Printer, copier and MFP shipments up 6.8 percent, totalling 715,202 units for the second quarter of 2012.
Analyst firm Gartner has announced that the 
combined printer, copier and multifunction product (MFP) market in India for the second quarter of 2012 has increased by 6.8 percent compared with the same period in 2011.
The combined market totalled 715,202 units, with a total end user spending of $208.1 million (€160.7 million), representing a 35 percent increase from 2Q11.
HP remains leader in the combined market, with a market share of 51 percent, followed by Canon at 23 percent and Epson and Samsung possessing eight percent each.
Both the A4 and A3 MFP segments increased, by 54.1 and 31.7 percent respectively, while the inkjet printer market declined by 7.2 percent.
Amrita Choudhury, Research Analyst, Gartner, commented: “MFP growth in India has been driven by the Banking, Financial Services and Insurance, Education and Government sectors […] Print vendors introduced various new models in the market, especially in the 11-20 ppm, 21-30ppm, and 31-40 ppm segment.
“Serial inkjet and page technology for both colour and monochrome printers and MFPs were well received. The market also gained some traction in the high speed segment, often used by large publishing houses or organisations to print their outbound communications e.g. brochures, marketing collaterals, e.t.c.”