India's printer, copier and MFP market declines

According to a recent

research conducted by Gartner, the combined serial inkjet and page

printer, copier and multifunction product (MFP) market in India,

totaled 6,65,172 units in the first quarter of 2011, has declined by

2.5% compared to the first quarter of 2010.

“The revision in IT

budgets towards the end of FY '10 led to controlled purchasing of

print devices and IT hardware spending. However, the future outlook

is positive. Purchasing will beef up in the coming months as economic

activities will resume momentum,” said Amrita Choudhury, research

analyst, Gartner.

href="https://www.dqweek.com/hp-moves-from-discrete-to-flexnetwork-architecture">HP

remained the leader in

the India printer, copier and MFP market, with its marketshare

totaled 56.7% in the first quarter of 2011, followed by Canon with

21.7%, Epson at 7.5%, and Samsung with 6.4% marketshare. In the A4

MFP space, HP secured 65.7% marketshare, followed by Canon with

15.7%, Samsung with 6.1% and Epson with 5.2% marketshare in the first

quarter of 2011.

In the A3 flatbed copier

MFP segment, Canon led the market with 24.6% marketshare, followed by

Toshiba with 21.9%, Ricoh with 12.5%, and Sharp with 11.9%

marketshare compared to the first quarter of 2010. The page printer

market declined 14.1% in the first quarter of 2011. HP continued to

dominate the segment with 48.3% marketshare, a 6.6% increase from the

first quarter of 2010. Canon's marketshare totaled 36%, a 13.6%

decline. Samsung recorded a decline of 52%, but it accounted for 11%

marketshare in the Indian page printer market.