Worldwide Hardcopy Peripherals Market declines 4.8%
| 22 February, 2019
The worldwide hardcopy peripherals (HCP) market decreased 4.8% year over year to approximately 26.7 million units in the fourth quarter of 2018 (4Q18), according to the International Data Corporation (IDC).
The brightest spot for the quarter was HP’s positive year-over-year performance of 3.6% in unit shipments The vendor expanded year over year in its top two regional markets – Asia/Pacific (excluding Japan) and the United States.
Notable highlights from the quarter include:
- Total inkjet market in the APeJ region recorded its eleventh consecutive quarter of year-over-year growth with 3.59 million units shipped, the highest in a quarter since Q2 2012. APeJ was the only region to have achieved positive year-over-year shipment growth this quarter.
- All speed ranges of color laser MFPs in the U.S. experienced growth except the 1-10 ppm and 11-20 ppm, each of which declined year over year. Canon had the highest year-over-year growth in the 21-90 ppm segment.
- Increased shipments in Ink Tank devices was observed in Latin America. 4Q18 marks the second consecutive quarter where Ink Tank machines surpassed the unit volume of ink cartridge machines. All vendors in this space recorded year over expansion.