Printers used to be a pricey luxury in Asian homes, then along came ... you know what

Best not to go long on printer shares, IDC predicts copy shops will rise again

Analyst firm IDC has spotted up an uptick in the Asia Pacific region's printer market, thanks to a certain virus you may read about in the news of late.

The firm's new Worldwide Quarterly Hardcopy Peripherals (HCP) Tracker noted 5.5 per cent year-on-year growth for 2020, taking units sold from 3.3 million in Q4 2019 to 3.5 million in Q4 2020. Overall, numbers were still down 13.9 per cent for the whole of last year.

“Unlike the Western regions, home-based users have never been a big market for HCP in this region except for a few countries such as Indonesia,” said Han Jie Poh, IDC's senior research manager for imaging, print, and document solutions research at IDC Asia/Pacific.

Consumer sales rose while commercial peripherals dropped as the COVID-era change in the work and education environment inspired people to install or replace printers in their homes. Company reimbursements and government IT product stimulus packages contributed to the surge, Poh said.

But the analyst said the even the inkjet printers that sold well in late 2020 - at price points of US$50-100 - are "quite expensive for majority of the households in this region".

PCs on sale in a retail store

Asian PC shipments flatlined in 2020 as global sales soared by 13% – why?


Moving into 2021, Poj predicted sales would therefore sink to previously normal levels

"It is likely that they would outsource to copy shops for any print requirement once things return back to normal without maintaining a device at home," he said.

IDC's numbers cover single-function printers, multifunctional systems (such as all-singing fax/print/scan devices), and single-function digital copiers. The numbers covered an Asia Pacific region, but excluded Japan and China.

Inkjets were the clear top product with 66.6 per cent of the market share for Q4 2020. Lasers won 31.9 per cent of spend for the same period, with dot matrix printers still hanging on with 1.5 per cent of the market.

The demand for inkjets caused product shortages and even led some to settle for laser printers in the absence of inkjet stock, said the analyst. Entry-level lasers dominated the market.

The HCP market has shrunk, measured by shipments, since the second quarter of 2018. IDC noted that the worldwide market for HCP grew for the first time in two years - by 8.6 per cent year over year to nearly 26.2 million units - in Q3 2020. ®

Similar topics

Other stories you might like

  • UK Home Secretary delays Autonomy founder extradition decision to mid-December

    Could be a Christmas surprise in store from Priti Patel

    Autonomy Trial Autonomy founder Mike Lynch's pending extradition to the US has been kicked into the long grass again by the UK Home Office.

    Lynch is wanted in the US to stand trial on 17 charges of fraud and false accounting. He is alleged to have defrauded Hewlett Packard investors over the sale of British software firm Autonomy in 2011.

    Continue reading
  • Want to buy your own piece of the Pi? No 'urgency' says Upton of the listing rumours

    A British success story... what happens next?

    Industry talk is continuing to circulate regarding a possible public listing of the UK makers of the diminutive Raspberry Pi computer.

    Over the weekend, The Telegraph reported that a spring listing could be in the offing, with a valuation of more than £370m.

    Pi boss, Eben Upton, described the newspaper's article as "interesting" in an email to The Register today, before repeating that "we're always looking at ways to fund the future growth of the business, but the $45m we raised in September has taken some of the urgency out of that."

    Continue reading
  • All change at JetBrains: Remote development now, new IDE previewed

    Security, collaboration, flexible working: Fleet does it all apparently

    JetBrains has introduced remote development for its range of IDEs as well as previewing a new IDE called Fleet, which will form the basis for fresh tools covering all major programming languages.

    JetBrains has a core IDE used for the IntelliJ IDEA Java tool as well other IDEs such as Android Studio, the official programming environment for Google Android, PyCharm for Python, Rider for C#, and so on. The IDEs run on the Java virtual machine (JVM) and are coded using Java and Kotlin, the latter being primarily a JVM language but with options for compiling to JavaScript or native code.

    Fleet is "both an IDE and a lightweight code editor," said the company in its product announcement, suggesting perhaps that it is feeling some pressure from the success of Microsoft's Visual Studio Code, which is an extensible code editor. Initial language support is for Java, Kotlin, Go, Python, Rust, and JavaScript, though other languages such as C# will follow. Again like VS Code, Fleet can run on a local machine or on a remote server. The new IDE uses technology developed for IntelliJ such as its code-processing engine for features such as code completion and refactoring.

    Continue reading

Biting the hand that feeds IT © 1998–2021