HP Inc Dominates Business Inkjet Market Amidst Market Growth in Q3

A report from IDC shows that HP Inc remains the overall hardcopy market leader, with a 38.7% share. They are followed by Canon, who have 20.5% and Epson at 15.8%

The report shows that manufacturers shipped 2.2 million business inkjet devices in the third quarter of 2015 – a 16.3% year-over-year growth.

The overall worldwide hardcopy peripherals market recorded a year-over-year decline of -6.3% with total shipments of 25.8 million units. The market value overall was down -5.7% to $13.8 billion over the same period. IDC also said that high-end colour laser devices (45 ppm+) recorded growth of 15.3%.