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Total market shipments for the quarter declined by 2.6% to 4.28 million units.
The country's zero-Covid policy has seen economic growth at just 0.4 per cent YOY for the second quarter.
Managed Print Services continues to increase but its importance is declining.
The majority of the organizations are still planning their transformation journey in the next 12-24 months.
Shipment declined 2.4% quarter-over-quarter or 25.2% year-over-year as the country dealt with severe economic crisis.
The study is said to be the first independent and comprehensive analysis of sustainability strategies.
Large format digital printer shipments make up the bulk of industrial printers.
This marked the third quarter that registered a year-over-year decline for the region since Q3, 2021.
Shipment value was down 10.6% year over year during the quarter to $9.7 billion.
The overall growth in Q1, 2022 was mostly driven by inkjet printers.
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Friday, January 24, 2025
