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8 Printer Market Trends To Watch In 2018

The shift toward multifunction printers, competition in the A3 and A4 markets and printer security are among the major trends in the industry.

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Multifunction Vs. Single Function

Another shift in the office printer market is the transition away from single-function printers, and toward multi-function printers (or MFPs). MFPs bring together functionality including printing, copying, scanning and faxing -- ultimately offering greater management efficiencies and reduced costs by combining so many formerly disparate capabilities into a single package. "You don't have to manage three or four devices," Kmetz said. "And not only are managing the device, you're also managing the supplies associated with it, which are now consolidated into one device. So there's less to replenish with supplies. There's more interest in doing that." The shift to MFPs is also happening gradually, but the movement is expected to continue into the foreseeable future, he said.

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