The printer market in India grew by 3.9 per cent year-on-year to 6,95,128 units in the first quarter of 2012, technology researcher Gartner said today.
"The first quarter was a mixed bag for most of the print providers in the Indian market. The imaging industry saw a slight push by the government and the home segment despite the glum economic scenario prevailing overall in the IT sector,” said Amrita Choudhury, research analyst at Gartner.
HP remained the leader in the India printer, copier and MFP market, as its market share totalled 58.7 per cent in the first quarter of 2012, followed by Canon with 12.7 per cent market share, Epson at 9.7 per cent, and Samsung with 8.8 per cent market share.
The A4 MFP segment is expected to remain the growth engine in the print market as the price gap between MFPs and printers continues to narrow amid a broader range of MFP products and a continued sales focus, Gartner said.
This segment showed a healthy growth of 16.8 per cent in comparison to the first quarter of 2011.