Global Managed Print Services Market 2024-2028

The managed print services market is forecasted to grow by USD 7.67 bn during 2023-2028, accelerating at a CAGR of 4.9% during the forecast period. The report on the managed print services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the need for a reduction of hardware and consumables costs, increased adoption of managed print services by SMEs, and rising demand of managed print services from BFSI sector.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.7%
CAGR	4.9%
Incremental Value	$7.67bn

Technavio's managed print services market is segmented as below:

By Deployment

Cloud-based
On-premises
Hybrid

By Platform

Large enterprises
SMEs

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the strategic partnerships and acquisitions among market participants as one of the prime reasons driving the managed print services market growth during the next few years. Also, integration of AI into the print industry and the increase in demand due to growth in managed IoT services will lead to sizable demand in the market.

The report on the managed print services market covers the following areas:

Managed print services market sizing
Managed print services market forecast
Managed print services market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading managed print services market vendors that include ARC Document Solutions Inc., Brother Industries Ltd., Canon Inc., Exela Technologies Inc., Flex Technology Group, Hon Hai Precision Industry Co. Ltd., HP Inc., Icon Infotech Private Ltd., Konica Minolta Inc., KYOCERA Corp., Lexmark International Inc., Novatech, Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Seiko Epson Corp., Toshiba Corp., USAM Technology Solutions Pvt. Ltd., VitrX, Xerox Holdings Corp., and Zebra Technologies Corp.. Also, the managed print services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR41643

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Market Segmentation by Platform
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global managed print services market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global managed print services market 2018 - 2022 ($ billion)
4.2 Deployment Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Deployment Segment 2018 - 2022 ($ billion)
4.3 Platform Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Platform Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Deployment

6.1 Market segments
Exhibit 30: Chart on Deployment - Market share 2023-2028 (%)
Exhibit 31: Data Table on Deployment - Market share 2023-2028 (%)
6.2 Comparison by Deployment
Exhibit 32: Chart on Comparison by Deployment
Exhibit 33: Data Table on Comparison by Deployment
6.3 Cloud-based - Market size and forecast 2023-2028
Exhibit 34: Chart on Cloud-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Cloud-based - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Cloud-based - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Cloud-based - Year-over-year growth 2023-2028 (%)
6.4 On-premises - Market size and forecast 2023-2028
Exhibit 38: Chart on On-premises - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on On-premises - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on On-premises - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on On-premises - Year-over-year growth 2023-2028 (%)
6.5 Hybrid - Market size and forecast 2023-2028
Exhibit 42: Chart on Hybrid - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Hybrid - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Hybrid - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Hybrid - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Deployment
Exhibit 46: Market opportunity by Deployment ($ billion)
Exhibit 47: Data Table on Market opportunity by Deployment ($ billion)

7 Market Segmentation by Platform

7.1 Market segments
Exhibit 48: Chart on Platform - Market share 2023-2028 (%)
Exhibit 49: Data Table on Platform - Market share 2023-2028 (%)
7.2 Comparison by Platform
Exhibit 50: Chart on Comparison by Platform
Exhibit 51: Data Table on Comparison by Platform
7.3 Large enterprises - Market size and forecast 2023-2028
Exhibit 52: Chart on Large enterprises - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Large enterprises - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
7.4 SMEs - Market size and forecast 2023-2028
Exhibit 56: Chart on SMEs - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on SMEs - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on SMEs - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on SMEs - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Platform
Exhibit 60: Market opportunity by Platform ($ billion)
Exhibit 61: Data Table on Market opportunity by Platform ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 France - Market size and forecast 2023-2028
Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 ARC Document Solutions Inc.
Exhibit 115: ARC Document Solutions Inc. - Overview
Exhibit 116: ARC Document Solutions Inc. - Business segments
Exhibit 117: ARC Document Solutions Inc. - Key offerings
Exhibit 118: ARC Document Solutions Inc. - Segment focus
12.4 Brother Industries Ltd.
Exhibit 119: Brother Industries Ltd. - Overview
Exhibit 120: Brother Industries Ltd. - Business segments
Exhibit 121: Brother Industries Ltd. - Key news
Exhibit 122: Brother Industries Ltd. - Key offerings
Exhibit 123: Brother Industries Ltd. - Segment focus
12.5 Canon Inc.
Exhibit 124: Canon Inc. - Overview
Exhibit 125: Canon Inc. - Business segments
Exhibit 126: Canon Inc. - Key news
Exhibit 127: Canon Inc. - Key offerings
Exhibit 128: Canon Inc. - Segment focus
12.6 Exela Technologies Inc.
Exhibit 129: Exela Technologies Inc. - Overview
Exhibit 130: Exela Technologies Inc. - Business segments
Exhibit 131: Exela Technologies Inc. - Key offerings
Exhibit 132: Exela Technologies Inc. - Segment focus
12.7 Flex Technology Group
Exhibit 133: Flex Technology Group - Overview
Exhibit 134: Flex Technology Group - Product / Service
Exhibit 135: Flex Technology Group - Key offerings
12.8 Hon Hai Precision Industry Co. Ltd.
Exhibit 136: Hon Hai Precision Industry Co. Ltd. - Overview
Exhibit 137: Hon Hai Precision Industry Co. Ltd. - Product / Service
Exhibit 138: Hon Hai Precision Industry Co. Ltd. - Key offerings
12.9 HP Inc.
Exhibit 139: HP Inc. - Overview
Exhibit 140: HP Inc. - Business segments
Exhibit 141: HP Inc. - Key news
Exhibit 142: HP Inc. - Key offerings
Exhibit 143: HP Inc. - Segment focus
12.10 Konica Minolta Inc.
Exhibit 144: Konica Minolta Inc. - Overview
Exhibit 145: Konica Minolta Inc. - Business segments
Exhibit 146: Konica Minolta Inc. - Key news
Exhibit 147: Konica Minolta Inc. - Key offerings
Exhibit 148: Konica Minolta Inc. - Segment focus
12.11 KYOCERA Corp.
Exhibit 149: KYOCERA Corp. - Overview
Exhibit 150: KYOCERA Corp. - Business segments
Exhibit 151: KYOCERA Corp. - Key news
Exhibit 152: KYOCERA Corp. - Key offerings
Exhibit 153: KYOCERA Corp. - Segment focus
12.12 Lexmark International Inc.
Exhibit 154: Lexmark International Inc. - Overview
Exhibit 155: Lexmark International Inc. - Product / Service
Exhibit 156: Lexmark International Inc. - Key offerings
12.13 Novatech
Exhibit 157: Novatech - Overview
Exhibit 158: Novatech - Product / Service
Exhibit 159: Novatech - Key offerings
12.14 Ricoh Co. Ltd.
Exhibit 160: Ricoh Co. Ltd. - Overview
Exhibit 161: Ricoh Co. Ltd. - Business segments
Exhibit 162: Ricoh Co. Ltd. - Key news
Exhibit 163: Ricoh Co. Ltd. - Key offerings
Exhibit 164: Ricoh Co. Ltd. - Segment focus
12.15 Seiko Epson Corp.
Exhibit 165: Seiko Epson Corp. - Overview
Exhibit 166: Seiko Epson Corp. - Business segments
Exhibit 167: Seiko Epson Corp. - Key news
Exhibit 168: Seiko Epson Corp. - Key offerings
Exhibit 169: Seiko Epson Corp. - Segment focus
12.16 Toshiba Corp.
Exhibit 170: Toshiba Corp. - Overview
Exhibit 171: Toshiba Corp. - Business segments
Exhibit 172: Toshiba Corp. - Key news
Exhibit 173: Toshiba Corp. - Key offerings
Exhibit 174: Toshiba Corp. - Segment focus
12.17 Xerox Holdings Corp.
Exhibit 175: Xerox Holdings Corp. - Overview
Exhibit 176: Xerox Holdings Corp. - Business segments
Exhibit 177: Xerox Holdings Corp. - Key offerings
Exhibit 178: Xerox Holdings Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations