While the printing business across the globe is stagnant, India's printing industry is growing significantly. The digital printing industry especially is seeing significant transformation with new technologies and innovative applications providing cost-effective and customized solutions. The office printing segment will continue to grow and there will be an increased demand for MFPs as companies look for innovative solutions to simplify business processes. We shall continue to see accelerated movement toward more integrated work flow solutions.
Additionally, with mobile printing, cloud, advanced security features, etc. becoming more popular, we will see more such application development becoming a focus area for companies in the coming times.
Such apps will allow users to control their MFPs remotely and transmit documents to fax, email, and cloud-hosted services like Google Drive and Dropbox.