INDIA : COPIER & MFP MARKET GROWS 57% IN Q3 2010

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INDIA : COPIER & MFP MARKET GROWS 57% IN Q3 2010

 user 2010-12-06 at 8:16:18 am Views: 79
  • #23907

    http://www.itnewsonline.com/news/Gartner:-India-Printer,-Copier-&-MFP-Mkt-Grew-57-Percent-in-Q3-2010/22285/3/1

    INDIA : COPIER & MFP MARKET GROWS 57% IN Q3 2010
    According
    to Gartner Inc., the combined serial inkjet and laser printer, copier
    and multifunctional product (MFP) market in India totaled nearly 0.8
    million units in the third quarter of 2010, a 57.3% increase over the
    third quarter of 2009.”Due to the festive season and some government
    purchases, all the major print vendors saw a double-digit growth in
    shipments in the quarter,” said Vishal Tripathi, principal research
    analyst at Gartner. “HP, Canon, Epson and Samsung, the top 4 vendors,
    accounted for 94% of total shipments in the market in the third quarter
    of 2010.HP accounted for more than half of all printer, copier and MFP
    shipments in India (55.1%) in the third quarter of 2010. Canon
    experienced the strongest growth among the top 4 vendors, as its
    shipments increased 64.4% in the third quarter.

    Canon, held onto
    the No. 1 position in the A3 Flatbed Copier/MFP market in the third
    quarter of 2010 with 23% market share, followed by Ricoh with 21% market
    share.HP maintained its leadership position with 49% market share in
    the A4 Flatbed category, far ahead of Canon with 22% market share in the
    third quarter of 2010. HP was able to resolve inventory issues and win
    back the channel’s confidence. This segment grew by 214%, due to Canon’s
    237% and HP’s 541% growth. Samsung recorded 69% growth year-on-year.

    The
    page printer market in India grew 86% in the third quarter of 2010,
    riding on HP and Canon’s growth. HP grew in the triple-digits with 141%
    growth. HP’s market share grew from 36% in the third quarter of 2009 to
    47% in the third quarter of this year. Canon registered 73% growth, but
    its market share went down to 36% in the third quarter of 2010 compared
    to 39% last year. Samsung recorded a 22% growth in the third quarter of
    2010.


    http://www.itnewsonline.com/news/Gartner:-India-Printer,-Copier-&-MFP-Mkt-Grew-57-Percent-in-Q3-2010/22285/3/1