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8 Printer Market Trends To Watch

The shift toward multifunction and inkjet printers are two of the major shifts in the industry, while managed print services are becoming an even greater focus in the channel.

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Multifunction Vs. Single Function

Multifunction printers (or MFPs) -- with functionality including printing, copying, scanning and faxing -- are increasingly displacing single-function printers. MFP shipments surpassed single-function device shipments in 2016, according to IDC research, and MFPs are expected to widen their lead over single-function printers in coming years. The shift is coming as businesses pursue cost efficiencies and as management of printing fleets continues to improve, Kmetz said.

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