Keypoint Intelligence Ranks Canon #1 in Inkjet Market Share for Third Consecutive Year
Canon Has Held #1 Position in the U.S. for Continuous Feed, Cut Sheet and Total High Volume Inkjet Market Share Since 2016
MELVILLE, N.Y., April 3, 2019 /PRNewswire/ -- Canon U.S.A., Inc., a leader in digital imaging solutions, today announced that Canon has been ranked number one in the U.S. for continuous feed, cut sheet, and total-high volume inkjet market share for the third consecutive year. Based on InfoTrends data and published by Keypoint Intelligence, a top market research and strategic consulting firm for the digital imaging and document solutions industry, the new report places Canon in the highest ranking in the three key metrics around inkjet market share.
"There is a massive growth opportunity for suppliers who develop inkjet printing technology as they benefit from page migration from other print technologies. In the U.S. alone, page volume for high-speed inkjet continues to grow at a fast pace to reach over 200 billion pages (A4/Letter) by 2022 representing over 12 percent (CAGR) growth in five years," said Ron Gilboa, group director, production, Keypoint Intelligence. "Canon's leading position stems from its ongoing investment in inkjet technology and, more importantly, in their customers' success that propelled Canon to this market share position for three consecutive years."
"Today, printing companies know that inkjet is a big part of the future of their business. The question becomes whether they have the infrastructure and support for inkjet to propel their business forward," said Shinichi Yoshida, executive vice president and general manager, Canon U.S.A. Inc. "At Canon, we have not only invested in our product portfolio to help address our customers' evolving needs, but we've also placed a priority on the consultation, service and support we provide to help ensure that our customers are well prepared to see the benefits of their investment. I think that has been a big factor in getting us to where we are today."
Canon Solutions America, a wholly owned subsidiary of Canon U.S.A., has been instrumental in helping maintain prominence in the U.S. as the nation's production inkjet leader, operating as the sales channel for such innovative products as the Océ ProStream and Océ VarioPrint i-series inkjet presses, which offer outstanding image quality, speed and efficiency required for high-end applications. The market share gain is also due in part to increased offerings to commercial and book printing accounts.
"After extensive research, we decided that Canon was leading the way in inkjet technology and we approached the company for direction on our transition from toner to inkjet," said David Keiger, Production Manager at BIP Printing Solutions. "Ultimately, our decision to go with Canon Solutions America was based on the company's ability to communicate and effectively guide us to the best possible solutions for our company. Since installation, nearly everything that was promised to us has materialized and we are very excited for what the future holds with Canon."
As inkjet continues to redefine the industry at large, Canon remains vigilant in its approach to helping customers reap the benefits of this transformative technology. It is, however, Canon's relationships with its customers and the Company's commitment to being more than just a technology vendor which truly drives innovation forward. Canon sets its focus beyond solutions to also provide professional consulting services and resources to educate clients on how to properly position the benefits of Canon inkjet technology and applications to customers to ultimately help them grow page volume.
For more information on Canon U.S.A. and its production printing solutions, please visit www.usa.canon.com.
About Canon U.S.A., Inc.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $36 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), ranks third overall in U.S. patents granted in 2018† and is one of Fortune Magazine's World's Most Admired Companies in 2019. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.
†Based on weekly patent counts issued by United States Patent and Trademark Office.
SOURCE Canon U.S.A., Inc.
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