Multi-Function Printer Market Share, Growth, and Forecasts 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.

Technavio's analysts forecast the global MFP market to grow at a CAGR of 2.15% by revenue during the period 2016-2020.

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Covered in this report

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

Technavio's report, 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 vendros

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...