Publication date: 31 May 2023
Worldwide Hardcopy Peripherals Shipments Increased 2.2% Year Over Year in the First Quarter of 2023, According to IDC
Contact
For more information, contact:- Michael Shirer Email: press@idc.com Phone number: 508-935-4200
- Phuong Hang Email: phang@idc.com Phone number: 508-935-4376
NEEDHAM, Mass., May 31, 2023 – Worldwide shipments of hardcopy peripherals grew 2.2% year over year to 22.8 million units in the first quarter of 2023 (1Q23). Shipment value also expanded 14.0% year over year during the quarter to $11.0 billion, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker.
Notable highlights from the quarter include:
- Improved product availability, back-order fulfillment, and fewer restrictions on factory capabilities contributed to the year-over-year gains in both units and shipment value on the global level.
- All regional markets, except Japan, recorded year-over-year gains in shipment value in 1Q23, with the United States leading the chart at 27.7% growth, followed by China (PRC) at 19.1% and Western Europe at 11.7%. Improved inventory for some of the leading brands combined with the return to normal operations and pent-up demand to drive shipment value growth in the corporate sector and the A3 segment.
- Three out of the top 5 vendors posted positive year-over-year unit growth in 1Q23 with Epson at 11.2%, Brother 16.0%, and Pantum 33.9%.
Worldwide Hardcopy Peripherals Market, Unit Shipments, Company Share, and Year-Over-Year Growth, Q1 2023 (based on unit shipments) | |||||
Companies | 1Q23 Unit Shipments | 1Q23 Market Share | 1Q22 Unit Shipments | 1Q22 Market Share | 1Q23/1Q22 Growth |
1. HP Inc. | 8,232,642 | 36.1% | 8,386,439 | 37.6% | -1.8% |
2. Epson | 5,086,579 | 22.3% | 4,574,914 | 20.5% | +11.2% |
3. Canon Group | 4,156,846 | 18.2% | 4,705,383 | 21.1% | -11.7% |
4. Brother | 1,924,460 | 8.4% | 1,659,617 | 7.4% | +16.0% |
5. Pantum | 608,498 | 2.7% | 454,529 | 2.0% | +33.9% |
Others | 2,799,634 | 12.3% | 2,526,530 | 11.3% | +10.8% |
Total | 22,808,659 | 100.0% | 22,307,412 | 100.0% | +2.2% |
Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, May 31, 2023 | |||||
Notes:
- 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 phang@idc.com.
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