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Printing Devices (Global Market)
Main Article: Printing Devices (Global Market)
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2024: Print management software sales rise to $2.38 billion
In 2024, the global print management software market amounted to $2.38 billion. More than a third of this amount fell on the North American region. Industry trends are addressed in the Fortune Business Insights survey published June 4, 2025.
The software in question allows you to centrally manage all printing processes both at the level of end users and specific devices, and throughout the organization. Companies can monitor the technical condition of equipment and the amount of consumables, manage access rights and user privileges, monitor the load intensity on individual devices, and optimize printing operations. All this helps to increase the efficiency of printing equipment and minimize costs.
One of the key drivers of the market, the authors of the study call the introduction of artificial intelligence. AI algorithms allow you to automatically adjust print settings depending on paper type and other parameters, redistribute the load, and optimize various print services. In addition, AI can correct errors in the printing process, change color settings, or fix image defects. Predictive maintenance becomes available, minimizing downtime and reducing the costs associated with possible failure. AI systems are able to detect and prevent leaks of confidential information during printing, which increases the level of cybersecurity within the company.
A significant trend of analysts is called the transition to sustainable methods of work, which involve the use of environmentally friendly ink and paper. This contributes to lower carbon emissions associated with office printing. Companies are increasingly purchasing devices with double-sided printing, which helps to significantly reduce paper consumption. Soy ink obtained from soybeans is also used. Unlike traditional oil-based inks, they cause less environmental harm.
One of the restraining factors of analysts is the issues related to the confidentiality and protection of personal data. Print management software monitors users' activity and needs, and analyzes document metadata, adding to concerns about possible leaks, particularly in sectors such as BFSI (Banking, Financial Services and Insurance), healthcare and law.
According to the deployment method, the market is segmented into local and cloud solutions. In 2024, the second type of platform prevailed: cloud systems eliminate the need for local infrastructure costs, including print servers, office space and IT support. On the other hand, local products allow you to better meet the needs of a particular organization, as well as provide improved control over data and operations. Geographically, North America was leading, accounting for 35.7% of costs, or $0.85 billion. Globally, significant players are named:
- PaperCut Software;
- MyQ;
- Vasion;
- PressWise;
- InfoFlo Print;
- DocketManager;
- Xerox;
- HiFlow;
- DynamicsPrint;
- ePS Pace;
- Printers Plan;
- OnPrintShop;
- QuickEasy BOS ERP;
- Tungsten;
- MyQ X.
Fortune Business Insights believes that in the future, the CAGR in the market under consideration will be 8.1%. As a result, by 2032, costs could increase to $4.39 billion.[1]
Notes
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