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Lyra Forecasts Triple-Digit Growth for Color Laser MFPs

September 20, 2005

Lyra Research expects color laser MFPs to become the hot product in small-office/home-office (SOHO) environments, small and medium-sized businesses (SMBs), and small corporate workgroups. According to Lyra's newly released report, The Replacements: Monochrome and Color Laser MFPs, North American shipments of color laser MFPs will grow at a compound annual growth rate of more than 220 percent (see figure), as buyers in these environments replace their current hardware—typically monochrome laser printers.

"Color laser MFP usage arising from this aggressive growth will vary by environment. For example, SOHO settings will use color laser MFPs to produce both monochrome and color output, with low average monthly print volumes," explains Larry Jamieson, director of Lyra's Hard Copy Industry Advisory Service. "On the other hand, small corporate workgroups are more likely to have well-defined color requirements coupled with large on-site print and copy volumes. Because most corporate users will also have access to monochrome devices, color laser MFPs will be reserved more for color output."

For more information, visit www.lyra.com.

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