IDC Worldwide HCP Market Shipments Grow in Q4, 2022
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<Back03/10/2023846

The worldwide hardcopy peripherals (HCP) market saw overall shipments grow 11.6% year over year to nearly 25.0 million units in the fourth quarter of 2022 (Q4, 2022), according to IDC.


IDC claims that shipment value during the quarter increased 14.8% to $11.1 billion.


Despite the strong gains during Q4, the overall market shipment for 2022 declined 1.4% year over year. However, market value improved 0.7% year over year to approximately $39.9 billion for all of 2022.



Notable highlights from the quarter include:


  • The top 3 regional markets all recorded year-over-year growth during Q4 with China (PRC) leading the way with 31.7% growth, followed by Western Europe at 13.1% and the United States at 7.2%. Contributing to these gains were improved microchip/component supplies and adequate inventory to meet consumer and business demands. Despite the gains in Q4, Western Europe and the U.S. both saw a year-over-year decline in shipments for the full year 2002, down 4.1% and 6.2%, respectively. China ended the year with shipment growth of 8.2% for 2022.
  • The top 5 vendors all saw year-over-year growth in Q4. Key drivers for this growth include improved supplies, increased consumer demand, robust consumer promotions, and enhanced channel incentives.


(Quote from RT)