COVID-19 Impacts: Managed Print Services Market will Accelerate at a CAGR of almost 5% through 2020-2024|The Increasing Adoption Of MPS By SMEs to Boost Growth|Technavio
Technavio has been monitoring the managed print services market and it is poised to grow by USD 7.08 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Managed Print Services Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ARC Document Solutions Inc., Canon Inc., Exela Technologies Inc., Hewlett Packard Enterprise Co., KYOCERA Corp., Lexmark International Inc., Ricoh Co. Ltd., Sharp (News - Alert) Corp., Toshiba Corp., and Xerox Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The increasing adoption of MPS by SMEs has been instrumental in driving the growth of the market.
Managed Print Services Market 2020-2024 : Segmentation
Managed Print Services Market is segmented as below:
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Managed Print Services Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our managed print services market report covers the following areas:
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.
Managed Print Services Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the managed print services market, including some of the vendors such as ARC Document Solutions Inc., Canon Inc., Exela Technologies Inc., Hewlett Packard Enterprise Co., KYOCERA Corp., Lexmark International Inc., Ricoh Co. Ltd., Sharp Corp., Toshiba (News - Alert) Corp., and Xerox Corp. Backed with competitive intelligence and benchmarking, our research reports on the Managed Print Services Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Managed Print Services Market 2020-2024: Key Highlights
Table Of Contents :
Five Forces Analysis
Market Segmentation by Deployment
Drivers, Challenges, and Trends
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