Revenues from printer, media, ink sales to reach $92 billion by 2007, says forecast.(Brief Article)

Photo Marketing Newsline, January, 2004

I.T. Strategies, Hanover, Mass., forecasts worldwide revenues from the sale of inkjet (both narrow and wide format) and color electrophotographic printers (digital presses, connected color copiers and desktop laser printers), and their related consumables, totaled $55 billion in 2002. By 2007, total digital color revenues are forecast to reach almost $92 billion.

In 2002, revenues from chemistry (ink and toner), at almost $27 billion, made up almost half of the market. By 2007, revenues from chemistry are expected to be almost $50 billion, representing about 54 percent of the market. Hardware revenues will drop from 32 percent ($18 billion) in 2002, to 22 percent in 2007, reflecting the continuing decline in hardware pricing. In 2002, inkjet printers, media and...

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