Forecast: Personal MFPs will be the Rising Star in a Flat Mono Laser Market11 May, 2005
Forecast: Personal MFPs will be the Rising Star in a Flat Mono Laser Market
In a new report, Lyra Research points to personal monochrome laser MFPs as the standout performers in an otherwise flat monochrome laser market. According to the new report, Personal Monochrome Laser MFPs: Hardware and Supplies Forecast and Analysis, the worldwide installed base of personal monochrome laser MFPs will grow from 6.5 million units in 2003 to 10.2 million units in 2008, a compound annual growth rate of 9 percent. Featured online at www.lyra.com, this report is required reading for anyone in the monochrome laser hardware or supplies businesses.
A number of factors are driving the brisk growth in this market. In the small-office/home-office (SOHO) environment, multifunction printers are gaining increased acceptance, and more consumers are opting for the convenience of all-in-one printing, copying, scanning, and faxing. Aggressive pricing has also closed the gap between multi- and single-function printers, making MFPs more appealing to consumers.
"Vendor strategies to grow the monochrome laser MFP market base are paying off. And, the increased installed base translates to increased toner cartridge shipments and revenue, benefiting both OEM printer vendors and aftermarket suppliers," says Lloyd "Grey" Held, director of Lyra's Hard Copy Supplies Advisory Service.
Lyra Research forecasts that personal monochrome laser MFPs will displace single-function laser printers over the coming years, making this comprehensive report required reading for anyone involved in the monochrome laser hardware or supplies markets. This report includes regional shipment, revenue, and installed-base data for personal monochrome laser MFPs; sizing of the toner cartridge market for these devices; vendor profiles; and trends in this market segment.