Keypoint Intelligence has announced the publication of the Annual Office & Home Print Device Market Forecast: 2022-2027 reports. The forecasts are available for both the North American and Western European markets.

As with any other industry, office technology and home printing has been affected by the COVID-19 pandemic, largely with the shift to hybrid work. Work transitioning toward more hybrid settings will cause downsizing for office technology vendors and focus will move to offering services for digital transformation. Along with the transition toward hybrid work, the pandemic resulted in the underutilization of printing equipment, causing longer life cycles and reduced replacements of devices.

These market forecasts also look at:

• Placements of A3 and A4 devices (color and black & white)
• Shifting demand for laser in the new hybrid office
• Total market opportunity for office hardware
• Comparing A3 versus A4 in terms of effects of hybrid work
• Device trends in home and office locations and revenue predictions

"Placements of printing equipment in the office are eroding as digital processes are accelerated and to combat underutilization through the pandemic years," said Deborah Hawkins, office group director, Keypoint Intelligence. "There was an uptick of revenue as average street prices (ASP) rose caused by supply chain and inflation, but this could lead us into a false sense of security."

The Office & Home Print Device Market Forecast: 2022-2027 reports can be purchased separately or as part of a subscription to other research provided by Keypoint Intelligence's Office CompleteView service.

For more information about the report, please click here.