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Worldwide Large Format Printer Shipments Grew 3.5% Year Over Year in 2014, According to IDCAccording to new data from the International Data Corporation (IDC) Worldwide Quarterly Large Format Printer Tracker, large format printer (LFP) shipments grew 3.5% in 2014 when compared to 2013 while revenue from those shipments declined by less than -1%. Product mix changes and some very aggressive price promotions were responsible for the revenue declines. "The fourth quarter is often the strongest quarter of the year for the wide format digital printer market in some segments and some geographies, particularly due to the aggressive promotion by major manufacturers and distributors," said Phuong Hang, Program Director, Worldwide Large Format Printer Tracker. "Shipment growth is an important indicator for the overall wide format market because even though hardware revenue declined slightly, the vast majority of the decline came from inkjet products, and with inkjet products a great deal of revenue is driven by the consumption of supplies." Technology Highlights
Vendor Highlights 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.
The top five wide format printer manufacturers make up more than 80% of global wide format shipments, but only two-thirds of revenue. With manufacturers like HP, Canon, and Epson dominating the aqueous segment, this points to the maturity of the conventional aqueous graphics and solvent inkjet markets and the fragmented nature of the wide format UV-curable inkjet segment.
Source (News - Alert): IDC Worldwide Quarterly Large Format Printer Tracker, February 2015 * Notes:
In addition to the table above, an interactive graphic showing the worldwide market share of the top 5 LFP vendors in the fourth quarter of 2013 and 2014 is available here. The chart is intended for public use in online news articles and social media. Instructions on how to embed this graphic can be found by viewing this press release on IDC.com. About IDC (News - Alert) Trackers IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad. About IDC International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. In 2014, IDC celebrates its 50th anniversary of providing strategic insights to help clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com. Follow IDC on Twitter (News - Alert) at @IDC. All product and company names may be trademarks or registered trademarks of their respective holders.
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