Doc doesn't usually cover material that is fee-based, but the good folks over at Info Trends have a new report out that looks like it may be worth the investment. It's a forecast of MPS market growth through 2014.
According to InfoTrends' projections, the revenue opportunity for Managed Print Services (MPS) on a global basis is expected to grow from $12.3 billion in 2009 to $25.5 billion in 2014. All regions will demonstrate double-digit increases with Asia Pacific showing the strongest potential with an 18% compound annual growth rate.
"Over the past five years, MPS have been the biggest phenomenon in the office equipment industries of the United States and Western Europe," commented Randy Dazo, Director of InfoTrends' Managed Print Services consulting group. "Almost every equipment manufacturer has banked on a MPS strategy to drive new business, and for the foreseeable future, this will be a lucrative investment."
In North America, the MPS revenue opportunity is expected to increase from $5.9 billion in 2009 to just over $12 billion in 2014 demonstrating a 15% compound annual growth rate. In Western Europe, MPS will experience a similar growth rate of 16% by 2014.
The regional and worldwide forecasts are available immediately for purchase. For pricing and purchasing information, please visit InfoTrends' online store or contact Scott Phinney by phone or email at +1 781-616-2123 or firstname.lastname@example.org.