The combined serial inkjet and page printer, copier and multi-function product (MFP) market in India totalled 665,172 units in the first quarter of 2011, a 2.5 per cent decline compared to the first quarter of 2010, according to figures released on Thursday by IT research and consultancy firm Gartner.
"The revision in IT budgets towards the end of the fiscal year 2010 led to controlled purchasing of print devices and IT hardware spending," said Amrita Choudhury, research analyst, Gartner. "However, the future outlook is positive. Purchasing will beef up in the coming months as economic activities will resume momentum," she added.
HP remained the leader in the India printer, copier and MFP market as its market share totalled 56.7 per cent in the first quarter of 2011, followed by Canon with 21.7 per cent market share, Epson at 7.5 per cent and Samsung with a 6.4 per cent market share.
In the A4 MFP space, HP maintained its leadership position at 65.7 per cent market share, followed by Canon with 15.7 per cent, Samsung with 6.1 per cent and Epson with 5.2 per cent market share in the first quarter of 2011.
In the A3 flatbed copier MFP segment, Canon led the market with 24.6 per cent market share, followed by Toshiba with 21.9 per cent, Ricoh with 12.5 per cent and Sharp with 11.9 per cent market share compared to the first quarter of 2010. The page printer market declined 14.1 per cent in the first quarter of 2011. HP continued to dominate the segment with 48.3 per cent market share, a 6.6 per cent increase from the first quarter of 2010. Canon's market share totalled 36 per cent, a 13.6 per cent decline. Samsung recorded a decline of 52 per cent, but it accounted for 11 per cent market share in the Indian page printer market.
Courtesy: Mail Today