PUBLISHER: IMARC | PRODUCT CODE: 1746618
PUBLISHER: IMARC | PRODUCT CODE: 1746618
Japan managed print services market size reached USD 2.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.1 Billion by 2033, exhibiting a growth rate (CAGR) of 7.4% during 2025-2033. The growing demand for secure and efficient printing solutions, increasing focus on reducing paper waste and promoting energy-efficient printing, and rising preferences for outsourcing non-core functions represent some of the key factors driving the market.
Managed print service (MPS) is a comprehensive solution that streamlines and optimizes the entire printing infrastructure and document-related processes of a company. It involves outsourcing the oversight and maintenance of printers, copiers, multifunction devices, and related supplies and services to a specialized provider. It can streamline document workflows, making it easier for employees to print, scan, and share documents efficiently. It helps organizations gain enhanced control over their printing environment, enhance productivity, and improve overall document management. It allows companies to focus on their core operations while maintaining control over their print environment. It ensures that devices are always available and minimizes unexpected downtime. MPS reduces overall printing costs by optimizing device usage, reducing wasteful printing practices, and negotiating favorable supply contracts. It prevents unauthorized access to confidential information and ensures compliance with data protection regulations. It also protects against overinvestment in unnecessary hardware and makes sure that devices match usage patterns. It assists in understanding the printing costs of a company and implementing strategies to reduce expenses. As it focuses on reducing the environmental impact of printing by promoting responsible printing practices, including reducing paper usage and energy consumption, the demand for MPS is rising in Japan.
At present, the rising use of MPS in the banking, financial services and insurance (BFSI) industry to manage time-consuming record-keeping tasks represents one of the major factors influencing the market positively in Japan. Additionally, the increasing adoption of MPS, as it enables employees to spend less time dealing with print-related issues and more time on core tasks, is propelling the market growth in the country. Besides this, the growing demand for secure and efficient printing solutions is offering a positive market outlook. Moreover, the rising focus on reducing paper waste and promoting energy-efficient printing is strengthening the market growth. In line with this, the integration of data analytics in MPS to gain insights into printing practices and enable informed decision-making is contributing to the growth of the market in Japan. Furthermore, there is an increase in the demand for MPS to streamline print workflows in a company. This, coupled with the rising adoption of MPS, as it offers advanced security features like user authentication and encryption, is offering lucrative growth opportunities to industry investors. Apart from this, the increasing remote work arrangements in the country are bolstering the market growth. In addition, rising preferences for outsourcing non-core functions are impelling the market growth.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided