PUBLISHER: Allied Market Research | PRODUCT CODE: 1140325
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140325
Printing software optimizes and manages overall printing processes and devices in a cost-effective and efficient manner. Printing software enables users to safeguard and share digital data across numerous mobile platform from any location. It is frequently used to improve processes and regulate costs, mobility, security, and authentication. Systems for managing prints can be used by businesses to coordinate their printing resources. It lets businesses to manage, repair, and keep an eye on a variety of printing equipment like copiers, desktop printers, scanners, and more using a single application. The application supports offset printing, quick printing, mailing, and distribution. Printing software has become more widely used as a result of the enhanced control of networked devices such as printers. Hence, to enhance user experience, service providers are also offering a variety of value-added services, such as network security, information governance, and regulatory compliances, user authentication, data security, and document security.
Factors that drive growth of the market include increase in adoption of big data platform, measures to minimize office paper use, lower operating costs, greater productivity, flexibility to meet specific customer needs, and increase in information security. However, the market growth is significantly hampered by new and strategic collaborations and agreements as well as recurring costs. In addition, it is anticipated that rise in cloud printing service usage and increased print security spending will significantly drive demand for managed print services.
Organizational initiatives to reduce paper waste and CO2 and carbon emissions are expected to open up new business prospects in the future. Increase in number of startup companies in emerging regions, as well as a focus on lowering printing costs, are projected to offer up new growth opportunities.
The printing software market is segmented on the basis of component, deployment model, organization size, end user, and region. By component, it is segmented into software and services. The service segment is further categorized into professional services and managed services. By managed services, it is further categorized into print management, device management, discovery & design, and document imaging. By deployment model, the market is categorized into on-premise and cloud. By organization size, it is categorized into SMEs and large enterprises. By end user, it is categorized into retail, BFSI, foods & beverages, travel & hospitality, healthcare, IT & communication, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
Key players operating in the market include Canon, Inc., Epaper Ltd., Seiko Epson Corporation, Hewlett-Packard Inc., HID Global, Honeywell International Inc., Lenovo Group Ltd., L.P. Printing, MaPrinter Ltd, Nuance Communications, PaperCut Software International, Pcounter, Print Manager, Printix.net, Ringdale UK Ltd., Te Connectivity, Xerox Corporation.
Key Benefits For Stakeholders
Key Market Segments
By Component
By Deployment Model
By Organization Size
By End User
By Region