Western Europe MFP Forecast, 2022–2026

Western Europe MFP Forecast, 2022–2026

This IDC Market Forecast 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 2022-2026."Supply constraints that led to market decline toward the end of 2021 will continue into 2022 and may impact some leading brands into the second half of the year. Some segments and brands will recover quicker than others, but for many, the long-term prospects are negative and may ultimately accelerate industry consolidation as the market matures," said Phil Sargeant, senior program director, Imaging, Printing, and Document Solutions.

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Supply Chain Issues will Stifle Opportunities in 2022
More Subscription and Auto-Replenishment Models will be Made Available
Increased Customer Demand for Sustainability will lead to Greater Emphasis on Recycling and Remanufacturing
The Hybrid Working Model will Give Rise to Opportunities for Additional Sales
Maturity in the MFP Market will Lead to Consolidation
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
The Hybrid Working Model Is Here to Stay, Giving Rise to Opportunities for Some
Auto-Replenishment and Subscription Services Are in Greater Demand
Inhibitors
Supply Chain Issues Continue to Stifle Opportunities
Increased Digitization will Ultimately Lead to Declines for Hardware
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
MFP Technology Definitions
Inkjet
Laser
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