Gartner Reports Printer, Copier and MFP Shipments in India Increased 5.4% YOY in 4Q2012

According to Gartner, Inc., the combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totaled 676,263 units in the fourth quarter of 2012. This represents a 5.4% increase, year-over-year (YOY) compared to 4Q2011. Total end user spending grew by 27% in the same period, totaling USD $219.8 million.

Amrita Choudhury, a Research Analyst at Gartner said, “In the fourth quarter of 2012, vendors focused on strengthening their channel partners and engaged them in more channel program initiatives,” adding that “most vendors worked closely with the education and public sector units to win deals in both products and services.”

HP’s market share totaled 54%, remaining the market leader in the Indian printer, copier and MFP market. Canon ranked second with a 21% share. Samsung accounted for 8%, while Epson captured 6% of the market in 4Q2012.

The A4 MFP segment grew by 39.7% YOY, compared to 4Q2011. HP’s shipments grew 56.6 %, as its market share totaled 55.6 %. Samsung grew 45.2% with its market share reaching 21.2%. Canon’s shipments declined 17.8% compared to 4Q2011, accounting for only 10.3% of the market.

The A3 MFP segment grew by 19.8% compared to 4Q2011. Canon led the market with 24.1% market share. Ricoh ranked No. 2 with a 17.8% market share. At 14.5% of the market, Konica Minolta ranked No. 3. Canon and Ricoh both performed well in the mid-segment. Canon had a growth of 13.5% and Ricoh 7%. Konica Minolta grew 9% compared to 4Q2011.

The page printer market generally underwent a decline of 6.4% in the 4Q2012. HP remained the market leader with 54.6% market share, followed by Canon at 27.6%, and Samsung with10.5% in 4Q2012. HP suffered a decline of 5.6%; Canon and Samsung also shrunk by 13.2% and 12.4%, respectively.

Page printers in the 31-40 ppm and 41-69 ppm segments did well. Since they meet the purposes of small and medium size business (SMB) organizations in India, they are well-received in the market, especially among the financial institutions, medical, public and hospitality sectors.

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