A multi-function printer, is an office machine which incorporates the functionality of multiple devices in one, so as to have a smaller footprint in a home or small business setting (the SOHO market segment), or to provide centralized document management/distribution/production in a large-office setting. A typical MFP may act as a combination of some or all of the following devices: email, fax, photocopier, printer, scanner.
According to the new market research report “Global Multi-Function Printer Market Report 2023-2029”, published by QYResearch, the global Multi-Function Printer market size is projected to reach USD 24.71 billion by 2029, at a CAGR of 2.6% during the forecast period.
Figure. Global Multi-Function Printer Market Size (US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Multi-Function Printer Market Report 2023-2029.
Figure. Global Multi-Function Printer Top 14 Players Ranking and Market Share(Based on data of 2021, Continually updated)
Based on or includes research from QYResearch: 2021 data information of Global Multi-Function Printer Market Report 2023-2029.
The global key manufacturers of Multi-Function Printer include HP, Ricoh, Canon, Epson, Brother, Xerox, Konica Minolta, Kyocera, Lexmark, Sharp, etc. In 2021, the global top five players had a share approximately 61.0% in terms of revenue.
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