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Managed Print Services Market Trends

  • Report ID: 2986
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Managed Print Services Market Trends

Growth Drivers

  • Growing Use of Big Data Solutions
  • Need to Efficiently Manage Large Volumes of Data

Challenges

  • Recurring Expenditure
  • Lack of Clarity in Efficiency and Effectiveness of New Technological Solutions

Managed Print Services Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

9.1%

Base Year Market Size (2023)

USD 48.52 billion

Forecast Year Market Size (2036)

USD 150.54 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 2986
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing use of big data solutions and the need to efficiently manage large volumes of data are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Recurring expenditure and doubts in efficiency and effectiveness of new technological solutions are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increase in automation and evolved technological requirements of enterprises in the region.

The major players dominating the global managed print and document services market are Xerox Corporation, HP Development Company, L.P., Ricoh Company, Ltd., and Konica Minolta, Inc. among others.
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