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The managed print services market size is forecast to increase by USD 7.67 billion, at a CAGR of 4.9% between 2023 and 2028. The market has experienced significant expansion, fueled by several significant factors. One primary reason is the increasing pressure on businesses to decrease hardware and consumables expenses. In response, many organizations have turned to more efficient and cost-effective print solutions. Another factor driving growth is the increasing adoption of managed print services (MPS) and commercial printing by small and medium-sized enterprises (SMEs). These businesses recognize the advantages of outsourcing print management to minimize operational burdens and enhance productivity. Furthermore, BFSI security is witnessing a surge in demand for managed print services due to their requirement for secure, compliant, and cost-efficient printing solutions. MPS offers a cost-effective and efficient approach to managing print infrastructure, allowing businesses to focus on their core competencies while ensuring secure and compliant printing practices. The benefits of MPS are particularly attractive to SMEs, which often lack the resources to manage their print environments effectively in-house. Overall, the market for managed print services is poised for continued growth as more businesses recognize the value of outsourcing print management to improve efficiency, reduce costs, and enhance security.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by Platform
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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