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infoSource Establishes New Scanner Industry Segmentation Definition

[January 12, 2016]

infoSource Establishes New Scanner Industry Segmentation Definition

GENEVA, Jan. 12, 2016 /PRNewswire/ -- infoSource has redefined the way it will report on document class scanners sold across more than sixty countries in the Americas, Europe, the Middle East, and Africa. infoSource finalized its new scanner market segmentation recommendation to the industry, based on months of feedback and group discussions with a variety of vendors.

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infoSource took the lead, despite the challenges to bring together the wide array of market perspectives. "The market had evolved in a way that left the previous definition open for interpretation, which caused inconsistencies in reporting data," said Mark Nicholson, infoSource Service Director. "Our ability to forecast and report on market trends will now be far more accurate as a result of this new standardized definition." The new definition establishes the following framework to group most competitive products together.

infoSource 2016 Document Management Scanner Segmentation Definition
	Segment	Speed Rating	Typical Price Range
Distributed	Personal	1ppm to 20ppm	<$400
	Workgroup	21ppm to 35ppm	$400 – $1,200
	Departmental	36ppm to 65ppm	$1,200 – $3,000
Production	Low Volume Production (LVP)	66ppm to 90 ppm	$3,000 – $10,000
	Mid Volume Production (MVP)	91ppm to 150 ppm	$10,000 – $30,000
	High Volume Production (HVP)	>150 ppm	>$30K
	Network	Any single-function scanner designed to operate as a stand-alone device with direct Ethernet network connectivity and user interface designed to support multiple users

infoSource applies additional rules for products that do not fit the definition. Clients of the infoSource Interactive Service database will have access to data based on the previous scanner market segmentation concurrently to ease the transition. infoSource encourages adoption of this standard and will begin using the new industry segmentation with the 2016 reporting cycle.

About infoSource

Located in Geneva, Switzerland, infoSource has led the market research industry in Europe, the Middle East, and Africa by providing accurate market sizing data across a range of office automation industries. The company's strength lies in its detailed field research conducted on an individual model basis made possible by close working relationships with manufacturers and local vendors. (www.infosource.ch)

Contact

infoSource
Susan Moyse, Regional Manager
Phone: 781-834-7947
Email: Email

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/infosource-establishes-new-scanner-industry-segmentation-definition-300202832.html

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