The latest IDC report has revealed the market share of leaders in the Hardcopy Peripherals business for the second quarter of 2022.
Canon, Brother and Pantum have enhanced their market share in the Hardcopy Peripherals market.
HP is the leader in the Hardcopy Peripherals market with 39.6 percent share. HP just retained its share in the Hardcopy Peripherals market.
Canon, the second ranked Hardcopy Peripherals company, recorded 10 percent growth with more than 4.4 million units. Canon’s supply was better in 2Q22 for 4-in-1 ink cartridge printers than for 3-in-1 ink tank printers. Canon has 20.1 percent share in the Hardcopy Peripherals market.
Epson has 17.6 percent share in the Hardcopy Peripherals market.
Brother has 8.4 percent share in the Hardcopy Peripherals market.
Pantum has 2.2 percent share in the Hardcopy Peripherals market.
Shipments of hardcopy peripherals fell 3.9 percent year over year to 22 million units in the second quarter of 2022 (2Q22), IDC said in its report.
Shipment value of hardcopy peripherals dropped 5.3 percent during the second quarter to $9.6 billion.
Persistent supply shortages continued to affect the HCP market and full inventories are not expected until 2023.
Hardcopy Peripherals include single-function printers, multifunctional systems (MFPs), and single-function digital copiers (SF DC)
IDC expects shipments for the remainder of 2022 to be inconsistent across most segments, with significant amounts of new products being diverted to fulfill back orders and tenders rather than for new business.