target audience: TECH SUPPLIER Publication date: Feb 2024 - Document type: Market Perspective - Doc Document number: # US50128223
Hardcopy Vendor Financials, 3Q23: Navigating Economic Uncertainty and a Weakening Yen
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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.
"Hardcopy vendors struggled to grow revenue in the third quarter of 2023, as growth opportunities were muted by an uncertain economic climate in which businesses and consumers continued to be more cautious and deliberate with their spending decisions." — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC