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NEW YORK, May 12, 2022 /PRNewswire/ — According to the report “Multi-functional Printer Market by Technology and Geography – Forecast and Analysis 2021-2025”, the market witnessed a YOY growth of 2.40% in 2021 and will witness a CAGR of 4% during the forecast period. The market size is expected to grow by USD 4.92 billion from 2020 to 2025.
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Vendor Insights
The multi-functional printer market is fragmented, and the vendors are deploying growth strategies such as expanding their product offerings to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Canon Inc.
- Eastman Kodak Co.
- Hewlett Packard Enterprise Development LP
- KYOCERA Corp.
- Panasonic Corp.
- Ricoh Co. Ltd.
- Samsung Electronics Co. Ltd.
- Seiko Epson Corp.
- Sharp Corp.
- Xerox Corp.
Find additional highlights on the growth strategies adopted by vendors and their product offerings. Read a Sample Report.
Global Multi-functional Printer Market Technology Outlook (Revenue, USD billion, 2020-2025)
- Inkjet – size and forecast 2020-2025
- Laser – size and forecast 2020-2025
Global Multi-functional Printer Market Geography Outlook (Revenue, USD billion, 2020-2025)
- APAC – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
- South America – size and forecast 2020-2025
Key Market Drivers & Challenges:
The increasing demand for multi-functional printers from the healthcare sector is driving the multi-functional printer market’s growth. The healthcare sector is facing significant changes, as service providers are trying to adopt digital best practices to improve their service delivery. Timely patient information exchange is important in ensuring proper care and treatment of the patient. In healthcare facilities, interdepartmental communication plays a key role in coordinating patient schedules and…
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