Just under a month after acquiring Lyra Research, the Photizo Group has released an update and roadmap research study on the European managed print services (MPS) sector. Among its most significant findings, the managed print services research and consulting firm predicts that the European MPS market will be the world's largest MPS market, in terms of number of companies entering into MPS contracts, by 2013. Europe is already second only to the United States in overall MPS revenues.
In its published Research entitled 2011 European MPS Market Update and Roadmap, the Photizo Group estimates that approximately 5,000 brand new MPS contract opportunities will emerge this year for MPS solution providers to bid for. The Group also gave three specific reasons for why the European MPS market will grow so rapidly in 2012 and 2013.
- The development of the MPS channel in Europe
- Strong European outsourcing trends
- European businesses are beginning to spend more money on IT solutions
The study is line with MSPmentor's prediction a few months back that Managed Document Services (MDS) would take center stage as far as the most in-demand managed service, along with mobile device management (MDM).