Continued Growth Is In Store for Managed Print Services

Nearly 3 trillion pages of paper were printed worldwide from desktop and multi-function print services in 2013, but print volumes may have reached their peak due to the prevalence of email, the digitization of information and the expanding availability of content consumption devices, according to a new study released by CompTIA. Still, there are plenty of growth opportunities for managed print service (MPS) providers, according to the study, which is based on an online poll of 400 U.S. IT executives responsible for decisions affecting print or document management. "While there is no denying the maturing state of the market, it does not mean the print space is devoid of opportunity," according to CompTIA's "Managed Print Services Trends" study. "From innovations such as feature-rich multi-function devices and app-based wireless printing to enhanced managed print and workflow solutions, the market remains as dynamic as ever." In fact, one in every three MPS providers expects the demand for managed and basic print services to grow by 10 percent or more over the next 12 months, with another 53 percent expecting modest growth during the same time. Channel Insider examines key takeaways from the report.