HP grabs printer market share

The overall printer market saw revenue surge 14 percent in the second quarter to $13.3 billion, according to IDC. Hewlett-Packard continued to gain share.

The overall printer market saw revenue surge 14 percent in the second quarter to $13.3 billion, according to IDC. Hewlett-Packard continued to gain share.

Among the notable points from IDC:

  • IDC expects that the printer market will bounce back through 2010, but competition will heat up.
  • Inkjet printers have 66 percent share of the printer market. Meanwhile, inkjet printers posted 14 percent unit growth in the second quarter with 19 million units. That's the most growth since 2003.
  • Laser printers posted the strongest growth with units up 25 percent to 9 million in the second quarter. Monochrome laser printers accounted for 83 percent of the market.

Here's a look at the standings:

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