target audience: TECH SUPPLIER Publication date: Nov 2024 - Document type: Market Share - Doc Document number: # US52679324
Worldwide and U.S. Device and Print Management Market Shares, 2023: 4Q24 Update — Cloud Transition Continues
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Abstract
This IDC study provides the worldwide and U.S. market share data for the device management and print management markets for the calendar year 2023. It reflects revenue and shares consistent with IDC’s 1H24 Worldwide Semiannual Software Tracker.
“The print and device management market faces challenges posed by an increasingly hybrid workforce, declining page volume, and print fleet reductions. However, these challenges provide opportunities as product advancements can allow vendors to address IT managers’ pain points, in part by judiciously leveraging AI. In addition, simpler print and device management offerings, including self-service SaaS products, are expanding the demand for device and print management increasingly into the SMB market. Although legacy on-premises software solutions still produce a declining majority of device and print management revenue, future growth opportunities reside in the cloud.” — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions group at IDC