Hardcopy Vendor Financials, 2Q24: Strong in Yen, Weak in Dollars
This IDC Market Perspective contains excerpts from public financial disclosures by leading hardcopy vendors and details the impact of inflation, economic uncertainty, and other issues facing hardcopy vendors on performance and forecasts."The second quarter of 2024 provided the illusion of prosperity, as a weakening yen gave the appearance of solid year-over-year growth. However, U.S. dollar-denominated growth was negative, as economic and geopolitical turmoil continued to cause enterprises to exercise caution when considering print infrastructure spending. The exchange rate tailwind is expected to subside in the second half of 2024, while underlying demand is likely to remain soft until strength returns to the global economy." — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC
Executive Snapshot
New Market Developments and Dynamics
Financials by Vendor
Brother
Highlights
Sales by Business Unit
Sales by Region
Key Takeaways and Outlook
Printing and Solutions Business Unit
Domino Business Unit
Inventory Notes
Canon
Highlights
Sales by Business Unit
Sales by Region
Key Takeaways and Outlook
Printing Business Unit
Inventory Notes
Epson
Highlights
Sales by Business Unit
Key Takeaways and Outlook
Office and Home Printing Business Category
Commercial and Industrial Printing Business Category