Western Europe Laser Printer and MFP Forecast, 2021–2025
This IDC Market Forecast quantifies the Western European laser printer and MFP market in detail, analyzing details issues, trends, and product advances. This report contains IDC's review and forecast of the Western European hardcopy market for 2021 to 2025."The Western European laser printer and MFP market is in decline. Even though the COVID-19 pandemic has led to some opportunities in areas such as A4, long-term prospects remain negative, and the market has become saturated with too many brands vying for declining sales. Some OEMs are rapidly adapting their business models to include digital and IT services while others have taken a more pragmatic approach to focus on several core areas. During the forecast period, the market will inevitably see a degree of consolidation," said Phil Sargeant, senior program director, Imaging, Printing, and Document Solutions.
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