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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
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