Global Managed Print Services Market 2020-2024: Market Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio
The managed print services market is expected to grow by USD 7.08 billion, progressing at a CAGR of 2% during the forecast period.
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Technavio has announced its latest market research report titled Global Managed Print Services Market 2020-2024 (Graphic: Business Wire)
The increasing adoption of MPS by SMEs is one of the major factors propelling market growth. However, factors such as the integration of AI into the print industry will hamper the market growth.
Managed Print Services Market: Deployment Landscape
Based on the product landscape, the process sensors segment is expected to post significant growth during the forecast period.
Managed Print Services Market: Geographic Landscape
By geography, North America is going to have a lucrative growth during the forecast period. About 39% of the market's overall growth is expected to originate from North America. The US is the key market for managed print services in North America. The MPS market growth in this region will be slower than the growth of the market in Europe and APAC.
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by Deployment
Drivers, Challenges, and Trends
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