FOR IMMEDIATE RELEASE
Date: January 16, 2019
Media Contact – Ron Iversen
Vice President Market Intelligence
Phone: (805) 630-4096
Inkjet Media Growing as Use Shifts from Laser to Inkjet in the Office
Virtulytix releases 2018 Global Media Forecast
Virtulytix is announcing the availability of the 2018 Global Media Forecast. Forecasting the market from 2018 to 2022, the Virtulytix Global Media Forecast also includes historical data for 2014 to 2017 and provides a global view of the laser and inkjet media market. Pivot tables allow viewing the forecast by region, page and sheet volumes, actual and forecasted shipments, growth rates, revenue, average selling prices for each media type, device function, and other metrics. Based on the installed base of printers and MFPs the forecast takes into account Average Monthly Print Volumes (AMPV) for the various type of printers/MFPs.
According to Ron Iversen, Vice President Market Intelligence for Virtulytix, “While the overall office laser media volumes and revenue continue to decline, inkjet media is growing due to the mix shift from consumer to business inkjets, the latter which have a higher AMPV.”
Iversen says, “Although the overall printer media market will decline, it is still a very large market at almost $35 billion in 2022. However, due to the shift occurring to inkjet from laser especially in the office, and media price differentials, we forecast global inkjet media revenue growing and perhaps surpassing laser media revenue before 2025. Printer manufacturers and media companies that plan for this shift can take advantage of this trend.”
The Global 2018 Media forecast will be available for ordering on the Virtulytix website in February. For immediate ordering as well as specific Regional views, other customized views, and 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.