Managed print services market seen reaching $117.5B by 2035

Managed print services are projected to nearly double by 2035 as companies push for lower printing costs, tighter document security and more automated workplace operations. Market Research Future says cloud tools, hybrid work and digital transformation are driving demand across enterprise sectors.

Why it matters: - Managed print services are becoming a core workplace tool as companies try to cut printing costs, protect documents and simplify device management. - The market is projected to rise from about USD 50.18 billion in 2025 to USD 117.52 billion by 2035, signaling sustained demand for outsourced print operations. - The forecast implies that print management is shifting from a back-office function to part of broader digital transformation efforts.

What happened: - Market Research Future projected the global managed print services market will reach nearly USD 117.52 billion by 2035. - The market is expected to total about USD 54.95 billion in 2026, up from roughly USD 50.18 billion in 2025. - The report puts the compound annual growth rate at 9.62% from 2026 through 2035. - The market report was published from Berlin on July 3, 2026. - A sample PDF is available here.

The details: - Managed print services outsource print management tasks to specialized providers. - Core services include device management, print monitoring, workflow optimization, supplies management, maintenance and security. - Enterprises use these services to lower operating costs, improve device use, strengthen compliance and reduce environmental impact. - Demand is being pushed by cloud-based print management, remote device monitoring, workflow automation and secure document handling. - The report says cost optimization remains a primary driver because many organizations still manage large printer and multifunction device fleets. - Digital transformation is also accelerating adoption as companies connect document management systems with print infrastructure. - Cloud printing and automated workflows support hybrid and remote work by allowing secure access from multiple locations. - Security features now include advanced authentication, encrypted printing, user access controls and audit trails. - The market still faces barriers, including upfront implementation costs, integration with legacy systems, resistance to organizational change and falling office print volumes from paperless initiatives. - Growth opportunities are coming from artificial intelligence, Internet of Things-enabled printers, predictive maintenance, advanced analytics and cloud-native platforms. - Sustainability programs are also supporting adoption through lower paper use, lower energy consumption and reduced carbon emissions.

Between the lines: - The market is expanding because enterprises want fewer standalone print tools and more centralized workplace systems. - Cloud, AI and IoT are changing managed print from a maintenance service into a data-driven operations layer. - Security and compliance are now selling points, not just add-ons, as organizations handle more sensitive digital documents. - The strongest vendors will likely be the ones that bundle fleet management, analytics, cybersecurity and workflow automation into one platform.

What's next: - Cloud-based managed print services are expected to grow fastest because they simplify administration and support remote access. - North America is likely to keep the largest share because of mature enterprise IT spending and digital workplace adoption. - Asia-Pacific is expected to post the fastest growth as digitalization, cloud use and office automation expand. - Vendors are likely to keep adding AI and machine learning features for predictive maintenance, workload balancing and service optimization. - Strategic partnerships and acquisitions should continue as providers build broader managed workplace offerings.

The bottom line: - Managed print services are evolving from cost-saving tools into security- and automation-focused workplace platforms, with cloud adoption set to do most of the heavy lifting.