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10 Printer Industry Trends To Watch in 2019

The shift toward using multifunction printers as connected devices and a greater emphasis on print security are among the major trends in the market.

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Outlook For Print

Ultimately, even though growth has largely dried up in the print market, print remains "a colossally sized market," Kmetz said. "Our worldwide data would tell you that the hardware value alone is somewhere in the neighborhood of $45 to $50 billion on an annual basis. That is not something that you kill overnight. And if you add in the supplies component and the service component, you're exponentially growing that market. Print is huge. It's mission critical."

Thus, as much there is a push to reduce or eliminate printing in offices, "the fact is we're still processing a lot of content on paper. And we're heavily reliant on this mission-critical function," Kmetz said. "Is there a cliff on the horizon? We're not seeing signs of that."

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