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Canon leads the MFP segment in India

April 20, 2021

Canon India continues to maintain its leadership for five consecutive years in the laser copier segment, ending 2020 with a 30.7% overall market-share, reports IDC.

Latest results from the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker, 2020 Q4 ranks Canon India #1 in the A3 & A4 laser copier-based MFP (multi-function printer) segment for the fifth consecutive year in India.

As per the IDC report, Canon India ended 2020 as the market leader with a 30.7% overall market share, 30% market share in the mono segment and 35.4% in the colour segment. With this result, Canon India retained its market leadership for the fifth year in a row in the overall, mono and colour A3 & A4 laser copier based MFP segment. (With consideration of speed range up to 75 ppm (A4 Mono Speed) for Mono Segment and up to 60 ppm (A4 Colour Speed) for Colour Segment.)

“Achieving #1 market-share in the A3 and A4 Laser Copier Based MFP segment for five years in a row is a great honour for each one of us at Canon. Despite the turbulent situation across the world in 2020, we are thankful to all our partners and customers for their trust and faith in the Canon brand. Technological innovation and service support are the key pillars that have helped us to delight our customers always and have helped us reach this pinnacle of success,” said Mr. K. Bhaskhar, Senior Vice President-BIS Segment, Canon India.

He further added, “New models launched under our flagship line-up of imageRUNNER are helping our customers embark on their digital transformation journey while optimising operational costs and productivity. Being market leaders in the A3 and A4 MFP laser copier categories only strengthens are resolve to bring more evolved products to the market and clearly goes to show our commitment towards investment in technology and building commercially viable products for our customers.”

Categories : Around the Industry

Tags : Canon India IDC Market Leader MFPs

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