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Worldwide and U.S. Managed Print and Document Services and Basic Print Services Forecast, 2024–2028

Publisher IDC
Published Jul 11, 2024
Length 18 Pages
SKU # IDC18983867

Description

Worldwide and U.S. Managed Print and Document Services and Basic Print Services Forecast, 2024–2028


This IDC study provides our 2024–2028 forecast for the managed print and document services and basic print services market. Considering the tumultuous conditions of the past few years, the market for print and document services appears to have stabilized. Total worldwide MPDS/BPS market revenue declined 1.8% in 2023. Declining revenue in BPS (-4.4%) was buoyed somewhat by modest revenue growth of 1.3% in MPDS. This is a trend that will continue throughout the forecast period, with revenue growth in MPDS largely offset by a corresponding decline in BPS revenue across all company size segments."The MPDS market represents growth opportunities for vendors and service providers as customers continue to look for ways to support the hybrid workforce," says Robert Palmer, research vice president for IDC's Imaging, Printing, and Document Solutions group. "By focusing on cloud-based solutions to address print modernization, vendors can drive innovation to help customers achieve a more dependable, secure, and future-ready print environment."

Please Note: Extended description available upon request.

Table of Contents

18 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Modernization
GenAI
Inhibitors
Economy
Business Confidence
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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