Top Insights on Managed Print Services Market Performance For The Next Five Years

Managed Print Services Market

Managed print services (MPS) refer to the management of organizations’ print output by external service providers. MPS providers manage all aspects of organizations’ printing devices, including copiers, faxes, printers, and scanners. With the help of MPS, organizations can streamline their operations with efficient documentation processes and reduce the overall print cost. As per the latest market research report published by Technavio, the global managed print services market size will grow by USD 6.77 billion during 2019-2023. Get the free sample report below for the detailed information.

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Printer vendors are offering AI-enabled products and solutions to automate print operations and predictive maintenance. By integrating printing devices such as print machines, fax machines, and others with AI, an organization can automate its business, as AI replicates the actions of humans and can manage multiple production units through connected printers. This will significantly reduce human involvement and help to carry out print operations efficiently. 

The integration of AI is opening ample opportunity for MPS vendors. The data generated from connected devices can be used by MPS to get real-time insights that help organizations to make smart decisions. For instance, in June 2019, WBM Technologies Inc. opened a new infrastructure operations center in Western Canada to offer data-driven managed services that are enabled with predictive management and AI to their clients.

Hence, the integration of AI into the print industry will boost the growth of the global managed print services market at a CAGR of 4.83% during the forecast period. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.

Get the Complete Report @ http://bit.ly/315ABIP

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