Middle East & Africa Print Management Software Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Deployment (On-Premise and Cloud), Enterprise Size (Large Enterprises and Small and Medium Enterprises), and Industry (BFSI, IT and Telecom

Middle East & Africa Print Management Software Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Deployment (On-Premise and Cloud), Enterprise Size (Large Enterprises and Small and Medium Enterprises), and Industry (BFSI, IT and Telecom, Healthcare, Retail, and Other Industries)

The MEA print management software market is expected to grow from US$ 166.08 million in 2022 to US$ 341.32 million by 2028. It is estimated to grow at a CAGR of 12.8% from 2022 to 2028.

Increase in Print-on-demand Software is Fueling the MEA Print Management Software Market

Print-on-demand software awareness & adoption continue to rise in the market. This is attributed to the fact that it helps in accurately and efficiently managing & optimizing printing machines and other procedures. Also, print-on-demand software is mainly available as standalone software and embedded functionality in managed print facilities. In addition, tracking, managing, and controlling the entire printer fleet from a single application interface helps businesses save money on printing. Moreover, features such as scanners, desktop printers, and managed copiers further allow for unified control in the print management software. These factors, as a result, are anticipated to create lucrative MEA print management software market growth opportunities in the upcoming years.

MEA Print Management Software Market Overview

The MEA print management software market is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The region is expected to witness a rapid rise in marketing and industrialization, further boosting the expansion of various industries. According to the World Bank, 6 of the world's 10 fastest-growing economies of 2020 are from Africa. With such outstanding growth figures, international print management software developers are looking to exploring and investing in Africa and other emerging markets. The region comprises several growing economies, such as the UAE, South Saudi Arabia, and South Africa, which are becoming potential markets for print management software providers owing to the huge presence of diverse customer base primarily in the retail and e-commerce industries. Furthermore, with the significant effect of COVID-19 pandemic situation, the region is also projected to witness negative impact on the print management software market, as the oil-based economies have faced huge pressure due to falling oil prices. Print management software is anticipated to play a vital role in the digital revolution in the printing industry. Rapid change has also swept through the African printing industry, with digital printing technologies emerging as mainstream processes. Moreover, with technological advancements, including 3D printing, the traditional print landscape has to reposition itself in the market. The print management industry in the MEA is currently striving toward innovating solutions that would support its rapid growth. Also, various applications in the e-commerce industry, such as digital printing of photos, require the implementation of printing technology.

MEA Print Management Software Market Revenue and Forecast to 2028 (US$ Million)

MEA Print Management Software Market Segmentation

The MEA print management software market is segmented based on deployment, enterprise size, industry, and country.

Based on deployment, the MEA print management software market is bifurcated into on-premises and cloud. The cloud segment held a larger market share in 2022.

Based on enterprise size, the MEA print management software market is bifurcated into large enterprises and small and medium enterprises. The large enterprises segment held a larger market share in 2022.

Based on industry, the MEA print management software market is segmented into BFSI, IT and telecom, healthcare, retail, and other industries. Other industries segment held the largest market share in 2022.

Based on country, the MEA print management software market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of MEA. Our regional analysis states that Saudi Arabia dominated the market share in 2022.

Canon Inc; ePaper Ltd; HP Development Company, L.P.; Kofax, Inc.; PaperCut Software International Pty Ltd; Process Fusion; ThinPrint GmbH; and Xerox Corporation are the leading companies operating in the MEA print management software market.

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