Global Cloud Printing Services Market Overview:
Cloud printing is a service that allows users to print from any device on the network. It connects digital devices like smartphones, laptops, and tablets, and workstations with printer stations. It has eliminated challenges such as software driver problems, compatibility issues, and device connectivity problems which were faced by traditional printing. Cloud printing services are also used in enterprises that use a LAN network. For example, shipping stores like FedEx & UPS have already taken advantage of the Internet of Things by providing cloud printing services in-store from Kiosks. Some of the players profiled in the study are Google Inc. (United States), PrinterOn Inc. (Canada), UniPrint.net. (Canada), Kyocera International, Inc. (United Kingdom), ezeep GmbH (Germany), ThinPrint Cloud Services, Inc. (United States), Levi, Ray & Shoup, Inc. (United States), Plus Technologies LLC (United States), Customweb GmbH (Germany) and Printix (Denmark).
On the basis of geography, the market of Cloud Printing Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Type, the sub-segment i.e. Public Cloud will boost the Cloud Printing Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Android will boost the Cloud Printing Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Individual will boost the Cloud Printing Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Device Type, the sub-segment i.e. Cloud-ready Printers will boost the Cloud Printing Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rapid Increase in Demand for Cloud Printing Solutions Owing To Shifting From Traditional On-Premise IT Infrastructure
- Rapid Shift to Cloud-Based Apps and Data Storage, and to Mobile Computing
- Rising Popularity of Cloud Services Due To Safety and Security
Influencing Trend
- The shift towards Web/Cloud-Based Applications and the Proliferation of Web-Connected Mobile Devices
- Integration with Third-Party Platforms
- Bring Your Own Device
Restraints
- Heavy Print Jobs Can Have Significant Cost Owing To Cloud Charge on Inbound and/or Outbound Traffic
- Replicating the Complex Printing Architectures to Cloud Not Feasible
Opportunities
- Growing Demand from Organisation for Print-on-demand owing to Cost Cutting
- Eco-friendly Technology and Government Support
Challenges
- Maintaining Trusted and Secure Connection
- No Printing is Possible When the Cloud is Too Slow or When There is a Connection Outage
Key Market Developments:
On September 19, 2016, Springfield, IL-based Levi, Ray & Shoup, Inc. (LRS) has announced that it is acquiring Stockholm, Sweden-based software company Cirrato Technologies AB (Cirrato). The Cirrato group will be a part of the Enterprise Output Management division of LRS, helping LRS expand its market reach and solution offerings.
In May 2019, a new approach to enterprise print with cloud print Infrastructure as a Service was launched by Lexmark. It is a complete as-a-service solution that utilizes IoT and cloud technologies.
Target Audience:
Cloud Printing Service Providers, Software Developers, System Integrators, IT and Telecom Industry, Government, End-Use Industry and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Cloud Printing Services market on the basis of product [Managed and Professional] , application [Desktop Printing, Remote Printing, Mobile Printing and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Cloud Printing Services market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Cloud Printing Services industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Lexmark (United States), Genius Bytes Software Solutions (Germany), Directprint (United Kingdom) and Pharos (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Cloud Printing Services market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.