Worldwide MFP and Printer Forecast, 2024–2028
This IDC study quantifies the worldwide multifunction and single-function printer market opportunity in detail, analyzing issues, trends, and product advances in this market. Unit shipments, value of shipments, and average selling value (ASV) information is presented. Data for 2021–2023 is actual, whereas data for 2024–2028 is projected. This forecast is consistent with IDC's 3Q24 Worldwide Quarterly Hardcopy Peripherals Tracker."The hardcopy peripherals market has struggled through an uncertain economic outlook in 2023 and 2024. As more economic certainty returns, printer and MFP shipments are expected to return to more modest annual declines throughout the forecast period. Even in a slowly declining market, growth opportunities exist, particularly in the color laser segment and, geographically, in emerging markets." — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
MFP Segment
Printer Segment
Market Context
Drivers and Inhibitors
Drivers
Home-Based Working Will Retain a Significant Presence in the Future of Work Going Forward
Shift to Color
Inhibitors
Changing Printing Habits Accelerated by the Global Pandemic Have Been Retained and Show 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
Sub-Segmentation
Methodology
Related Research
Research Assistance
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