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    Canada Managed Print Services Market

    ID: MRFR/ICT/56222-HCR
    200 Pages
    Aarti Dhapte
    September 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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    Table of Contents

    Canada Managed Print Services Market Summary

    The Canada Managed Print Services market is projected to grow significantly from 3.4 USD Billion in 2024 to 8.1 USD Billion by 2035.

    Key Market Trends & Highlights

    Canada Managed Print Services Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 8.21% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 8.1 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 3.4 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of managed print services due to increasing demand for cost efficiency is a major market driver.

    Market Size & Forecast

    2024 Market Size 3.4 (USD Billion)
    2035 Market Size 8.1 (USD Billion)
    CAGR (2025-2035) 8.21%

    Major Players

    Epson, Xerox, Synnex, Kyocera, Konica Minolta, Brother, Toshiba, Ricoh, Canon, Lexmark, Sharp, Verizon, HP, Dell, Print Audit

    Canada Managed Print Services Market Trends

    The Canada Managed Print Services market is expanding rapidly, pulled forward by a blend of interlocking factors. Firms from coast to coast now search for ways to run leaner, cut print-related spending, and lessen their environmental footprint.

    Federal and provincial programs that champion digital innovation and greener practices further tilt the playing field, urging businesses to match their printing habits with broader sustainability objectives.

    Several gaps await filling, especially the surge in appetite for cloud-connected print hubs and analytics-rich software that simplify queues and boost output. With remote work still a fixture, employers seek agile systems that permit safe printing from home offices or shared workspaces, pushing demand for solutions designed with mobility in mind.

    Recent surveys underline this shift, pinpointing a growing preference for packages that blend devices, applications, and hands-on support into one cohesive offering. As a result, an increasing number of Canadian enterprises now sign all-encompassing contracts that cover not just printing, but also scanning, long-term archiving, and end-to-end document management.

    Alongside recent leaps in artificial intelligence and automation, print service providers are now prioritizing smart print technologies that streamline workflows and cut excess output. Equally important, close cooperation between IT teams and print staff is gaining traction as organizations pursue all-inclusive document management that supports broader digital-transformation goals.

    Canada Managed Print Services Market Drivers

    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 Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The Canada Managed Print Services Market is currently characterized by a dynamic and competitive landscape that has evolved significantly over the years.

    As businesses increasingly seek efficient solutions for their printing needs, numerous players are vying for market share by offering a wide range of services that focus on cost reduction, improved productivity, and enhanced document management. This market has been shaped by factors such as technological advancements, a rising emphasis on sustainability, and the growing need for integrated printing solutions.

    Consequently, companies are continually adapting their strategies to stay relevant and appealing to customers seeking comprehensive managed print services. The competition is not solely based on pricing but also on the value-added services, innovative technology, and customer support capabilities that companies provide.

    Epson has established a prominent position within the Canada Managed Print Services Market by leveraging its strengths in technology-driven solutions and sustainability initiatives. The company is well-regarded for its energy-efficient printers and multi-functional devices, which resonate with Canadian businesses looking for environmentally friendly options.

    Epson’s commitment to innovation is evidenced by its focus on high-performance printing technologies and the provision of tailored managed print solutions that suit a variety of business needs. The company’s distribution network and customer service capabilities enhance its presence in Canada, allowing it to build strong relationships with clients across various sectors.

    This strategic approach, coupled with its reputation for reliability, solidifies Epson’s competitive edge in the managed print services arena.Xerox, another significant player in the Canada Managed Print Services Market, is recognized for its comprehensive suite of products and services tailored for diverse business environments.

    The company's offerings include high-quality printing devices, document management solutions, and robust software applications designed to optimize printing workflows. Xerox's strength lies in its ability to deliver customized solutions that meet specific customer needs, which has led to a sizable market presence across Canada.

    Additionally, the company has pursued strategic mergers and acquisitions to expand its operational capabilities and strengthen its competitive position.

    Through these efforts, Xerox continues to enhance its service portfolio, ensuring businesses can reduce costs while improving efficiency and productivity. The focus on innovation and customer-centric solutions enables Xerox to maintain its status as a leader in the managed print services sector in Canada.

    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.

    Market Segmentation

    Outlook

    • Telecommunications and IT
    • Healthcare
    • BFSI
    • Others

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 2.93(USD Billion)
    MARKET SIZE 2024 3.4(USD Billion)
    MARKET SIZE 2035 8.1(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.211% (2025 - 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 Epson, Xerox, Synnex, Kyocera, Konica Minolta, Brother, Toshiba, Ricoh, Canon, Lexmark, Sharp, Verizon, HP, Dell, Print Audit
    SEGMENTS COVERED Organisation, Type, Deployment Model, End Users
    KEY MARKET OPPORTUNITIES Increased demand for cost savings, Growth of cloud-based solutions, Rising focus on sustainability initiatives, Expansion of remote workforce solutions, Integration of AI technologies
    KEY MARKET DYNAMICS Growing demand for cost reduction, Increasing need for sustainability, Adoption of cloud-based solutions, Enhanced focus on data security, Rising interest in automation technologies
    COUNTRIES COVERED Canada

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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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.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. Canada
    59. Managed Print Services Market, BY Organisation (USD Billion)
    60. Medium
    61. and Small Enterprises
    62. Large Enterprises
    63. Canada
    64. Managed Print Services Market, BY Type (USD Billion)
    65. Metal
    66. Polymer
    67. Others
    68. Canada
    69. Managed Print Services Market, BY Deployment Model (USD Billion)
    70. On-Cloud
    71. Premise
    72. Canada
    73. Managed Print Services Market, BY End Users (USD Billion)
    74. Telecommunications
    75. and IT
    76. Healthcare
    77. BFSI
    78. Others
    79. Competitive Landscape
    80. Overview
    81. Competitive
    82. Analysis
    83. Market share Analysis
    84. Major
    85. Growth Strategy in the Managed Print Services Market
    86. Competitive
    87. Benchmarking
    88. Leading Players in Terms of Number of Developments
    89. in the Managed Print Services Market
    90. Key developments
    91. and growth strategies
    92. New Product Launch/Service Deployment
    93. Merger
    94. & Acquisitions
    95. Joint Ventures
    96. Major
    97. Players Financial Matrix
    98. Sales and Operating Income
    99. Major
    100. Players R&D Expenditure. 2023
    101. Company
    102. Profiles
    103. Epson
    104. Financial
    105. Overview
    106. Products Offered
    107. Key
    108. Developments
    109. SWOT Analysis
    110. Key
    111. Strategies
    112. Xerox
    113. Financial
    114. Overview
    115. Products Offered
    116. Key
    117. Developments
    118. SWOT Analysis
    119. Key
    120. Strategies
    121. Synnex
    122. Financial
    123. Overview
    124. Products Offered
    125. Key
    126. Developments
    127. SWOT Analysis
    128. Key
    129. Strategies
    130. Kyocera
    131. Financial
    132. Overview
    133. Products Offered
    134. Key
    135. Developments
    136. SWOT Analysis
    137. Key
    138. Strategies
    139. Konica Minolta
    140. Financial
    141. Overview
    142. Products Offered
    143. Key
    144. Developments
    145. SWOT Analysis
    146. Key
    147. Strategies
    148. Brother
    149. Financial
    150. Overview
    151. Products Offered
    152. Key
    153. Developments
    154. SWOT Analysis
    155. Key
    156. Strategies
    157. Toshiba
    158. Financial
    159. Overview
    160. Products Offered
    161. Key
    162. Developments
    163. SWOT Analysis
    164. Key
    165. Strategies
    166. Ricoh
    167. Financial
    168. Overview
    169. Products Offered
    170. Key
    171. Developments
    172. SWOT Analysis
    173. Key
    174. Strategies
    175. Canon
    176. Financial
    177. Overview
    178. Products Offered
    179. Key
    180. Developments
    181. SWOT Analysis
    182. Key
    183. Strategies
    184. Lexmark
    185. Financial
    186. Overview
    187. Products Offered
    188. Key
    189. Developments
    190. SWOT Analysis
    191. Key
    192. Strategies
    193. Sharp
    194. Financial
    195. Overview
    196. Products Offered
    197. Key
    198. Developments
    199. SWOT Analysis
    200. Key
    201. Strategies
    202. Verizon
    203. Financial
    204. Overview
    205. Products Offered
    206. Key
    207. Developments
    208. SWOT Analysis
    209. Key
    210. Strategies
    211. HP
    212. Financial
    213. Overview
    214. Products Offered
    215. Key
    216. Developments
    217. SWOT Analysis
    218. Key
    219. Strategies
    220. Dell
    221. Financial
    222. Overview
    223. Products Offered
    224. Key
    225. Developments
    226. SWOT Analysis
    227. Key
    228. Strategies
    229. Print Audit
    230. Financial
    231. Overview
    232. Products Offered
    233. Key
    234. Developments
    235. SWOT Analysis
    236. Key
    237. Strategies
    238. References
    239. Related
    240. Reports
    241. LIST
    242. OF ASSUMPTIONS
    243. Canada Managed Print Services Market SIZE
    244. ESTIMATES & FORECAST, BY ORGANISATION, 2019-2035 (USD Billions)
    245. Canada
    246. Managed Print Services Market SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035
    247. (USD Billions)
    248. Canada Managed Print Services Market SIZE
    249. ESTIMATES & FORECAST, BY DEPLOYMENT MODEL, 2019-2035 (USD Billions)
    250. Canada
    251. Managed Print Services Market SIZE ESTIMATES & FORECAST, BY END USERS, 2019-2035
    252. (USD Billions)
    253. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    254. ACQUISITION/PARTNERSHIP
    255. LIST
    256. Of figures
    257. MARKET SYNOPSIS
    258. CANADA
    259. MANAGED PRINT SERVICES MARKET ANALYSIS BY ORGANISATION
    260. CANADA
    261. MANAGED PRINT SERVICES MARKET ANALYSIS BY TYPE
    262. CANADA
    263. MANAGED PRINT SERVICES MARKET ANALYSIS BY DEPLOYMENT MODEL
    264. CANADA
    265. MANAGED PRINT SERVICES MARKET ANALYSIS BY END USERS
    266. KEY
    267. BUYING CRITERIA OF MANAGED PRINT SERVICES MARKET
    268. RESEARCH
    269. PROCESS OF MRFR
    270. DRO ANALYSIS OF MANAGED PRINT SERVICES
    271. MARKET
    272. DRIVERS IMPACT ANALYSIS: MANAGED PRINT SERVICES
    273. MARKET
    274. RESTRAINTS IMPACT ANALYSIS: MANAGED PRINT SERVICES
    275. MARKET
    276. SUPPLY / VALUE CHAIN: MANAGED PRINT SERVICES MARKET
    277. MANAGED
    278. PRINT SERVICES MARKET, BY ORGANISATION, 2025 (% SHARE)
    279. MANAGED
    280. PRINT SERVICES MARKET, BY ORGANISATION, 2019 TO 2035 (USD Billions)
    281. MANAGED
    282. PRINT SERVICES MARKET, BY TYPE, 2025 (% SHARE)
    283. MANAGED
    284. PRINT SERVICES MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    285. MANAGED
    286. PRINT SERVICES MARKET, BY DEPLOYMENT MODEL, 2025 (% SHARE)
    287. MANAGED
    288. PRINT SERVICES MARKET, BY DEPLOYMENT MODEL, 2019 TO 2035 (USD Billions)
    289. MANAGED
    290. PRINT SERVICES MARKET, BY END USERS, 2025 (% SHARE)
    291. MANAGED
    292. PRINT SERVICES MARKET, BY END USERS, 2019 TO 2035 (USD Billions)
    293. BENCHMARKING
    294. OF MAJOR COMPETITORS

    Canada Managed Print Services Market Segmentation

    • Managed Print Services Market By Organisation (USD Billion, 2019-2035)

      • Medium and Small Enterprises
      • Large Enterprises

     

    • Managed Print Services Market By Type (USD Billion, 2019-2035)

      • Metal
      • Polymer
      • Others

     

    • Managed Print Services Market By Deployment Model (USD Billion, 2019-2035)

      • On-Cloud
      • Premise

     

    • Managed Print Services Market By End Users (USD Billion, 2019-2035)

      • Telecommunications and IT
      • Healthcare
      • BFSI
      • Others

     

     

     

     

     

     

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