The Impact of Digital Transformation on the Managed Print Services Industry

1. Global Managed Print Services Market Trends, Analysis, And Forecast To 2025 Managed print services (MPS) is a trusted mode that helps businesses to obtain the skills as well as expertise required to manage the cost, complexity as well as risk of an unmanaged print infrastructure. Large number of MPS providers is moving MPS in the wider territory of workfow or process automation or content management. However, it is the small group of organizations that have adopted these comprehensive services within their MPS engagements. But, these organizations are very positive about their MPS engagements outcome. Majority of clients are content with their MPS relationships, however, large number of them continue to express their desire for proactive and innovative business partnership. As the market approaches maturity, the chance to drive greater business value via MPS, signifcantly in the context of digital transformation, is growing. This customer-centric as well as strategic approach to MPS needs innovation, insight along with industry expertise – sectors wherein MPS providers showcase mixed performance levels. Get PDF Sample with Technological Trends at https://www.xpodenceresearch.com/Request-Sample/105704 The global managed print services market can be classifed based on channel, enterprise size, deployment model, end-user and region. On the basis of channel, the global market is classifed into channel partner/ core MPS providers and printer/copier manufacturers. Depending upon enterprise size, it is segmented small enterprise, medium enterprise, and large enterprise. As per deployment model, the global managed print services market is divided into hybrid, on-premise, and cloud-based. Based on end-user, the global market is divided into BFSI, manufacturing, telecom & IT, construction, education, healthcare, legal, construction, public & government, and others. The global managed print services market is expected to face some hurdles in the forecast period. Factors such as doubt about the efciency as well as efectiveness of managed print services and long-term recurring expenditure, requirement of higher bandwidth for the management of their data processes and avoid latency issues are expected to curtail the growth of this marketIts rate of adoption is being jeopardized by the possibility of lack of efciency in the cloud model of managed print services. Also, the operating expenses incurred in the managed print services outweigh the one-time investment cost of in-house IT infrastructure, thereby acting as a weakness to MPS adoption. Obtain Report Details with technological advancement at https://www.xpodenceresearch.com/Reports/Managed-Print-Services-Market Based on regions, the global managed print services market is divided into North America, Europe, Asia-Pacifc (APAC), Middle East & Africa (MEA), and Latin America. The North American

2. region is anticipated to command the maximum market share and would lead the managed print services market during the forecast period. The presence of numerous startups in the North American market and favorable compliance rate as well as rigid government regulations for the business environment have led to high growth rate and high demand for managed print services. Owing to the presence of promising government regulations, European companies are investing in the North American market, thereby propelling the growth of managed print services market in the region. The major companies that provide managed print services include Xerox Corporation, HP Development Company, L.P. ,Ricoh Company, Ltd. and Lexmark International, Inc. About Us: Xpodence Research is a U.S. based Market Research Company and ofers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe. We ofer the comprehensive market research solution for all the industries by performing the in- depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specifc requirements. The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various signifcant decisions based on productivity and output globally. Our services are tailored specifcally to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production. Contact Us: Xpodence Research 244, Madison Avenue New York City, NY - 10016 United States Toll Free +1- 844-445-2861 Email: sales@xpodenceresearch.com