Worldwide Hardcopy Peripherals Market Increased in 3Q17

The worldwide hardcopy peripherals market grew 1.0% year over year in the third quarter of 2017 (3Q17) with shipments reaching nearly 25.3 million units, according to the IDC Worldwide Quarterly Hardcopy Peripherals Tracker. Inkjet units experienced 4.0% year-over-year growth while the laser market saw a decline of 1.2% compared to the same quarter in 2016. Shipment value declined 4.9% year over year to almost $13 billion.

HP Inc. remained the top company in the worldwide hardcopy peripherals market with shipment growth of 3.3% year over year producing market share of 38.7% for the quarter. Second-ranked Canon and third-ranked Epson had the weakest results among the top 5 vendors with year-over-year growth of 0.6% and -1.0%, respectively. Brother gained some market share in the number 4 position with shipment growth of 3.9% while fifth-ranked Samsung outperformed the other companies in the top 5 with year-over-year shipment growth of 6.5%.

The contractual segment recorded year-over-year growth of 3.6% to over 1.7 million units shipped. Business inkjet shipments also grew 3.3% year over year to approximately 2.5 million units with inkjet MFPs accounting for 90.0% of business inkjet shipments in 3Q17. The laser and inkjet markets in Asia/Pacific (excluding Japan) posted year over year growth of 10.5% and 4.4%, respectively.