TECH SUPPLIER Apr 2020 - Market Forecast - Doc # EUR145503620
Western Europe Production Cutsheet Printer/MFP Forecast, 2020-2024
This IDC Market Forecast study quantifies the Western European production cutsheet device markets, analyzes issues and trends, and provides an outlook. It contains IDC's review of the 2019 market for Western European units and value of shipments. Also included are five-year forecasts for units and values of shipments for 2020 to 2024. Western Europe comprises Germany, France, the U.K., Italy, the Netherlands, Belgium, Sweden, Denmark, Norway, Finland, Switzerland, Austria, Spain, Portugal, Greece, and Ireland.
"The decline of production cutsheet device shipments is due to several factors: the maturity of the market, digital technologies continuing to move some documents/applications toward electronic viewing and storage, the impact of Brexit, and more recently, the COVID-19 outbreak and economic slowdown. Despite these factors, cutsheet production devices will continue to be shipped during our forecast period, " said Julio Vial, research manager, IDC Imaging, Printing, and Document Solutions.
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