- The key vendors in the MPS market in Japan 2015-2019 are Canon Inc., Fuji Xerox Co. Ltd., Konica Minolta Inc., and Ricoh Co. Ltd.
London, 3 August 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the MPS market in Japan 2015-2019. The increasing demand for cloud services offerings is a key trend observed in this market. Many organizations are now accepting the cloud-based MPS model as it is more cost-efficient compared to conventional models. Factors such as reduced costs and ease of installation and operations facilitate the adoption of cloud-based MPS model by different enterprises. The MPS market in Japan is expected to grow at a CAGR of 15.49% during the forecast period of 2014-2019.
The growing need to strengthen the efficacy of the workplace by using modern technology is a major factor that is expected to boost growth in this market. It is expected that vendors will provide more managed print services (MPS) in Japan so as to drive opportunities revolving around cloud integration, workflow, digital captures, and mobile printing enablement.
“Big data is the growing set of data that needs to be integrated and analyzed for the development of insights into a business. Now, as organizations are trying to reduce costs, improve productivity, and establish compliance with regulations, digitization of the paper documents is required for the optimization of information flow,” says Faisal Ghaus, Vice President of Technavio Research.
“These documents can be integrated to processes and can be accessed anywhere and anytime. In this manner, they show a bigger picture of big data enabling organizations to extract useful information to support decision making.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
