India's Hardcopy Peripherals Market grows sequentially–IDC
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE The India Hardcopy Peripherals (HCP) market is reviving as seen in 2014 Q1, despite the slowdown in the consumer segment. The growth was primarily driven by the Government’s procurement and supported by the Medium and Large Enterprises in India. According to the International Data Corporation (IDC) , the HCP market in India grew 1.5% sequentially in 2014 Q1 and reached 801,000 units in terms of shipments. This was largely driven by the Government’s buying in the Laser segment, which recorded a significant sequential growth of 12.8%. But, on the other hand, Inkjet segment performed weakly due to low consumer demand across all price band segments, resulting in a marginal growth of 1.5%. Mohammed Riyaz Ahmed, Market Analyst, IDC India , says, "Excluding the Government business, the demand of Laser printer is slowing among the Medium and Large Enterprises due to the combination of national and state elections where En...