The global multi-function printer security market is forecast to grow at a CAGR of 9.37% during the period 2016-2020.
According to the report, one driver that will lead to the growth of this market is the high demand from industry verticals. MFPs are in high demand in industries like education, healthcare, entertainment, and manufacturing, mainly for low volume printing and basic functions such as scanning and copying.
As the printing volume is low in these segments, users find it more affordable to purchase MFPs than to depend on external vendors for their daily printing needs.
Further, the report states that a major challenge for this market is the shift toward paperless society. The increasing digitization and use of web-based methods for major operations have reduced the use of paper, which in turn, reduces the demand of MFPs.
Advances in display technology have influenced the development and deployment of digital signage and large screen-size display, which are used for promotions. In order to reduce the use of paper, many governments are promoting paperless environment.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Brother International
- ARC Document Solutions
- Konica Minolta
- KYOCERA Document Solution
- Lexmark International
- OKI Data corporation
- Pitney Bowes
PART 01: Executive summary
PART 02: Market summary
PART 03: Scope of the report
PART 04: Assumptions
PART 05: Market research methodology
PART 06: Introduction
PART 07: Printer market overview
PART 08: Market landscape
PART 09: Market opportunities
PART 10: Product lifecycle analysis
PART 11: Market segmentation by deployment
PART 12: Geographical segmentation
PART 13: Market attractiveness
PART 14: Buying criteria
PART 15: Market drivers
PART 16: Impact of drivers
PART 17: Market challenges
PART 18: Impact of drivers and challenges
PART 19: Market trends
PART 20: Impact of trends
PART 21: Five forces analysis
PART 22: Vendor landscape
PART 23: Appendix
PART 24: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/xz69hd/global
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Research and Markets
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SOURCE Research and Markets