Given the continued trend of a shift to online digital media, color printing technology may not be in vogue -- but it's still evolving. According to the latest market study by International Data Corporation (IDC), the worldwide digital production color print market continued its unabated growth of top-line shipment value in 2013. The industry achieved record shipment values of $4.4 billion in 2013, fueled by growth in a range of technologies, from mid-production cut sheet to ultra-high volume inkjet printing systems. The cumulative value of shipments is expected to approach $25 billion over the 2014-2018 forecast period, climbing from $4.6 billion to $5.4 billion with a compound annual growth rate (CAGR) of 4.2 percent. "Between 2014 and 2018, IDC expects to see the sum of all production color shipments to surpass 353,000," said Amy Machado, senior research analyst at IDC . "The high end of the market, albeit smaller from a unit perspective, is where the gold r...
TMT Market Research and Analysis