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Production printers shine with 7,9% growth

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The worldwide production printer market continued to deliver solid growth in the first quarter of 2016 (1Q16) with a 7,9% year-over-year increase marking the sixteenth consecutive quarter of positive growth.
According to the International Data Corporation (IDC) Worldwide Quarterly Production Printer Tracker, worldwide unit shipment value increased 1,4% to nearly $1,2-billion in the same time period.
Additional highlights from the worldwide production printer market in 1Q16 include:
* Label and packaging unit shipments increased 18,8% year over year while Mid Production gained 11,5% in 1Q16.
* Ricoh Group outperformed all other vendors in the top five by posting a 28,8% year-over-year gain in terms of units shipped.