Multi-Functional Printers Market Expected to Grow at a High Rate

An MFP is an integrated device that can perform multiple functions like printing, scanning, and photocopying. Some MFPs also have fax functionality. However, the fax functionality is not considered as a norm for MFPs, as it is no longer popular in the document solutions market. MFPs are used in homes and offices (small offices to large enterprises) due to their vast applications in the field of document solutions. These MFPs are available in different sizes typically based on the print or photocopying requirement. For businesses, MFPs help to reduce capital costs and provide flexibility, as they eliminate the need for multiple devices and peripherals such as copiers, printers, and scanners in business environments.

Research analysts forecast the global multi-functional printers market to grow at a CAGR of 3.35% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global multi-functional printers market for 2017-2021. To calculate the market size, the report considers the MFPs used by the individual consumer, commercial and enterprise segments.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Research report, Global Multi-Functional Printers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Canon
  • HP
  • Konica Minolta
  • KYOCERA Document Solution
  • RICOH
  • Xerox

Other prominent vendors

  • Brother International
  • Lexmark International

Market driver

  • Cost-driven end-users in emerging nations.
  • For a full, detailed list, view our report

 

Market challenge

  • Increasing digitalization among the end-users.
  • For a full, detailed list, view our report

Market trend

  • Increasing awareness of green business models among end-user segments.
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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Companies Mentioned:

Canon, HP, Konica Minolta, KYOCERA Document Solution, RICOH, Xerox, Brother International and Lexmark International.

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