PHOTO - Donovan Low, associate market analyst for IDC's peripherals research in Malaysia.
According to analyst firm IDC, Malaysia's printer and multifunction peripherals (MFP) sector has shown healthy growth during the first quarter of 2012, following 'a lacklustre 2011'.
IDC associate market analyst, peripherals research, Malaysia, Donovan Low, said the rebound followed months of consecutive declines during 2011. "The market expanded 21.2 percent sequentially to reach more than 320,000 unit shipments in the first quarter of 2012, compared to just over 260,000 unit shipments in the fourth quarter of 2011."
"In recent years, the overall demand of multi-function printing machines has been on the rise due to aggressive pricing and marketing efforts put in place by most vendors," said Low. "On top of this, commercial tenders are also driving the market up with more strategic pricing and overall solutions offered."
"Overall, the inkjet printers and MFPs market grew 13.0 percent sequentially, recording more than 197,000 unit shipments in the first quarter of 2012," he said. "Inkjet MFPs experienced a quarter-on-quarter (QoQ) growth of 17.7 percent, accounting for 79.4 percent of the total inkjet market, while inkjet printers continued to shrink sequentially, this time by two percent, holding just 20.6 percent of the total inkjet HCP [hardcopy peripherals] market."
Inkjet printers and MFPs, popular choices among home users, continued to dominate the total HCP market holding 61.7 percent market share as compared to laser printers and MFPs with just over 35 percent, said Low.
"On the other hand, laser printers and MFPs experienced a significant growth of 39.7 percent sequentially in quarter one, 2012," he said. "Large scale commercial tenders and total solutions offered by vendors were the main contributors to this growth. The laser MFP market experienced a strong QoQ growth of 92 percent representing over 62,000 unit shipments in Q1 2012 as compared to just four percent growth recorded for laser printers."
"As the market is expected to face several months of uncertainty because of the overall political situation in the country, spending from end-users as well as public and private sectors is likely to fluctuate," said Low.
"In addition, the contraction of the global economy will decrease the overall spending of users causing further uncertainty in the months ahead," he said. "Considering all these factors, IDC expects slow but steady growth ahead for the printer and MFP market and it is projected to grow at 5.5 percent in 2012."
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