Defense Speak Interpreted: Update on the Continuing Resolution and Budget Process for Defense
American Made Advocacy: Reshoring—About Trust, Not Just Geography
Beyond the Board: The Future of Innovation—Why the Electronics Industry Needs You
Worldwide Hardcopy Peripherals Shipments Decreased 1.5% Year Over Year in the Second Quarter of 2024
September 20, 2024 | IDCEstimated reading time: 1 minute
Worldwide shipments of hardcopy peripherals declined 1.5% year over year to nearly 19.2 million units in the second quarter of 2024 (2Q24). The global shipment value for all devices also declined 6.6% year over year to $8.9 billion, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker.
Notable highlights from the quarter include:
-
The United States was one of the top regions with year-over-year growth of 0.6% in units shipped, driven by demand for HP Inc. inkjet devices, especially the ink tank sector. The company has been able to grow inkjet devices through eTailer channels and price reductions.
-
The People's Republic of China, one of the top regions in terms of units shipped, showed the largest decline (down 3.3% year over year) due to budget constraints in the commercial sector and delayed government purchases.
-
Among the top 5 companies, HP Inc., Epson, and Pantum each saw shipment growth in 2Q24 with gains of 0.1%, 4.3%, and 11.2% respectively. HP Inc. saw strong growth in China where shipments were up 28.4% year over year while Epson had a 5.6% gain in the Asia/Pacific (excluding Japan and China) region. Epson also saw continued growth in the education sector, which has higher print requirements for purposes such as worksheet and test paper printing.
Share on:
Suggested Items
China Smartphone Market Grew 3.3% in 1Q25, Outperforming Global Growth Ahead of US-China Trade Tensions
04/17/2025 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China's smartphone market shipped 71.6 million units in 1Q25, a 3.3% year-on-year (YoY) increase.
Vertex Growth Announces Commitment of €10M Investment in Dolphin Semiconductor to Accelerate Growth Strategy
04/16/2025 | BUSINESS WIREVertex Growth, a Singapore-based growth-stage venture capital fund, today announced a commitment of €10M in Dolphin Semiconductor, a leading provider of semiconductor IP solutions specializing in mixed-signal IP design. This investment will further support and accelerate the execution of Dolphin Semiconductor's growth strategy.
Cicor Reports Double-Digit Growth Driven by Integration & M&A
04/15/2025 | CicorThe Cicor Group has made a successful start to the 2025 business year. In the first quarter, sales increased by 22.2 % to CHF 131.1 million (Q1/2024: CHF 107.3 million), while order intake increased by 29.1 % year-on-year to CHF 125.8 million.
Worldwide Smartphone Market Grew 1.5% in Q1 2025, Amid On-going US-China Trade Tension
04/15/2025 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker , global smartphone shipments increased 1.5% year-over-year (YoY) to 304.9 million units in the first quarter of 2025 (1Q25).
Gartner: Worldwide PC Shipments Increased 4.8% in Q1 of 2025
04/14/2025 | Gartner, Inc.Worldwide PC shipments totaled 59 million units in the first quarter of 2025, a 4.8% increase from the first quarter of 2024, according to preliminary results by Gartner, Inc. U.S. PC shipments grew 12.6%, reaching 16 million units in the first quarter of 2025.