Managed Print Services Market Size

Managed Print Services Market size was over USD 48.52 billion in 2023 and is anticipated to cross USD 150.54 billion by the end of 2036, witnessing more than 9.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of managed print services is estimated at USD 52.05 billion.

The increasing use of big data solutions, along with the need to efficiently manage large volumes of data are expected to fuel the progress of managed print services market. The growth of the market can also be attributed to factors such as the increasing adoption of cloud computing and analytics on a global level. It is projected that more than 72% of the global enterprises will shift to cloud storage from on-premise data centers, by 2022