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Printer Industry Consolidation: 5 Big Things To Know

HP and Xerox may not be joining forces for now, but there are plenty of signs that the industry is still poised for M&A activity.

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Come Together

HP-Xerox is over. But that doesn't mean there won't be more talk of consolidation in the printer industry again soon.

The industry continues to see declines in both supplies--the sector's biggest profit driver--and in hardware, as well. Worldwide, unit sales of printers/MFPs fell to 94.5 million in 2019, down 4.6 percent from 99.1 million the year before, according to IDC figures. In the U.S., the drop was even steeper--a 6.3-percent decline to 17.9 million units last year, IDC reported. The declines come even as at least a dozen vendors remain highly active in the market. The printer industry is clearly "ripe for consolidation," said Brett Bailey, vice president and partner at Saskatoon, Saskatchewan-based WBM Technologies, No. 318 on the 2019 CRN Solution Provider 500.

As part of CRN's Printer Week 2020, in the following slides we've compiled five key things to know about printer industry consolidation.

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