Networking vendor HP is leading the Indian printer, copier and MFP market with 51.5 percent share in the third quarter of 2013, according to Gartner.
A recent Gartner says Canon is the second largest player with 21 percent and Epson with 9 percent share. Samsung Electronics accounted for 7 percent, while Ricoh accounted for 6 percent of the market in the third quarter of 2013.
The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India rose 13.2 percent to 861,212 units in the third quarter of 2013, according to Gartner.
Total end user spending declined 9 percent to $$223.7 million. Both the monochrome and color markets increased 12 percent and 28 percent, respectively.
“Indian organizations are still largely paper driven, but there is increasing importance of digitization and the need to access information anytime, anywhere. This represents an opportunity for print providers to expand their services into optimizing the document workflows that support business processes,” said Zalak Shah, research analyst at Gartner.
India Printer, Copier and MFP Unit Shipment Estimates, 3Q13 (Thousands of Units)
|3Q13 Shipments||3Q13 Market Share ( percent)||3Q12 Shipments||3Q12 Market Share ( percent)||3Q13-3Q12 Growth ( percent)|
Note: Totals may not add up to 100 percent due to rounding
Source: Gartner (December 2013)
The Page A4 MFP segment increased 20 percent compared to the third quarter of 2012.
HP posted a growth of 31.7 percent and a market share of 56.7 percent. Samsung again at No.2 grew slightly with its market share at 19 percent, Canon’s shipments increased by 33.4 percent, and it accounted for 12.8 percent of the market.
The Page A3 MFP segment increased 2 percent compared to the third quarter of 2012. Canon again led the market with 23.1 percent market share; while Ricoh was at No. 2 with 19.4 percent market share, followed by Konica Minolta with 19 percent share.
The page printer market rose 7.6 percent in the third quarter of 2013. The market leaders in this segment were HP with 47 percent market share, followed by Canon at 24 percent market share, and Ricoh with 16 percent market share. HP and Canon’s shipments declined 6 percent and 9 percent.