Printer vendors maintain growth in the second quarter of 2016

Printer vendors have maintained growth in the second quarter of 2016 with an increase of shipments by ten per cent year-on-year, according to a report by the International Data Corporation’s (IDC).

The total value of printer shipments has increased, reaching $1.1 billion during the same period. Key takeaways from this report include the 66 per cent growth of high-speed ink-jet printers across the market. 

Canon, with its Océ VarioPrint i300, has seen good demand amongst consumers and Ricoh also saw its Pro VC60000 printer increase in sales. 

Amy Machado, research manager of Imaging, Printing, and DocumentSolutions, said: “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.” 

Konica Minolta beat its competition in the marketplace and is the top-performing printing vendor with 30.4 per cent year-on-year growth in units shipped. Xerox performed well and reported a healthy market share of 50.7 per cent in the second half of this year, the vendor’s growth leaped to 12.9 per cent. 

The value of shipments has been boosted, reaching 3.4 per cent. This shows that printer vendors have seen excellent growth this year, complementing the IDC report that suggests “Inkjet might be taking some of the laser share, but laser vendors are broadening their portfolios downstream”. 

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