Print Spends affected by IT Budgets

MUMBAI, INDIA: The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totaled 6,65,172 units in the first quarter of 2011, a 2.5 per cent decline  compared to the first quarter of 2010, according to Gartner, Inc.

“The revision in IT budgets towards the end of the fiscal year 2010 led to controlled purchasing of print devices and IT hardware spending,” said Amrita Choudhury research analyst at Gartner. “However, the future outlook is positive. Purchasing will beef up in the coming months as economic activities will resume momentum.” 

HP remained the leader in the India printer, copier and MFP market (see Table 1), as its market share totaled 56.7 percent in the first quarter of 2011, followed by Canon with 21.7 per cent market share, Epson at 7.5 per cent, and Samsung with 6.4 percent market share.

In the A4 MFP space, HP maintained its leadership position at 65.7 per cent market share, followed by Canon with 15.7 percent, Samsung with 6.1 per cent and Epson with 5.2 per cent market share in the first quarter of 2011.

In the A3 flatbed copier MFP segment, Canon led the market with 24.6 percent market share, followed by Toshiba with 21.9 per cent, Ricoh with 12.5 per cent, and Sharp with 11.9 per cent market share compared to the first quarter of 2010. 

The page printer market declined 14.1 per cent in the first quarter of 2011. HP continued to dominate the segment with 48.3 per cent market share, a 6.6 per cent increase from the first quarter of 2010. Canon’s market share totaled 36 perc ent, a 13.6 per cent decline. Samsung recorded a decline of 52 per cent, but it accounted for 11 percent market share in the Indian page printer market.