Global MPS Market Sees Rapid Growth, Emerging Hot Spots
The global managed print services (MPS) market saw strong year-on-year growth from 2009 to 2010, according to Photizo Group’s 2011 MPS Market Size, Share and Forecast Study. Reaching $31.2B in revenue at the end of 2010, the MPS market continues to benefit from a transition away from transactional sales to managed services within the imaging industry. Photizo’s rigorous ground-up market sizing methodology was expanded to also include an analysis of the emerging global markets using Photizo’s MPS Heat Maps, in which MPS markets are ranked by stages of development and markets are coded with heat colors.
Consistent with the 2010 report, Photizo predicted the strong market growth from $25B to $31B from 2009-2010, adjusting the market down 1 percent to account for global disruptions, like the earthquake and tsunami in Japan as well as continued economic challenges and political turmoil in some regions. The MPS growth premise that the poor economic outlook has driven businesses to control costs by increasing workflow and efficiency has held true.
Of the four major geographies covered in the study, the Asia Pacific (AP) market saw the biggest growth since 2009. This growth is driven by global account implementation and the outsourcing trend to the region, as well as a developing infrastructure and MPS ecosystem. Photizo’s Heat Map classifies the AP region as a high potential market with rapid growth. Meanwhile, Europe continued its transition into a mature market on track to overtake the North America market by 2014. And North America saw steady growth in part due to a focus from major OEMs on enterprise level accounts.
Global MPS Market Size Heat Map–Photizo MPS Market Size, Share and Forecast Study
Want to know more about how the market has grown over the past year, and which regions are attracting the most growth? The 2011 MPS Market Size, Share and Forecast Study tracks numerous OEM providers with MPS offerings and uses Photizo’s encompassing market sizing methodology to provide a 360-degree view of the industry. Comprehensive pivot tables and heat maps provide both a global and granular view of MPS markets.
November 17 & 18 Photizo Group will host a webinar reviewing findings from the 2011 Market Size, Share and Forecast Study.
Learn answers to questions:
- What is the total MPS market revenue in 2015?
- When will Europe overtake North America as the largest region for MPS?
- Which regions and which country will have the highest CAGR for the next 5 years?
- Where are the largest markets?
- Which manufacturer tops the US market?
Thursday, November 17th: 9:00pm EST Register Here
Friday, November 18th: 11:00am EST Register Here
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