Western Europe Hardcopy Forecast Update, 2023–2027
This IDC Market Forecast quantifies the Western Europe hardcopy market in detail, analyzing details issues, trends, and product advances. This report contains IDC's review and forecast of the Western European MFP market for 2023 to 2027."Demand for hardcopy devices continues to remain strong from consumers and businesses — many recognize that the printed page remains a vital part of their home and business processes. Leading brands are capitalizing on increased demands for remote workers by providing additional software and solutions such as cloud, security, and print management," said Phil Sargeant, senior program director, Imaging, Printing, and Document Solutions.
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Hybrid and the Return to Work Could Lead to New Opportunities
Print-as-a-Service Models Could Make Print More Cost Effective
Inhibitors
Inflation Remains High and the Economic Outlook Is Weak
Continued Demand for Refurbished Devices Might Reduce Investment in New Models
Increased Demand for Shared Devices Could Lead to Fewer Devices