March 6, 2023
Worldwide hardcopy peripheral (HCP) shipments increased 11.6% in the fourth quarter, according to IDC Tracker.
The worldwide hardcopy peripherals market saw overall shipments grow 11.6% year-over-year to nearly 25.0 million units in the fourth quarter of 2022 (4Q22). Shipment value during the quarter increased 14.8% to $11.1 billion (€10.45 billion), according to the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker.
The strong gains during 4Q22 weren’t enough to fuel shipment growth for the full year, the overall market declined 1.4% year-over-year for 2022. However, market value improved 0.7% year over year to approximately $39.9 billion (37.55 billion) for all of 2022.
Notable highlights from the quarter include:
- The top 3 regional markets all recorded year-over-year growth during 4Q22with China (PRC) leading the way with 31.7% growth, followed by Western Europe at 13.1% and the United States at 7.2%. Contributing to these gains were improved microchip/component supplies and adequate inventory to meet consumer and business demands. Despite the gains in 4Q22, Western Europe and the U.S. both saw a year-over-year decline in shipments for the full year 2002, down 4.1% and 6.2%, respectively. China ended the year with shipment growth of 8.2% for 2022.
- The top 5 vendors all saw year-over-year growth in 4Q22. Key drivers for this growth include improved supplies, increased consumer demand, robust consumer promotions, and enhanced channel incentives.
Categories : World Focus