Click volumes going down
IDC published research on the average monthly print volumes
- Declining by 3% to 5% annually in last 10 years
- Accelerated to 25% to 30% between 2019-2022 during pandemic
- HP’s CEO, Enrique Lores, admitted that HP’s loss is 20% YoY
- (Healthcare vertical is the exception, as MFP print volumes are increasing)