The market for cloud printing services is expected to grow at a compound annual growth rate (CAGR) of 11.7%, from US$ 1,521.5 million in 2023 to US$ 4,614.1 million by 2033. The market for biscuit mixes saw a compound annual growth rate (CAGR) of 9.6% from 2018 to 2022.
An electronic service that lets customers print from any networked device is called a cloud printing service.With the introduction of cloud printing services (CPS), customers may now print papers and other materials from any cloud-connected device.
Business or corporate users create content by using software tool and transfer it to cloud printing service provider via any device and then routes the file to a cloud-attached printer at a place selected by the user. Cloud printing service may be open that hosted by a company which aids other businesses to use its hardware, software, and network to produce printed documents.
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Cloud printing services can also be a closed network that will only allow the enterprise users. Cloud printing supports end users, whether professional buyers or consumers, to have documents printed without being overloaded by printing equipment and can deliver anywhere.
Like other cloud services, a cloud printing service is a software as a service (SaaS) platform provider or provide remotely provided solutions. In the case of a print service, there is a model where the system provides the digital information to a network point where the printer can collect it.
Cloud printing aids business users in managing their print operation from any device which gives unmatched elasticity in the retrieval of printer fleet and also provides driverless printing from mobile phones or Chrome book through Google cloud. Cloud printer don’t require any PC connection for a print driver.
Cloud Printing Services Market: Market Dynamics
Fewer software drivers are needed to connect a particular device to a printer, digital information directly from the cloud service, which results in reliable printing service across system composed of different parts of hardware and cloud printing services offers service to print remotely from various locations.
The increase in business efficiency, the proliferation of mobile devices, mobile workforce is growing, constant and secure internet access, and reduction in infrastructure management costs, etc. are the drivers of cloud printing services market.
Data-protection challenges, privacy issues, administrators require comprehensive reporting on user behavior are the restraints of cloud printing services market.
Reduction in costs, increased security, and mobility in printing services creates opportunities for cloud printing services market.
Segmentation Overview
Cloud printing services market segmented by cloud type, verticals, platform, and region. By cloud type, the cloud printing servicesmarket segmented into the public, private and dual cloud. By verticals, the cloud printing services market segmented into manufacturing, information technology, healthcare, education, hospitality, logistics & transportation, government, financial services and telecommunication. By platform, the cloud printing services market segmented into android phones, Windows PC, iPad, and Mac.
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Cloud Printing Services Market: Competition Landscape
Few prominent players in cloud printing services market include IMS Group Ltd., Google Inc., UniPrint.net., Kyocera International, Inc., ezeep GmbH, Genius Bytes Software Solutions, Cortado Inc. and Cirrato Technologies AB.
Cloud Printing Services Market: Regional Outlook
Presently, North America is holding the dominant market share for cloud printing services market due to high adoption of cloud printing services which enables to print documents anywhere, anytime from the cloud. Western Europe region is witnessing high growth rate due to the increasing demand for printer fleet management and managed printed services (MPS) offerings followed by Asia Pacific region in cloud printing services market.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.
The report covers exhaustive analysis on
- Global Cloud Printing Services Market Segments
- Global Cloud Printing Services Market Dynamics
- Historical Actual Market Size, 2014 – 2015
- Global Cloud Printing ServicesMarket Size & Forecast 2016 to 2027
- Supply & Demand Value Chain for Cloud Printing ServicesMarket
- Global Cloud Printing ServicesMarket Current Trends/Issues/Challenges
- Competition & Companies involved in Cloud Printing ServicesMarket
- Cloud Printing ServicesTechnology
- Value Chain of Cloud Printing Services
- Global Cloud Printing ServicesMarket Drivers and Restraints
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Key Segments Profiled In The Cloud Printing Services Industry Survey
Cloud Printing Services Market by Cloud Type:
- Public Cloud Printing Services
- Private Cloud Printing Services
- Dual Cloud Printing Services
Cloud Printing Services Market by Platform:
- Cloud Printing Services for Android Phones
- Cloud Printing Services for Windows PC
- Cloud Printing Services for Mac
- Cloud Printing Services for iPad
Cloud Printing Services Market by Verticals:
- Cloud Printing Services for Information Technology
- Cloud Printing Services for Healthcare
- Cloud Printing Services for Education
- Cloud Printing Services for Hospitality
- Cloud Printing Services for Manufacturing
- Cloud Printing Services for Logistics & Transportation
- Cloud Printing Services for Government
- Cloud Printing Services for Financial Services
- Cloud Printing Services for Telecommunication
Cloud Printing Services Market by Region:
- North America Cloud Printing Services Market
- Latin America Cloud Printing Services Market
- Europe Cloud Printing Services Market
- Middle East & Africa Cloud Printing Services Market
- Asia Pacific Cloud Printing Services Market
Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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