PRINT SERVERS MARKET REPORT OVERVIEW
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The global print servers market size was USD 6503.4 million in 2022 and market is projected to touch USD 7909.01 million by 2032 at CAGR 2.0% during the forecast period.
A print server is a device or software that manages and directs print jobs over a network. It acts as an intermediary between multiple computers and printers, allowing users to send their print jobs to a centralized print server, which then sends them to the correct printer. Print servers enable efficient print management, improve productivity and reduce the need for individual printers.
Market growth is due to increasing demand for web print servers for office, home and other applications around the world. A print server can be either a host computer in a computer network with one or more shared printers, a computer implementing a printing protocol, an Internet printing protocol, and others. The advantages of using a print server are that there is no limit to the number of client systems in a given computer network, and adding new clients and printers is easy to increase efficiency, allowing the user to print from his workstation. Efficiently manages print queues with background printing and enables job prioritization.
COVID-19 Impact: Market Growth Increased by Pandemic due to Rise In Demand
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
This crisis had many direct and indirect effects on all aspects of society. Meanwhile, the digital and artificial intelligence industries can be used as professional helpers in the management and control of the outbreak. In a post-pandemic environment, organizations are trying to minimize operating and operational costs across all business functions to offset losses incurred during COVID. Businesses are quickly adopting printing software to track printer usage and department costs. Companies are now looking for software that can connect and optimize their printer. Therefore, the need to manage costs in post-COVID-19 environments will undoubtedly be a key growth factor in the use of print management software in all businesses during the forecast period.
LATEST TRENDS
"Adoption Of Cloud-Based Print Servers Will Drive Market Growth"
The global print server market is witnessing several emerging trends. First, the adoption of cloud-based print servers is quickly becoming more common because they offer better scalability, flexibility and security. Second, the demand for wireless print servers is accelerating due to the growing trend of mobile printing. Third, more and more attention is being paid to environmentally friendly printing solutions that include features such as automatic double-sided printing and energy-saving modes. In addition, the integration of advanced technologies such as artificial intelligence and machine learning is being explored to improve the efficiency and productivity of print servers. Finally, managed print services are becoming increasingly popular as organizations look to streamline their print infrastructure and reduce costs.
PRINT SERVERS MARKET SEGMENTATION
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- By Type
Based on type the global market can be categorized into Internal Print Server, External Print Server.
Internal print server and external print server. An internal print server is hardware installed on a printer that allows it to connect directly to a network.
It is usually used in smaller environments with a limited number of network printers. On the other hand, an external print server is a separate device that connects printers to a network.
It is usually used in larger environments where multiple printers need to be connected and efficiently managed. Both types facilitate the network connection of the printer, but differ in installation and operation.
- By Application
Based on application the global market can be categorized into Office, Home, Others.
In the office market, print servers are used to efficiently manage and control print jobs across multiple computers and devices in an office environment.
In the home market, they enable wireless printing and network connectivity for personal use, which facilitates convenient printing from various devices. Other markets include industries such as education, healthcare and retail stores, where print servers improve productivity and simplify printing operations in a variety of professional environments.
DRIVING FACTORS
"Growing use of Big Data platforms leads to market growth"
Many companies use Big Data platforms to gain an advantage over their competitors. Big data refers to very large data sets that must be processed using advanced techniques to obtain comprehensive information. These sets cannot be organized and stored in the usual way. As the amount of data increases, it becomes increasingly difficult for companies to collect, process, evaluate and process it using standard computer methods. That's why 42% of organizations can fund a big data strategy in less than a year. Companies using big data platforms implement printing services to streamline workflow, save costs and increase employee productivity. Print management software helps businesses use optical character recognition (OCR) to sort and organize important documents more efficiently. In addition, the printing software offers advanced security features to help protect important information from online attacks. Because of all the advantages it offers, companies that try to use big data platforms are more often using print software, which is expected to further promote the development of the print server industry.
"Increase In Demand For Printers, Spread Of Cloud Computing And Development Of Print Server Technology Augment Market Growth"
The global printer market is growing and this is increasing the demand for print servers. Cloud services are becoming more and more popular and this is increasing the demand for print servers that can print from the cloud. Print server technology has made significant advances in recent years, allowing the development of more efficient and effective print servers. Workplace security is receiving increasing attention and this is increasing the demand for print servers that help protect sensitive data.
RESTRAINING FACTORS
"Costs Of Hardware And Software Potentially Impede Market Growth"
The costs of hardware and software, as well as the costs of operation and maintenance of printers are very high, which can hinder the print servers market growth. High WAN load due to large print jobs, print data communication between remote jobs and the central print server can create a heavy load on the network.
PRINT SERVERS MARKET REGIONAL INSIGHTS
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"North America Dominating the Market due to Adoption And Technological Advancements"
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
North America is expected to hold a major print servers market share for print servers during the forecast period. In terms of adoption and technological advancements, North America is a rapidly growing region in the global printing software industry. It has an affordable printing software solution and a well-equipped infrastructure. In addition, the United States and; a broad industrial base, government programs to encourage innovation, and high purchasing power contribute to a huge market share. Most of the growth in North America and North America is in the United States. Companies using big data solutions often use print servers to save costs, improve workflows and increase employee productivity. North America is projected to account for the largest market share in 2022 due to the widespread use of managed printing services in the US government and healthcare sectors. The demand is expected to be fueled by expected acquisitions and recently launched initiatives to increase exposure. awareness of managed printing services. Growing demand for cloud-based managed printing services in North America is driving the market and expanding.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The print servers market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
List of Market Players Profiled
- D-Link (Taiwan)
- HP (U.S.)
- BrOthers International (U.S.)
- Startech (Canada)
- Dymo (U.S.)
- Linksys (U.S.)
- Canon (Japan)
- Edimax (Taiwan)
- Xerox (U.S.)
- IOGEAR (U.S.)
- NETGear (U.S.)
- TRENDnet (U.S.)
INDUSTRIAL DEVELOPMENT
July 2023: D-Link, a global leader in networking and connectivity, today introduced its Made in India surveillance solution christened "Indigenous Series". As the name suggests, the D-Link Indigenous series includes a surveillance solution designed and manufactured in India
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 6503.4 Million in 2022 |
Market Size Value By |
US$ 7909.01 Million by 2032 |
Growth Rate |
CAGR of 2% from 2022 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the print servers market expected to touch by 2032?
The global print servers market is expected to reach USD 7909.01 million by 2032.
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What CAGR is the print servers market expected to exhibit by 2032?
The print servers market is expected to exhibit a CAGR of 2.0% by 2032.
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Which are the driving factors of the print servers market?
Growing use of Big Data platforms and increase in demand for printers, spread of cloud computing and development of print server technology are some of the driving factors of the market.
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What are the key print servers market segments?
The key market segmentation that you should be aware of, which include, Based on type the print servers market is classified as Internal Print Server, External Print Server. Based on application the print servers market is classified as Office, Home, Others.