IDC Industrial Printer Tracker Shows Recovery from Impact of COVID-19 on Large Format Printer and Industrial Print Markets in Q4 2020

Expectations for 2021

  • Investments in industrial printers are a measure of the digital transformation of vital markets such as large format graphics, textile printing, and packaging. IDC expects that the reduction in these investments in 2020 will ultimately represent a temporary dip in the overall growth trend.
  • Despite the pandemic, there were numerous technology advancements introduced to the industrial printer market in 2020 that should fuel investments in industrial printing equipment. In some cases, the pandemic has exposed a demand for faster, more agile, and more sustainable production capabilities that are enabled by industrial printing solutions.

About IDC Trackers
IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly Excel deliverables and on-line query tools.

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About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group ( IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights: http://bit.ly/IDCBlog_Subscribe.

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