Worldwide Production Printer Shipments Experience 7.5% Growth in the First Quarter of 2015, According to IDC

FRAMINGHAM, Mass.--(BUSINESS WIRE)--

The worldwide production print market enjoyed 7.5% year-over-year growth in unit shipments in the first quarter of 2015 (1Q15), according to the International Data Corporation (IDC) Worldwide Quarterly Production Printer Tracker. Unit shipments grew to approximately 11,167 units (printers and MFPs), and shipment value increased 3.6% to nearly $1.2 billion in the same time period.

Highlights from the first quarter results include the following:

• All of IDC's regional markets saw positive year-over-year shipment growth in the production print market, with the exception of Latin America and the Middle East and Africa (MEA). Key contributors to the overall growth worldwide were Japan, which grew 12.4% year over year, Western Europe (13.7%) and Asia/Pacific (excluding Japan) (16.0%).
• All categories in the Production Print space recorded double-digit year-over-year gains. Mid-Production experienced 2.5% shipment growth, Production had 31.7% growth, and Label & Packaging was at 12.4% year-over-year growth.
• Color laser grew by 76.1% on a year-over-year basis. Fuji Xerox Versant 2100 Press and Konica Minolta bizhub Press C1100 have each been growing their presence in this segment and contributed significantly to the growth of the color laser market.

"Color drove the production market, and it wasn't just high-speed inkjet having a great quarter. Color laser saw a double-digit gain as that technology grew nearly 20% on an annual basis. Mid-production color laser is also contributing quite a bit of sales volume but laser full production was the real story of the first quarter of the year," said Amy Machado, Senior Research Analyst, Hardcopy Peripheral Solutions. "New entrants like the Xerox Versant and the Konica Minolta bizhub PRESS C1000 – production class machines with a lower price point – are seeing very strong demand. High-speed inkjet presses saw nearly 40% annual shipment gains, as Ricoh had one its biggest sales quarters ever. And the digital Label & Packaging market was no slouch this quarter, growing over 10% compared to the first quarter of 2014. While inkjet is poised for growth, it's the laser devices from both HP and Xeikon that are currently the pushing the adoption of digital in the L&P market."

Worldwide Production Market Share, 2015 Q1 (based on shipment value)*

Vendors				1Q15 Shipment Value ($M)				1Q15 Market Share				1Q14 Shipment Value ($M)				1Q14 Market Share				1Q15/1Q14 Growth
1. Xerox Group1				$498.7				43.0%				$534.5				47.7%				-6.7%
2. HP				$164.1				14.1%				$157.6				14.1%				4.1%
3. Ricoh Group2				$163.1				14.1%				$127.0				11.3%				28.4%
4. Konica Minolta Group3				$145.3				12.5%				$103.2				9.2%				40.8%
5. Canon Group4				$98.3				8.5%				$115.6				10.3%				-15.0%
Others				$90.9				7.8%				$82.2				7.3%				10.6%
Total				$1,160.4				100.0%				$1,120.2				100.0%				3.6%

Source: IDC Worldwide Quarterly Production Printer Tracker, May 2015

¹Xerox Group: Xerox, Fuji Xerox
²Rioch Group: Gestetner (NRG), Lanier, Nashua, Nashuatec, Rex Rotary, Ricoh, Ricoh Industry
³Konica Minolta Group: Develop, ITEC, Konica Minolta, Sindoh,
⁴Canon Group: Canon, Showa Jyoho

* Includes Mid Production, Production (full production) and Label & Packaging.

In addition to the table above, a graphic illustrating the worldwide market share of the top 5 vendors in the total production print market for the previous five quarters 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.

Notes:

• IDC tracks Mid, Production (full Production) and Label & Packaging devices in the Quarterly Production Printer Tracker.
• Production Print Tracker includes single-function printers and multifunctional systems (MFPs). Data for all vendors are reported for calendar periods.

For more information about IDC's Worldwide Quarterly Hardcopy Peripherals Tracker, please contact Phuong Hang at phang@idc.com.

About IDC 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, available at iTunes, allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad. The IDC Tracker Chart app is also available for Android Phones and Android Tablets.

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. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC.

All product and company names may be trademarks or registered trademarks of their respective holders.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150526006267/en/