The news that Samsung is selling its print business to HP has sent shockwaves through the industry. PITR asked a number of resellers and Quocirca analyst Louella Fernandes for their take on this latest acquisition in the print industry (see page 12).
According to Photizo Group, the number of manufacturers in the imaging industry for home and offie products has fallen by half, from 32 manufacturers in 1980 to only 16 manufacturers today. As the industry enters a stage of signifiant maturity, it says we can expect to see further consolidation.
During a webinar to provide insights and for the industry to provide their assessment of HP’s acquisition which was attended by 430 imaging industry professionals, Photizo Group conducted a poll to understand the perception of the impact on the industry. It included a four-point scale ranging from business as usual (minimal impact), to evolutionary, revolutionary and transformative (something that radically changes the industry). Surprisingly, 52% of the respondents identifid the acquisition as transformative or revolutionary for the industry. The other 36% believe it is evolutionary while only 12% think the acquisition is business as usual.
It will be interesting to see how HP and Canon relationship
evolves once the dust has settled.
James Goulding, Editor
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