TECH SUPPLIER Sep 2021 - Market Perspective - Doc # US46356621

Hardcopy Vendor Financials, 2Q21: Transition to Post-COVID-19 Hybrid Workforce Continues Amid Supply Chain Concerns

By: Geoffrey WilburResearch Manager, Print Industry Forecasts

Abstract

This IDC Market Perspective provides excerpts from public financial disclosures by leading hardcopy vendors and details the impact of COVID-19 on performance and forecasts.

"Hardcopy vendor financial reporting in 2Q21 highlighted strong year-over-year growth compared with the same quarter a year ago, which was generally the weakest quarter last year. Financial statements are improving, but most vendors' revenues have not yet returned to pre-pandemic levels. Even as businesses increasingly engage with their hardcopy vendors to prepare for a return to the office, the challenges of an ever-changing COVID-19 business landscape and persistent, ongoing inventory and supply chain issues remain." — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC


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