Toner News Mobile › Forums › Latest Industry News › *NEWS*GLOBAL MFP MRKT TO GROW BY 8%, O5
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AnonymousInactiveGlobal printer, MFP market to grow by 8 per cent this year
Worldwide printer,
copiers and multifunction products (MFP) shipments are projected to
surpass 124.7 million units in 2005, a 7.8 per cent increase from 2004
shipments, according to IT consultancy Gartner Inc.Gartner said the global revenue for these products is forecast to
surpass $59.7 billion (U.S.), up 4.5 per cent from last year. But is it
still wishful thinking on behalf of printer OEMs that all companies are
moving en masse towards color printing?According to Peter Grant, research vice president in Gartner’s digital
document and imaging group in Stamford, Conn., it’s a mixed story. Some
companies say ‘no’ to color printers in the office, while others adopt
it on an as need basis.“If color laser printers can provide monochrome printer performance
(speed and cost per print) then more businesses will standardize on a
high-speed workgroup color printer that provides all the monochrome
without a cost penalty and provide great business color output,” he
said.Manufacturers are focused on transitioning their customers from
monochrome devices to color. The color laser printer market and the
color laser MFP segments will be the high growth areas, official said.
The consumer has already gone color for the most part due to
inexpensive ink jet printers and all-in-ones being color devices.
Monochrome laser printers are still the mainstay in the office. Only
six per cent of the pages printed in the office are color. Mono still
has legs, he said.“Vendors need a broad family of color products to replace the large
installed base of monochrome printers, copiers and MFPs,” he said. “The
monochrome to color transition will be a significant event, as large
vendors fight to keep their installed base, while other vendors look to
grow their business with color offerings.“There has been and will continue to be a battle between printer
vendors and copier vendors fighting for pages in the office. HP has
already tried to alter the copier game with their LaserJet 4345mpf that
is getting placed as a printer replacement but can print, copy and scan
for about a third of the price of a similar speed copier.”In the consumer segment, digital photography is driving demand for color devices.
“Higher resolution cameras, more sophisticated users, and the desire to
print in the home have many manufacturers improving their product
offerings to provide easier to use, faster photo printers, and lower
prices,” he said. “Consumers have adopted color (ink jet) and some have
gone back to low end mono laser printers to save on supplies costs. A
new segment called A4 color MFP in the 1-10 page per minute range is
emerging and could take ink jet customers away.“Many users prefer the look of color laser for business documents
versus color ink jet. Color laser makes them look like a big business;
more professional.”Worldwide sales of printer, copiers and MFPs will continue steady
growth through 2009. By the end of 2009, global shipments are expected
to surpass 148.9 million units, while revenue will exceed $60.7
billion, officials said. -
AuthorAugust 31, 2005 at 10:34 AM
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