a CAGR of 10.4% Rise in increased security levels as well as reducing environmental impact are substantially driving the global managed print services market Managed Print Services is a business solution that creates transparent and tangible value minimizing the energy usage on print, budget and time spend on the environment. It offers oversight and provision for business document output along with external service providers. The services include deployment of software/app by the vendors, device maintenance/support, and other additional services including assessment, analytics, mobility and other services/solutions offered by the MPS providers. Increased security level for printing document has been one of the instrumental factor driving the market. Data in any form has become very vital intellectual property (IP). Leakage of data such as business ideas, future strategies, or financial statements might adversely affect any company’s reputation in the market or cause heavy financial losses. Thus, security of data has been considered the highest priority in recent years. Advancements in technology and continuous innovation by vendors to provide high-level security to data while using MPS has recently attracted a high number of organizations to consider MPS for their printing needs. For instance, Xerox emphasizes providing high-level authentication and encryption to ensure protection of vital data. In February 2013, Xerox partnered with McAfee to enhance security of its MPS.HP Inc. stands out in particular for its Secure MPS strategy that incorporates a range of consulting services as well as broader IT integration with existing security information and event management (SIEM) tools. Organizations are increasingly considering CSR activities to comply with government regulations in order to mitigate environmental effects through their activities. Thus, reduction in the environmental effects is considered one of the major factors to aid the fast growth of the MPS market. Also, reduction in cost and reduction in downtime are key drivers too. Access Full Market Research Report@ https://bit.ly/2R196MQ

2. Scope of the Report The Global Managed Print Services Market is segmented on the basis of deployment, channel, enterprise size, and industry vertical. On the basis of deployment, the market is segmented into cloud, on-premise and hybrid. Cloud-based market has contributed the highest revenue in 2017 while Hybrid is expected to grow at the fastest CAGR of 8.5% during the forecasted period. On the enterprise basis, there are SMEs and large enterprises. Based on channels there are Printer/Copier Manufacturers and Channel Partner/Core MPS Providers. On the industry vertical basis the market is segmented into BFSI, Telecom and IT, Government and public, healthcare, education, legal, construction, manufacturing and others. The legal industry is expected to grow the highest in terms of both revenue and CAGR in during the forecasted period. Competitive Dynamics Major industry players in managed print services market are adopting different expansion & innovation strategies to remain sustain themselves in the fast growing competitive market. For instance, in 2015 Canon U.S.A., Inc., collaborated with the Ontario, Canada-based Company PrintFleet LINK. This collaboration had enhanced in image CLASS Printonomics, an MPS program. Furthermore, in 2015, Fuji Xerox Co. Ltd. launched next generation managed print services in the Asia-Pacific region which support document-related work processes with enhanced security in mobile and cloud environment. The key players in the market are Fujitsu Ltd, Xerox Corporation, HP Development Company, L.P., Canon, Inc, Konica Minolta, Inc., Kyocera Corporation, Ricoh Company Ltd, Toshiba Corporation, Epson, Sharp Corporation and others. Market Segmentation: Global Managed Print Services Market By Deployment  Cloud  On-Premise  Hybrid By Enterprise size  SMEs  Large Enterprises

3. By Channel   Printer/Copier Manufacturers Channel Partner/Core MPS Providers In addition, the report provides analysis of the managed print services market with respect to the following geographic segments:      North America Europe Asia Pacific (APAC) Middle East & Africa Latin America About BlueWeave Consulting & Research Pvt Ltd. BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth. Contact Us: info@blueweaveconsulting.com https://www.blueweaveconsulting.com Global Contacts: 18666586826