target audience: TECH SUPPLIER Publication date: Nov 2023 - Document type: Market Perspective - Doc Document number: # US50128123
Hardcopy Vendor Financials, 2Q23: Supply Chain Recovery Finally Complete, Shipments Impacted by Weak Economy
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Abstract
This IDC Market Perspective contains excerpts from public financial disclosures by leading hardcopy vendors and details the impact of inflation, economic uncertainty, and supply chain issues on performance and forecasts.
"The second quarter of 2023 marked the end of the supply chain crisis, as hardcopy vendors finished filling their excess back orders and, for the first time in two years, supply exceeded demand. Now, the print hardware market must navigate an uncertain economic climate in which businesses and consumers are more cautious and deliberate with their spending decisions." — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC