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)
– Man in his 20s was arrested and sentenced to 2 years in prison in South Korea – Convicted of using a color MFP to make twenty 50,000 won banknotes Counterfeit bills used at convenience stores and restaurants
– Cyber Insider magazine published article about last week’s Pwn2Own hacking convention in Dublin, Ireland – Part of the event was a contest challenging hackers to compromise different brands of MFPs that were on stage – The following MFPs were successfully hacked, and prize money paid out: – Canon imageFORCE 1643F – Brother MFC-L8970cdw – […]
– Research published by Reliable Business Insights – Projected CAGR (compound annual growth rate) of 14.6% – Global market valued at $22.1 billion – MPS market growth driven by: o shift in demand from ownership to outcome-based solutions moving away from the capital-intensive model of buying and maintaining a fleet of printers to an […]
– Research report published by IEEE Xplore – Analyzed reliability of more than 400,000 hard disk drives from a variety of manufacturers – Includes Hitachi, Seagate, Toshiba, Western Digital, etc. – Toshiba hard disk drives between 50 and 100 months old, had a failure rate of up to 6 of 1,000 drives per month o […]
