July 14, 2003—Recent research by CAP Ventures indicates that overall printer and printer-based multifunction (MFP) unit placements in the United States increased 5.7%, growing from 26.1 million in 2001 to 27.6 million in 2002. Most impressively, personal printer-based MFP placements grew 40%. CAP Ventures is a strategic consulting firm for providers and users of business communication technologies and services.
In general, personal printers declined as users moved to new lower-cost, higher functionality workgroup printers. Color page printer placements increased by over 22% as lower-cost units became available. Black & white page printer placements were up 32.1%, which CAP Ventures attributes to the increase in perceived value of the new lower-cost, higher performance, and feature rich workgroup printers. Color inkjet printer placements declined 7% as users migrated to low-cost inkjet MFPs, which were up 41%.
The results of this research are now available in a report entitled Preliminary Year 2002 US Printer Market Placements, available immediately to clients of CAP Ventures’ North American Digital Peripherals Solutions Consulting Service. To learn more or to make a purchase, contact Stewart MacDonald at 781-871-9000 ext. 175.
