Keep Your Eyes On These 8 Printer Market Trends

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.