Worldwide Hardcopy Peripherals Shipments Continue to Show Modest Growth in Q2

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The worldwide hardcopy peripherals (HCP) market grew 0.9% year over year with more than 23.5 million units shipped in the second quarter of 2018 (2Q18), according to the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker. Inkjet and laser unit shipments both expanded in the quarter, each growing 0.8% year over year.

Notable highlights from the quarter include:

• HP Inc. remained the top HCP company with 3.5% year-over-year shipment growth. Third-ranked Epson and fourth-ranked Brother also saw positive year-over-year growth, while second-ranked Canon declined 4.4% year over year.
•  Color laser 21-30 ppm devices recorded year-over-year growth of 41.1% in unit shipments. The double-digit expansion was helped by strong performances from the top companies, especially HP Inc., Brother, Canon, and Xerox.
• Epson enjoyed the largest year-over-year shipment growth, increasing 5.1% to more than 4.1 million units shipped. This was largely due to its strong growth within the Asia/Pacific and Japan regions where business inkjets and ink tank models continue to thrive.
• HP Inc. enjoyed a particularly strong performance in Asia/Pacific (excluding Japan) and the U.S. HP's growth was driven by attractive inkjet pricing deals as well as strong demand from small business customers for the Color LaserJet Pro MFP M281, a color laser device.

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International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company that activates and engages the most influential technology buyers.