A
new Transparency Market Research report states that the Africa
printer market was estimated at US$2,300.0 million in 2012 and is
predicted to reach US$4,181.3 million by 2019, expanding at an 8.8%
CAGR between 2013 and 2019. The title of the report is “Africa
Printer Market - Industry Analysis, Size, Share, Growth, Trends and
Forecast 2013 - 2019”.The economy in African countries is
witnessing exponential growth in demand for printer technologies
owing to rising energy investments and due to growth of the sector of
communication and information technology. As per the African
Development Bank, more than one-third of the countries in Africa hold
a GDP growth rate greater than 6%. This increased growth rate has
attracted global manufacturers of printers to the developing
economies in Africa owing to the inconsistency in the demand for
these printers globally.
Browse
the full Africa Printer Market (Laser, Inkjet and Dot-matrix) -
Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 -
2019 report at
http://www.transparencymarketresearch.com/printer-market.html
As
per the report, the rise in demand for multifunction printers (MFP)
in mid-sized enterprises (SMEs), small and corporate enterprises, and
in government agencies has fuelled the printer market in Africa. In
addition, the reduced prices of printers are also augmenting their
demand in Africa. On the other hand, the transferring of the workflow
to the electronic format from hard copy is a key factor impeding the
growth of the market.
On
the basis of product type, the market for printers in Africa is
segmented into lasers, inkjets, and dot-matrix printers. Amongst
these, in 2012, laser printers were the biggest segment in terms of
revenue share. Laser printers have surfaced as the major technology
that is being utilized in MFPs. Hence, the increasing demand from the
corporate segment for MFPs is helping the market for laser printers
in Africa. Dot-matrix technology is witnessing growth in demand from
applications that prioritize low cost of printing over the quality of
the print. On the basis of end users, the market for printers in
Africa is segmented into the education sector, enterprise and
corporate, printing industry/media, the public sector, and the
consumer sector, which includes home office users and small office
users, among others.
Browse
the full Press Release
:http://www.transparencymarketresearch.com/pressrelease/printer-market.htm
On
the basis of geography, the printer market in Africa is segmented
into ten key countries, namely Angola, South Africa, Madagascar,
Botswana, Zambia, Namibia, Zimbabwe, Mozambique, Tanzania, and Rest
of Africa (RoA). Amongst these, in 2012, South Africa was the biggest
market and represented a share of 20.8% in the total market for
printers in Africa. The rise in demand for managed print services in
addition to MFP as well as large format printers have propelled the
demand for printers in South Africa.On the other hand, Botswana is
witnessing exponential growth in industries such as banking and
finance and telecom. Botswana is predicted to account for growing
demand from the Africa printer market, due to the rising preference
for MFPs and laser color printers.Canon, Inc., Brother Industries,
Ltd., Hewlett-Packard Development Co. LP, Seiko Epson Corp., and
Samsung Electronics Co. Ltd. are amongst the prominent players in the
market for printers in Africa.
Africa
Printer Market Segmentation:
Africa
Printer Market Analysis, by Type
Laser
printer
Inkjet
printer
Dot-matrix
printer
Africa
Printer Market Analysis, by Country
South
Africa
Angola
Botswana
Madagascar
Namibia
Zambia
Tanzania
Zimbabwe
Mozambique
Rest
of Africa
Request
a Sample of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2486
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