by Hunter Feybusch
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by Hunter Feybusch
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- 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 new MFPs are:
- Cyber security & regulation compliance
- Cloud-Enabled
- Support Hybrid workers
- Document process workflows
Reminder that OAuth v1.0 authentification standard, co-developed by Microsoft, has been updated to OAuth 2.0 for data security reasons If customers have an older MFP that does have available new firmware to upgrade v 1.0 to 2.0, customers may have problems using some scanning features Example of how users may be impacted if still using […]
Report published by Techbrew Samsung, SK Hynix and Micron control over 90% of the world’s DRAM )dynamic Random Access Memory) chip supply Are now allocating more DRAM chip supply to AI infrastructure projects than personal devices While new DRAM manufacturing plants are planned, they will not start producing product for years Expect DRAM supply constraints […]
Heise Online News reports that HP’s Device Manager tool has several UEFI (Unified Extensible Firmware Interface) BIOS (Basic Input/Output System) firmware security vulnerabilities Could allow hackers to gain higher user privileges Several weaknesses in Curl, OpenSSL, and Tomcar HP offers patches to resolve
Report published by The Business Research Company Global MPS revenue hit $48.95 billion Will reach $53.51 billion in 2026 CAGR (cumulative annual growth rate) of 9.5% Will reach $76.83 billion by 2030 Reasons for Growth include: Rising demand for secure printing 79% of customers expect their print security budgets to increase Replacing print-only devices with […]

