24-Jan Managed Print Services Future Forecast 2018 – 2026 Managed Print Services Future Forecast 2018 – 2026 | Page 2

Scope of the Report The Global Managed Print Services Market is segmented on the basis of deployment, channel, enterprise size, and industry vertical. On the basis of deployment, the market is segmented into cloud, on-premise and hybrid. Cloud-based market has contributed the highest revenue in 2017 while Hybrid is expected to grow at the fastest CAGR of 8.5% during the forecasted period. On the enterprise basis, there are SMEs and large enterprises. Based on channels there are Printer/Copier Manufacturers and Channel Partner/Core MPS Providers. On the industry vertical basis the market is segmented into BFSI, Telecom and IT, Government and public, healthcare, education, legal, construction, manufacturing and others. The legal industry is expected to grow the highest in terms of both revenue and CAGR in during the forecasted period. Competitive Dynamics Major industry players in managed print services market are adopting different expansion & innovation strategies to remain sustain themselves in the fast growing competitive market. For instance, in 2015 Canon U.S.A., Inc., collaborated with the Ontario, Canada-based Company PrintFleet LINK. This collaboration had enhanced in image CLASS Printonomics, an MPS program. Furthermore, in 2015, Fuji Xerox Co. Ltd. launched next generation managed print services in the Asia-Pacific region which support document-related work processes with enhanced security in mobile and cloud environment. The key players in the market are Fujitsu Ltd, Xerox Corporation, HP Development Company, L.P., Canon, Inc, Konica Minolta, Inc., Kyocera Corporation, Ricoh Company Ltd, Toshiba Corporation, Epson, Sharp Corporation and others. Market Segmentation: Global Managed Print Services Market By Deployment  Cloud  On-Premise  Hybrid By Enterprise size  SMEs  Large Enterprises