Worldwide Single-Function Printer Forecast, 2019-2023

Worldwide Single-Function Printer Forecast, 2019-2023

  • November 2019 •
  • 24 pages •
  • Report ID: 3470426 •
  • Format: PDF
This IDC study covers worldwide printer market opportunities and analyzes issues, trends, and product advances. It contains 2013-2018 data showing actual unit shipments, value of shipments (end-user spending), and average selling value. 2019-2023 data is projected."Multifunction printers (MFPs) and increasing adoption of digitization efforts on a global scale are pushing for further maturation of the single-function printer (SFP) market. The trade war between China and the United States and the economic downturn in Western Europe are also pushing down shipment expectations. We still expect the market to be sustainable through the forecast period as SFPs still provide a lower-cost option for customers interested in printing." -- Max Pepper, research analyst, IDC's Imaging, Printing, and Document Solutions