MANAGED PRINT SERVICES MARKET ANALYSIS
Global Managed Print Services Market: Regional Insight
North America accounted for the largest market share in the global managed print service market. Increasing adoption of advanced technology by various verticals, in order to improve their financial position; enhance security and gain operational efficiencies are some of the factors, which in turn, helps in increasing demand for the managed services in this particular region. For instance, in January 2017, CentraCare Health adopted managed print services, in order to streamline business process and optimize its printing. This service helped in increasing their saving by US$ 400,000, annually.
Moreover, majority of the key players in the market are present in this region. Thus, aiding in growth of the managed print services market in the region. For instance, Global Imaging Systems (GIS), A Xerox Company acquired G-Five, Inc.—a Carolinas-based solution provider of office equipment and print services in North and South Carolina—in 2017.
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