The Print on Demand Software Market revenues were estimated at US$ 1.5 Bn in 2021 and is anticipated to grow at a CAGR of 31.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach US$ 30 Bn. Market revenue through Integrated print-on-demand software is expected to grow at a CAGR of 29.8%.
Print-on-demand software is a structure for overseeing and enhancing printing machines and systems in a precise and ideal way. Ventures might utilize print control software to unify the administration of printing hardware. Similarly, it likewise helps organizations in bringing down printing costs by permitting them to follow, make due, and work their whole printer armada from a solitary application interface.
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Print the board software likewise considers mailing and conveyance, as well as quick and counterbalanced printing. Since this product takes into consideration bound together to control, it can likewise be utilized to deal with copiers, scanners, and work area printers.
Print the executive’s software is accessible as an independent software and as a component of overseen print offices as installed usefulness. The market for print the demand software is to a significant extent driven by the increasing expense of sheets, printers, toner, and ink for organizations from one country to the other.
The print-on-demand model disposes of the greatest drawback of stock-based inconveniences like stock expenses, and costs, among others. It likewise wipes out the chance of stalling out with additional products that one cannot sell or stock-outs on the grounds that the product goes into formation after a demand is raised.
Competitive Landscape
The Print on Demand market is extremely competitive and the key players of the market incorporate Printful, SPOD, Gelato, Apliiq, T-Pop, Teelaunch, Vistaprint, CustomCat.
The Print-on-Demand market is highly competitive where the key players include Amplifier, Apliiq, CustomCat, Gelato, Gooten, JetPrint, Printed Mint, Printful, Inc., Printify, Inc., Printsome, Prodigi Group, Redbubble Group, T-Pop, Teelaunch, VistaPrint, and Zazzle Inc.
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Some of the key recent developments in the print-on-demand software market are as follows:
- In June 2022, Gooten announced its partnership with Fujifilm to scale print-on-demand production to businesses of all sizes. Their partnership will bring print-on-demand solutions to online merchants, small businesses, and retailers.
- In December 2021, Gooten announced that Tech Pioneers Fund, together with ff Venture Capital and KEC Ventures, has provided Gooten with an aggregate of $15 million of capital.
- In May 2021, Printful received a US$130 Mn fund from a private equity firm Bregal Sagemount. It was Printful’s first institutional investor funding.
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Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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