Printer market stalls as HP maintains dominance
HP continues to lead the large format printer market without close competition, despite a steady decline in customer spending.
HP continues to lead the large format printer market without close competition, despite a steady decline in customer spending.
HP has extended leadership in a large printer market experiencing shipment growth of four per cent year-over-year, with investment set to increase.
HP has reported better-than-expected quarterly results and raised its full-year adjusted profit forecast as it benefits from strong growth.
HP has completed its acquisition of Samsung’s printer business, with the US$1.05 billion buyout set to kick-start a printing renaissance.
Non-existent market share in ultra competitive industry makes PC proposition unappealing.
HP remains “by far the top supplier” of large format digital printing systems worldwide, despite global shipments declining.
“These technologies are where more print service providers are investing based on the new and enhanced capabilities they offer to customers.”
For the year, the top five suppliers to the wide format printer market remained unchanged, but within the segments there were small changes in market share among the vendors.
MPS, traditionally targeted at Enterprise customers, is seeing opportunities in the Small-Medium Businesses (SMBs) segment.
"Even developed economies like Australia and New Zealand are witnessing adoption of third party products for laser printers."