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Western Europe MFP Forecast, 2019-2023

Western Europe MFP Forecast, 2019-2023

This IDC Market Forecast discusses the Western Europe MFP market — segmented by speed range technology, price band, and country — as well as predicts its performance from 2019 to 2023."The MFP market is in decline, and although areas such as color may be increasing, many manufacturers are switching their resources to growth areas such as IT services. However, not all have in-house resources to enable them to do it successfully, so the industry is likely to see a wave of mergers and acquisitions of hardware suppliers, solution providers, and channel partners in today's highly competitive MFP markets," said Phil Sargeant, program director, IDC Imaging Hardware and Document Solutions.

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Technology Forecast
Country Forecast
Market Context
Drivers and Inhibitors
Inkjet is Reinvigorating Print in the Office
Smart MFP Technology is Helping Organizations Fully Utilize Their Hardcopy Devices
Contracts are Helping OEMs to Increase Sales and Secure Future Revenue Streams
Workplaces are Under Increasing Pressure to Reduce Printing Costs
Digital Transformation of the Business Process Means Fewer Printed Pages
Significant Market Developments
Kofax Continues its Acquisition Trail With an Agreement to Purchase Top Image Systems Ltd.
Xerox Reiterates its Commitment to its Core Hardcopy Portfolio but will also Invest in Other Areas
Changes from Prior Forecast
Market Definition
MFP Technology Definitions
Related Research

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