by Hunter Feybusch
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by Hunter Feybusch
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– Research published by Exactitude Consultancy
- Market to reach $1.01 Billion by 2023
- Current market at $720 Million
- CAGR (cumulative annual growth rate) of 5%
- 38% of market is North America
– Report published by Transparency Market Research
- Sales predicted to increase 3.9% by 2031 (CAGR)
Main Reasons for above predictions is for businesses to replace print-only devices with multi-function printers for workflow benefits (such as scanning/digitizing documents)
Police in Warren, Ohio announced they are on lookout for toner thief Sam’s Club store vide camera caught man on camera stealing over $600 worth of printer ink cartridges
Research published by SNS Insider Claims that the total global MFP market was worth $42.51 billion in 2024 Projected to reach $66.65 billion by 2032 CAGR (cumulative annual growth rate) of 5.83% AIO segment (small A4 desktop units) have CAGR of 6.18% Laser-based MFPs have 60.08% of revenue
Report from HookPhish cybersecurity service Successful hack from the “INC Ransom” hacking group, which is most likely located in Russia Unknown how many customers are impacted, or if any MFPs are involved
Research published by Astute Analytica Global sales of MFPs to reach 66.2 billion by 2033 Valued at $39.9 billion on 2024 CAGR (cumulative annual growth rate) of 5.8% Total shipments to reach 143 million MFPs in 2025 One of main reasons for growth is customers looking for units with higher security
