Shipment volume in EMEA not to reach 2008 levels until 2011
The Europe, the Middle East, and Africa (EMEA) region will experience an increase of 7.6% CAGR in the total shipment of hardcopy peripherals (HCP) over the long-range forecast period (2010–2014), according to IDC hardcopy peripherals quarterly tracker December 2009.
The tracker also found that the HCP market in EMEA continues to stabilise and recover in the wake of the widespread negative growth experienced throughout 2009, following global recession.
This growth rate will be relatively high compared to 2009, when overall HCP shipments contracted 15.1% from the 2008 market peak. However, IDC forecasts that shipment volume in EMEA will not reach 2008 levels until 2011.
Julio Vial, research manager at IDC, said: The exceptionally weak Western European economic environment which persisted throughout 2009 drove down print spending in the region, though IDC does predict a gradual recovery through 2010 provided that key economies return to positive GDP growth.
Vial said: The Western European HCP market is maturing and some technologies will decline during the forecast period, such as the cannibalization of printers by MFPs, especially in the inkjet segment.
Phil Sargeant, research manager at IDC’s Western European head office in London, said: Growth will not be uniform in all countries, with more established economies such as Germany and France, which emerged earlier from the recession, seeing more solid growth as weaker economies remain fragile.
IDC forecast data predicts that monochrome laser printer shipments will total 8.4 million units in EMEA in 2014, compared with 2.9 million shipments for color laser printers.
By technology segment, IDC’s latest EMEA forecast (2010–2014) also shows that total MFP laser shipments as a share of total laser shipments will increase from 35.8% to 47.2% over the forecast period.
The inkjet MFP segment will increase to 31.6 million unit shipments, or an upside CAGR of 7.7%, while the colour laser MFP segment will increase from 1.5 million units in 2009 to 2.9 million over the forecast period, according to the report.
A CAGR of 13.6% is to be seen in the colour laser printers segment, which will grow from 1.9 million in 2009 to 2.9 million units in the forecast period, whereas inkjet printers will decline by 7.1% CAGR to 3.1 million units in the same period.