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U.S. Printer and MFP Market Shares, 2023: Economic Uncertainty Weakens Demand Following Supply Chain Recovery

Publisher IDC
Published Apr 15, 2024
Length 53 Pages
SKU # IDC18710707

Description

U.S. Printer and MFP Market Shares, 2023: Economic Uncertainty Weakens Demand Following Supply Chain Recovery


This IDC study provides vendor market shares for the printer and MFP market for 2023."Print vendors faced a year of mixed blessings in 2023. The year began with pent-up demand as vendors were able to ship backlogged orders that had accumulated during the supply chain crisis in 2021 and 2022. However, after pent-up demand was served, vendors faced weakened demand from a soft economy, as potential customers postponed significant purchases. Economic uncertainty remains and is expected to limit opportunities until at least the second half of 2024. As the economic outlook improves in the coming quarters, success will be determined by the extent to which each vendor's product offerings meet current and evolving business needs." — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC

Please Note: Extended description available upon request.

Table of Contents

53 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
HP Inc.
Xerox
Canon
Ricoh
Konica Minolta
Market Context
Significant Market Developments
Methodology
Market Definition
Technology Definitions
Inkjet
Laser
Related Research

Pricing

Currency Rates
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