Managed Print Services Market To Reach $98.10 Billion By 2033

February 2026 | Report Format: Electronic (PDF)

Managed Print Services Market Growth & Trends

The global managed print services market size is expected to reach USD 98.10 billion by 2033, registering a CAGR of 9.1% from 2026 to 2033, according to a new report by Grand View Research, Inc. Managed print services (MPS) provide accurate monitoring of print resources through the clearly defined mechanisms and analysis. MPS providers emphasize modernization and continuous improvement in their offerings but few communicate the business value of MPS. Enhancing the use of analytics and cloud computing will boost the market over the forecast period.

Cloud-based deployment mode is expected to hold the largest share of the managed print services market over the forecast period. High cost-effectiveness with the deployment of managed print services are changing the aspects of the conventional IT model. Cloud-based deployment holds the maximum market share as it offers businesses to remotely access their documents and data on the cloud while hybrid deployment mode is expected to be the fastest-growing mode of deployment over the next few years.

Large enterprises segment is anticipated to dominate the managed print services market over the forecast period. They are mainly prone to malware, threats, spams, and other security concerns. To avoid these, they are focused on managing their operations and processes. Thus, dominating the managed print services market in the forecast period.

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Managed Print Services Market Report Highlights

By channel, the printers/copiers manufacturers segment accounted for the largest revenue share of 52.7% in 2025. The independent software vendors segment is expected to register the fastest CAGR in the market during the forecast period.
By deployment, the on-premises segment accounted for the largest share in the global market in 2025. The cloud segment is expected to grow at a significant CAGR during the forecast period.
By enterprise size, the large enterprises segment accounted for the largest market share in 2025. The SMEs segment is projected to register the fastest CAGR over the forecast period.
By end-use, the BFSI segment accounted for the largest market share in 2025. Retail & consumer goods is expected to register the fastest growth during the forecast period in the global market.
North America accounted for the largest market share of 38.6% in 2025 in the global market. The managed print services (MPS) market in the U.S. is experiencing strong growth.