Product Code: ETC211956 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India managed print services market is a significant segment of the country`s information technology and printing industry. Managed print services (MPS) involve outsourcing the management and optimization of print devices, including printers, copiers, and scanners, to a third-party service provider. MPS providers offer comprehensive solutions to monitor, maintain, and streamline print operations, helping businesses improve efficiency, reduce costs, and enhance document security. With the increasing need for businesses to optimize their print infrastructure and focus on core competencies, the demand for managed print services in India has been on the rise.
The growth of the India managed print services market is driven by several factors. Firstly, the increasing adoption of digital transformation and cloud-based services in businesses has created a demand for integrated and efficient print management solutions. MPS providers offer services that align with digital workflows and support remote and mobile printing needs. Secondly, the need for cost optimization and operational efficiency in businesses has led to the outsourcing of print management to specialized service providers. MPS can help businesses reduce print-related costs, improve document workflows, and minimize environmental impact. Additionally, the growing awareness about data security and compliance has made businesses seek managed print services to enhance document security and prevent data breaches.
Despite its promising growth, the India managed print services market faces certain challenges. One significant challenge is the perception of print as a traditional and low-priority aspect of business operations. Convincing businesses to invest in managed print services and recognizing the value of optimized print management can be challenging. Moreover, the wide variety of print devices and document management systems in businesses can complicate the integration and standardization of MPS solutions. Ensuring seamless integration and compatibility with existing print infrastructure is essential for successful implementation.
The Covid-19 pandemic had a notable impact on the India managed print services market. With remote work becoming the norm during the pandemic, businesses faced challenges in managing print infrastructure and ensuring secure printing for employees working from home. Managed print services played a crucial role in assisting businesses in adapting to the remote work environment by offering remote monitoring, maintenance, and support for print devices. Additionally, the pandemic accelerated the digital transformation initiatives of businesses, driving the demand for cloud-based print management solutions and services.
The India managed print services market is served by several key players in the information technology and printing industry. Companies such as Xerox India Limited, HP India Sales Private Limited, Canon India Pvt. Ltd., and Ricoh India Limited are among the prominent players offering managed print services. These companies provide a wide range of MPS solutions, including device management, document workflow optimization, and document security services. Their focus on customer support, customized solutions, and the integration of digital technologies has helped them maintain a significant presence in the managed print services market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Managed Print Services Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Managed Print Services Market Revenues & Volume, 2020 & 2030F |
3.3 India Managed Print Services Market - Industry Life Cycle |
3.4 India Managed Print Services Market - Porter's Five Forces |
3.5 India Managed Print Services Market Revenues & Volume Share, By By Type, 2020 & 2030F |
3.6 India Managed Print Services Market Revenues & Volume Share, By By Deployment Mode, 2020 & 2030F |
3.7 India Managed Print Services Market Revenues & Volume Share, By By Organization Size, 2020 & 2030F |
3.8 India Managed Print Services Market Revenues & Volume Share, By By Industry Vertical, 2020 & 2030F |
4 India Managed Print Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Managed Print Services Market Trends |
6 India Managed Print Services Market, By Types |
6.1 India Managed Print Services Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 India Managed Print Services Market Revenues & Volume, By By Type, 2020-2030F |
6.1.3 India Managed Print Services Market Revenues & Volume, By Print Management, 2020-2030F |
6.1.4 India Managed Print Services Market Revenues & Volume, By Device Management, 2020-2030F |
6.1.5 India Managed Print Services Market Revenues & Volume, By Discovery and Design, 2020-2030F |
6.1.6 India Managed Print Services Market Revenues & Volume, By Document Imaging, 2020-2030F |
6.2 India Managed Print Services Market, By By Deployment Mode |
6.2.1 Overview and Analysis |
6.2.2 India Managed Print Services Market Revenues & Volume, By Hybrid Cloud, 2020-2030F |
6.2.3 India Managed Print Services Market Revenues & Volume, By On-Premise, 2020-2030F |
6.3 India Managed Print Services Market, By By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 India Managed Print Services Market Revenues & Volume, By Large Enterprises, 2020-2030F |
6.3.3 India Managed Print Services Market Revenues & Volume, By Medium Enterprises, 2020-2030F |
6.3.4 India Managed Print Services Market Revenues & Volume, By Small Enterprises, 2020-2030F |
6.4 India Managed Print Services Market, By By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 India Managed Print Services Market Revenues & Volume, By BFSI, 2020-2030F |
6.4.3 India Managed Print Services Market Revenues & Volume, By Government, 2020-2030F |
6.4.4 India Managed Print Services Market Revenues & Volume, By Healthcare, 2020-2030F |
6.4.5 India Managed Print Services Market Revenues & Volume, By Education, 2020-2030F |
6.4.6 India Managed Print Services Market Revenues & Volume, By Industrial Manufacturing, 2020-2030F |
6.4.7 India Managed Print Services Market Revenues & Volume, By Retail, 2020-2030F |
6.4.8 India Managed Print Services Market Revenues & Volume, By Others, 2020-2030F |
6.4.9 India Managed Print Services Market Revenues & Volume, By Others, 2020-2030F |
7 India Managed Print Services Market Import-Export Trade Statistics |
7.1 India Managed Print Services Market Export to Major Countries |
7.2 India Managed Print Services Market Imports from Major Countries |
8 India Managed Print Services Market Key Performance Indicators |
9 India Managed Print Services Market - Opportunity Assessment |
9.1 India Managed Print Services Market Opportunity Assessment, By By Type, 2020 & 2030F |
9.2 India Managed Print Services Market Opportunity Assessment, By By Deployment Mode, 2020 & 2030F |
9.3 India Managed Print Services Market Opportunity Assessment, By By Organization Size, 2020 & 2030F |
9.4 India Managed Print Services Market Opportunity Assessment, By By Industry Vertical, 2020 & 2030F |
10 India Managed Print Services Market - Competitive Landscape |
10.1 India Managed Print Services Market Revenue Share, By Companies, 2023 |
10.2 India Managed Print Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |