IDC Finds Growth in the United States and Canadian Printer Markets

IDC Finds Growth in the United States and Canadian Printer Markets

There was a 5.9% decline in the number of printers shipped globally during the second quarter of 2015.

The International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals (HCP) Tracker reveals total shipments fell to 24.1 million units in the worldwide hardcopy peripherals market. The value of the shipments decreased, at the same time, by 3.4% to $13.2 billion compared to the same period last year.

Despite the overall weak performance, some highlights are still of interest. Thanks to a recovering economy, the United States and Canadian markets increased 3.6% and 5.8% respectively. High-end devices showed a healthy growth, with a double-digit increase in 45ppm+ segments.

Epson lead the rankings, as its inkjet segment increased continuously. The United States and Asia/Pacific (excluding Japan) contributed significantly to Epson’s growth. HP experienced a 4.5% year-over-year (YOY) growth in the United States and Canon saw good performances in all the developed regions, with Western Europe increased 12.2% in particular.

In the battle between inkjet and laser, inkjet still accounts for the biggest market share at 58.7%, although it fell 3.3% YOY in units. Laser decreased 10.4%, while color laser segment experienced a comparatively slight decline. The color share declined to 20.7% while monochrome laser saw a 12.1% decline YOY.

The 11-20 ppm segment turned out to be the strongest speed segment, with a share of 32.3%. The HP color Laserjet Pro M277 multifunction printer (MFP) performed particularly well. The 45-69 ppm monochrome laser MFP segment demonstrated a strong performance, growing 17.3% in the second quarter, followed by the 45-69 ppm printer segment (3.0%). For mono laser 45-69ppm segment, strong performance was mainly furnished by Lexmark Mx611. 70-90 ppm color MFP segment increased 72.9% YOY, followed by 31-44ppm at 12.6% and 45-69ppm at 12.1%. In the second quarter, the overall single function printer market fell 12.6%, while total multifunction peripheral (MFP) shipments dropped 2.9%. Quite contrary, color laser speed range, especially in 31-44 ppm, increased 12.6% YOY.

Competition between A3 and A4 in the mid-speed market segment slowed during the second quarter. Market share for A4 MFP devices in the 31-69 ppm monochrome segment fell to 76.9% for the first time in the past five quarters.

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