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Published Date: 2016-05-27Number of Pages: 100

Managed Print Services (MPS) Market (Channel - Printer/Copier Manufacturers, Channel Partner/Core MPS Providers; Enterprise Size - SMEs, Large Enterprises; Deployment - On-premise, Hybrid, Cloud-based; End-use – BFSI, Telecom and IT, Government and Public, Health Care, Education, Legal, Construction, Manufacturing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Managed print services (MPS) help organizations manage their complex printing infrastructure, which consists of a large number of multifunctional printers. MPS vendors take care of the entire printing fleet in an organization by maintaining the printers and thus reducing the downtime. MPS vendors monitor and control the printing activities, reducing the paper wastage. Moreover, MPS allow organizations to gain insights on their printing expenses and thus assist them in devising and allocating future printing budgets. Technological developments and continuous innovation by lead MPS vendors and printer/copier manufacturers have allowed organizations to protect their vital printing data by developing enhanced authentication systems to access the printing documents. The global MPS market was valued at US$ 26.18 Bn in 2015 and is forecast to expand at a CAGR of 14.8% from 2016 to 2024, reaching a value of US$ 94.97 Bn by 2024.

Organizations have turned to MPS for the efficient management of their printing activities and optimization of their printing budget. The major companies operating in MPS market include Xerox Corporation, ARC Document Solutions, Inc., Ricoh Company Ltd., Lexmark Corporation, Canon, Inc., Konica Minolta, Inc., KYOCERA Corporation, Toshiba Corporation, HP Development, L.P., and Print Audit.

The global MPS market has been segmented on the basis of channel, enterprise size, deployment, end-use, and geography. On the basis of channel, the market is segmented into printer/copier manufacturers and channel partner/core MPS providers. The deployment types of MPS include on-premise, hybrid, and cloud-based. Cloud-based deployment has gained high popularity in the recent years, owing to benefits such as providing virtual storage place and eliminating the requirement of a dedicated IT team. The trend of preference for cloud-based deployment is expected to drive the MPS market during the forecast period, considering the cost-effective solutions being offered by cloud MPS vendors. Furthermore, depending on enterprise size the MPS market is categorized into SMEs and large enterprises. The large enterprises segment has been dominating the MPS market, considering complexity in managing their IT infrastructure. However, the SMEs segment of the MPS market is expected to grow faster than the large enterprises during the forecast period, owing to the rising awareness regarding the benefits of MPS.  

The end-use segments of the MPS market include banking, financial services, and insurance (BFSI); telecom and IT; government and public; health care; education; legal; construction; manufacturing, and others. The government and public end-use segment was the largest in 2015. Government and public sector work involves intensive paperwork and there have been significant investments in MPS in this sector with a view to reducing the cost of printing. Furthermore, the growth in demand for MPS from the sector is influenced by the need to reduce carbon emissions. MPS optimizes the use of large printer fleets and thus reduces the energy consumption. 

North America is likely to dominate the global MPS market during the forecast period from 2016 to 2024. The MPS market in the region is primarily influenced by widespread knowledge of MPS benefits among the large enterprises as well as SMEs. Furthermore, the presence of lead printer/copier manufacturers and core MPS providers in the region has encouraged the spread of MPS. Latin America and Asia Pacific are anticipated to experience favorable growth in the MPS market in the coming years, driven by economic growth and a rise in industrialization.

 

managed-print-services-market

 

Table of Contents

1. Preface
     1.1. Research Scope
     1.2. Market Segmentation
     1.3. Research Methodology

2. Executive Summary
     2.1. Global Managed Print Services Market Snapshot
     2.2. Global Managed Print Services Market Revenue, 2014 – 2024 (US$ Mn) and Year-on-Year Growth (%) 

3. Global Managed Print Services Market Analysis, 2014 – 2024 (US$ Mn) 
     3.1. Overview
     3.2. Key Trends Analysis
     3.3. Market Dynamics
           3.3.1. Drivers
           3.3.2. Restraints
           3.3.3. Opportunities
     3.4. Global Managed Print Services Market Analysis, By Channel, 2014 – 2024 (US$ Mn)
           3.4.1. Printer/Copier Manufacturers
           3.4.2. Channel Partner/Core MPS 
     3.5. Global Managed Print Services Market Analysis, By Deployment, 2014 – 2024 (US$ Mn)
           3.5.1. On-premise
           3.5.2. Hybrid
           3.5.3. Cloud-based
     3.6. Global Managed Print Services Market Analysis, By Enterprise Size, 2014 – 2024 (US$ Mn)
           3.6.1. Small and Medium Enterprises (SMEs)
           3.6.2. Large Enterprises
     3.7. Global Managed Print Services Market Analysis, By End-use, 2014 – 2024 (US$ Mn)
           3.7.1. BFSI
           3.7.2. Telecom and IT
           3.7.3. Government and Public
           3.7.4. Health Care
           3.7.5. Education
           3.7.6. Legal
           3.7.7. Construction
           3.7.8. Manufacturing
           3.7.9. Others (Retail, etc.)  
     3.8. Competitive Landscape
           3.8.1. Market Positioning of Key Players, 2015
           3.8.2. Competitive Strategies Adopted by Leading Players

4. North America Managed Print Services Market Analysis, 2014 – 2024 (US$ Mn) 
     4.1. Key Trends Analysis
     4.2. North America Managed Print Services Market Analysis, By Channel, 2014 – 2024 (US$ Mn)
           4.2.1. Printer/Copier Manufacturers
           4.2.2. Channel Partner/Core MPS Providers
     4.3. North America Managed Print Services Market Analysis, By Deployment, 2014 – 2024 (US$ Mn)
           4.3.1. On-premise
           4.3.2. Hybrid
           4.3.3. Cloud-based
     4.4. North America Managed Print Services Market Analysis, By Enterprise Size, 2014 – 2024 (US$ Mn)
           4.4.1. Small and Medium Enterprises (SMEs)
           4.4.2. Large Enterprises
     4.5. North America Managed Print Services Market Analysis, By End-use, 2014 – 2024 (US$ Mn)
           4.5.1. BFSI
           4.5.2. Telecom and IT
           4.5.3. Government and Public
           4.5.4. Health Care
           4.5.5. Education
           4.5.6. Legal
           4.5.7. Construction
           4.5.8. Manufacturing
           4.5.9. Others (Retail, etc.)  
     4.6. North America Managed Print Services Market Analysis, By Region, 2014 – 2024 (US$ Mn) 
           4.6.1. The U.S.
           4.6.2. Rest of North America

5. Europe Managed Print Services Market Analysis, 2014 – 2024 (US$ Mn) 
     5.1. Key Trends Analysis
     5.2. Europe Managed Print Services Market Analysis, By Channel, 2014 – 2024 (US$ Mn)
           5.2.1. Printer/Copier Manufacturers
           5.2.2. Channel Partner/Core MPS Providers
     5.3. Europe Managed Print Services Market Analysis, By Deployment, 2014 – 2024 (US$ Mn)
           5.3.1. On-premise
           5.3.2. Hybrid
           5.3.3. Cloud-based     
     5.4. Europe Managed Print Services Market Analysis, By Enterprise Size, 2014 – 2024 (US$ Mn)
           5.4.1. Small and Medium Enterprises (SMEs)
           5.4.2. Large Enterprises     
     5.5. Europe Managed Print Services Market Analysis, By End-use, 2014 – 2024 (US$ Mn)
           5.5.1. BFSI
           5.5.2. Telecom and IT
           5.5.3. Government and Public
           5.5.4. Health Care
           5.5.5. Education
           5.5.6. Legal
           5.5.7. Construction
           5.5.8. Manufacturing
           5.5.9. Others (Retail, etc.)  
     5.6. Europe Managed Print Services Market Analysis, By Region, 2014 – 2024 (US$ Mn) 
           5.6.1. EU7 (The U.K., Italy, Spain, France, Germany, Belgium, and the Netherlands)
           5.6.2. CIS
           5.6.3. Rest of Europe

6. Asia Pacific (APAC) Managed Print Services Market Analysis, 2014 – 2024 (US$ Mn) 
     6.1. Key Trends Analysis
     6.2. APAC Managed Print Services Market Analysis, By Channel, 2014 – 2024 (US$ Mn)
           6.2.1. Printer/Copier Manufacturers
           6.2.2. Channel Partner/Core MPS Providers
     6.3. APAC Managed Print Services Market Analysis, By Deployment, 2014 – 2024 (US$ Mn)
           6.3.1. On-premise
           6.3.2. Hybrid
           6.3.3. Cloud-based
     6.4. APAC Managed Print Services Market Analysis, By Enterprise Size, 2014 – 2024 (US$ Mn)
           6.4.1. Small and Medium Enterprises (SMEs)
           6.4.2. Large Enterprises
     6.5. APAC Managed Print Services Market Analysis, By End-use, 2014 – 2024 (US$ Mn)
           6.5.1. BFSI
           6.5.2. Telecom and IT
           6.5.3. Government and Public
           6.5.4. Health Care
           6.5.5. Education
           6.5.6. Legal
           6.5.7. Construction
           6.5.8. Manufacturing
           6.5.9. Others (Retail, etc.)   
     6.6. APAC Managed Print Services Market Analysis, By Region, 2014 – 2024 (US$ Mn) 
           6.6.1. Japan
           6.6.2. China
           6.6.3. South Asia 
           6.6.4. Australasia 
           6.6.5. Rest of APAC

7. Middle-East and Africa (MEA) Managed Print Services Market Analysis, 2014 – 2024 (US$ Mn) 
     7.1. Key Trends Analysis          
     7.2. MEA Managed Print Services Market Analysis, By Channel, 2014 – 2024 (US$ Mn)
           7.2.1. Printer/Copier Manufacturers
           7.2.2. Channel Partner/Core MPS Providers
     7.3. MEA Managed Print Services Market Analysis, By Deployment, 2014 – 2024 (US$ Mn)
           7.3.1. On-premise
           7.3.2. Hybrid
           7.3.3. Cloud-based
     7.4. MEA Managed Print Services Market Analysis, By Enterprise Size, 2014 – 2024 (US$ Mn)
           7.4.1. Small and Medium Enterprises (SMEs)
           7.4.2. Large Enterprises
     7.5. MEA Managed Print Services Market Analysis, By End-use, 2014 – 2024 (US$ Mn)
           7.5.1. BFSI
           7.5.2. Telecom and IT
           7.5.3. Government and Public
           7.5.4. Health Care
           7.5.5. Education
           7.5.6. Legal
           7.5.7. Construction
           7.5.8. Manufacturing
           7.5.9. Others (Retail, etc.)  
     7.6. MEA Managed Print Services Market Analysis, By Region, 2014 – 2024 (US$ Mn) 
           7.6.1. GCC Countries
           7.6.2. South Africa
           7.6.3. Rest of MEA

8. Latin America Managed Print Services Market Analysis, 2014 – 2024 (US$ Mn) 
     8.1. Key Trends Analysis
     8.2. Latin America Managed Print Services Market Analysis, By Channel, 2014 – 2024 (US$ Mn)
           8.2.1. Printer/Copier Manufacturers
           8.2.2. Channel Partner/Core MPS Providers
     8.3. Latin America Managed Print Services Market Analysis, By Deployment, 2014 – 2024 (US$ Mn)
           8.3.1. On-premise
           8.3.2. Hybrid
           8.3.3. Cloud-based
     8.4. Latin America Managed Print Services Market Analysis, By Enterprise Size, 2014 – 2024 (US$ Mn)
           8.4.1. Small and Medium Enterprises (SMEs)
           8.4.2. Large Enterprises
     8.5. Latin America Managed Print Services Market Analysis, By End-use, 2014 – 2024 (US$ Mn)
           8.5.1. BFSI
           8.5.2. Telecom and IT
           8.5.3. Government and Public
           8.5.4. Health Care
           8.5.5. Education
           8.5.6. Legal
           8.5.7. Construction
           8.5.8. Manufacturing
           8.5.9. Others (Retail, etc.)  
     8.6. Latin America Managed Print Services Market Analysis, By Region, 2014 – 2024 (US$ Mn) 
           8.6.1. Brazil
           8.6.2. Rest of Latin America

9. Company Profiles
     9.1. Xerox Corporation
           9.1.1. Company Details (HQ, Foundation Year, Employee Strength)
           9.1.2. Market Presence, By Segment and Geography
           9.1.3. Key Developments
           9.1.4. Strategy and Historical Roadmap
           9.1.5. Revenue and Operating Profits

*Similar details would be provided for all the players mentioned below

     9.2. ARC Document Solutions, Inc.
     9.3. Ricoh Company Ltd.
     9.4. Lexmark Corporation
     9.5. Canon, Inc.
     9.6. Konica Minolta, Inc.
     9.7. KYOCERA Corporation
     9.8. Toshiba Corporation
     9.9. HP Development Company, L.P.
     9.10. Print Audit

The managed print services (MPS) market report provides analysis for the period 2014 – 2024, wherein the period from 2016 to 2024 is the forecast and 2015 is the base year. The report covers all the major trends and technologies playing a key role in the MPS market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said period in terms of revenue (in US$ Bn), across the geographies of North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

The market overview section of the report outlines the drivers, restraints, and opportunities that influence the current nature and future status of this market. An impact analysis of key trends has also been provided for every geographic region in the report, in order to give a thorough analysis of the overall scenario of the MPS market, globally. Moreover, the report provides an overview of the various strategies of key players in the market.

The report segments the global MPS market on the basis of channel into printer/copier manufacturers and channel partner/core MPS providers. Furthermore, depending on the adoption of MPS by enterprise size the market is divided into SMEs and large enterprises. Moreover, on the basis of deployment, the market is categorized into on-premise, hybrid, and cloud-based segments. Depending on end-use, the MPS market is divided into the banking, financial services, and insurance (BFSI); telecom and IT; government and public; health care; education; legal; construction; manufacturing; and others segments. Thus, the report provides in-depth cross-segment analysis of the MPS market and classifies it at various levels, providing valuable insights at the macro and micro levels.

The report also highlights the competitive landscape of the MPS market, thereby positioning all the major players according to their geographic presence and key recent developments. The comprehensive MPS market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the MPS market’s growth.

Xerox Corporation, ARC Document Solutions, Inc., Ricoh Company Ltd., Lexmark Corporation, Canon, Inc., Konica Minolta, Inc., KYOCERA Corporation, Toshiba Corporation, HP Development, L.P., and Print Audit are some of the major players operating in the global MPS market and have been profiled in this study. Details such as financials, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

Managed Print Services Market

By Channel

  • Printer/Copier Manufacturers
  • Channel Partner/Core MPS Providers

By Enterprise Size

  • SMEs
  • Large Enterprises

By Deployment

  • On-premise
  • Hybrid
  • Cloud-based

By End-use

  • BFSI
  • Telecom and IT
  • Government and Public
  • Health Care
  • Education
  • Legal
  • Construction
  • Manufacturing
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America


 
 
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