Multi-functional Printer Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR44700
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The multi-functional printer market has the potential to grow by $ 4.92 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4%.

The multi-functional printer market report extensively covers market segmentations by Technology (Inkjet and Laser) and Geography (APAC, Europe, North America, MEA, and South America) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Multi-functional Printer Market Size be in 2021?

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Multi-functional Printer Market: Key Drivers and Trends

According to our research output, there has been a neutral impact on the market growth post COVID-19 era. Key drivers such as the increasing demand for mfps from healthcare sector are notably supporting the multi-functional printer market growth. However, one of the foremost factors impeding market growth is increasing digitization and cloud storage. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This multi-functional printer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Multi-functional Printer Market Vendors?

The multi-functional printer market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

  • Canon Inc.
  • Eastman Kodak Co.
  • Hewlett Packard Enterprise Development LP
  • KYOCERA Corp.
  • Panasonic Corp.
  • Ricoh Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • Seiko Epson Corp.
  • Sharp Corp.
  • Xerox Corp.

The multi-functional printer market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the multi-functional printer market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Multi-functional Printer Market?

Multi-functional Printer Market Share by Geography

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The multi-functional printer market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 40% of the market’s growth will originate from APAC during the forecast period. US, China, Germany, Japan, France, and UK are the key markets for multi-functional printer market in APAC.

APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Evolving documentation needs of businesses has been identified as one of the chief factors that will drive the multi-functional printer market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Technology Segments in the Multi-functional Printer Market?

Multi-functional Printer Market Share by Technology

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The multi-functional printer market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the multi-functional printer market size.

Multi-functional Printer Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 4.92 billion

Market structure

Fragmented

YoY growth (%)

2.40

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Germany, Japan, France, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Canon Inc., Eastman Kodak Co., Hewlett Packard Enterprise Development LP, KYOCERA Corp., Panasonic Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Seiko Epson Corp., Sharp Corp., and Xerox Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Multi-functional Printer Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive multi-functional printer market growth during the next five years
  • Precise estimation of the multi-functional printer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the multi-functional printer market across APAC, Europe, North America, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of multi-functional printer market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The multi-functional printer market growth will increase by $1383.09 million during 2019-2024.
The multi-functional printer market is expected to grow at a CAGR of 0.84% during 2019-2024.
Technavio has segmented the multi-functional printer market by technology (Inkjet and Laser) and geographic (APAC, Europe, North America, MEA, and South America).
Canon Inc., Eastman Kodak Co., Hewlett Packard Enterprise Co., KYOCERA Corp., Panasonic Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Seiko Epson Corp., Sharp Corp., Xerox Corp. are a few of the key vendors in the multi-functional printer market.
APAC will register the highest growth rate of 56.24% among the other regions. Therefore, the multi-functional printer market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the multi-functional printer market growth are:
  • Increasing demand for MFPs from healthcare sector
The multi-functional printer market vendors should focus on grabbing business opportunities from the inkjet segment as it accounted for the largest market share in the base year.
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