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Transparency Market Research
Africa Printer Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Published Date 23-June-2014
73 Page Report
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Africa Printer Market is Expected to Exceed USD 4,181.3 Million by 2019: Transparency Market Research
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Africa Printer Market
REPORT DESCRIPTION
Africa Printer Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019 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/printermarket.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. 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...