According to data published by the IDC (International Data Corporation), 26.4 million printers and MFPs were sold in the first quarter of 2014. This represents an increase of 2.1% over last year. Q1 2014 was the third consuctive quarter showing year-on-year growth.
Looking in more detail at the various market segments, inkjet represents 58.4% of all units sold (down 3% against the preceding quarter), while laser sales were up 4% to 38% in Q1 2014.
Sales of monochrome laser machines were up 2.6% year on year, and now make up 80.1% of the laser market in terms of units shipped. Color laser device sales were up 8.9% on the same period last year, and now represent 19.9% of worldwide laser sales.
The two biggest printer markets are Asia/Pacific (discounting Japan) and Eastern Europe, with growth of 5.5% and 7.7% respectively.
Looking at how the brands have fared, we see HP at the top with a market share of 40.3% and growth of 6.5% on last year's sales figures. IDC put this success down to promotional activities aimed directly at end customers.
Canon's sales were down by 7.2% compared to this time last year, but they remain in second place in terms iof market share.
Epson are in third place with 14.3% of the world printer market with good MFP sales; followed by Brother then Samsung.
Ricoh, for the very first time, finds itself at number five in terms of worldwide laser sales.