Publication date: 03 Mar 2023
Worldwide Hardcopy Peripheral Shipments Increased 11.6% in the Fourth Quarter, According to IDC Tracker
FRAMINGHAM, Mass., March 3, 2023 – The worldwide hardcopy peripherals market saw overall shipments grow 11.6% year over year to nearly 25.0 million units in the fourth quarter of 2022 (4Q22). Shipment value during the quarter increased 14.8% to $11.1 billion, according to the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker.
The strong gains during 4Q22 weren't enough to fuel shipment growth for the full year – the overall market declined 1.4% year over year for 2022. However, market value improved 0.7% year over year to approximately $39.9 billion for all of 2022.
Notable highlights from the quarter include:
- The top 3 regional markets all recorded year-over-year growth during 4Q22with China (PRC) leading the way with 31.7% growth, followed by Western Europe at 13.1% and the United States at 7.2%. Contributing to these gains were improved microchip/component supplies and adequate inventory to meet consumer and business demands. Despite the gains in 4Q22, Western Europe and the U.S. both saw a year-over-year decline in shipments for the full year 2002, down 4.1% and 6.2%, respectively. China ended the year with shipment growth of 8.2% for 2022.
- The top 5 vendors all saw year-over-year growth in 4Q22. Key drivers for this growth include improved supplies, increased consumer demand, robust consumer promotions, and enhanced channel incentives.
Top 5 Hardcopy Peripherals Companies, Unit Shipments, Market Share, and Year-Over-Year Growth, Q4 2022 (based on unit shipments)
4Q22 Unit Shipments
4Q22 Market Share
4Q21 Unit Shipments
4Q21 Market Share
1. HP Inc.
2. Canon Group
Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, March 3, 2023
- IDC tracks A2-A4 devices in the Quarterly Hardcopy Peripherals.
- Hardcopy Peripherals include single-function printers, multifunctional systems (MFPs), and single-function digital copiers (SF DC). Data for all vendors are reported for calendar periods.
For more information about IDC's Worldwide Quarterly Hardcopy Peripherals Tracker, please contact Phuong Hang at firstname.lastname@example.org.
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