Global Multi-Functional Printers Market 2017-2021
About Multi-Functional Printers
An MFP is an integrated device that can perform multiple functions like printing, scanning, and photocopying. Some MFPs also have fax functionality. However, the fax functionality is not considered as a norm for MFPs, as it is no longer popular in the document solutions market. MFPs are used in homes and offices (small offices to large enterprises) due to their vast applications in the field of document solutions. These MFPs are available in different sizes typically based on the print or photocopying requirement. For businesses, MFPs help to reduce capital costs and provide flexibility, as they eliminate the need for multiple devices and peripherals such as copiers, printers, and scanners in business environments.
Technavio’s analysts forecast the global multi-functional printers market to grow at a CAGR of 3.35% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global multi-functional printers market for 2017-2021. To calculate the market size, the report considers the MFPs used by the individual consumer, commercial and enterprise segments.
The market is divided into the following segments based on geography:
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