*NEWS*IMAGING SUPPLIES $100BIL IN 2006

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*NEWS*IMAGING SUPPLIES $100BIL IN 2006

 user 2006-03-22 at 12:19:00 pm Views: 65
  • #14931

    Digital Imaging Supplies Revenue Will Top $100 Billion in 2006
    Lyra Research March , 2006
    Lyra
    Research forecasts that the global digital imaging supplies market will
    exceed $100 billion in 2006. While the digital imaging industry has
    been generating more revenue from supplies than from hardware for some
    time, 2006 marks the first time the supplies sector will register
    12-digit revenue numbers, exceeding hardware revenue by 68 percent .
    According to Lyra’s Hard Copy Supplies Advisory Service, the growth is
    attributed in part to the availability of more affordable, high-speed,
    easy-to-use color ink jet and color laser printers that enable users to
    print more graphics-intensive documents.
    Rodger Reis, analyst for
    Lyra’s Hard Copy Supplies Advisory Service, explains the surge.
    “Broadband Internet service, digital photography, affordable color
    printers, high-capacity e-mail accounts, and desktop publishing
    technologies are some of the factors driving supplies revenue. These
    fast-spreading elements have made it easier to create, share, and
    access electronic documents. New high-speed, easy-to-use color ink jet
    and color laser printers and digital color presses are enabling users
    to print sophisticated, graphics-intensive documents, transforming the
    old digital document landscape from one of monochrome-only applications
    to one of rich and complex color applications that include digital
    photos, Web pages, PDFs, and other graphics-intensive documents.”
    Reis
    concludes, “Lyra estimates that color and graphics-intensive documents
    will consume three to four times as much toner and ink per page as
    traditional monochrome applications such as photocopies. These trends
    will result in increased consumption of ink and toner and, to some
    extent, value-added papers, driving digital imaging consumables revenue
    worldwide.”