Managed Print Services Sector: Growth Drivers and Challenges
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 |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
9.1% |
|
Base Year Market Size (2024) |
USD 52.94 billion |
|
Forecast Year Market Size (2037) |
USD 164.25 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of managed print services is evaluated at USD 57.03 billion.
Managed Print Services Market size was valued at USD 52.94 billion in 2024 and is set to exceed USD 164.25 billion by 2037, expanding at over 9.1% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is predicted to hold largest revenue share by 2037, owing to increase in automation and evolved technological requirements of enterprises in the region.
The major players in the market are Xerox Corporation, HP Development Company, L.P., Ricoh Company, Ltd., and Konica Minolta, Inc., among others.
