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Adoption of Managed Print Services (MPS) by Small and Medium Size Enterprises Facilitates Market Growth

Press release Description

Albany, New York, November 6, 2018: Increasing adoption of managed print services by small and medium enterprises besides large enterprises is a potential growth initiator in managed print services market. Further, growing inclination towards sustainable printing technologies lend substantial impetus to the growth of managed print services market. However, inclination towards digital transition to minimize paper consumption, emerges as a major deterrent in the growth trajectory of managed print services market. Such pertinent market details have been extracted from a new research offering titled, ‘Managed Print Services (MPS) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026‘ included in the burgeoning repository of Market Research Reports Search Engine (MRRSE).

Flexible Remote Access to Printing Fleet Remains Key Investment Area

To sustain amidst stiff competition in managed print services, market players are increasingly banking upon improved technological capabilities that offer promising avenues to aspiring as well as existing market players in print services market. Flexible remote access to printing fleet remains a core priority amongst leading market players. Additionally, limiting operational costs and portfolio differentiation also remain key foci amongst market vendors. Some of the core business strategies incorporated by leading market vendors in managed print services, comprise process automation, and document and information management system.  

In a significant recent development, HP has affirmed its latest venture to acquire Europe based managed print services vendor, Apogee. The development is envisioned to spearhead HP’s long term growth objective to expand A3 print copier replacement market. The development is expected to significantly benefit both the companies aspiring to attain a strong footprint in global managed print services market.

Cloud-Based Managed Print Services Segment Records Superlative Growth

This research report on managed print services market is an in-depth review of potential market drivers, restraints, and opportunities that shape growth in managed print services market. The primary aim of this report is to aid readers’ understanding on market definition, dynamics, and future growth scope thereby allowing market players to deliver well informed, lucrative business decisions. This section of the report sheds light on prevailing market segments in managed print services market, based on which the market is segregated into channel, enterprise size, deployment, and end-use. Based on channel, managed print services market is split into printer/copier manufacturers and channel partner/core MPS providers. In terms of deployment, managed print services market is classified into cloud, on-premise, and hybrid. Based on enterprise size, managed print services market is diversified into SMEs and large enterprises. By industry, managed print services market exhibits telecom and IT, BFSI, healthcare, construction, education, and manufacturing as core segment categories.  

North America to Retain its Dominant Stance in Managed Print Services Market

In the subsequent sections of this research report on managed print services market, readers are also presented with a deep-dive analytical review on geographical diversification of managed print services market, based on which the report enumerates Europe, North America, Asia-Pacific, Middle East and Africa, and South America as prominent geographical fringes in managed print services market.

Competition Spectrum: Managed Print Services Market

In the trailing section of the report, readers are offered an overview on competition landscape of managed print services market. Based on thorough research elements etched in this section, readers are enabled to gauge the efficacy of marketing strategies and tools incorporated by leading market players across regions and their eventual implications on consumer response and holistic growth of managed print services market. The report goes on to benchmark some of the key market participants in managed print services market comprising, HP Inc., Xerox Corporation, Lexmark International Inc., Fujitsu Ltd, Canon, Inc., and Konica Minolta, Inc. aongst others.

Browse Full Global Managed Print Services (MPS) Market Report with TOC :

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