The International Data Corporation (IDC) has released two new studies into the IT and MPS market worldwide and in the US with analysis of business spending.
As described in the abstract, the first IDC study provides worldwide and U.S. market share data for the managed print and document services and basic print services markets for calendar years 2015 and 2016. This document updates Worldwide and U.S. Managed Print and Document Services and Basic Print Services Market Shares, 2015: Steady Pace in a Maturing Market (IDC #US40183516, May 2016), with actual data for 2016.
“The landscape for outsourced print and document services continues to evolve,” says Robert Palmer, research director, IDC’s Imaging, Printing, and Document Solutions. “Increasingly, enterprise organizations are looking to their MPDS provider for help with issues related to digital transformation and the automation of paper-based workflows. Meanwhile, the continued push downmarket is enabling smaller businesses to take advantage of MPS and various related document-based solutions and services.”
The second IDC study forecasts IT spending by small and medium-sized businesses in the United States.
“Spending on information technology by the 6.6 million small and medium-sized businesses in the United States will approach $175.8 billion in 2017, accounting for roughly 30% of overall global SMB IT spending,” says Ray Boggs, vice president, Small and Medium Business research at IDC. “Successful vendors have been responsive to changing SMB technology requirements but will be under increasing pressure to deliver near-term performance results while supporting longer-term initiatives in keeping with digital transformation, especially for more forward-looking SMBs.”