TECH SUPPLIER Sep 2022 - Market Forecast - Doc # EUR148683822
Western Europe MPDS and BPS Forecast, 2022-2026
This IDC Market Forecast sizes the Western European MPDS and BPS market for 2022 to 2026, providing insight into the market direction and future market opportunities. In IDC's accompanying Western Europe MPDS and BPS Vendor Shares, 2021: Print Services for All (IDC #EUR148684222, September 2022), we discuss the pandemic's impact on 2021 vendor shares and revenues.
"Printing, like other industries, is subject to the negative impact of external forces such as the lingering effects of the pandemic including supply chain issues, shortages, price increases, rising energy bills, the cost-of-living crisis, and the ramifications of the Russia-Ukraine War. Additionally, and uniquely, the print business is being eroded by digitization. But with every threat comes opportunity, and while the printed page is diminishing, there is still a requirement for the provision of a variety of print services," said Sharon McNee, research manager, European Managed Print and Content Services. "Undoubtedly, the way print services are comprised, packaged, and delivered will need to evolve with the times, but providers must seize the opportunity to tap into the need for print and document management expertise from basic supplies provision to subscriptions through fleet optimization and management to complete digital transformation services."
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