*NEWS*N.F. INKJET REVENUES,$43BILL BY 07

2004-01-14T10:35:00-05:00

Worldwide Narrow Format Ink Jet Revenues to Reach $43 Billion by 2007 According to I.T. Strategies, in 2003 narrow format ink jet printers (<24") generated $29 billion worldwide in retail revenues from hardware, ink and media. This is expected to grow to retail revenues of almost $43 billion by 2007. Ink currently is -- and will continue to be -- the largest segment: 50% of the market ($14 billion) in 2003 and growing to 56% of the market ($24 billion) by 2007. Media will increase from 12% of the market ($3.6 billion) in 2003 to 15% ($6.3 billion) by 2007. Hardware revenue - driven by continually decreasing prices -- Will decrease from 38% of the market ($10.7 billion) in 2003 to 29% ($12.5 billion) in 2007.

Tonernews.com, January 14, 2004. USA

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Worldwide Narrow Format Ink Jet Revenues to Reach $43 Billion by 2007

According to I.T. Strategies, in 2003 narrow format ink jet printers (<24″) generated $29 billion worldwide in retail revenues from hardware, ink and media. This is expected to grow to retail revenues of almost $43 billion by 2007. Ink currently is — and will continue to be — the largest segment: 50% of the market ($14 billion) in 2003 and growing to 56% of the market ($24 billion) by 2007. Media will increase from 12% of the market ($3.6 billion) in 2003 to 15% ($6.3 billion) by 2007. Hardware revenue – driven by continually decreasing prices — Will decrease from 38% of the market ($10.7 billion) in 2003 to 29% ($12.5 billion) in 2007.
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January 14, 2004 at 10:35 AM

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