According
to a new market report published by Transparency Market Research
"Printer Market - Africa Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 - 2019," the printer market in Africa
was worth USD 2,300.0 million in 2012 and is expected to reach USD
4,181.3 million by 2019, growing at a CAGR of 8.8% from 2013 to 2019.
Within Africa, South Africa was the largest market for printers in
2012. The growth is primarily driven by increase in usage of
multifunction printers (MFP) in government and corporate segments.
Browse
the full Africa Printer Market report at
http://www.transparencymarketresearch.com/printer-market.html
Growth
of MFP market and increase in demand for managed print services (MPS)
and solutions are the key factors driving the growth of African
printers market. Emergence of advanced technology printers such as
high speed laser printers and color laser printers is driving the
need to replace older printing infrastructure, thus fueling market
growth. However, shift in workflow from hard copy to electronic
format is one of the factors inhibiting market growth.
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Free Sample Report at
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2486
Among
all product types, laser printer was the largest segment in 2012 and
accounted for 76.8% share of the total market. The segment is also
expected to witness highest growth during the forecast period. Inkjet
printers are finding significant demand in large format printing
owing to benefits such as environment friendliness and better color
effect. The growth of large format printing is expected to aid the
growth of inkjet printers market.
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more Semiconductor and Electronics related reports at
http://www.transparencymarketresearch.com/semiconductor-market-reports-5.html
Geographically,
South Africa was the largest printer market accounting for 20.8%
share in 2012 and is expected to observe the highest growth
throughout the forecast period. This growth is attributed mainly to
increase in demand for multifunction printers (MFP) in corporate and
government sector.
The
report studies the printer market in Africa, and provides estimates
in terms of revenue (USD million) from 2013 to 2019.
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