Managed Print Services (MPS) market Size, Share, and Growth Analysis, By Type, By Channel, By Deployment, By Enterprise Size, By End-Use Industry, By Region - Industry Forecast 2026-2033

Global Managed Print Services (MPS) Market size was valued at USD 57.48 Billion in 2024 and is poised to grow from USD 63.4 Billion in 2025 to USD 138.89 Billion by 2033, growing at a CAGR of 10.3% during the forecast period (2026-2033).

The global Managed Print Services (MPS) market is witnessing consistent growth, driven by increasing business awareness of the advantages of outsourcing print management. Companies aim to enhance operational efficiency and cut costs, making MPS providers crucial for optimizing print environments. The sector's expansion is also fueled by a rising focus on sustainability, as MPS solutions play a key role in minimizing paper waste and energy consumption. Additionally, rapid technological advancements in printing and the demand for cloud-based solutions have accelerated MPS adoption. To maintain competitiveness, MPS providers are innovating by offering an expanded range of services, including document security, remote monitoring, and predictive maintenance. Thus, the MPS market is set for ongoing growth as organizations prioritize specialized service providers for their printing needs.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Managed Print Services (MPS) market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Managed Print Services (MPS) Market Segments Analysis

Global Managed Print Services (MPS) Market is segmented by Type, Channel, Deployment, Enterprise Size, End-Use Industry and region. Based on Type, the market is segmented into On-Premise Managed Print Services, Cloud-Based Managed Print Services and Hybrid Managed Print Services. Based on Channel, the market is segmented into Printer/Copier Manufacturers, System Integrators/Resellers and Independent Software Vendors (ISVs). Based on Deployment, the market is segmented into On-Premise and Cloud-Based. Based on Enterprise Size, the market is segmented into Small and Medium Enterprises (SMEs) and Large Enterprises. Based on End-Use Industry, the market is segmented into BFSI, Education, Healthcare, Manufacturing, Legal Services, Government and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Managed Print Services (MPS) Market

The ongoing advancement of printing technology, combined with the integration of IoT, cloud computing, and artificial intelligence, is significantly enhancing the capabilities of Managed Print Services (MPS). These technological breakthroughs facilitate more sustainable and cost-effective print management, bolster document security, and optimize workflows, leading to a broader implementation of MPS solutions across diverse sectors. As businesses seek improved efficiency and reduced environmental impact, the evolution of these technologies plays a crucial role in shaping the future landscape of print services, driving companies to adopt innovative MPS solutions that align with their operational and sustainability goals.

Restraints in the Global Managed Print Services (MPS) Market

One of the main challenges facing the global Managed Print Services (MPS) market is the initial implementation costs linked to adopting these solutions. Although MPS can provide considerable savings over time, the upfront expenses for hardware, software, and services may pose a significant burden for many organizations, particularly smaller ones. This financial barrier can discourage companies from investing in MPS, prompting them to engage in careful financial assessment and planning to validate the expenditure. Nonetheless, it is essential to recognize that the long-term benefits often surpass these initial costs, making MPS a worthwhile consideration for enhancing productivity and efficiency.

Market Trends of the Global Managed Print Services (MPS) Market

The Global Managed Print Services (MPS) market is experiencing a notable shift towards the integration of Artificial Intelligence (AI) technologies to enhance operational efficiency and security. Vendors are utilizing AI-driven analytics to provide deeper insights into print environments, enabling organizations to optimize workflows and implement predictive maintenance strategies that minimize downtime. This trend reflects a rising demand for intelligent, data-centric solutions that extend beyond traditional printing needs and align with broader digital transformation initiatives within enterprises. As businesses seek to innovate and streamline their processes, the adoption of AI in MPS is poised to become a critical component of their operational strategies.