The Hewlett-Packard and Compaq merger may be riding a bumpy road, but HP is making increasing gains in the printer market. According to the research firm International Data Corp. (IDC), HP’s leadership in the overall printer market for the second quarter of 2002 gained almost five percent market share over the first quarter of 2002.
Holding on to its No. 1 position, HP achieved its highest market share — just under 50 percent — in five quarters. The IDC Printer Tracker report noted that HP’s print leadership in the black and white laser printer market, a 77 percent market share, was critical to HP’s overall market leadership. HP leads in the 14 pages per minute (ppm), 14-20 ppm, 21-30 ppm, 31-44 ppm and 45-69 ppm categories of the black and white laser printer market.
In the color inkjet printer segment, HP maintained its position as the market leader with a 46 percent market share, up three percent from the first quarter. HP’s all-in-one inkjet printers also contributed to the overall leadership in the color inkjet market, according to IDC.