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May 31, 2001 12:00 AM
I.T. Strategies (Hanover, MA) reports that unit sales of wide
format printers grew more than 50 percent in 2000. Sales of
wide-format printers in the corporate market (in-house graphics, ad
agencies, etc.) more than doubled, indicating a growing market
opportunity for 24-inch units from Epson, Hewlett-Packard and
others.
Although wide-format output is currently created by businesses
for marketing and advertising, with a large percentage of the
output used in trade show and POP applications, I.T. Strategies
sees the business-to-consumer market as an untapped market
opportunity. For instance, Epson’s Stylus 7000 printer with a
list price of under $5,000 has paved the way for
business-to-consumer applications. Price points are becoming so low
digital photographers and home users can now purchase wide-format
printers.
Hewlett-Packard and Epson accounted for more than 72 percent of
worldwide sales in 2000. Michael Flippin, I.T. Strategies
consultant, notes however that as HP and Epson focus on selling
larger volumes of units, "other hardware suppliers continue the
trend toward application-specific solutions, such as outdoor
signage and flatbed printing to further differentiate their
products." For more information, contact Martha Popoloski at (781)
826-0200 or email: popoloski@it-strategies.com.