TechNavio Analysts Say Inkjets Drive Growth of Global Printer Market

In its report on the Global Printer Market 2012-2016, TechNavio’s analysts expect the Global Printer market to expand at a compound annual growth rate (CAGR) of 4.2% over the period 2012 to 2016. The Report finds an increasing demand for inkjet printers is one of the key factors driving the printer market

Located in Elmhurst, Illinois, TechNavio is a leading technology research and advisory company offering global coverage.

The Global Printer Report includes markets in the Americas, the EMEA (Europe, the Middle East and Africa) and Asia Pacific regions. It covers the Global Printer market landscape and its growth prospects in the near future.

A discussion of the key vendors in this market is included. The four key vendors seen dominating this sector are Brother Industries Ltd., Canon Inc., Hewlett-Packard Co., and Seiko Epson Corp.

Among the questions asked and answered in this Report are:

What will the market size be in 2016?

What will be the compound annual growth rate?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market?

What market opportunities and threats do key vendors face?

What are the strengths and weaknesses of each key vendor?

Recycling Times finds the trend predicted by TechNavio agrees with that shown by the data from IDC’s (International Data Corporation) Worldwide Quarterly Hardcopy Peripherals Tracker. The IDC report announced the good news that the worldwide hardcopy market shows inspiring signs of a slower Year-Over-Year decline.