Thursday, October 21, 2010

Sizing the MPS Market

There's been a lot of talk about managed print services\ (MPS) in the MFP market lately. In our next previous edition, we'll examine where the rubber hits the road as far as document imaging and MPS. For now, here's an article from a publication called The Imaging Channel that speculates on the size of the MPS market.

On the high-end, it's being projected at $25 billion a year with projections to grow to $60 billion by 2013. That's fairly large when you consider that Harvey Spencer Associates has estimated the size of the document capture software market to be just $2 billion with projections to grow to $3 billion by 2013.

On the more conservative side, the MPS market is projected at $7-8 billion a year with 8-15% CAGR projections. I guess a lot of it has to do with how you define MPS.

Ralph

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