The worldwide production printer market maintained its growth streak in the second quarter of 2016 (2Q16), recording a 10% increase in shipments year over year. Unit shipment value also increased 3.4% to more than $1.1-billion in the same time period, according to IDC.
Additional highlights from the worldwide production printer market in 2Q16 include the following:
•    High-speed inkjet production devices saw 66% growth in system shipments on an annual basis. Canon found good demand for its sheetfed solution, the Océ VarioPrint i300, while Ricoh ramped up sales for its new Pro VC60000 platform with high image quality.
•    A combined view of mid-production and full production segments showed a positive story for color laser in the quarter as well. Inkjet might be taking some of the “big iron” laser share but laser vendors are broadening their portfolios downstream.
•    Konica Minolta Group outperformed all other vendors in the Top 5 by posting 30.4% year-over-year growth in units shipped.
“Successful IT suppliers can offer both inkjet and laser technologies at a variety of price points to the end user, protecting the base while expanding into new markets,” says Amy Machado, research manager, Imaging, Printing, and Document Solutions.