(Norwell, MA) November 19, 2003 -- According to CAP Ventures research, 75% of federal government print jobs are outsourced to private contractors. The top 25 customers for outsourced print products during a recent twelve-month period accounted for $362.8 million alone. In a new white paper from CAP Ventures, analysts identify and discuss the key opportunities for service providers within federal, state, and local governments.
Federal, state, and local governments generate massive quantities of printed materials. Efficient performance of government duties and obligations relies on an enormous number of documents that facilitate the processes of information exchange, publishing and distribution, and training.
Although the primary focus of this report is the federal government, comparisons with state and local governments will be made when appropriate. To enable digital document service providers to capitalize on the opportunities represented by this market segment, the following key topics will be discussed in the report:
· The scope and size of government entities
· Key trends and issues facing governmental organizations
· Applications for digital and electronic delivery
· Sales and marketing strategies
As an industry for printing services, the federal government is composed of multiple markets with common, consistent, and well-documented and regulated requirements at all levels. In addition to the Federal government, there are more than 87,000 state and local government entities that are also highly document-dependent.
“Federal, state, and local governments present tremendous opportunities for digital services providers,” commented Holly Muscolino, a Director at CAP Ventures. "Despite attempts to reduce paper consumption and move to electronic document management, government entities will continue to generate significant volumes of print for the foreseeable future."
The report entitled Federal, State, and Local Governments: The On Demand Print and Document Services Opportunity is available immediately to clients of CAP Ventures' Production Workflow Solutions and On Demand Printing & Publishing Consulting Services. For more information on the report or to make a purchase, please contact Stewart MacDonald at (781) 871-9000, ext. 175 or via e-mail at [email protected]