Hardcopy Vendor Financials, 2Q24: Strong in Yen, Weak in Dollars

Description

This IDC Market Perspective contains excerpts from public financial disclosures by leading hardcopy vendors and details the impact of inflation, economic uncertainty, and other issues facing hardcopy vendors on performance and forecasts."The second quarter of 2024 provided the illusion of prosperity, as a weakening yen gave the appearance of solid year-over-year growth. However, U.S. dollar-denominated growth was negative, as economic and geopolitical turmoil continued to cause enterprises to exercise caution when considering print infrastructure spending. The exchange rate tailwind is expected to subside in the second half of 2024, while underlying demand is likely to remain soft until strength returns to the global economy." - Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC

Product Code: US51456424

Executive Snapshot

New Market Developments and Dynamics

Financials by Vendor
- Brother
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Printing and Solutions Business Unit
    - Domino Business Unit
    - Inventory Notes
- Canon
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Printing Business Unit
    - Inventory Notes
- Epson
  - Highlights
    - Sales by Business Unit
  - Key Takeaways and Outlook
    - Office and Home Printing Business Category
    - Commercial and Industrial Printing Business Category
    - Inventory Notes
- HP Inc.
  - Highlights
    - Sales by Business Unit
    - Sales by Regions
  - Key Takeaways and Outlook
    - Printing
    - Inventory Notes
- Konica Minolta
  - Highlights
    - Sales by Business Unit
  - Key Takeaways and Outlook
    - Digital Workplace Business Unit
    - Professional Print Business Unit
    - Inventory Notes
- Kyocera
  - Highlights
    - Sales by Business Unit
  - Key Takeaways and Outlook
    - Document Solutions Group
    - Inventory Notes
- Ricoh
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Digital Services
    - Digital Products
    - Graphic Communications
    - Inventory Notes
- Sharp
  - Highlights
    - Sales by Business Unit
  - Key Takeaways and Outlook
    - Smart Office Business Unit
    - Inventory Notes
- Xerox
  - Highlights
    - Sales by Business Unit
    - Sales by Region
  - Key Takeaways and Outlook
    - Inventory Notes