Production Printer Shipments Approach Double-Digit Growth in Q3
December 2, 2015 | Business WireEstimated reading time: 1 minute
The worldwide production print market continues to show year-over-year growth in unit shipments, gaining 9.9% in the third quarter of 2015 (3Q15). According to the International Data Corporation (IDC) Worldwide Quarterly Production Printer Tracker, unit shipments increased to approximately 10,500 units (printers and MFPs) and shipment value increased 5.9% to more than $1.2 billion in the same time period.
Market Highlights
- All four of IDC's largest regional markets saw positive year-over-year unit growth in the production print space in 3Q15. Key contributors to the worldwide increase were Asia/Pacific (excluding Japan) with 15.7% year-over-year growth, the U.S. with 15.3%, Western Europe with 12.1%, and Japan with 1.0%.
- All categories in the production print market recorded year-over-year gains. Label & Packaging was up 15.0%, Production grew 12.7%, and Mid-Production increased 9.1%.
- High speed inkjet shipments grew 8.8% year over year. Canon, Ricoh and HP are the top 3 vendors in this space. Their combined market share accounts for more than half of the global high speed inkjet segment.
"All production-class technologies saw annual gains in the third quarter, showing the health of the worldwide digital production industry. As expected, after slipping in the second quarter, high-speed inkjet experienced a tremendous rebound in the third quarter, with system shipments growing 110% from the previous quarter and 9% annually. Hardware vendors are innovating — from monochrome laser to sheetfed inkjet — to create new applications for their customers, which is driving demand for new technology investments," said Amy Machado, Research Manager, Imaging, Printing, and Document Solutions.
Suggested Items
Omdia: OLED Monitor Display shipments to surge by 123% YoY as Top Brands Embrace its Technology in 2024
05/09/2024 | PRNewswireOLED monitor display shipments significantly increased in 2023, following an upsurge of 415% year-over-year (YoY), according to Omdia's Monitor Display & OEM Market Tracker. This trend is set to continue with Omdia forecasting a 123% YoY increase in 2024, reaching 1.84 million units, driven by industry leaders Samsung Display and LG Display.
IDTechEx Report: Illuminating the Future of Lidar in Automotive
05/09/2024 | PRNewswireIn the rapidly evolving landscape of Advanced Driver-Assistance Systems (ADAS) and autonomous driving, sensor technologies have emerged as a pivotal force driving innovations in the automotive industry.
Sondrel Awarded New Video Processor ASIC Design and Supply Contract
05/09/2024 | SondrelSondrel, a leading provider of ultra-complex custom chips for leading global technology brands, is pleased to announce that it has won a major ASIC design and supply contract for a next generation, video processing chip.
IDC Forecasts Slower Growth for Global Telecommunications Services Market: Could AI Help Telcos to Maintain Healthy Margins?
05/08/2024 | IDCWorldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker.
Simbe Partners with Plexus to Scale Manufacturing and Meet Global Retail Demand
05/08/2024 | Globe NewswireSimbe, the leading provider of Store Intelligence™ solutions that increase retailer performance through unprecedented visibility and insights, today announced a partnership with Plexus Corp. to bring its best-in-class retail robotics-as-a-service to market quickly and at global scale.