Over the last five years, the office technology industry has been characterized by two distinct trends. The first, page volume decline, has been a tumultuous storm exacerbated by a pandemic and acceleration in remote work arrangements and digital alternatives to paper communication. The second has been the rapid consolidation of retail dealers through continued mergers and acquisitions. One of the more interesting dynamics in our industry is the consistency related to M&A. Despite the challenges imposed by COVID and the more recent economic conditions, M&A has plugged right along. What then can we expect for the remainder of 2023 and looking ahead to 2024?
Find out by reading the remainder of my blog at The Imaging Channel.