How Big Is the Managed Print Services Market | Outlook 2025

How Big Is the Managed Print Services Market?

The market is steadily growing as companies are looking to improve their print operations, reduce cost, and improve document security. Managed print services help organizations track and monitor usage, auto-reorder supplies, and improve print workflow.

Growth Factors of the Managed Print Services Market

• Rising demand for cost-efficient and secure printing
• Shift to hybrid work has created an increased need for remote print management
• Focus on sustainability and minimizing paper use
• Integration with cloud and mobile device printing systems
• Security compliance with document handling in regulated industries
• Need for print infrastructure optimization in enterprise size companies

Managed Print Services Market Trends

There is a shift in the managed print services industry away from premise-based print infrastructure to cloud-based print infrastructure, subscription-based agreements, and embedded analytics capabilities. Companies are transitioning to pay-per-use print models and centralized dashboards to have enhanced control and visibility over distributed print environments.

Emerging Developments in the Managed Print Services Market

In the Managed Print Services Market, providers are incorporating AI-enabled maintenance, predictive supply delivery, and secure pull print capabilities. A few are implementing document workflow automation and are aligned with cybersecurity companies to offer end-to-end secure document ecosystem.

List of Leading Companies in the Managed Print Services Market

Below is a comprehensive list of the leading market players driving growth in this sector –

1. HP Inc.

HP is a global leader in managed print services, offering scalable solutions that enhance document security and reduce print-related costs for enterprises.

2. Xerox Corporation

Xerox is a key player in the managed print services space, known for its end-to-end solutions that improve productivity, sustainability, and business agility.

3. Canon Inc.

Canon provides robust managed print services tailored to various industries, combining advanced printing technology with document management expertise.

4. Ricoh Company, Ltd.

Ricoh delivers intelligent MPS offerings focused on digital transformation, security, and sustainable business practices across global enterprises.

5. Konica Minolta, Inc.

Konica Minolta offers innovative managed print solutions designed to optimize document output and drive digital workflows for modern businesses.

6. Lexmark International, Inc.

Lexmark specializes in secure and reliable managed print services that empower organizations to improve efficiency and reduce environmental impact.

7. Brother Industries, Ltd.

Brother provides customizable MPS solutions with a focus on reliability, affordability, and seamless integration into existing IT environments.

8. Kyocera Document Solutions Inc.

Kyocera offers eco-friendly managed print services that emphasize cost control, document security, and operational efficiency.

9. Sharp Corporation

Sharp delivers comprehensive MPS solutions combining multifunction devices with smart software tools to enhance print and document workflows.

10. Toshiba Tec Corporation

Toshiba Tec offers secure and scalable managed print services designed to support digital transformation and reduce total printing costs.

How Big Is the Managed Print Services Market : FAQ's