target audience: TECH SUPPLIER Publication date: Jul 2024 - Document type: Market Perspective - Doc Document number: # US52385624
What's Changed in the U.S. Laser A3 MFP Market Since 2019?
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Abstract
This IDC Market Perspective offers our first in a series of documents that will highlight "what's changed" in key hardware market segments since 2019. The specific period for this analysis is important and purposely obvious as it includes the last full year not impacted by the global COVID-19 pandemic up through the completion of the most recent year. In between, several unique and major market forces combined to contribute to a seismic market shift. In this document, we explore the specific impact on the established A3 MFP market with its legacy roots in the copier industry.
"A3 MFPs — and before that, analog and digital copiers — have had a long-standing presence in providing the office market's needs for hardcopy documents. Unique world events experienced from early 2020 to the present have served to materially change the trajectory for many technology segments including the copy/print opportunity," said Keith Kmetz, program vice president, Imaging, Printing, and Document Solutions at IDC. "This new document examines recent history in the context of uncovering new developments within key foundational product categories with an eye toward future expectations."