A new report by MarketsandMarkets explores the Managed Print Services market by deployment mode, channel type, application, organization size, and geography with a Global forecast to 2023.
The report “Managed Print Services Market by Deployment Mode (On Premise, Cloud based, and Hybrid), Channel Type (Printer/Copier Manufacturers, System Integrators/Resellers, and ISVs), Application, Organization Size, and Geography – Global Forecast to 2023”, published by MarketsandMarkets says that the market was valued at $28.40 billion (€24.15 billion) in 2016 and is expected to reach $50.78 billion (€43.21 billion) by 2023, at a CAGR of 8.51 percent between 2016 and 2023.
The reduced cost of operation and flexibility to match custom requirements, rising complex technological solutions, and increasing dependency on heterogeneous networks, steep increase in the adoption of big data solutions, organizational initiatives to reduce paper wastage, and competent technical support by MPS providers are some of the significant drivers for the growth of this market.
According to the report, cloud-based deployment is expected to hold the largest share of this market between 2017 and 2023. The deployment modes include on-premise, cloud-based, and hybrid deployment. Cloud-based deployment has the largest share of the overall market owing to its extensive benefits in Managed Print Services (MPS). MPS is replacing the traditional IT model to manage increasing requirements, and businesses are looking toward MPS for cost efficiency and effective benefits. Cloud-based deployment holds the maximum market share as it offers businesses to remotely access their documents and data on the cloud.
Also expected to hold the largest share of the Managed Print Services market between 2017 and 2023 are large enterprises. Large enterprises mainly focus on managing their operations and processes rather than being diverted by any threat, attack, malware, or spams, and any other such vulnerabilities. Due to this reason, the demand for MPS is more in such organizations and is increasing day by day.
The report shows that MPS has been growing in industry applications such as banking, financial services and insurance (BFSI), government and healthcare. BFSI applications held the largest market share of the MPS market worldwide. BFSI involves heavy dependency on paperwork for record-keeping. The MPS market is expected to get more market share because of security requirements for sensitive data in the BFSI industry. These applications use MPS to optimize the efficiency of resources and operational practices in use.
Also featured in the report is that North America held the largest share of Managed Print Services market in 2016. The North American market has many rising start-ups and favourable compliance and government regulations. The enterprises in this region have a rapid growth rate and a heavy demand for managed print services. Because of favourable government regulations, European companies are also investing in the North American market.
According to research by International Data Corporation (IDC), the Western European printer and multifunction (MFP) market grew in unit terms in the second quarter of 2017.
According to research by International Data Corporation (IDC), the Western European printer and multifunction (MFP) market grew by 3.8 percent in unit terms in 2Q17 compared with the same period a year ago.
There were positive sales performances in both inkjet and laser markets for units, but value for the laser market was actually down. The overall market has been in continuous decline since 2Q15 — and in 2Q17 the quarter increased by 173,000 units to give a market of almost 4.7 million devices. This stellar quarter is due to the surprising growth in consumer printing but is relatively in line with forecasts. Revenues on the other hand, declined by 5.6 percent. Inkjet revenues, however, increased 1.5 percent while laser revenues fell by 6.9 percent.
Laser market shipments increased by 4.7 percent in 2Q17, but values decreased, indicating that prices are getting lower: a sharp contrast from the positive trend observed last year. Active Server Pages for the laser market decreased by 11 percent in 2Q17.
Business inkjet shipments suffered another decline, a persisting negative trend for the past four quarters with shipments falling by 5.9 percent in 2Q17. MFP products declined by 5.1 percent in volume but grew by 9.7 percent in value. This is due to an increase in the average selling price of 73 percent for A3 MFPs; the A4 format represents 75.1 percent of business inkjet MFPs. Despite this, business inkjet MFPs accounted for 89.8 percent of business inkjet shipments in 2Q17, a 0.7 percent increase from last year.
Overall, MFP products accounted for 80.7 percent of all shipments in Western Europe in 2Q17, lower than the 81.4 percent in 2Q16. Laser and inkjet MFPs increased by 2.9 percent, while laser and inkjet printers showed an even stronger performance with a 7.9 percent increase, with shipments generally in line with IDC forecasts.
There was small growth in the business market in 2Q17; the market, comprising laser and business inkjet devices, increased by 1.6 percent, but the value decreased by 6 percent. The highest value growth was in 1-20ppm colour devices and 151+ ppm mono devices, a positive trend that has been seen for more than a year now.
“We have seen poor results in the printing devices market for quite some time, but today we can reveal that the Western European market has grown by 3.6 percent globally with positive results for both inkjet and laser segments,” said Delphine Carnet, senior research analyst in IDC’s Western European Imaging, Hardware Devices, and Document Solutions group. “Leading countries such as Germany and the U.K. are showing double-digit increases. However, we have observed a 6.9 percent decline in laser revenues, which leads us to believe that businesses are feeling the pinch and looking for value for money.”
The OEM’s US subsidiary released two new A3 MFPs under its monochrome A3 line.
Industry Analysts reported on the release, with the OEM’s new series said to feature “state-of-the-art technology for a smarter office experience” and developed in response to “the latest market trends and client needs in the area of office printing”. The “refreshed” machines include the bizhub 458 and 558 MFPs, which replace the “successful” bizhub 454e and 554e series, and the new printers feature “premium high security” functionality.
The devices also offer “even more functionality while being highly reliable and productive”, with “strong features for the office environments that have medium-volume printing needs but don’t require colour output”. Features include Konica Minolta’s INFO-Palette design control panel, which is nine inches in size and features “touch-and-swipe functionality” and a web browser alongside “a wide variety of apps” from the OEM’s bizhub MarketPlace.
The MFPs’ “secure data encryption” includes bizhub SECURE safeguards that ensure documents “have uncompromising security protection”, while specific authentications include “ID card” and “biometric”. The devices also feature “expanded sustainability” including a “reduction in energy consumption” through a “charged roller that control the amount of toner supply”, and “use of recycled materials” in manufacturing alongside ENERGY STAR and EPEAT certifications.
Finally, the printers have “improved usability, flexibility and customisation”, while mobile printing is supported via Apple AirPrint, Google Cloud Print and near-field communication (NFC), and Wi-Fi is “optional”. The two printers are available now in the US market from Konica Minolta’s “direct and channel partners”.
Dino Pagliarello, Vice President of Product Management and Planning at Konica Minolta, commented: “This user-friendly series meets the needs of our customers in various work environments making it an ideal solution. These updated models offer connected and mobile features which play into our ‘work from anywhere, anytime’ credo.”
Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) announced today the launch of user-friendly multifunctional (MFP) A3 color systems bizhub C227, C287 and C258 with enhanced functionality to support modern workplaces. The powerful, new color multifunctional printers in Konica Minolta’s bizhub series were designed to meet specific business requirements and the changing office workgroup environment.
Smart MFPs offer the reliability of Konica Minolta’s print technology with the added functionality and performance of more costly and complex copier-based devices, making them a perfect, cost-effective alternative. All are well-suited to small-to-medium-sized businesses, as well as departments within larger organizations. Employing a color speed of up to 28 pages per minute, the new bizhub C227 and bizhub C287 office systems provide an enhanced control panel that features the latest interface technologies and a new mobile connectivity area.
· Multi-touch interface for intuitive control, plus optional voice guidance system to provide audible control instructions
· Access to downloadable apps from the bizhub MarketPlace
The bizhub C258, an extension of the C308/C368 series, provides productivity features to speed output in both color and B&W, including fast 25-ppm printing, optional single-pass dual scanning to bring originals into workflow faster and powerful finishing options for right-size scalability. Konica Minolta’s exclusive bEST (bizhub Extended Solution Technology) is a gateway to a wide range of software solutions enabling seamless integration with 3rd-party software for business, healthcare, education, legal and other applications.
· Enhanced control panel featuring a new mobile connectivity area
· Expanded memory as well as a hard disk mirroring option
· Detachable universal trays as well as a redesigned bypass tray that will improve paper handling
· Open API
· Access to downloadable apps from the bizhub MarketPlace
Industry Leading Mobile Print Solutions Supporting Versatile Mobile Platforms
Employees demand maximum flexibility to allow printing anytime, anywhere and from any mobile device. Konica Minolta’s multifunctional color series meets those demands by providing functions such as optional WiFi access and embedded “Near Field Communication” (NFC) for Android devices and optional Bluetooth Low Energy for iOS devices. This automatically connects users’ tablets or smartphones and provides the convenience of touch-to-print as well as touch-to-scan functionality.
A letter sent to market analysts Photizo Group seems to hint that Konica Minolta will buy out Lexmark.
The letter, which Photizo Group reported was as sent on 23 December “unsolicited” by the analysts, and was sent by the “infamous” Lexmark Employees for Ethical Conduct (LEEC), claiming that “Paul Rooke, Jeri Isbell, the executive officers of Lexmark, and the Board of Directors are preparing to sell Lexmark to Konica Minolta…”. Details included are “very specific” in relation to a “pending acquisition”, and consist of dates and information on the supposed buyout.
Photizo added that this “seemingly confirm[s] our own due diligence and supposition”, with the “incendiary letter” asking Kentucky State Governor Bevin and Lexington Mayor Gray to “act immediately [and] save our careers”. The details in the letter include that Lexmark will announce its “largest and most significant” product launch “in the company’s history” on 28 January, which will “position the firm to terminate many of its R&D staff”.
Additionally, Konica Minolta is said to be “most interested in acquiring [the] hardware product line to complete gaps in its own product offering”, has “no desire to take ownership of Enterprise Software”, and “is likely to streamline its operations (and headcount) in the coming three to five years”. In response, Lexmark only commented that its official position is not to “comment on rumour or speculation”, and that it is “exploring strategic alternatives”.
Photizo’s perspective was that the “inflammatory” letter “would seem to support” its own analysis in relation to Konica Minolta, and that it “further connects” with other information. It also pointed out that it is “surprising” Konica Minolta “would not be interested” in Lexmark’s Enterprise Software unit, as it is “equally interesting” compared to the hardware and MPS businesses. It also wonders whether the OEM would “be so short-sighted” in doing so, concluding by asking “is this the end of another dynasty” or the “beginning of a beautiful marriage”.
Xerox offers HP customers new compatible printing cartridge
Xerox corporation is offering Hewlett-Packard customers a way to save money and be more productive with a new printing cartridge that delivers 36% lower cost-per-print than existing HP cartridges and prints 10% more pages. The latest edition to Xerox’s “It’s Compatible” line of toner cartridges can be used in HP’s newest black & white products, the HP LaserJet 4250 and 4350 printers, which are targeted to office workgroups and entry-level production printing environments (source: Info-Trend, January 2006).
CROSS Imaging Supplies at the Remax 2007 in Düsseldorf
CROSS Imaging Supplies will exhibit at the coming Remax 2007 in Düsseldorf. The Remax is the biggest European trade show for the remanufacturing industry bringing together printer cartridge remanufacturers from all over the globe.
With black and colour toner in bulk and in cartridges for all major OEM brand PPCs/MFCc and LBPs as well as OPCs and Spare-Parts CROSS Imaging Supplies is offering distributors and rechargers a wide range
of premium brand products. Visit us at the Remax 2007, booth D230 at the Messe Düsseldorf to find out how to improve your competitiveness without compromising on quality
Ricoh receives award for the Colour Line of the Year
West Caldwell, N.J. – Ricoh Corporation, a leading provider of digital office equipment, announced that it has received the “Color Printer Line of the Year” award from Buyers Laboratory Inc. (BLI) a leading independent office products test lab and business consumer advocate. In addition, five of Ricoh’s printers received Fall 2005 “Pick of the Year” awards and the Ricoh Aficio G700 was given an “Outstanding Achievment” award.
In a series of rigorous testing by BLI, the Ricoh colour printer line stood out for its high-performance, functionality and capacity to streamline content management for business users in all categories.
After testing various colour printers across multiple categories, the performance of the Ricoh models – the Aficio G700 for small business, the Aficio CL4000DN for mid-size offices, and the Aficio CL7200DL and CL7300DL for large workgroups – exceeded competing units tested within those markets, earning Ricoh the “Colour of the Year” award. With print speeds of 20 ppm, 26ppm, 28ppm and 35ppm respectively, these Ricoh colour printers were designed to efficiently manage document workflow for the end user while maintaining superior quality (source: www.ricoh-usa.com).
Canon Europe announces iR2570C/Ci and iR3170C/Ci Smart Colour MFP’s
Canon Europe announced two new additions to its black & white with Smart Colour range. The two new MFP’s have been created in response to customer feedback and extend Canon’s existing black & white with Smart colour portfolio to offer a wider choice.
Recognising that business still mainly need to print black & white documents, but with the option of colour becoming a key requirement, these devices are expected to strenghten Canon’s position in the black & white sector.
Xerox develops new super coating to extend the lifespan of photoreceptor drums
Tasked with the developing ways to extend the lifespan of printer components and reduce their impact on the environment – a group of scientiest at Xerox Corporation have developed a new chemical armour that protects photoreceptors, the light sensitive elements in xerographic machines.
Protected from normal wear to tear, a normal photoreceptor coated with the “armour” can last more than one million revolutions – nearly doubling its usable life.
“The long life of the photoreceptors reduces the need for replacement cartridges, enabling a 33% reduction in waste”, said Yonn Rasmussen, Vice President of the Xerographic Component Systems Group. “Customers experience less down time, and therefore reduced interruptions to their work flow, higher productivity and fewer service calls.”
The new photoreceptor works in the standard machine design with no additional hardware changes or added cost to the customer. This invention has a broad applicability across Xerox’s product portfolio and is being first implemented in the Xerox 4112 and 4127 light production monochrome printers.
A global, muliti-disciplinary team from the Xerox Research Center of Canada, the Xerographic Component System Group engineering team in Webster, N.Y and the manufacturing team in Venray, Netherlands, advanced the project from the pilot plant stage in Canada to production in Venray in less than one year, a record time form commercializing a new technology such as this.
Canon announces Colour Laser Base MF8180C All-In-One in Europe
The MF8100C is the first Canon colour All-In-One devise in Canon’s Laser Base range, combining a colour laser printer, colour laser copier, colour scanner and high speed fax in one unit. Colour prints are generated at 2400x600dpi enhanced quality, with Cyan, Magenta, Yellow and Black toner cartridges and a single drum cartridge for printing, copying and fax printing.
In conventional printers, the fixing roller is coated with oil to ensure that the paper does not adhere to the roller during the fixation process. Canon uses its originally developed S-Toner, comprised of perfectly spherical microparticles, in the MF8180C. S-Toner incorporates wax at the core of each toner particle. With S-Toner oil-less fixing becomes possible because the wax is released and spreads out during the fixation process. The result are output images without the glossiness associated with conventional toner.
The MF8180C has print speeds to cope with the demands of any busy office or work unit. Monochrome prints and copies are generated at 19ppm and colour at 4ppm. The device uses high yield cartridges (Y/M/C/K – 4’000 pages each) while the drum yield is 20’000 in monochrome (5’000 pages colour), based on 5% coverage.