The research predicts a similar effect in the European market with a reduction totalling €1.56 billion in the same year.
The study was conducted by Infotrends and its Director, John Shane, commented: “It is a well known fact that managed print services are gaining share of the US and Western European office environments.”
Shane added, “Our most recent forecasts show MPS will control 28% of the US office environment print volume and 22% of the Western European office environment by 2014. However, there wasn’t a clear understanding of how MPS would impact the market for supplies, until now.”
The study, which is entitled Managed Print Services: Impact on the Supplies Market, focuses on the impact of MPS on the supplies market. It addresses the following issues:
· The overall impact on print volume, paper use, and associated supplies consumption.
· The shift to non-OEM consumables and that impact on overall aftermarket and OEM share.
· The disruption of current distribution channel dynamics.
· The impact on toner, ink, cartridges and paper.
“When compared with a baseline forecast that postulates if MPS was never invented, we see that MPS will reduce the consumption of marking supplies by 10% (6% in Western Europe) and paper by 7% (5% in Western Europe) by 2014,” continued Shane. “It is imperative that those in the supplies industry educate themselves on how to deal with the effects of MPS to take advantage of new opportunities and mitigate risk.”
InfoTrends deployed web-based questionnaires to 300-user organizations who have adopted MPS and 150 MPS providers. The regions covered were the United States and Western Europe.