Worldwide Large Format Printer Shipments Down Slightly in the Third Quarter of 2019, According to IDC
The worldwide large format printer market decreased modestly in the third quarter of 2019 (3Q19) with shipments declining by roughly 0.5% compared to the previous quarter, according to the International Data Corporation (IDC) Worldwide Quarterly Large Format Printer Tracker.
"While the large format printer market has been soft, there were some surprising areas of growth when we get into the breakdown by technology and region," said Tim Greene, research director, Hardcopy Solutions. "New products and aggressive marketing have driven growth in some technology segments, while application expansion continued to drive investments in UV and textile/soft signage printers."
There was no movement among the top three large format printer manufacturers in terms of shipment market share with HP, Canon (News - Alert), and Epson all maintaining their positions on a worldwide basis.
In addition to the table above, a graphic illustrating worldwide shipment value share for the top 5 large format printer companies over the previous five quarter is available by viewing this press release on IDC.com.
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