This IDC Market Forecast study quantifies the Western European MFP market in detail, analyzing details issues, trends, and product advances. This report contains IDC's review and forecast of the Western European MFP market 2024-2028."MFP shipments continue to decline as companies transition some of their business processes from paper to digital, but in reality, companies will employ hybrid models comprising both technologies, which means market declines will be manageable," said Phil Sargeant, Senior Program Director, IDC's Imaging Hardware and Document Solutions.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
New Business Models Can Make Printing More Cost Effective
Inhibitors
Refurbished Devices are a Direct Threat to Newly Built MFP Shipments
Ecodesign Legislation Will Have an Impact on the Ability to Reuse Devices
Weak Economic Conditions in Some Countries Will Lead to Reduced Investment in Print
Companies Continue to Reduce Their Number of Devices