TECH SUPPLIER Sep 2021 - Market Forecast - Doc # EUR146483721

Western Europe BPS and MPDS Forecast, 2021-2025

By: Jacqui HendriksEuropean Managed Print & Document Services (MPDS) - Research & Consulting

Abstract

This IDC Market Forecast sizes the Western European MPDS and BPS market for 2021 to 2025, providing insight into the market direction and future market opportunities.

"In 2017, IDC predicted that by 2021, 40% of companies in developed regions will have experienced double-digit declines in office-based printing," said Jacqui Hendriks, associate research director, IDC's European Managed Print and Content Services. "To a certain extent, this was the case up to early 2020, but the pandemic was the catalyst for significant market disruption, accelerated cloud technology, and workflow automation solutions adoption. The good news for print service providers is that there is still significant demand for print, and we continue to work in a hybrid paper-digital environment. However, organizations need more from their print service providers and are looking for managed service providers that can provide security solutions and services, IT services support, consultancy services to support digital transformation, and a broad selection of workflow solutions."


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