This IDC study quantifies the U.S. single-function printer and multifunction peripheral market opportunities in detail, analyzing issues, trends, and product advances in these markets. Unit shipments, value of shipments, and average selling value (ASV) information is presented. Data for 2022–2024 is actual, whereas data for 2025–2029 is projected.“In 2024, the printer and MFP market declined again, following a disappointing 2023. Economic uncertainty continued through year-end in the United States, as businesses and consumers considered purchasing decisions more carefully in light of this market condition. This economic weakness is expected to persist through at least the first half of 2025. Not much growth is expected in 2025, and the market is subsequently expected to return to a long-term declining trajectory. However, longer-term growth opportunities remain in select market segments, as production printing and higher-price band inkjet offer notable growth potential.” — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Home-Based Working to Retain a Significant Presence in the Future of Work Going Forward
Shift to Color
Inhibitors
Changing Printing Habits Accelerated by the Global Pandemic Being Retained and Showing Signs of Permanence
Economic and Business Uncertainty
Market Saturation
Significant Market Developments
Changes from Prior Forecast
MFP Segment
Printer Segment
Market Definition
Technology Definitions
Inkjet
Laser
Subsegmentation
Methodology
Forecasts
Shipments
Average Selling Values and Value of Shipments
Related Research
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