IDC: Hardcopy Peripherals Shipments Increase 2% in Q1
NEEDHAM, MA – Worldwide shipments of hardcopy peripherals grew 2.2% year over year to 22.8 million units in the first quarter. Shipment value also expanded 14% year over year during the quarter to $11 billion, according to new data from the International Data Corporation 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 the first quarter, with the US leading the chart at 27.7% growth, followed by China 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 the quarter, with Epson at 11.2%, Brother 16%, and Pantum 33.9%.
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Worldwide Hardcopy Peripherals Market, Unit Shipments, Company Share, and Year-Over-Year Growth, Q1 2023 (based on unit shipments) |
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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% |
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Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, May 31, 2023 |
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