FOR IMMEDIATE RELEASE
Date: January 17, 2019
Media Contact – Ron Iversen
Vice President Market Intelligence
Phone: (805) 630-4096
Inkjet Cartridge Market Forecast to be $33B per Year Due to Increased Business CISS and PageWide Inkjet Cartridge Use
Virtulytix Releases 2018 Global Inkjet Cartridge Forecast
Virtulytix announces the release of the 2018 Global Inkjet Cartridge Forecast. Covering 2018 to 2022 forecasts and including historical data for 2014 to 2017 the forecast gives a global view of the Inkjet cartridge market. Pivot tables can be used to view forecasts by region along with metrics such as: actual and forecasted unit shipments, growth rates, revenue, average selling prices, and printer installed base for monochrome, single color and tricolor inkjet cartridges. Forecast and historical information is presented across thirteen inkjet printer segments.
At approximately $33 billion the global inkjet cartridge market is forecast to be fairly stable into 2022. However, Virtulytix foresees an increasing shift of inkjet cartridge use in the office, with resulting higher page volumes, due to the growing use of Continuous Ink Supply (CSS) and PageWide inkjet printers and MFPs. For the first time, the 2018 Inkjet Cartridge forecast includes segments for the CISS (Continuous Ink Supply Systems) and PageWide class providing insight into the impact of the growing use of these technologies.
The 2018 Inkjet Cartridge forecast will be useful to printer manufacturers, aftermarket cartridge suppliers, and resellers. “Ink cartridge revenue can represent 60-70% of overall printer revenues and a high level of profit for printer manufacturers” says Ron Iversen, Vice President of Market Intelligence for Virtulytix. “The growing use of CISS and PageWide devices in the office is shifting the mix of inkjet cartridge use from very low page volume consumer use to higher page volume business use. OEMs, Aftermarket suppliers and resellers should position themselves to take advantage of this opportunity.”
The Global 2018 Inkjet Cartridge forecast will be available for ordering on the Virtulytix website in February. For immediate ordering, Regional and other customized views, as well as forecast insight reviews contact Ron Iversen, VP Market Intelligence, at +1 805 630 4096 or at firstname.lastname@example.org.
Formed in 2017 Virtulytix is a leader in providing advanced analytics solutions which enable Industrial IoT device manufacturers, resellers, and fleet managers realize the full potential of their IoT enabled devices and fleets. Virtulytix has developed custom solutions in the Semiconductor, Nuclear Power, and Print and Imaging industries. With over 100M connected devices worldwide, the Print and Imaging industry is one of the largest IoT enabled markets and has been a focal point for the company. The company is the developer of the unique SuppliesIQ™ supplies replenishment solution which enables just-in-time supplies replenishment systems for OEMs, distributors, and dealers who manage IoT fleets of imaging devices.
Virtulytix Imaging Industry Group is a leader in market intelligence and consulting for the imaging industry. With the mission of delivering deep-rooted and comprehensive imaging insights Virtulytix partners with clients to deliver insightful market intelligence and consulting services that help capitalize on emerging opportunities and drive success in organizations. Our successful research and consulting projects include working with top imaging firms, infrastructure providers, MPS providers, software firms, and end-user customers including a ‘who’s who’ list of Fortune 500 firms.