Worldwide Production Digital Printer Shipments Achieve Double-Digit Growth in Q1, According to IDC
FRAMINGHAM, MA—July 1, 2014—The worldwide production print market enjoyed double-digit year-over-year growth in both units and shipment value during the first quarter of 2014 (1Q14). Units grew 32.1 percent to approximately 9,300 units (printers and MFPs) and shipment value increased 14.4 percent to more than $1.1 billion during the quarter, according to the International Data Corporation (IDC) Worldwide Quarterly Production Printer Tracker.
On a geographic basis, all of IDC's regional markets experienced positive year-over-year unit growth in 1Q14. Key contributors to the production print market's overall growth were Western Europe, where shipments grew 43.6 percent year over year, Asia/Pacific (excluding Japan) (29.7 percent), and the United States (18 percent). Similarly, all of the production print market segments recorded year-over-year gains in 1Q14, including the Mid-Production segment, where shipments were up 37.6 percent year over year. The Production segment grew 10.9 percent in the quarter and the Label & Packaging segment gained 28.4 percent year over year.
"The worldwide production market is on an upswing, as devices targeted at different segments of the market are finding good traction. The Mid-Production space is performing well in both color and monochrome, while Production devices, both toner and inkjet, are selling well as they continue along the offset transfer path and create brand new applications within digital. 2014 is shaping up to be an exciting year, falling in the mid-drupa cycle, and we expect to see lots of new technology introductions come to market that will drive investment," said Amy Machado, Senior Research Analyst, Hardcopy Peripheral Solutions.
- IDC tracks Mid-Production, Production (full Production), and Label & Packaging devices in the Worldwide Quarterly Production Printer Tracker.
- IDC's Worldwide Quarterly Production Print Tracker includes single-function printers and multifunction printer systems (MFPs). Data for all vendors are reported for calendar periods.
Click on the table in the photo tab above to view the Worldwide Production Printer Market, Shipment Value, Market Share, and Year-Over-Year Growth Q1 2014
1 Xerox Group: Xerox, Fuji Xerox
2 Ricoh Group: Gestetner (NRG), Lanier, Nashua, Nashuatec, Rex Rotary, Ricoh, Ricoh Industry
3 Canon Group: Canon, Showa Jyoho
4 Konica Minolta Group: Develop, ITEC, Konica Minolta, Sindoh
• Totals include Mid Production, Production (full production) and Label & Packaging segments.
Click on the table (and the link) in the photo tab above to view the Top 5 Worldwide Production Print Vendors, 1Q 2014 (Share in Units)
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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. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. In 2014, IDC celebrates its 50th anniversary of providing strategic insights to help clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company.