U.S. Printer and MFP Market Shares, 2024: Shipments Decline for Most Vendors as Economic Uncertainty Reigns

This IDC study provides vendor market shares for the printer and MFP market in 2024."Print vendors saw another year of declining shipments and value in 2024, as the return to office continued to slow while economic uncertainty continued to suppress business growth. ASPs, which were boosted by return-to-office purchases to help drive value growth in 2023, fell back to 2022 levels as the market mix shifted back toward lower-priced printers and MFPs. As vendors pursue opportunities in the current tepid economic climate, success will be determined by the extent to which each vendor's product offerings meet current and evolving business needs." - Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC