IDC has ranked PaperCut software at number 1 for Worldwide and U.S. Device and Print Management market share in its recently published, IDC Worldwide and U.S. Device and Print Management Market Shares, 2022 report.
While navigating the hybrid working era and the uptake of cloud solutions, PaperCut gained share in the device and print management software market in 2022, retaining the number 1 position as top vendor in the market for the third year in a row.
Whereas 2021 experienced a decline in industry revenues, 2022 was marked by a slight modest recovery. With COVID-19 as a global health crisis coming to an end, businesses worldwide started returning to the office.
As a result, most vendors experienced growth in 2022. This delivered a 3.1% increase from 2021 in worldwide device and print management document solution software market sales. PaperCut remained in the top spot with $83.9 million at 12.9% market share.
IDC’s report states that PaperCut is driving the move to the cloud with public or private cloud suitable solutions. Its built-for-cloud products, PaperCut Hive and PaperCut Pocket, launched in 2021, continue to deliver on customers’ needs to save costs, simplify print enablement, and reduce waste.
Steve Holmes, Head of Global Sales & Channels, PaperCut, said: “PaperCut’s success is our channel partners’ success. Our Authorised Solution Centers, OEM partnerships, and reseller network are in tune with customer needs and the state of printing in the world today.”
