Print mkt is picking the integrated font

MUMBAI, INDIA: The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totaled 681,584 units in the second quarter of 2013, a 4.7 per cent decrease from the second quarter of 2012, according to Gartner, Inc. Total end user spending in the second quarter totaled $235.4 million, a 13 per cent decline from the same period last year. The monochrome market posted a decline of 1.5 per cent, and the color market remained flat.

"Vendors continued to introduce new products in the country in order to meet the changing needs of different customer segments," said Zalak Shah, research analyst at Gartner. "With the IT marketplace transforming, print providers are looking at offering integrated solutions and trying to expand to Tier II and Tier III cities of India."

HP remained the market leader in the Indian printer; copier and MFP market, as its market share totaled 52 per cent, followed by Canon with 24 per cent share. Epson accounted for nine per cent, while Samsung Electronics accounted for eight per cent of the market in the second quarter of 2013.

The Page A4 MFP segment continued to grow in the second quarter of 2013 and posted an increase of 12 per cent compared to the second quarter of 2012. The Page A3 MFP segment showed an increase of 14.7 per cent compared to the second quarter of 2012. 

The page printer market overall experienced a decline of 16.6 per cent in the second quarter of 2013. Color page printers in the 11-20 ppm segment and monochrome page printers in the 41-69 ppm segment did well in the printer market compared to the second quarter of 2012.