Lewes, DE -- (SBWire) -- 01/20/2016 --Report forecast the global MFP market to grow at a CAGR of 2.15% by revenue during the period 2016-2020.
MFPs can perform multiple functions like printing, faxing, scanning, and photocopying. These are used mainly in homes and offices due to their small size, versatility, reliability, and ease of use. For businesses, MFPs help to reduce capital costs and provide flexibility, as they have multiple functions. This eliminates the need for purchasing different peripherals such as copiers, printers, and scanners in business environments. They are also finding places in homes, as people want convenience with regards to printing and scanning.
The report covers the present scenario and the growth prospects of the global MFP market for 2016-2020. To calculate the market size, the report uses the total shipments of MFPs and the revenue generated by vendors.
The market is divided into the following regions based on geography:
- Americas
- APAC
- EMEA
Global MFP Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Canon
- HP
- Seiko Epson
- Brother International
- Samsung
Other prominent vendors
- Lexmark
- Panasonic
- Dell
- Oki Data
- Ricoh
- Xerox
- Kyocera
- Kodak
- Konica Minolta
- Olivetti
- Sharp
- Toshiba
- Sindoh
- UTAX
Market driver
- Rising expenditure on R&D and marketing
- For a full, detailed list, view our report
Market challenge
- Shift toward paperless society
- For a full, detailed list, view our report
Market trend
- Cost-driven end-users in emerging nations
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 35 pages "Global Multi-Function Printer Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market segmentation by paper size, Market segmentation by technology, Consumer buying behavior, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-multi-function-printer-market-2016-2020
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