FRAMINGHAM, Mass.--(BUSINESS WIRE)--The worldwide production printer market continued to deliver solid growth in the first quarter of 2016 (1Q16) with a 7.9% year-over-year increase marking the sixteenth consecutive quarter of positive growth. According to the International Data Corporation (IDC) Worldwide Quarterly Production Printer Tracker, worldwide unit shipment value increased 1.4% to nearly $1.2 billion in the same time period.
Additional highlights from the worldwide production printer market in 1Q16 include:
- Label & Packaging unit shipments increased 18.8% year over year while Mid Production gained 11.5% in 1Q16.
- Ricoh Group outperformed all other vendors in the top 5 by posting a 28.8% year-over-year gain in terms of units shipped.
"Headed into Drupa 2016, the digital production print market looks strong. Print service providers (PSPs) continued to invest in the first quarter with no holding off purchases or waiting to see what new products are coming at the world's largest print show in Dusseldrof this month. That could foretell very good things for both the second quarter and the second half of the year, as PSPs jump on new technologies, especially when it comes to high-quality color laser and inkjet," said Amy Machado, research manager, Imaging, Printing, and Document Solutions.
|Worldwide Production Unit Shipments, Market Share, and Year-over-Year Growth, Q1 2016*|
|1. Xerox Group1||5,127||46.7%||4,906||48.2%||+4.5%|
|2. Ricoh Group2||2,627||23.9%||2,040||20.0%||+28.8%|
|3. Konica Minolta Group3||2,165||19.7%||2,006||19.7%||+7.9%|
|4. Canon Group4||570||5.2%||705||6.9%||-19.1%|
|5. HP Inc||182||1.7%||193||1.9%||-5.7%|
|Source: IDC Worldwide Quarterly Production Printer Tracker, May 2016|
* Includes Mid Production, Production (full production) and Label & Packaging.
1. Xerox Group includes Xerox and Fuji Xerox.
2. Rioch Group includes Gestetner (NRG), Lanier, Nashua, Nashuatec, Rex Rotary, Ricoh, and Ricoh Industry.
3. Konica Minolta Group includes Develop, ITEC, Konica Minolta, and Sindoh.
4. Canon Group includes Canon and Showa Jyoho.
In addition to the table above, an interactive graphic illustrating worldwide market share for the top 5 production printer vendors over the previous five quarters is available here. The chart is intended for public use in online news articles and social media. Instructions on how to embed this graphic can be found by viewing this press release on IDC.com.
- IDC tracks Mid Production, Production (full Production), and Label & Packaging devices in the Quarterly Production Printer Tracker.
- Production Print Tracker includes single-function printers and multifunctional systems (MFPs). Data for all vendors are reported for calendar periods.
For more information about IDC's Worldwide Quarterly Hardcopy Peripherals Tracker, please contact Phuong Hang at email@example.com.
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