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Market Research Report
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997181

Western Europe MFP Forecast, 2021-2025

Published: | IDC | 10 Pages | Delivery time: 1-2 business days

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Western Europe MFP Forecast, 2021-2025
Published: March 23, 2021
IDC
Content info: 10 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

This IDC Market Forecast quantifies the Western European MFP market, analyzing issues, trends, and product advances. It contains IDC's review and forecast of the Western European MFP market for 2021 to 2025."Growth of shipments in 2020 suggest that print remains an important part of daily business processes for many businesses. Offices will remain the main focal point for most suppliers, but those that also have the products and solutions for the home environment will be able to satisfy demand for both settings and secure future revenue streams from supplies," said Phil Sargeant, program director, Imaging, Printing, and Document Solutions.

Table of Contents
Product Code: EUR146485221

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

  • Subscription Services can Provide Quick and Flexible Solutions for Home Users
  • Cloud Print Management Tools Are in Hot Demand
  • Industry Consolidation Is a Likely Consequence of the COVID-19 Pandemic
  • Offices will Remain the Key Environment for Capturing Pages

Market Forecast

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Home Working and Education Is Driving Demand for MFP
      • The Need for Subscription Services will Help OEMs to Retain Control over Supplies.
      • Cloud Print Management Tools Enable Businesses to Overcome Concerns over Costs
    • Inhibitors
      • Investment in Print Is Likely to be Affected due to the Current Pandemic.
      • Increased Digitization Across all Industries will Ultimately Lead to Less Printing
  • Significant Market Developments
    • COVID-19 has Led to Growth and Decline
    • Xerox's Everyday Toner may Cause Providers to Rethink Their Consumables Pricing Strategies
  • Changes from Prior Forecast

Market Definition

Methodology

  • MFP Technology Definitions
    • Inkjet
    • Laser

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