Managed Print Services (MPS) Market in 2025-2032

Managed Print Services (MPS) Market Introduction

The Managed Print Services (MPS) market is undergoing rapid transformation, driven by the evolving demands of modern enterprises for more efficient, secure, and cost-effective document handling solutions. MPS provides organizations with a comprehensive approach to managing print devices, including printers, scanners, copiers, and multifunction devices. By outsourcing print management, companies can focus more on core operations while reducing overhead costs and optimizing print infrastructure.

Managed Print Services (MPS) Market Definition

Managed Print Services (MPS) refer to the outsourcing of print management and document output to a third-party provider. These services encompass a range of solutions including the assessment, optimization, monitoring, and management of print devices such as printers, copiers, scanners, and multifunction peripherals. The core objective of MPS is to streamline document workflows, reduce printing costs, enhance productivity, and improve overall print infrastructure efficiency.

Managed Print Services (MPS) Market Scope & Overview

The scope of the Managed Print Services (MPS) market is expansive, encompassing a broad array of industries, organizational sizes, and geographical regions. It includes services such as fleet management, document workflow optimization, predictive maintenance, analytics, and sustainability solutions. MPS has evolved from basic hardware leasing and maintenance to a holistic service model that integrates with broader IT and business strategies.

Managed Print Services (MPS) Market Size

Managed Print Services (MPS) Market is estimated to reach over USD 92,285.50 Million by 2032 from a value of USD 49,287.85 Million in 2024 and is projected to grow by USD 52,450.16 Million in 2025, growing at a CAGR of 8.9% from 2025 to 2032.