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    Canada Managed Print Services Market

    ID: MRFR/ICT/56222-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    Canada Managed Print Services Market Research Report By Organisation (Medium and Small Enterprises, Large Enterprises), By Type (Metal, Polymer, Others), By Deployment Model (On-Cloud, Premise) and By End Users (Telecommunications and IT, Healthcare, BFSI, Others)-Forecast to 2035

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    Canada Managed Print Services Market Infographic
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    Canada Managed Print Services Market Summary

    As per MRFR analysis, the managed print-services market Size was estimated at 5.13 USD Billion in 2024. The managed print-services market is projected to grow from 5.55 USD Billion in 2025 to 12.2 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.2% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Canada managed print-services market is experiencing a shift towards sustainability and customization, driven by technological advancements.

    • Sustainability initiatives are becoming increasingly prevalent as organizations seek to reduce their environmental impact.
    • Customization of services is gaining traction, allowing businesses to tailor solutions to their specific needs.
    • Data security remains a critical focus, as companies prioritize the protection of sensitive information.
    • Cost efficiency and technological advancements in printing solutions are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 5.13 (USD Billion)
    2035 Market Size 12.2 (USD Billion)

    Major Players

    Xerox (US), HP Inc. (US), Canon (JP), Ricoh (JP), Konica Minolta (JP), Lexmark (US), Sharp (JP), Epson (JP), Brother (JP)

    Canada Managed Print Services Market Trends

    The managed print-services market is currently experiencing a notable evolution, driven by advancements in technology and changing business needs. Organizations are increasingly recognizing the value of optimizing their printing processes to enhance efficiency and reduce costs. This shift is largely influenced by the growing emphasis on sustainability, as companies seek to minimize their environmental impact. As a result, many are adopting eco-friendly practices, such as reducing paper usage and implementing energy-efficient devices. Furthermore, the integration of cloud-based solutions is transforming how businesses manage their printing needs, allowing for greater flexibility and accessibility. In addition, the managed print-services market is witnessing a rise in demand for customized solutions tailored to specific organizational requirements. This trend indicates a move away from one-size-fits-all approaches, as businesses seek to align their printing strategies with their unique operational goals. The focus on data security is also becoming increasingly prominent, with organizations prioritizing secure printing solutions to protect sensitive information. Overall, the managed print-services market is poised for continued growth, driven by technological advancements and a commitment to sustainability.

    Sustainability Initiatives

    The managed print-services market is increasingly influenced by sustainability initiatives. Organizations are prioritizing eco-friendly practices, such as reducing paper consumption and utilizing energy-efficient devices. This trend reflects a broader commitment to environmental responsibility, as businesses aim to minimize their carbon footprint and promote sustainable operations.

    Customization of Services

    There is a growing demand for customized solutions within the managed print-services market. Businesses are moving away from generic offerings, seeking tailored services that align with their specific operational needs. This trend highlights the importance of flexibility and adaptability in meeting diverse client requirements.

    Focus on Data Security

    Data security is becoming a critical concern in the managed print-services market. Organizations are increasingly prioritizing secure printing solutions to safeguard sensitive information. This trend underscores the necessity for robust security measures, as businesses aim to protect their data from potential breaches.

    Canada Managed Print Services Market Drivers

    Regulatory Compliance and Governance

    Regulatory compliance is becoming an essential driver for the managed print-services market in Canada. Organizations are increasingly required to adhere to various regulations regarding data protection, environmental sustainability, and waste management. The managed print-services market provides solutions that help businesses comply with these regulations by implementing secure printing practices and environmentally friendly processes. For example, many companies are now mandated to follow strict guidelines for document retention and disposal, which can be efficiently managed through outsourced print services. This focus on compliance not only mitigates risks but also enhances corporate governance, making it a critical factor in the decision-making process for organizations looking to engage with managed print services.

    Cost Efficiency and Budget Management

    The managed print-services market in Canada is increasingly driven by the need for cost efficiency and effective budget management. Organizations are seeking ways to reduce operational costs associated with printing, which can account for a significant portion of their overall expenses. By outsourcing print management, companies can potentially save up to 30% on printing costs. This trend is particularly relevant for small to medium-sized enterprises that may lack the resources to manage printing in-house. The managed print-services market offers tailored solutions that help organizations optimize their printing processes, reduce waste, and improve overall productivity. As businesses continue to prioritize financial sustainability, the demand for managed print services is likely to grow, reflecting a shift towards more strategic financial planning in print management.

    Enhanced Focus on Customer Experience

    An enhanced focus on customer experience is emerging as a key driver in the managed print-services market in Canada. Organizations are recognizing the importance of providing seamless and efficient print services to improve overall customer satisfaction. This includes offering personalized solutions that cater to specific business needs and ensuring quick response times for service requests. The managed print-services market is adapting to this demand by developing user-friendly interfaces and providing comprehensive support to clients. By prioritizing customer experience, businesses can foster stronger relationships with their clients, leading to increased loyalty and retention. This trend suggests that the managed print-services market will continue to evolve, with a greater emphasis on service quality and customer-centric approaches.

    Technological Advancements in Printing Solutions

    Technological advancements are playing a pivotal role in shaping the managed print-services market in Canada. The integration of cloud computing, mobile printing, and advanced analytics into print management solutions is enhancing operational efficiency. For instance, the adoption of cloud-based printing solutions allows organizations to manage their print jobs remotely, leading to increased flexibility and reduced downtime. Furthermore, the use of data analytics enables businesses to monitor their printing habits, identify inefficiencies, and make informed decisions to optimize their print environments. As technology continues to evolve, the managed print-services market is expected to adapt, offering innovative solutions that cater to the changing needs of Canadian businesses. This trend suggests a growing reliance on technology to streamline print operations and improve overall service delivery.

    Environmental Sustainability and Green Initiatives

    The managed print-services market in Canada is witnessing a growing emphasis on environmental sustainability and green initiatives. Organizations are increasingly aware of their ecological footprint and are seeking ways to reduce waste and energy consumption associated with printing. Managed print services offer solutions that promote sustainable practices, such as duplex printing, which can reduce paper usage by up to 50%. Additionally, many providers are implementing recycling programs for used cartridges and paper, further contributing to environmental conservation. This trend indicates a shift in corporate responsibility, where businesses are not only focused on profitability but also on their impact on the environment. As a result, the managed print-services market is likely to see a rise in demand for eco-friendly solutions that align with corporate sustainability goals.

    Market Segment Insights

    Canada Managed Print Services Market Segment Insights

    Canada Managed Print Services Market Segment Insights

    Managed Print Services Market

    Managed Print Services Market Organisation Insights

    The Organisation segment of the Canada Managed Print Services Market plays a crucial role in shaping the overall landscape of the industry. Given the increasing emphasis on efficiency and cost-effectiveness, there has been a noticeable shift towards Managed Print Services (MPS) across various organizational structures. In Canada, Medium and Small Enterprises are rapidly adopting these services to streamline their printing processes and reduce operational costs.

    The allure of Managed Print Services lies in their ability to provide tailored solutions that cater to specific needs, enhancing productivity by optimizing printing practices and minimizing waste. Large Enterprises, on the other hand, often dominate the Canadian market due to their significant print volumes and complex operational requirements.

    They leverage Managed Print Services to implement advanced technologies, such as cloud printing and secure document management, which are vital for maintaining competitiveness in today’s digital age. Furthermore, both Medium and Small Enterprises and Large Enterprises are increasingly focused on sustainability initiatives, making MPS an attractive option as it promotes environmentally friendly practices through better resource utilization.

    Managed Print Services Market Type Insights

    Managed Print Services Market Type Insights

    The Canada Managed Print Services Market is witnessing notable growth, driven by a diverse array of segments, including Metal, Polymer, and Others. Each segment plays a crucial role in enhancing operational efficiency and reducing costs for organizations across the region. The Metal segment is particularly significant, as it often pertains to durable and high-performance printing solutions widely adopted in manufacturing and industrial settings.

    Meanwhile, the Polymer segment addresses the demand for lightweight and versatile materials, catering to various printing applications from marketing to packaging needs.The Others category encapsulates emerging materials and technologies that continue to evolve, offering innovative solutions to meet changing market demands.

    As the Canadian government emphasizes sustainability and efficiency in business operations the importance of these segments is further reinforced, fostering an environment ripe for strategic investments in Managed Print Services.

    Overall, these segments collectively contribute to the growing Canada Managed Print Services Market revenue by addressing specific needs and challenges faced by businesses, thereby supporting market growth and adaptability in an increasingly digital landscape.

    Managed Print Services Market Deployment Model Insights

    Managed Print Services Market Deployment Model Insights

    The Deployment Model segment in the Canada Managed Print Services Market underscores the importance of how organizations choose to implement print solutions. With the market expected to enjoy significant growth in the coming years, businesses are increasingly exploring various models that best fit their operational needs.

    The On-Cloud deployment model has seen a rise in popularity due to its flexibility, remote accessibility, and reduced need for on-site infrastructure, aligning with the growing trend of digital transformation in Canada. This model supports organizations looking to streamline their operations and reduce costs while enhancing printing capabilities.

    Conversely, the Premise deployment model remains vital for companies that prioritize control over their print environment, ensuring data security and compliance with stringent regulations. The choice between these models is significantly influenced by an organization's size, industry, and specific printing requirements.

    Both deployment strategies contribute uniquely to the overall Canada Managed Print Services Market revenue, with businesses leveraging these models to optimize their printing processes and improve workflow efficiency. As Canadian businesses adapt to technological advancements and evolving market demands, understanding these deployment models will be critical in navigating the challenges and opportunities within the market landscape.

    Managed Print Services Market End Users Insights

    Managed Print Services Market End Users Insights

    The Canada Managed Print Services Market is witnessing a notable evolution, particularly within the End Users landscape, which encompasses key industries such as Telecommunications and IT, Healthcare, Banking, Financial Services, and Insurance (BFSI), along with Others.

    The Telecommunications and IT sector is increasingly adopting managed print services to enhance operational efficiency and streamline document management, which is essential for maintaining competitive advantages in a digital-first environment.

    In the Healthcare sector, improving patient care and ensuring compliance with regulatory standards drive the demand for effective print management solutions, as these services can support critical documentation needs.

    The BFSI segment places a premium on security and cost-effective printing solutions that support compliance and risk management, reflecting the industry's stringent requirements. Other industries also leverage managed print services to optimize printing costs and improve workflow efficiencies.

    Get more detailed insights about Canada Managed Print Services Market

    Key Players and Competitive Insights

    The managed print-services market in Canada is characterized by a dynamic competitive landscape, driven by technological advancements and evolving customer needs. Key players such as Xerox (US), HP Inc. (US), and Canon (JP) are actively shaping the market through strategic initiatives focused on innovation and digital transformation. Xerox (US) has positioned itself as a leader in sustainability, emphasizing eco-friendly solutions that resonate with environmentally conscious consumers. Meanwhile, HP Inc. (US) continues to leverage its strong brand presence and extensive distribution network to enhance customer engagement and service delivery. Canon (JP) is also making strides in the market by integrating advanced imaging technologies into its service offerings, thereby enhancing operational efficiency and customer satisfaction.

    The business tactics employed by these companies reflect a concerted effort to optimize supply chains and localize manufacturing processes. The market appears moderately fragmented, with several players vying for market share while also collaborating through strategic partnerships. This collective influence of key players fosters a competitive environment that encourages innovation and responsiveness to market demands.

    In October 2025, Xerox (US) announced a partnership with a leading Canadian technology firm to develop AI-driven print management solutions. This strategic move is likely to enhance Xerox's service portfolio, allowing it to offer more personalized and efficient solutions to its clients. The integration of AI into print management could streamline operations and reduce costs, positioning Xerox favorably against its competitors.

    In September 2025, HP Inc. (US) launched a new subscription-based service aimed at small and medium-sized enterprises (SMEs) in Canada. This initiative is significant as it addresses the growing demand for flexible and cost-effective printing solutions among SMEs. By providing a subscription model, HP Inc. (US) not only enhances customer loyalty but also ensures a steady revenue stream, which could be crucial in a competitive market.

    In August 2025, Canon (JP) expanded its managed print services by introducing a cloud-based platform that integrates seamlessly with existing IT infrastructures. This development is indicative of Canon's commitment to digital transformation, as it allows businesses to manage their printing needs more efficiently. The cloud-based approach could potentially reduce operational costs and improve accessibility for clients, thereby strengthening Canon's market position.

    As of November 2025, the competitive trends in the managed print-services market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service offerings. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Companies that prioritize innovation and sustainability are likely to differentiate themselves in this evolving market, suggesting a future where competitive advantage hinges on the ability to adapt to changing consumer preferences and technological advancements.

    Key Companies in the Canada Managed Print Services Market market include

    Industry Developments

    In the Canada Managed Print Services Market, recent developments include a noticeable growth spurt in valuation due to increasing demand for cost-effective printing solutions and sustainability initiatives. Companies such as Xerox and Ricoh have been expanding their service offerings by integrating advanced cloud-based solutions, enhancing operational efficiency for businesses.

    Notably, in July 2023, HP announced the acquisition of a Canadian-based software company, focusing on enhancing its print management capabilities. Canon has also been investing heavily in Research and Development to innovate sustainable printing technologies in Canada.

    Over the past 2–3 years, there has been a growing emphasis on reducing environmental impact, with organizations like Kyocera and Brother leading the charge in eco-friendly printing practices. Recent market assessments indicate that companies are increasingly adopting Managed Print Services to streamline operations and reduce costs.

    The ongoing efforts to digitalize documentation processes reflect the shifting priorities in the market, influencing how businesses manage their print resources. Additionally, the rise of remote work in Canada has diversified the Managed Print Services landscape, prompting service providers like Konica Minolta and Sharp to adapt their strategies accordingly to meet changing customer needs.

    Future Outlook

    Canada Managed Print Services Market Future Outlook

    The managed print-services market in Canada is projected to grow at an 8.2% CAGR from 2024 to 2035, driven by technological advancements and increasing demand for cost efficiency.

    New opportunities lie in:

    • Integration of AI-driven analytics for print optimization
    • Expansion of mobile printing solutions for remote workforces
    • Development of eco-friendly printing materials and processes

    By 2035, the managed print-services market is expected to achieve robust growth and enhanced service offerings.

    Market Segmentation

    Canada Managed Print Services Market End User Outlook

    • Telecommunications and IT
    • Healthcare
    • BFSI
    • Others

    Canada Managed Print Services Market Organization Outlook

    • Medium Enterprises
    • Small Enterprises
    • Large Enterprises

    Canada Managed Print Services Market Deployment Model Outlook

    • On-Cloud
    • Premise

    Report Scope

    MARKET SIZE 2024 5.13(USD Billion)
    MARKET SIZE 2025 5.55(USD Billion)
    MARKET SIZE 2035 12.2(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.2% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Xerox (US), HP Inc. (US), Canon (JP), Ricoh (JP), Konica Minolta (JP), Lexmark (US), Sharp (JP), Epson (JP), Brother (JP)
    Segments Covered Organization, Deployment Model, End User
    Key Market Opportunities Integration of advanced analytics and automation in the managed print-services market enhances operational efficiency.
    Key Market Dynamics Growing demand for sustainable printing solutions drives innovation in the managed print-services market.
    Countries Covered Canada

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    FAQs

    What is the projected market size of the Canada Managed Print Services Market in 2024?

    The projected market size of the Canada Managed Print Services Market in 2024 is valued at 3.4 billion USD.

    What is the expected market size of the Canada Managed Print Services Market by 2035?

    By 2035, the market is expected to grow to 8.1 billion USD.

    What is the compound annual growth rate (CAGR) for the Canada Managed Print Services Market from 2025 to 2035?

    The Canada Managed Print Services Market is expected to grow at a CAGR of 8.211 percent from 2025 to 2035.

    Which organizations' segments are contributing to the Canada Managed Print Services Market?

    The market comprises segments such as Medium and Small Enterprises, and Large Enterprises.

    What is the estimated market size for Medium and Small Enterprises in the Canada Managed Print Services Market in 2024?

    The estimated market size for Medium and Small Enterprises in 2024 is 1.5 billion USD.

    What will be the market size for Large Enterprises in the Canada Managed Print Services Market by 2035?

    By 2035, the market size for Large Enterprises is expected to reach 4.5 billion USD.

    Who are the key players in the Canada Managed Print Services Market?

    Key players in the market include Epson, Xerox, Kyocera, Konica Minolta, and HP among others.

    What growth opportunities exist in the Canada Managed Print Services Market?

    Opportunities are present due to increasing demand for efficient printing solutions across various sectors.

    What challenges does the Canada Managed Print Services Market currently face?

    The market faces challenges such as evolving technological advancements and competitive pricing pressures.

    What is the expected growth rate of the Canada Managed Print Services Market for Medium and Small Enterprises from 2024 to 2035?

    The market for Medium and Small Enterprises is expected to grow from 1.5 billion USD in 2024 to 3.6 billion USD by 2035.

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