Imaging Hardware Market Declines, Leaving Select Growth Opportunities.

The printing hardware market continues to trend downward, led by inkjet shipment decline. However, patches of growth and opportunity are identified, leaving select growth opportunities for the strategically aligned.

Positive trends are expected in laser hardware shipments through 2019. Monochrome shipments are forecasted to increase by 2.1 percent compound annual growth rate (CAGR) globally. Likewise, color laser shipments are expected to grow by 3.7 percent CAGR. Upward trends are predominantly associated with multi-function printer (MFP) growth, as monochrome single-function printer shipments show consistent decline.