Cloud printing

Printing Devices (Global Market)

Main Article: Printing Devices (Global Market)

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2024: Global Cloud Printing Market Size Reaches $5.54 Billion for the Year

In 2024, costs in the global cloud printing market amounted to 5.54 billion. More than a third of the total expenses - $1.99 billion - fell on the North American region. Industry trends are addressed in the Fortune Business Insights survey published April 23, 2025.

By cloud printing, the authors of the study mean technology solutions that help organizations manage, control, and optimize their printing infrastructure through the cloud. This approach eliminates the need for traditional local print servers and drivers, allowing users to safely print documents from anywhere or any device connected to the cloud. At the same time, centralized management tools increase convenience and efficiency.

Analysts note that the COVID-19 pandemic has had a positive impact on the market. It has significantly accelerated digital transformation, creating the need for platforms for remote work and distance learning. At the same time, the transfer of workloads to the cloud infrastructure accelerated. Due to the financial difficulties provoked by the pandemic, companies sought to reduce operating costs. This has led to increased adoption of cloud printing solutions that optimize resources, minimize print waste, and reduce infrastructure costs in general.

Artificial intelligence plays an important role in the development of the industry. AI algorithms can analyze huge amounts of data from printers to predict service: this reduces downtime and allows for timely repairs. In particular, AI calculates the consumption of toner and identifies potential problems with equipment. Companies use AI-based solutions to automate workflows, improve efficiency and improve user experience.

Analysts call security issues a deterrent. When using cloud services, sensitive documents often pass through third-party servers before printing. This raises concerns about unauthorised access, data breaches and the potential misuse of personal or confidential information. The risks of leaks are especially dangerous for areas such as health care, finance and jurisprudence.

By deployment type, the market is segmented into public, private, and hybrid clouds. The first type of solution provided the largest share of revenue in 2024 due to its availability and scalability. But the fastest growth rate is demonstrated by the hybrid segment: safety concerns prompt most companies to take a balanced approach that involves combining public and private platforms. In terms of cloud printing, areas such as BFSI (banking, financial services and insurance), the public sector, IT and telecommunications, healthcare, retail, etc. In 2024, the BFSI sector dominated with 28.6%. Significant players on a global scale are named:

• Canon;
• Fujifilm;
• Ricoh Group;
• Microsoft;
• Xerox;
• Konica Minolta;
• Toshiba;
• PaperCut;
• YSoft;
• Lexmark International;
• Brother;
• Seiko Epson;
• Kyocera;
• Sharp;
• MyQ;
• Pharos Systems International;
• Tungsten Automation Corporation (Printix);
• ThinPrint;
• Hexicom Software.

Fortune Business Insights analysts believe that the CAGR in the market under consideration will be around 11.3% in the future. As a result, by 2032, spending could rise to $12.86 billion.^[1]

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