Copier is the machine used for making copies of the graphic matter such as printing, pictures, or drawings. Copiers are playing an indispensable role in the business, education, and government sectors. The market of a copier is growing due to some of the factors like growing government organizations and several service industries, also there is an emerging technology in the photocopying process. While some of the factors like presence of alternative method of photocopying and trend of reprinting rather than the photocopying of the originals is retraining the market.This growth is primarily driven by Increasing government organizations and other service industries, Emerging photocopying technologies and Rise in the number of offices and educational institutes.
Globally, a noticeable market trend is evident Faster digital technologies and product innovations in the field of photocopying. Major Manufacturers, such as Canon (Japan), Kyocera (Japan), Toshiba (Japan), Xerox (United States), Ricoh (Japan), Sharp (Japan), Brother International (United States), HP (United States), KonicaMinolta (United States) and Samsung Electronics (South Korea) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
HP announced that it will conduct a presentation about the security risks associated with printers and MFPs at the following upcoming events that will be attended by IT and security compliance personnel from a variety of vertical markets
- Increasing government organizations and other service industries
- Emerging photocopying technologies
- Rise in the number of offices and educational institutes
- Faster digital technologies and product innovations in the field of photocopying
- Alternative digital methods
- Reduction in the usage of paper
- Trend of reprinting rather than photocopying originals
Easier availability of cheaper products and copier models and Emerging demand for multifunctional devices
Increasing the creation and distribution of digital documents
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