New research from IDC reports that print volume is expected to remain relatively flat between 2010 and 2015, a 0.1% compound annual growth rate (CAGR), with combined U.S. printer and multifunction peripheral (MFP) page volume reaching 1.2 trillion at the end of the forecast period.
Printed page volume is expected to remain steady despite a number of obstacles including the introduction of green initiatives within a growing number of enterprises; more widespread managed print services engagements; changing end-user behavior patterns from young, digitally-oriented workers; and, a weak economy.
The research notes several trends:
- MFPs are winning the print volume race as users move away from single function printers and embrace the benefits and flexibility of MFPs. Total MFP pages are considerably larger in number than printer pages and are forecast to grow at a CAGR of 1.4% with total pages exceeding 857 billion in 2015.
- There’s an ongoing industry shift from monochrome to color devices. Color laser and inkjet pages are each expected to see respectable growth over the forecast period however, monochrome laser pages are anticipated to reach a staggering 799.9 billion pages in 2015, despite a declining CAGR.
- The influx of shipments moving from low-end printer to MFPs, and from lower to higher speed MFPs, will lower MFP average monthly page volumes.
- The inkjet installed base is the largest of the three technology categories (monochrome laser, color laser, and inkjet.)