U.S. Printer and MFP Forecast, 2025-2029

This IDC study quantifies the U.S. single-function printer and multifunction peripheral market opportunities in detail, analyzing issues, trends, and product advances in these markets. Unit shipments, value of shipments, and average selling value (ASV) information is presented. Data for 2022-2024 is actual, whereas data for 2025-2029 is projected."In 2024, the printer and MFP market declined again, following a disappointing 2023. Economic uncertainty continued through year-end in the United States, as businesses and consumers considered purchasing decisions more carefully in light of this market condition. This economic weakness is expected to persist through at least the first half of 2025. Not much growth is expected in 2025, and the market is subsequently expected to return to a long-term declining trajectory. However, longer-term growth opportunities remain in select market segments, as production printing and higher-price band inkjet offer notable growth potential." - Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC