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Shipments in the Production Printer Market Maintain Their Growth Streak, Up 10% in Q2
September 2, 2016 | IDCEstimated reading time: 1 minute
The worldwide production printer market maintained its growth streak in the second quarter of 2016 (2Q16), recording a 10.0% increase in shipments year over year. Unit shipment value also increased 3.4% to more than $1.1 billion in the same time period, according to the International Data Corporation (IDC) Worldwide Quarterly Production Printer Tracker.
Additional highlights from the worldwide production printer market in 2Q16 include the following:
- High-speed inkjet production devices saw 66% growth in system shipments on an annual basis. Canon found good demand for its sheetfed solution, the Océ VarioPrint i300, while Ricoh ramped up sales for its new Pro VC60000 platform with high image quality.
- A combined view of mid-production and full production segments showed a positive story for color laser in the quarter as well. Inkjet might be taking some of the "big iron" laser share but laser vendors are broadening their portfolios downstream.
- Konica Minolta Group outperformed all other vendors in the Top 5 by posting 30.4% year-over-year growth in units shipped.
"Successful IT suppliers can offer both inkjet and laser technologies at a variety of price points to the end-user, protecting the base while expanding into new markets," said Amy Machado, research manager, Imaging, Printing, and Document Solutions.
About IDC Trackers
IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app, available at iTunes, allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad. The IDC Tracker Chart app is also available for Android Phones and Android Tablets.
About IDC
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.
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