Managed print services (MPS) are used to gain visibility and control of the printing infrastructure, which helps the organizations to save money and boost productivity.
Managed print also helps to improve environmental sustainability and document security. Managed print services (MPS) usually begins with a requirements gathering process. The next step includes a partial or complete replacement of existing hardware, including scanners, printers, faxes, photocopiers, and multifunction (MFP) devices. The service provider oversees as well as services hardware and provides parts and supplies.
An MPS provider may also monitor and report on usage, problems, and user experience.
The global managed print services market size was valued at $27,500 million in 2017, and is projected to reach $59,709 million by 2025, growing at a CAGR of 10.3% from 2018 to 2025.