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South America Print Management Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Deployment, Enterprise Size, and Industry

South America Print Management Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Deployment, Enterprise Size, and Industry

  • October 2020
  • 104 pages
  • ID: 5989600
  • Format: PDF
  • The Insight Partners
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The print management software market in SAM is expected to grow from US$ 41.05million in 2019 to US$ 132.05 million by 2027; it is estimated to grow at a CAGR of 15.9% from 2020 to 2027.

Security breach is a major concern associated with the printing tasks, and print management software market protects confidential documents by ensuring that these are printed and collected only by authorized users, as these documents are for user authentication before publications.Also, print management software can be configured to demand print approvals by managers, teachers, or system administrators, who authorize it.

In many companies, employees regularly access confidential papers, salary information, and other sensitive personal information on papers which are lying open in public at print trays.Print management software eradicates such problems with its capability to facilitate secure print release.

The software provides timely release of confidential documents into print trays to keep the companies information safe.Also, print management software keeps regular check on nearby print environment with the help of automated print queue control to move projects forward.

And in time. The system also alerts when devices require any kind of maintenance, updates, or advanced troubleshooting. So enhancements in security and data management is further going to boost the growth of the SAM print management software market. Improved performance along with decreased cost of printing are among the other factors expected to positively influence the demand for print management software across SAM.

In SAM, Brazil has the highest number of the COVID-19 confirmed cases, followed by Ecuador, Peru, Chile, and Argentina.The governments of countries in SAM are taking several initiatives to protect their people and control the spread of COVID-19 across the region by imposing lockdowns, trade bans, and travel restrictions, thus affecting print management software market.

These measures are affecting the economic growth of the region due to lowered export revenues, with the drop in commodity prices and reduction in export volumes especially to major trading partners.The sharp decline in sales of smartphones, and the e-commerce industry in the region due to lockdown, measures are expected to directly impact the growth of the print management software market in this region.

In addition, online and retail distribution channels are also witnessing a negative impact due to restriction on supply chain activities and shortage of raw materials. The sharp decline in business activities and product sales limit the growth of the print management software market in SAM, and the same trend is likely to continue for the next 3–4 quarters for print management software market in SAM.

On the basis of enterprises size, the large enterprises segment led the SAM print management software market in 2019.Supply chain operations are becoming complex with the expansion of large enterprises.

Large enterprises across SAM focus on managing costs and improving their overall operational efficiencies this adopting print management software.The SAM print management software market is getting boosted by the rising urge to verify customer reviews and real-time accessibility of printing processes.

Also, multifunction device (MFD) scanning is made more accessible, smarter, and more incorporated into the industry. Hence, factors such as rising demand of prints of and increasing focus on cost management drive the growth of the SAM print management software market.

The overall SAM print management software market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the print management software market.

The process also serves the purpose of obtaining an overview and forecast for the SAM print management software market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants typically involved in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the SAM print management software market. Canon Inc.; HP, Inc.; Kofax, Inc.; ThinPrint GmbH; and Xerox Corporation are a few of the players operating in the SAM market.

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