This IDC study will expound on the hardcopy peripherals (HCP) market in the Philippines, discussing key markets and user trends. Data will be based on tracker information and will cover single and MFPs.
"Recent results indicate that, though consumers are still investing in peripherals, the global economic slump has prompted end users to delay their transition to "better" technologies due to tighter budgetary constraints. It would be harder for companies to look beyond initial cost outlay and consider the total cost of ownership (TCO) due to the firms' immediate need to save on costs," says Bianca Pearl R. Sykimte, associate market analyst, Printers and Peripherals Team, IDC Philippines. "IDC anticipates that the prolonged global economic slowdown will prompt companies to adopt longer replacement cycles, which is already evident in some organizations. These changes in spending habits could hamper the long-term growth of the industry," she adds.