Hardcopy Vendor Financials, 3Q24: The Return of Modest Growth

Hardcopy Vendor Financials, 3Q24: The Return of Modest Growth


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.“In the third quarter, almost all hardcopy vendors posted year-over-year growth for their print-related business units. Economic conditions remain soft but have continued to improve, offering an opportunity for continued recovery in the fourth quarter. However, geopolitics, an uneven global economic recovery, and the possibility of price competition are downside risks hardcopy vendors will face in 2025.” — 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

Inventory Notes

HP Inc.

Highlights

Sales by Business Unit

Key Takeaways and Outlook

Printing

Inventory Notes

Konica Minolta

Highlights

Sales by Business Unit

Key Takeaways and Outlook

Digital Workplace Business Unit

Professional Print Business Unit

Inventory Notes

Kyocera

Highlights

Sales by Business Unit

Key Takeaways and Outlook

Document Solutions Group

Inventory Notes

Ricoh

Highlights

Sales by Business Unit

Sales by Region

Key Takeaways and Outlook

Digital Services

Digital Products

Graphic Communications

Inventory Notes

Sharp

Highlights

Sales by Business Unit

Key Takeaways and Outlook

Smart Office Business Unit

Inventory Notes

Xerox

Highlights

Sales by Business Unit

Sales by Region

Key Takeaways and Outlook

Inventory Notes

Advice for the Technology Supplier

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