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Canada Managed Print Services Market

ID: MRFR/ICT/56222-HCR
200 Pages
Aarti Dhapte
October 2025

Canada Managed Print Services Market Research Report By Organisation (Medium and Small Enterprises, Large Enterprises), By Type (Metal, Polymer, Others), By Deployment Model (On-Cloud, Premise) and By End Users (Telecommunications and IT, Healthcare, BFSI, Others)-Forecast to 2035

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Canada Managed Print Services Market Summary

As per MRFR analysis, the managed print-services market Size was estimated at 5.13 USD Billion in 2024. The managed print-services market is projected to grow from 5.55 USD Billion in 2025 to 12.2 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.2% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Canada managed print-services market is experiencing a shift towards sustainability and customization, driven by technological advancements.

  • Sustainability initiatives are becoming increasingly prevalent as organizations seek to reduce their environmental impact.
  • Customization of services is gaining traction, allowing businesses to tailor solutions to their specific needs.
  • Data security remains a critical focus, as companies prioritize the protection of sensitive information.
  • Cost efficiency and technological advancements in printing solutions are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 5.13 (USD Billion)
2035 Market Size 12.2 (USD Billion)

Major Players

Xerox (US), HP Inc. (US), Canon (JP), Ricoh (JP), Konica Minolta (JP), Lexmark (US), Sharp (JP), Epson (JP), Brother (JP)

Canada Managed Print Services Market Trends

The managed print-services market is currently experiencing a notable evolution, driven by advancements in technology and changing business needs. Organizations are increasingly recognizing the value of optimizing their printing processes to enhance efficiency and reduce costs. This shift is largely influenced by the growing emphasis on sustainability, as companies seek to minimize their environmental impact. As a result, many are adopting eco-friendly practices, such as reducing paper usage and implementing energy-efficient devices. Furthermore, the integration of cloud-based solutions is transforming how businesses manage their printing needs, allowing for greater flexibility and accessibility. In addition, the managed print-services market is witnessing a rise in demand for customized solutions tailored to specific organizational requirements. This trend indicates a move away from one-size-fits-all approaches, as businesses seek to align their printing strategies with their unique operational goals. The focus on data security is also becoming increasingly prominent, with organizations prioritizing secure printing solutions to protect sensitive information. Overall, the managed print-services market is poised for continued growth, driven by technological advancements and a commitment to sustainability.

Sustainability Initiatives

The managed print-services market is increasingly influenced by sustainability initiatives. Organizations are prioritizing eco-friendly practices, such as reducing paper consumption and utilizing energy-efficient devices. This trend reflects a broader commitment to environmental responsibility, as businesses aim to minimize their carbon footprint and promote sustainable operations.

Customization of Services

There is a growing demand for customized solutions within the managed print-services market. Businesses are moving away from generic offerings, seeking tailored services that align with their specific operational needs. This trend highlights the importance of flexibility and adaptability in meeting diverse client requirements.

Focus on Data Security

Data security is becoming a critical concern in the managed print-services market. Organizations are increasingly prioritizing secure printing solutions to safeguard sensitive information. This trend underscores the necessity for robust security measures, as businesses aim to protect their data from potential breaches.

Canada Managed Print Services Market Drivers

Regulatory Compliance and Governance

Regulatory compliance is becoming an essential driver for the managed print-services market in Canada. Organizations are increasingly required to adhere to various regulations regarding data protection, environmental sustainability, and waste management. The managed print-services market provides solutions that help businesses comply with these regulations by implementing secure printing practices and environmentally friendly processes. For example, many companies are now mandated to follow strict guidelines for document retention and disposal, which can be efficiently managed through outsourced print services. This focus on compliance not only mitigates risks but also enhances corporate governance, making it a critical factor in the decision-making process for organizations looking to engage with managed print services.

Cost Efficiency and Budget Management

The managed print-services market in Canada is increasingly driven by the need for cost efficiency and effective budget management. Organizations are seeking ways to reduce operational costs associated with printing, which can account for a significant portion of their overall expenses. By outsourcing print management, companies can potentially save up to 30% on printing costs. This trend is particularly relevant for small to medium-sized enterprises that may lack the resources to manage printing in-house. The managed print-services market offers tailored solutions that help organizations optimize their printing processes, reduce waste, and improve overall productivity. As businesses continue to prioritize financial sustainability, the demand for managed print services is likely to grow, reflecting a shift towards more strategic financial planning in print management.

Enhanced Focus on Customer Experience

An enhanced focus on customer experience is emerging as a key driver in the managed print-services market in Canada. Organizations are recognizing the importance of providing seamless and efficient print services to improve overall customer satisfaction. This includes offering personalized solutions that cater to specific business needs and ensuring quick response times for service requests. The managed print-services market is adapting to this demand by developing user-friendly interfaces and providing comprehensive support to clients. By prioritizing customer experience, businesses can foster stronger relationships with their clients, leading to increased loyalty and retention. This trend suggests that the managed print-services market will continue to evolve, with a greater emphasis on service quality and customer-centric approaches.

Technological Advancements in Printing Solutions

Technological advancements are playing a pivotal role in shaping the managed print-services market in Canada. The integration of cloud computing, mobile printing, and advanced analytics into print management solutions is enhancing operational efficiency. For instance, the adoption of cloud-based printing solutions allows organizations to manage their print jobs remotely, leading to increased flexibility and reduced downtime. Furthermore, the use of data analytics enables businesses to monitor their printing habits, identify inefficiencies, and make informed decisions to optimize their print environments. As technology continues to evolve, the managed print-services market is expected to adapt, offering innovative solutions that cater to the changing needs of Canadian businesses. This trend suggests a growing reliance on technology to streamline print operations and improve overall service delivery.

Environmental Sustainability and Green Initiatives

The managed print-services market in Canada is witnessing a growing emphasis on environmental sustainability and green initiatives. Organizations are increasingly aware of their ecological footprint and are seeking ways to reduce waste and energy consumption associated with printing. Managed print services offer solutions that promote sustainable practices, such as duplex printing, which can reduce paper usage by up to 50%. Additionally, many providers are implementing recycling programs for used cartridges and paper, further contributing to environmental conservation. This trend indicates a shift in corporate responsibility, where businesses are not only focused on profitability but also on their impact on the environment. As a result, the managed print-services market is likely to see a rise in demand for eco-friendly solutions that align with corporate sustainability goals.

Market Segment Insights

By Organization: Medium Enterprises (Largest) vs. Small Enterprises (Fastest-Growing)

In the Canada managed print-services market, Medium Enterprises account for the largest share, showcasing their pivotal role in driving demand for efficient print solutions. This segment is characterized by a significant adoption of managed print services to streamline operations and reduce costs. Conversely, Small Enterprises are emerging rapidly, capturing attention with their increasing need for cost-effective and scalable print management solutions. Their market presence is becoming more pronounced as they seek to enhance productivity and optimize their printing practices. Growth trends indicate that while Medium Enterprises continue to dominate, Small Enterprises are projected to witness the fastest growth trajectory in the coming years. Factors such as technological advancements, increased remote work, and the necessity for operational efficiency are driving this trend. Small Enterprises are leveraging managed print services to facilitate digital transformation and improve overall business performance, making them a focus area for service providers aiming to capitalize on these emerging opportunities.

Medium Enterprises: Dominant vs. Small Enterprises: Emerging

Medium Enterprises in the Canada managed print-services market represent a stable and significant customer base, driven by their established operations and demand for comprehensive printing solutions. They typically seek robust managed print services that enhance efficiency, security, and sustainability. In contrast, Small Enterprises are rapidly emerging, characterized by their agility and adaptability. They often require tailored solutions that fit their budget constraints yet provide the necessary functionalities to compete effectively. As these smaller organizations increasingly adopt technology-driven print solutions, they present a vital growth opportunity for managed print service providers looking to cater to a diverse client spectrum.

By Deployment Model: On-Cloud (Largest) vs. Premise (Fastest-Growing)

In the Canada managed print-services market, On-Cloud deployment model currently holds a significant share, making it the largest segment due to its flexibility and cost-effectiveness. Organizations are increasingly leaning toward cloud solutions for their printing needs, driven by the need to reduce overhead costs and improve operational efficiency. Conversely, the Premise model, although smaller in share, is gaining traction as businesses seek greater control over their printing infrastructure. Growth trends indicate that the On-Cloud segment will continue to dominate as more enterprises embrace digital transformation and remote work. Meanwhile, the Premise segment is experiencing robust growth, attributed to organizations prioritizing security, compliance, and customized solutions. The increasing demand for tailored print management services further fuels this competitive landscape, allowing Premise deployments to expand their market presence.

On-Cloud (Dominant) vs. Premise (Emerging)

The On-Cloud deployment model is recognized as the dominant choice within the Canada managed print-services market, appealing especially to organizations looking for scalable and versatile solutions. Its advantages include ease of integration, remote accessibility, and lower upfront costs. This model caters to the needs of modern businesses aiming for operational efficiency and agility. In contrast, the Premise deployment model, while considered emerging, is witnessing a surge as companies desire enhanced control over their printing systems. This model offers tailored configurations and stringent security measures, making it attractive for industries dealing with sensitive information. The demand for hybrid solutions combining both models is also on the rise as firms seek to leverage the benefits of each approach.

By End User: Telecommunications and IT (Largest) vs. Healthcare (Fastest-Growing)

In the Canada managed print-services market, the end user segment is broadly distributed among various sectors, with Telecommunications and IT holding the largest share. This sector significantly influences the overall market dynamics due to its extensive reliance on digital and print services. Healthcare closely follows, emerging as a rapidly growing segment, reflecting the increasing demand for print services in healthcare facilities for patient management and documentation needs. The growth trends in the end user segment are driven by technological advancements and changing organizational requirements. The Telecommunications and IT sector benefits from ongoing digital transformation initiatives, while the Healthcare sector is witnessing spikes in demand for print services due to regulatory requirements and the increasing adoption of electronic health records. As a result, print service providers are adapting their offerings to meet the unique demands of these segments, ensuring efficient service delivery.

Telecommunications and IT (Dominant) vs. Healthcare (Emerging)

Telecommunications and IT represents a dominant force in the Canada managed print-services market, characterized by its reliance on innovative print solutions to support vast communication networks. This segment often prioritizes cost-efficiency and quality, leading to an increased demand for managed print services that streamline workflows. Conversely, Healthcare is recognized as an emerging segment but rapidly gaining ground, driven by regulatory compliance needs and an emphasis on patient care quality. Providers in this space focus on secure, reliable printing solutions to safeguard sensitive information while enhancing operational efficiency within healthcare settings. The strategies and technological tools adopted by both segments highlight their unique characteristics and distinct market positions.

Get more detailed insights about Canada Managed Print Services Market

Key Players and Competitive Insights

The managed print-services market in Canada is characterized by a dynamic competitive landscape, driven by technological advancements and evolving customer needs. Key players such as Xerox (US), HP Inc. (US), and Canon (JP) are actively shaping the market through strategic initiatives focused on innovation and digital transformation. Xerox (US) has positioned itself as a leader in sustainability, emphasizing eco-friendly solutions that resonate with environmentally conscious consumers. Meanwhile, HP Inc. (US) continues to leverage its strong brand presence and extensive distribution network to enhance customer engagement and service delivery. Canon (JP) is also making strides in the market by integrating advanced imaging technologies into its service offerings, thereby enhancing operational efficiency and customer satisfaction.

The business tactics employed by these companies reflect a concerted effort to optimize supply chains and localize manufacturing processes. The market appears moderately fragmented, with several players vying for market share while also collaborating through strategic partnerships. This collective influence of key players fosters a competitive environment that encourages innovation and responsiveness to market demands.

In October 2025, Xerox (US) announced a partnership with a leading Canadian technology firm to develop AI-driven print management solutions. This strategic move is likely to enhance Xerox's service portfolio, allowing it to offer more personalized and efficient solutions to its clients. The integration of AI into print management could streamline operations and reduce costs, positioning Xerox favorably against its competitors.

In September 2025, HP Inc. (US) launched a new subscription-based service aimed at small and medium-sized enterprises (SMEs) in Canada. This initiative is significant as it addresses the growing demand for flexible and cost-effective printing solutions among SMEs. By providing a subscription model, HP Inc. (US) not only enhances customer loyalty but also ensures a steady revenue stream, which could be crucial in a competitive market.

In August 2025, Canon (JP) expanded its managed print services by introducing a cloud-based platform that integrates seamlessly with existing IT infrastructures. This development is indicative of Canon's commitment to digital transformation, as it allows businesses to manage their printing needs more efficiently. The cloud-based approach could potentially reduce operational costs and improve accessibility for clients, thereby strengthening Canon's market position.

As of November 2025, the competitive trends in the managed print-services market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service offerings. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Companies that prioritize innovation and sustainability are likely to differentiate themselves in this evolving market, suggesting a future where competitive advantage hinges on the ability to adapt to changing consumer preferences and technological advancements.

Key Companies in the Canada Managed Print Services Market market include

Industry Developments

In the Canada Managed Print Services Market, recent developments include a noticeable growth spurt in valuation due to increasing demand for cost-effective printing solutions and sustainability initiatives. Companies such as Xerox and Ricoh have been expanding their service offerings by integrating advanced cloud-based solutions, enhancing operational efficiency for businesses.

Notably, in July 2023, HP announced the acquisition of a Canadian-based software company, focusing on enhancing its print management capabilities. Canon has also been investing heavily in Research and Development to innovate sustainable printing technologies in Canada.

Over the past 2–3 years, there has been a growing emphasis on reducing environmental impact, with organizations like Kyocera and Brother leading the charge in eco-friendly printing practices. Recent market assessments indicate that companies are increasingly adopting Managed Print Services to streamline operations and reduce costs.

The ongoing efforts to digitalize documentation processes reflect the shifting priorities in the market, influencing how businesses manage their print resources. Additionally, the rise of remote work in Canada has diversified the Managed Print Services landscape, prompting service providers like Konica Minolta and Sharp to adapt their strategies accordingly to meet changing customer needs.

 

Future Outlook

Canada Managed Print Services Market Future Outlook

The managed print-services market in Canada is projected to grow at an 8.2% CAGR from 2024 to 2035, driven by technological advancements and increasing demand for cost efficiency.

New opportunities lie in:

  • Integration of AI-driven analytics for print optimization
  • Expansion of mobile printing solutions for remote workforces
  • Development of eco-friendly printing materials and processes

By 2035, the managed print-services market is expected to achieve robust growth and enhanced service offerings.

Market Segmentation

Canada Managed Print Services Market End User Outlook

  • Telecommunications and IT
  • Healthcare
  • BFSI
  • Others

Canada Managed Print Services Market Organization Outlook

  • Medium Enterprises
  • Small Enterprises
  • Large Enterprises

Canada Managed Print Services Market Deployment Model Outlook

  • On-Cloud
  • Premise

Report Scope

MARKET SIZE 2024 5.13(USD Billion)
MARKET SIZE 2025 5.55(USD Billion)
MARKET SIZE 2035 12.2(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 8.2% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Xerox (US), HP Inc. (US), Canon (JP), Ricoh (JP), Konica Minolta (JP), Lexmark (US), Sharp (JP), Epson (JP), Brother (JP)
Segments Covered Organization, Deployment Model, End User
Key Market Opportunities Integration of advanced analytics and automation in the managed print-services market enhances operational efficiency.
Key Market Dynamics Growing demand for sustainable printing solutions drives innovation in the managed print-services market.
Countries Covered Canada

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FAQs

What is the projected market size of the Canada Managed Print Services Market in 2024?

The projected market size of the Canada Managed Print Services Market in 2024 is valued at 3.4 billion USD.

What is the expected market size of the Canada Managed Print Services Market by 2035?

By 2035, the market is expected to grow to 8.1 billion USD.

What is the compound annual growth rate (CAGR) for the Canada Managed Print Services Market from 2025 to 2035?

The Canada Managed Print Services Market is expected to grow at a CAGR of 8.211 percent from 2025 to 2035.

Which organizations' segments are contributing to the Canada Managed Print Services Market?

The market comprises segments such as Medium and Small Enterprises, and Large Enterprises.

What is the estimated market size for Medium and Small Enterprises in the Canada Managed Print Services Market in 2024?

The estimated market size for Medium and Small Enterprises in 2024 is 1.5 billion USD.

What will be the market size for Large Enterprises in the Canada Managed Print Services Market by 2035?

By 2035, the market size for Large Enterprises is expected to reach 4.5 billion USD.

Who are the key players in the Canada Managed Print Services Market?

Key players in the market include Epson, Xerox, Kyocera, Konica Minolta, and HP among others.

What growth opportunities exist in the Canada Managed Print Services Market?

Opportunities are present due to increasing demand for efficient printing solutions across various sectors.

What challenges does the Canada Managed Print Services Market currently face?

The market faces challenges such as evolving technological advancements and competitive pricing pressures.

What is the expected growth rate of the Canada Managed Print Services Market for Medium and Small Enterprises from 2024 to 2035?

The market for Medium and Small Enterprises is expected to grow from 1.5 billion USD in 2024 to 3.6 billion USD by 2035.

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