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Media Contact:
Ron Iversen
VP Market Intelligence Services
Phone: +1 (805) 630-4096
Ed Crowley
CEO
Phone: +1 (859) 536 0767
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InkJet MFP Shipments Continue Decline, Except Segment 2 and 3 CISS MFPs
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Key Market Trends Analyzed in New 2019 Worldwide Office Printer and Supplies Market Reports
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Lexington, Kentucky December 18, 2019 -Recently released Global Market reports from Virtulytix indicate that while inkjet MFPs are continuing their decline, Segment 2 and 3 CISS (continuous ink supply system) MFPs are showing strong growth (see Figure 1). This is covered in the
Virtulytix Office Printer and Supplies Market Report
series for hardware (laser and inkjet), supplies (ink and toner), and media (paper and specialty media). They are available in an executive summary report format (called Market Perspectives), as well as detailed Excel pivot tables and intelligent executive dashboards (
Smart Forecast
).
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The new market reports include actual printer hardware and consumables shipments, installed base, average sales prices and revenue from 2015 - 2018 and forecasts from 2019-2023. According to Ron Iversen, Vice President of Market Intelligence at Virtulytix, these new reports are the most comprehensive analysis of the office printer supplies (ink, toner, media) industry available today. The supplies reports are critical since office printer supplies represent about 70-80% of total worldwide office printing revenue (60% ink and toner, 20% media), with printer hardware accounting for the remaining 20%
The full worldwide excel pivot table based forecasts allow clients to generate custom cuts of the forecasts by printer type (lasers, inkjets), by printer segment (speed, MFP vs. SFP, mono vs. color, by cartridge type (mono, color, tri-color, OEM vs. Aftermarket), by geography, and by type of media type (Media Forecast). The 2019 Inkjet Printer Hardware and Supplies Forecasts and Forecast Perspectives include special segments for CISS devices (Continuous Ink Supply Systems), high speed inkjet printers and supplies (HP PageWide class devices), and for photo printers.
The 2019 Cartridge Forecast Perspectives include many informative charts such as Figure 2 from the Global Toner Cartridge Forecast Perspective which highlights the recent growth in Color MFP supplies, and the projected declines in total toner supplies in the future.
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The 2019 Forecast Perspectives are very affordable 15-25 page summaries of each of the excel pivot table hardware, ink, toner and media forecasts and are available for each geographic region including North America, EMEA, Latin America, and Asia Pacific. Each Forecast Perspective includes a number of charts/graphs based on the excel pivot table forecasts and also include our Industry Consultants’ views on key issues and trends impacting the imaging industry. The Virtulytix Consultants each have over 30 years of experiences in senior roles in the imaging industry.
Countless numbers of clients including printer/supplies manufacturers, resellers, aftermarket suppliers, and investors have found the Virtulytix Forecasts and Forecast Perspectives to be invaluable and affordable. The Supplies Market Report is included in Virtulytix’s new
PAGEpulse
service which utilises data gathered data from over 30,000 devices in North America to analyse page printing trends and predict future printing dynamics.
For more information about the 2019 Virtulytix Forecasts and Forecast Perspectives, please contact Ron Iversen, Vice President Market Intelligence at
ron.iversen@virtulytix.com
, (805) 630-4096.
About Virtulytix
Formed in 2017 Virtulytix is a leader in providing advanced analytics solutions which enable Industrial IoT device manufacturers, resellers, and fleet managers realize the full potential of their IoT enabled devices and fleets. Virtulytix has developed custom solutions in the Semiconductor, Nuclear Power, and Print and Imaging industries. With over 100M connected devices worldwide, the Print and Imaging industry is one of the largest IoT enabled markets and has been a focal point for the company. The company is the developer of the unique SuppliesIQ™ supplies replenishment solution which enables just-in-time supplies replenishment systems for OEMs, distributors, and dealers who manage IoT fleets of imaging devices.
Virtulytix Imaging Industry Group is also a leader in market intelligence and consulting for the imaging industry. With the mission of delivering deep-rooted and comprehensive imaging insights Virtulytix partners with clients to deliver insightful market intelligence and consulting services that help capitalise on emerging opportunities and drive success in organisations. Our successful research and consulting projects include working with top imaging firms, infrastructure providers, MPS providers, software firms, and end-user customers including a ‘who’s who’ list of Fortune 500 firms.
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