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Market Research Report

Western Europe MFP Forecast Update, 2019-2023: December 2019 Update

Published by IDC Product code 321599
Published Content info 9 Pages
Delivery time: 1-2 business days
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Western Europe MFP Forecast Update, 2019-2023: December 2019 Update
Published: December 11, 2019 Content info: 9 Pages
Description

This IDC Market Forecast reviews and analyzes the Western European MFP market for 2019 to 2023, examining issues, trends, and product advances. "Recent market activity suggests that, rather than slowing down, the rate of consolidation within the hardcopy ecosystem is showing signs of greater momentum. To gain competitive advantage in today's fast-moving markets, many hardcopy OEMs are simply acquiring technology and resources in the areas of IT services, software, and solutions; some are simply procuring their own channel partners to secure future revenue streams, " said Phil Sargeant, program director, Imaging, Printing, and Document Solutions.

Table of Contents
Product Code: EUR144580819

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Inkjet Technology is Being Accepted by Businesses of All Types and Sizes
      • Smart MFP Technology will Become Available to Many Organizations
      • Contracts are Helping OEMs Increase Sales and Secure Future Revenue Streams
    • Inhibitors
      • Workplaces are Under Increasing Pressure to Reduce Printing Costs
      • Digital Transformation of the Business Process Means Fewer Printed Pages
  • Significant Market Developments
    • Google Withdraws Support for Cloud Print at the End of 2020
    • Xerox to Sell Off Stakes in Fuji Xerox, Settles with Fujifilm
  • Changes from Prior Forecast

Market Definition

Methodology

  • Definitions
  • MFP Technology Definitions
    • Inkjet
    • Laser

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