Western Europe MFP Forecast, 2024-2028
Despite some segment increases in 2023, the MFP market will continue to decline. It has suffered over recent years due to the COVID-19 pandemic as well as inventory and supply issues. Now, the market is in a period of economic uncertainty for both home and business markets, said Phil Sargeant, Senior Program Director, Imaging Hardware, 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
- Demand for Color Devices is Increasing Across all Industries
- The Number of Subscription Services Available for Home and Businesses Will Increase
- Inhibitors
- The Weak Economic Situation is Leading to Reduced Investment in Print
- Fewer Employees in the Office Will Reduce Demand for MFPs
- Legislation on Recycling and Reuse Will Lead to Increased Costs for OEMs
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- General Notes
- Technology Definitions
- Inkjet
- Laser
- Methodology
- Related Research
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