by Hunter Feybusch
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by Hunter Feybusch
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- Report From Grand View Research
- Global market for printers to reach $71.04 billion by 2030
- CAGR (cumulative annual growth rate) of 4.7%
- MFPs up 6.2%
- 3D printers up 7%
- Color output devices will be 53.7% of market
- Increasing demand for wireless connectivity, cloud printing, mobile device connectivity
- Also increase in need for on-demand printing of packaging and labels
Report Published by SkyQuest Research Global Market MFPs was valued at $74.8 billion in 2023 Includes Inkjet and toner based devices Reached a total of $78.3 billion in 2024 Projected to surpass $113.5 billion in 2035 CAGR of 4.7% Top Vertical Markets for growth are: Healthcare Banking/Finance/insurance Government Education Top reasons customers want to acquire […]
Report published by Kaspersky Daily The security vulnerability is some Canon laser printers and MFP’s could allow a hacker to “execute malicious code” exploiting it merely require sending an innocent-looking file to print” Canon claims to have made available firmware update to resolve the issue
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

