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MFP market growth report

Research published by Global Market Insights

  • Predicts that global market for MFP will see a CAGR (cumulative annual growth rate) of 5.5% from 2024 to 2032
  • Will reach $11 billion in revenue by 2032
  • Customers are looking to replace print-only devices with multi-function devices
  • Enhanced security protocols also driving customers to replace older MFPs
  • More manufacturers will move from laser to LED print engines
  • Healthcare vertical increasing demand for MFPs helps drive growth

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