Managed Print Services Market Predicted To Reach USD 49.7 Billion By 2025
Posted by Neha Bora on February 5th, 2020
San Francisco, 5 February 2020: The Report Managed Print Services (MPS) Market Size, Growth & Trend Analysis Report, By Channel, By Deployment, By Organization, By Application (BFSI, Education, Government, Healthcare), And Segment Forecasts, 2018 – 2025
The global managed print services market is expected to reach USD 49.7 billion by 2025, according to a new report by Grand View Research, Inc. Managed print services provide accurate monitoring of print resources through clearly defined mechanism and analysis. MPS providers emphasize modernization and continuous improvement in their offerings but few communicate the business value of MPS. Enhancing the use of analytics and cloud computing will boost the market over the forecast period.
Cloud-based deployment mode is expected to hold the largest share of managed print services market over the forecast period. High cost effectiveness with the deployment of managed print services are changing the aspects of conventional IT model. Cloud-based deployment holds the maximum market share as it offers businesses to remotely access their documents and data on the cloud while hybrid deployment mode is expected to be the fastest growing mode of deployment over the next few years.
Large enterprises segment is anticipated to dominate the managed print services market over the forecast period. They are mainly prone to malware, threats, spams and others security concerns. To avoid these, they are focused on managing their operations and processes. Thus, dominating the managed print services market in the forecast period.
Access Research Report of Managed Print Services Market @ https://www.grandviewresearch.com/industry-analysis/managed-print-services-mps-market
Further key findings from the report suggest:
Grand View Research has segmented the managed print services market report on the basis channel, deployment, organization, application and region:
Managed Print Services Channel Outlook (Revenue, USD Million, 2014 - 2025)
Managed Print Services Deployment Outlook (Revenue, USD Million, 2014 - 2025)
Managed Print Services Organization Outlook (Revenue, USD Million, 2014 - 2025)
Managed Print Services Application Outlook (Revenue, USD Million, 2014 - 2025)
Managed Print Services Regional Outlook (Revenue, USD Million, 2014 - 2025)
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About the AuthorNeha Bora
Joined: September 16th, 2019
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