August 17, 2018
HP Inc is leading the OEM pack when it comes to the overall printer market in India, with Epson coming in second and the Canon Group in third.
HP Inc received a substantial 47 percent share, having sold 391,940 units in Q2 2018, while Epson achieved a 24 percent market share, selling 201,565 units and Canon achieved a 20 percent share, selling 170,002 units.
As The NEWS Minute reports, HP dominated the office printing segment with a 32 percent share (without Samsung print).
HP acquired Samsung’s printing division in November 2017.
“HP’s continued leadership position in the printer segment is a testament of the trust consumers and businesses put in our products. Our growth momentum has been fuelled by increasing adoption of printers by home users and businesses of all sizes — large enterprise, SMBs, startups as well as public sector and government departments,” explained Leo Joseph, Senior Director, Printing Systems, HP Inc. India.
Taken altogether, HP, Canon and Epson scooped 91 percent of India’s overall printer market, with the total Q2 units sold reaching 839, 097.
In the A3 segment, “new entrant HP” attained the second rank with a 15.9 percent share in the market, while in the inkjet segment Epson was the leader with 47.7 percent.
“We have been consistently leading the InkTank printer market in India. We will continue to offer unique value and solutions to delight our customers,” said Siva Kumar, General Manager, Inkjet Printers at Epson India.
For the first quarter of 2018, HP Inc was also the leader in the large formant sector, attaining 37.7 percent of the market share.
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