WORLDWIDE PRINTER ,COPIER & MFP SALES PLUMMET
WORLDWIDE PRINTER ,COPIER & MFP SALES PLUMMET
2009-08-28 at 12:47:21 pm #22646
MFP market in Emea falls 24%
The combined printer, copier and multifunctional product (MFP) market in Europe, Middle East and Africa (Emea) totalled about 18 million units in the first half of 2009, a 24.4 per cent decline over first half of 2008 shipments, according to research firm Gartner.”The impact of the global recession has been detrimental to consumers, businesses and vendors respectively during the first half of 2009,” said Tosh Prabhakar, Senior Analyst at Gartner.”Banks and finance institutions continue to hold back on lending, limiting the availability of credit for investment in hardware devices. With reduced budgets, businesses cannot invest in equipment and continue to hold on to existing devices, which as a result is hampering sales and impacting revenues for the print vendors.”However, as vendors see hardware sales decline, there is an upturn in vendors widening their document management software and services capabilities to help businesses reduce and better manage costs.”
In the Emea printer, copier and MFP market, each of the top-five vendors recorded a decline in the first half of 2009 . The vendors worst hit by the global recession were Hewlett-Packard and Canon, which saw their shipments fall 31.5 per cent and 25.8 per cent respectively.In contrast to worldwide figures, sales were down in the Middle East but not at the same levels.”We foresee the market in the second half of the year continuing to show a double-digit decline, and in the worst-case scenario could see a 30 per cent decrease,” said Prabhakar.
Printer market jammed by slump in sales
Falling printer shipments expected to continue after sharp decline during first half of the yearCorporate customers have been holding back IT purchases to such an extent that the EMEA printer market crashed 24% in unit terms during the first half of the year.New data from analyst firm Gartner reveals that combined sales of printers, copiers and MFPs totalled just 18 million units between January and the end of June — around six million units fewer than the same period last year.
Tosh Prabhakar, senior analyst at Gartner, says the global recession continues to be “detrimental” to the IT business and blames the limited availability of credit for the lack of hardware spending.“With reduced budgets, businesses cannot invest in new equipment and continue to hold onto existing devices, which as a result is hampering new sales and impacting revenues for the print vendors,” said Prabhakar.“However, as vendors see hardware sales decline, there is an upturn in vendors widening their document management software and services capabilities to help businesses reduce and better manage costs.”
In the EMEA printer, copier and MFP market, each of the top-five vendors suffered a decline in the first half of 2009.Market heavyweight HP and rival Canon came off worst, registering a slump in shipments of 31% and 26% respectively. The pair accounted for 56% of the market between them during the first half of 2009.Epson, Brother and Samsung also failed to post growth, although their sales did not shrink at the same rate as the market average.Printer vendors who think they have now seen the worst of it could be in for a rude awakening, according to Gartner.“We foresee the market in the second half of the year continuing to show double-digit decline, and in the worst-case scenario could reach a 30% decrease,” warned Prabhakar.
ireland:Printer, copier and MFP sales plummet
Now channel looks to managed services for salvation
A steep decline in shipments of printer, copier and multifunction (MFP) products in the first half of 2009 is likely to spur vendors and resellers to concentrate on managed print services.Latest figures from technology research specialist Gartner show shipments down nearly 25% in the first half of the year. There is no sign of a recovery in the second half, with Gartner predicting a double-digit decline which “in the worst case scenario could hit 30%”.
Gartner senior analyst Todd Prabhakar said that, with credit for investment in new hardware and reduced budgets limited, businesses were holding on to existing equipment, “hampering new sales and impacting revenues for the print vendors”.Prabhakar expects an increase in vendors “widening their document management software and services capabilities to help reduce and better manage costs”. With hardware spend frozen, vendors were looking at alternatives such as managed print services to increase revenue. “Vendors must sell services to businesses that will help them better control costs,” he said.
Gartner’s figures were published at the same time as HP’s results for the third-quarter to 31 July, which showed a 23% fall in overall printer unit shipments and a huge 42% decline in commercial printer unit shipments.Prabhakar’s comments chime with recent observations by market researcher Photizo, which reckons that over 50% of all devices will be covered by managed print services contracts. Photizo sees Europe overtaking the US to become the largest market for managed print services by 2013.Neil Dover, IPG and ISS product manager at HP distributor Clarity, said the Irish market was following the downward trend in shipments identified by Gartner, adding that a recovery appeared unlikely until the middle of next year.He agreed that MPS was “helping quite a bit” as HP started to try and take on copier vendors in the services arena. “HP has targeted a number of resellers that are qualified to promote the managed services piece,” he told Irish Computer, “and it is working very closely with them.
India rinter, copier sales down 13 percent
Bangalore, Aug 2009 Sale of printers, copiers and multifunctional office automation products witnessed a 13 percent decline in India in the first half of 2009 over the like period the previous year, said global IT research and advisory firm Gartner.
“The impact of global recession was visible in the Indian market as only 1.1 million units of office automation products, including printers and copiers could be shipped in the first six months,” Gartner principal research analyst Vishal Tripathi said in a statement.