Worldwide Hardcopy Peripherals Market, Unit Shipments, Company Share, and Year-Over-Year Growth, Q4 2024 (based on unit shipments)

NEEDHAM, Mass., March 16, 2025 – In the fourth quarter of 2024, the global Hardcopy Peripherals (HCP) market experienced a 3.1% year-over-year (YoY) growth, with nearly 22 million units shipped. This marks the second consecutive quarter of positive YoY growth, as reported by the IDC Worldwide Quarterly Hardcopy Peripherals Tracker.

The fourth quarter of 2024 showed varied regional outcomes. Five out of nine regional markets recorded positive YoY growth, including Western Europe (10.5%), Asia Pacific (excluding Japan and PRC) (5.4%), Latin America (29.5%), the Middle East & Africa (4.3%), and Canada (10.6%). These increases were attributed to improved economic conditions in certain regions and attractive promotions from key vendors.

Company	4Q24 Unit Shipments	4Q24 Market Share %	4Q23 Unit Shipments	4Q23 Market Share %	4Q24/4Q23 Growth %
1. HP Inc.	7,502,356	34.2%	7,055,552	33.2%	+6.3%
2. Epson	4,944,913	22.5%	4,693,384	22.1%	+5.4%
3. Canon Group	4,466,240	20.4%	4,505,969	21.2%	-0.9%
4. Brother	2,146,550	9.8%	2,011,944	9.5%	+6.7%
5. Pantum	639,777	2.9%	557,970	2.6%	+14.7%
Others	2,245,449	10.2%	2,457,984	11.5%	-8.6%
Total	21,945,285	100.0%	21,282,803	100.0%	+3.1%

Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, February 6, 2025

Notes:

IDC tracks A3-A4 devices in the Quarterly Hardcopy Peripherals.
Hardcopy Peripherals include single-function printers, multifunctional systems (MFPs), and single-function digital copiers (SF DC). Data for all vendors are reported for calendar periods.