According to a recently completed study by Doc's friends over at InfoTrends, Managed Print Services (MPS) in the office environment will reduce the consumption of marking and paper supplies in the United States by $2.6 billion in 2014. A companion study shows a similar drop in consumption of supplies for Western Europe with a reduction totaling €1.56 billion in 2014.
"It is a well known fact that managed print services are gaining share of the US and Western European office environments," commented John Shane, Project Manager and Director at InfoTrends. "Our most recent forecasts show MPS will control 28% of the US office environment print volume and 22% of the Western European office environment by 2014. However, there wasn't a clear understanding of how MPS would impact the market for supplies – until now."
"When compared with a baseline forecast that postulates if MPS was never invented, we see that MPS will reduce the consumption of marking supplies by 10% (6% in Western Europe) and paper by 7% (5% in Western Europe) by 2014," continued Shane. "It is imperative that those in the supplies industry educate themselves on how to deal with the effects of MPS to take advantage of new opportunities and mitigate risk."
You can find out more about the study at the Infotrends Website.