FRAMINGHAM, Mass.--(BUSINESS WIRE)--The death of the printed page has been greatly exaggerated, and although print volume will remain relatively flat between 2010 and 2015 (0.1% CAGR), combined U.S. printer and multifunction peripheral (MFP) page volume will reach 1.2 trillion at the end of the forecast period.
According to new research from International Data Corporation (IDC), MFPs are winning the print volume race as users move away from single function printers and embrace the benefits and flexibility of multifunction devices. "The transition to MFPs represents a fundamental industry trend, one that will continue for the foreseeable future," said Jonathan Bees, research director, U.S. Hardcopy Device Usage Trends. Total MFP pages are considerably larger in number than printer pages, and they are forecast to grow at a CAGR of 1.4% with total pages exceeding 857 billion in 2015.
Another ongoing industry shift is the move from monochrome to color devices. But while color laser and inkjet pages will each experience respectable growth over the forecast period, monochrome laser pages remain the industry's 800 lb. gorilla, with a staggering 799.9 billion pages in 2015 despite a declining CAGR. Overall, printed page volume will remain steady despite a myriad of obstacles, including the introduction of green initiatives within a growing number of enterprise organizations; more widespread managed print services engagements; changing end-user behavior patterns from young, digitally oriented workers; and a weak economy.
Indeed, the massive number of pages produced each year speaks to the opportunity for vendors and corporations to engage in Managed Print Service. MPS allows customers to reduce their total printing costs and to migrate inefficient business process document workflows to less-paper workflows.
Additional findings from IDC's print volume research include the following:
- The influx of shipments moving from low-end printers to MFPs, and from lower to higher speed MFPs, will lower MFP average monthly page volumes (AMPVs)
- The inkjet installed base is the largest of the three technology categories (monochrome laser, color laser, and inkjet)
- Color pages are showing solid growth, and are two to three times more profitable than monochrome pages
Three new IDC studies -- U.S. Printer & MFP Page Volume 2011-2015 Forecast & Analysis (IDC #229778); U.S. MFP Page Volume 2011–2015 Forecast (IDC #229755); and U.S. Printer Page Volume 2011–2015 Forecast (IDC #229699) -- quantify the U.S. MFP and single-function printer page volume market opportunity and provides forecast updates through 2015. These studies provide an in-depth look at the U.S. installed base and page volume forecasts for the inkjet and laser MFP segments, as well as the total page volumes for these segments. They also contain quantitative and qualitative data analysis derived from 1996 to 2010 actual shipments, empirical data from IDC's hardcopy usage panel, end-user research, and survey data.
To purchase these studies, please contact IDC Sales at 508-988-7988 or sales@idc.com
IDC's United States Hardcopy Device Usage Trends Service analyzes the aftermarket opportunity driven by page volume. The program quantifies and forecasts output volume on hardcopy devices, accompanied with rich end-user analysis. Utilizing a database of more than 1,700 model-level devices, the program can provide reliable model-level analysis, vendor comparisons within a technology/product type segment, and segmented comparisons across technology/product types. The end-user analysis provides a rich understanding of the behavior driving usage trends in output volume, color, scanning, and device migration.
About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 47 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting http://www.idc.com.
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