Worldwide shipments of hardcopy peripherals declined 17.6% year over year to 18.8 million units in the first quarter of 2024. Shipment value also contracted 15.6% year over year during the quarter to $9.3 billion, according to IDC.
The three largest regional markets saw annual declines in unit shipments, ranging from 19.9% to 18.2%. One of the reasons for the contractions was that the same period last year had a higher base leading to less favorable year-over-year comparisons. In addition, vendors have restricted shipments to address reduced profitability, following recent periods of price reductions and high channel inventory.
While all of the top 5 vendors (HP, Epson, Canon, Brother, and Pantum) experienced year-over-year contractions, Brother saw the smallest decline of 8.0%. Brother recorded year-over-year growth in the Asia/Pacific region (excluding Japan and China) thanks to its ability to increase its shipments of Ink Tank models through recruitment of B2B-centered channels.
The latest Eurobarometer survey on European citizens' knowledge and attitudes towards science and technology shows more than 8 in 10 citizens (83%) think that the overall influence of science and technology is positive.
A new study from Juniper Research has found that global revenue from wholesale roaming will grow from $9 billion in 2024 to $20 billion by 2028.
The worldwide unified communications and collaboration (UC&C) market is forecast to reach $69.1 billion in revenue in 2024, an increase of 7.5% compared to 2023, according to IDC.
