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21 February 2023
PC sales plummet at start of 2023 but room for optimism in longer term

London, 21 February 2023 – Notebook and desktop unit sales plunged in the first four weeks of 2023, falling by −44% and −23% year-on-year respectively, on the back of low consumer confidence and muted business investment, according to CONTEXT, the global IT market intelligence company.

Revenues also fell sharply as a result of the drop in demand driven by the economic climate, geopolitical uncertainty and the cost-of-living crisis. Education deals have also dried up since last year, making comparisons unfavourable.

The amount of excess stock held by distributors across Europe has fallen from a high of 20–30 weeks’ worth six months ago to around 10 weeks now – but this is the result of promotions and heavy discounting in the second half of 2022. Alongside ageing stock, there is still a glut of low-end notebooks in some places, and the cost of inventory is rising everywhere. It is unsurprising, therefore, that distributors trying to avoid a repeat of last year’s overstock are sometimes reluctant to take on new products.

SMB channel hit hard

All channels are starting 2023 with revenues and sales much lower than those of the previous two years, but the biggest difference in notebook revenues is in the SMB channel as smaller sellers are more acutely affected by rising costs – not least of energy – and are having to think about cash flow more carefully during the current downturn.

The gap in revenues from notebooks is not as wide for retailers and etailers, reflecting a stronger-than-expected drop in demand in commercial sales since the end of 2022.

Germany weak

There has been a particularly weak start to 2023 for notebook revenues in Germany where consumer confidence is low and businesses cautious. There have also been very few education sales there, whereas, in Spain, Q4 activity in this sector has spilled over into 2023 leading to a better January. We expect there to be more deals for education notebooks sales in both Spain and Italy in the first half of the year.

Cause for optimism

Revenues from Windows systems have seen a downward trend since the start of the year, but those from Apple systems have recently rallied off the back of new products: some 16,000 M2 Pro-based MacBook Pros were sold at an average of around €2000 per SKU in January. Chrome revenues are down in line with demand from the education sector, and we expect this gap to continue throughout the year.

The drop in PC sales is to be expected given that the economic downturn is worse than was anticipated a year ago. The volatile geopolitical situation is causing businesses to pause investment while consumers continue to suffer from inflation and high energy prices. However, there’s still room for optimism: we can expect product refreshes and pent-up demand to pick the market up by the end of the year, and in particular in the course of 2024.

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17 August 2022
Normal PC market conditions to return

London, 17 August 2022 – The number of PCs sold declined almost −14% year-on-year in Q2 2022 with sales of mobile computing devices, notebooks, workstations and tablets slumping by −15% and those of desktops by −7%. Despite this, revenue held up well, falling by only −4% which is towards the optimistic end of the range predicted by CONTEXT, the IT market intelligence company.

The latest CONTEXT Forecasting Report predicts that sales will continue to drop as spending on mobile devices returns to normal after the pandemic and the geopolitical situation continues to have an impact. CONTEXT expects education and consumer demand to be significantly lower than last year, which matters because education was particularly strong in 2021. Business sales will also suffer but to a smaller extent. While supply has greatly improved over the first half of this year – and will continue to do so – it is not expected to recover fully.

CONTEXT notes an excess of entry-level stock in the business and consumer markets so expects distributors to reduce prices to try and move stock out, as they did at the end of Q2. At the same time, there are still product gaps at the high end of the business market – thanks to missing components and logistics difficulties – which are making planning difficult and uncertain for many companies.

Even so, the assumption is that growth in the second half of this year will be better than in the first half because of an easier year-on-year comparison and the fact that at least some excess stock will be sold out.

Pessimistic scenario

Confidence and demand are low and mobile computing stock levels remain high, making sell-through harder. There are only isolated pockets of growth and any investment goes to mobile, rather than desktop computing.

Optimistic scenario

Demand improves as offices reopen, although it remains susceptible to pricing of mobile computing devices. Supply at the high end of this market segment improves and momentum builds as desktop installations are refreshed.

28 July 2022
PC units sales drop in Q2 but revenues stronger

London, 28 July 2022 – Unit sales of mobile and desktop PCs through European distributors fell sharply in Q2 2022 (by −15% and −7% year-on-year, respectively) as demand weakened, according to CONTEXT, the IT market intelligence company.

Revenues, however, were not so badly affected, dropping only −4% for mobile computers and staying flat for desktops. As in previous quarters, revenues benefitted from a rise in average sell prices resulting from price increases and changes in the product mix.

One driver for the drop in demand is the market getting back to ‘normal’ after high sales of mobile PCs at the start of the pandemic. High inflation and energy prices, and uncertainty due to the war in Ukraine, are also weighing on both businesses and consumers, putting additional pressure on a market already in decline.

With supply challenges having improved a great deal since the start of the year, demand is, in some cases, now more important than supply. In fact, in many countries there is excess stock– especially of computers aimed at consumers, education and entry-level business buyers. Given the current economic picture, distributors are having a hard time flushing this out, even with aggressive price promotions. Although supply is improving, component shortages, Covid-related factory closures in Asia and container-ship jams are still causing problems for high-end commercial products.

Focus on notebooks

In the business segment, the general decline in notebook sales over Q2 2022 improved towards the end of the quarter. While the situation varies by country, businesses are, on the whole, increasingly nervous about the economic picture and are trying to minimise the impact of cost increases on cash flow. That means upgrading of devices is being pushed down the priority list, especially as there were many upgrades during the pandemic and many smaller businesses are still recovering from that crisis.

In the consumer market, the quarter has also been weak overall even though a push at the end offset this to some extent. However, OECD figures suggest consumer confidence in the top five western European countries is now lower than it was at the start of 2020.

Chromebooks performed well last year at times when supply improved and education projects came through. Apple also had a strong end to 2021 and start of 2022, driven by the popularity of its M1-based products. Distributor sales of both slid in Q2 – apart from the uptick at the end of the quarter noted above. In Apple’s case, this is because of component availability issues (due to Asian factory closures) and because it is shifting some of its business away from the channel and towards direct selling. For Chrome, the steep decline is down to a dearth of the large-scale education projects that boosted sales last year in countries like the UK, Italy and Spain. Windows was, therefore, in a dominant position in Q2 with revenues not far below 2021 levels.

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London, 06 July 2022
Consumer slump pulls desktop monitor revenue under 2021 average

London, 06 July 2022 – Worsening performance in the consumer market dragged overall European distributor desktop monitor revenues beneath the index baseline in Week 23 of 2022, according to CONTEXT, the IT market intelligence company.

CONTEXT’s Revenue Trend Index (RTI) plots performance against a 100 baseline representing the average weekly revenue in 2021. In Week 23, the RTI for monitor revenues overall was just under the baseline but that for consumer sales was more than −80 points below it. However, the business market continued to perform well, standing at just under 120 on the index. The backstory is one of continuing business demand, as offices reopen and are refurbished following the pandemic, while inflation and cost-of-living challenges depress the consumer market.

As the summer continues, consumers are likely to spend less money on technology hardware and more on holidays and other experiences. A rebound in the desktop monitor market is, therefore, unlikely to happen before the autumn – if there is one at all.

Countries and channels

The breakdown by sales channel tells a similar story. Corporate resellers are performing better than other distributors, with an RTI of around 120 for Week 23, thanks to demand for kit to upgrade offices. Small and medium resellers are also above the baseline; retail chains and business etailers are slightly under but consumer-focused etailers are stuck on −80.

France was leading the charge earlier in 2022 but, as of around Week 21, revenues had converged with those in most other countries and were just under the baseline in the range 0 to −90. Italy is something of an outlier, currently tracking at under −80. CONTEXT research shows that it is due to a sharp decline in consumer demand as cost-of-living increases bite hard.

All eyes on docking monitors

The same market dynamics can be seen in the breakdown of revenue performance by monitor purpose. Gaming (−80) and graphics (−50) monitors have sat under the baseline for most of the year, while docking monitors are soaring above it with the RTI standing at over 200 in Week 23. These monitors feature USB charging and ethernet capabilities making them ideal for hot-desking environments. As firms begin to embrace hybrid working, strong business demand is ensuring that most of the innovation in the market is currently happening in this niche and helping to push up Average Selling Prices (ASPs). Companies with workers splitting their time between home and the office are prepared to spend on more feature-rich models that focus on ease-of-use and connectivity, as they need to invest in fewer units.

Despite rising inflation, ASPs in the consumer space have fallen from a high of €184–5 at the start of 2022 to €180 in May. Meanwhile, ASPs for business desktop monitors rose from €204 in January to €215 in April, before falling back to €205 a month later. Rising ASPs reflect the demand for docking and feature-complete monitors, as do lower unit sales. These trends are broadly expected to continue over the course of the summer.

London, 28 June 2022
Monitors and LFDs set for double-digit year-on-year revenue growth in Q2 2022

London, 28 June 2022 – Anticipation of a bumper summer of events could drive growth in revenues from sales of large-format displays (LFDs) as high as 35% year-on-year in Q2, according to CONTEXT, the IT market intelligence company.

CONTEXT’s latest IT channel briefing report discusses factors that have affected sales of monitors and LFDs through European distributors, including the aftershocks of the pandemic that will continue to have an impact for the rest of the year.

Growth in the consumer market is negative for the first time in 24 months as gamers and other would-be buyers spend their money on other things, leading to a supply glut. In the coming months, rising inflation may also begin to reduce consumer demand. As offices reopen, it is the commercial market which is driving overall sales – although supply chain issues, component availability and expensive logistics costs are still pushing up prices and delaying lead times.

There is little innovation in the consumer market: higher resolutions, bigger screens and higher refresh rates account for most of the changes in new models. On the business side, manufacturers are looking at products such as USB-C docking monitors to support the new trend for hybrid working.

The numbers for Q2

The good news is that revenue from displays and LFDs is likely to grow by double digits in Q2 even with unit sales stumbling. A pessimistic forecast – based on a scenario where component shortages persist into the second half of the year, consumer demand declines significantly, lead times increase and ASPs drop as demand for gaming monitors sinks – would see unit sales of monitors decline by 6.7% year-on-year in Q2 2022 but revenue increase 14.3% over the same period. For LFDs there’s a brighter forecast: unit sales growing by 22.4% and revenue sales surging by 24.8%.

CONTEXT’s optimistic scenario assumes an increase in the availability of business products, recovering consumer demand and the product mix shifting towards more expensive models. That would see unit sales of displays grow by 1.2% year-on-year in Q2 and revenues by 22.7%. For LFDs, the positive scenario also means a tilt towards more expensive products as the impact of the pandemic reduces and the prospect of summer events encourages more investment. Should that happen, CONTEXT predicts unit sales increasing 33% and revenue growth hitting 34.9%.

June 2022
Enterprise networking revenues look set for double-digit Q2 growth

London, 28 June 2022 – Anticipation of a bumper summer of events could drive growth in revenues from sales of large-format displays (LFDs) as high as 35% year-on-year in Q2, according to CONTEXT, the IT market intelligence company.

CONTEXT’s latest IT channel briefing report discusses factors that have affected sales of monitors and LFDs through European distributors, including the aftershocks of the pandemic that will continue to have an impact for the rest of the year.

Growth in the consumer market is negative for the first time in 24 months as gamers and other would-be buyers spend their money on other things, leading to a supply glut. In the coming months, rising inflation may also begin to reduce consumer demand. As offices reopen, it is the commercial market which is driving overall sales – although supply chain issues, component availability and expensive logistics costs are still pushing up prices and delaying lead times.

There is little innovation in the consumer market: higher resolutions, bigger screens and higher refresh rates account for most of the changes in new models. On the business side, manufacturers are looking at products such as USB-C docking monitors to support the new trend for hybrid working.

The numbers for Q2

The good news is that revenue from displays and LFDs is likely to grow by double digits in Q2 even with unit sales stumbling. A pessimistic forecast – based on a scenario where component shortages persist into the second half of the year, consumer demand declines significantly, lead times increase and ASPs drop as demand for gaming monitors sinks – would see unit sales of monitors decline by 6.7% year-on-year in Q2 2022 but revenue increase 14.3% over the same period. For LFDs there’s a brighter forecast: unit sales growing by 22.4% and revenue sales surging by 24.8%.

CONTEXT’s optimistic scenario assumes an increase in the availability of business products, recovering consumer demand and the product mix shifting towards more expensive models. That would see unit sales of displays grow by 1.2% year-on-year in Q2 and revenues by 22.7%. For LFDs, the positive scenario also means a tilt towards more expensive products as the impact of the pandemic reduces and the prospect of summer events encourages more investment. Should that happen, CONTEXT predicts unit sales increasing 33% and revenue growth hitting 34.9%.

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03 February 2023
Printer sales surge in Q4 2022 due to promotions and solid business demand

London, 03 February 2023 – Sales through European distributors of printer hardware increased in Q4 2022, with both volumes and revenues exceeding expectations, according to CONTEXT, the global IT market intelligence company.

CONTEXT data revealed a 12.3% year-on-year (YoY) increase in unit sales and a 27.8% increase in revenue during the period thanks, in part, to aggressive promotions designed to clear entry-level stock and strong business demand for higher-end devices. These factors helped the market perform significantly better than CONTEXT’s most optimistic scenario for the quarter.

Revenue on the rise

Poor market performance in 2021 means the comparatives are favourable, but the product mix has changed over the last year. In Q4 2022 there was more emphasis on high-end consumer printers and mid- and high-end business devices – particularly expensive multi-function laser printers – than in 2021. Alongside price increases for mid- and high-end consumer and commercial products, these factors are largely responsible for the growth in revenues, which has been strong since Week 38. There has been something of a slowdown since Week 52, although both markets are still some way above the revenue trend index baseline.

Small and medium resellers had a strong end to 2022, and this continued into the first week of 2023, driven by business sales across public and private sectors as well as the price rises. We have seen a steady growth in the e-tailer channel since Week 40, highlighting the resurgence of consumer spend. Distributors have also worked hard, using promotions to shift entry-level stock.

Consumables in decline

By contrast, the consumables market declined significantly in Q4: down 18.2 YoY % in unit sales and 11.4% in revenues. That is far worse than CONTEXT’s pessimistic outlook of falls of 9.8% and 6.7%, respectively. A decrease in sales of the ink cartridges that make up over 80% of consumable sales in the region was the main reason but toner sales also fell sharply. Refillable ink bottles are gaining market share and interest in these can only increase throughout 2023 and beyond as they are more economical for consumers and will therefore appeal at a time of higher living costs. Subscription models are becoming more prominent, and since their primary route to market is direct, their value is not captured in distribution channel data.

The average number of pages printed also fell sharply in December (by 12% YoY) despite the return to the office. With paperless policies proliferating in the public and private sectors, this fall is likely to continue

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08 September 2022
Laser MFP revenues rebound in Q3 2022

25 August 2022
Printer hardware decline set to continue

London, 25 August 2022 – Unit sales of print hardware declined sharply year-on-year in Q2 2022 with lower demand, especially for consumer printers, and falling sales of entry-level and high-end business printers, according to CONTEXT, the market intelligence company.

Revenues held up a little better, due to increased Average Selling Prices (ASPs), sales of more expensive consumer models and the purchase of mid- to high-priced business devices for newly reopened offices. Both figures were very close to the forecast made in CONTEXT’s Q2 forecasting report.

Declining ink cartridge sales led to a sharp drop (of 18%) in unit sales of consumables but a lower fall (only 7%) in revenues from this sector of the market. CONTEXT’s pessimistic-scenario forecast was spot on in terms of these revenues, although sales were significantly worse than anticipated.

Demand is softening as life returns to ‘normal’ after the pandemic. Markets are approaching saturation, there is no longer the urgency created by the crisis, and high inflation is sapping consumer demand. However, promotions designed to reduce inventory excess are likely to support sales of consumer devices during Q4 and into the beginning of next year, according to the CONTEXT Forecasting Report Q3 2022.

Individuals and organisations are choosing products more carefully, and distributors and vendors are focusing on growing sales to businesses, particularly Small and Medium Businesses (SMBs). Although ink sales are falling, toner sales are increasing thanks to the return to the office which will be the main driver of the printer market for the rest of the year and during the first half of 2023. This return could also mean Managed Print Services are primed for a comeback over the next six to twelve months.

The supply chain is still a key factor. While overall demand is declining slightly and supply is improving (meaning that backlogs which CONTEXT has seen building up in the last year are getting smaller), high-end multifunction business printers are still being hit by delays that are expected to last until at least the end of the year. Global shortages have left businesses competing for the same raw materials, and some key components remain in short supply. The combination of price increases, supply pressures and continuing transportation issues will not be alleviated anytime soon.

A potential vendor shift to other go-to-market routes, including online sales (either directly or through resellers) is likely to have an impact on distributors.

Finally, growing environmental concerns leading to public- and private-sector adoption of paperless policies are having a negative impact on the printer industry, and this will only build over the years to come.

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London, 1 June 2023
IT revenue growth set to slow to 7% in Q2 but volume sales are recovering

London, 1 June 2023 – Revenue growth through European distribution sales is forecast to decline from 17% in Q1 2023 to 7% in Q2, although sales growth will continue to recover into the second half of the year, according to CONTEXT, the global IT market intelligence company.

The figures come from the CONTEXT Channel Forecast Q2 2023 report, which predicts volume sales growth will increase from −9% in Q1 2023 to −6% this quarter, before becoming positive later in the year. Software and infrastructure spending are highlighted as the key drivers of growth in Q2 2023.

Opportunity and risk

As always, this latest in our long-running series of quarterly forecasting reports identifies the main trends across PCs, enterprise servers and storage, displays, enterprise networking, and imaging. The backdrop to Q2 2023 offers plenty of cause for optimism businesses in the channel. Ongoing digital transformation initiatives, public-sector investment, product refresh cycles and the prospect of improving macroeconomic conditions all present opportunities for growth.

However, there remains a risk of project slowdown as skills shortages continue to bite. Some categories, such as networking, continue to be impacted by supply issues while there is still excess stock of other products. Making comparisons with three strong years will make growth particularly tough for hardware sales.

Although consumer confidence is returning, levels are way below pre-Covid times and business confidence is undermined by persistent uncertainty.

In more detail

As stock levels improve overall, and prices start to decline after recent spikes, what does the report say about the five key markets?

PC sales in Q2 and beyond will primarily be influenced by demand. This will remain low, especially for SMBs and consumers, due to the current economic and geopolitical situation. Although distributor inventory has improved, excess stock is still an issue. Windows 11 upgrades will become a bigger driver of new sales as the year progresses although the biggest change is likely to be in Q2 2023.

Enterprise storage and server demand is dependent on an improved economic outlook and returning business confidence. SMB sales and investments in more powerful and energy-efficient servers and new-generation platforms should drive investment. Vendor price cuts could increase volume sales but will negatively impact revenue growth, while component shortages will fade from view as a significant issue for the channel.

Enterprise networking, which includes switches, routers, wireless access points and related software and licences, will see solid demand. This could be further fuelled by the resumption of delayed projects, although that depends on the macroeconomic picture. Order backlogs have declined significantly and so are having a smaller impact on revenue growth. Price increases will continue into Q2 2023 but fade in the second half of the year. Wireless sales will also slow as Wi-Fi 6 upgrades are completed.

Displays performed poorly in Q1 and consumer demand will continue to fall (since this market is fairly saturated) in Q2, threatening average selling prices (ASPs) and revenues. Although the situation is improving, component shortages persist, and the cost of logistics, shipping, storage and production is only just beginning to stabilise. Margins could be impacted by resulting price increases and longer lead times. However, there’s also optimism due to the prospect of resumed projects and refurbs, and the impact of new technologies like docking for desktop monitors, interactive Long Format Displays (LFDs) and direct-view LEDs (DVLEDs).

Imaging is seeing softening demand, especially in the consumer ink and laser segment. However, demand from SMBs remains strong, especially for mono single-function and colour laser multifunction printers (MFPs). The supply chain of most vendors is back to pre-pandemic levels and shipping costs have declined dramatically, stabilising hardware prices. We expect further promotions and price erosion to reduce excess stock, and future sales to be impacted by longer-term trends for hybrid working, cloud printing services, and a consumer shift to subscription models.

To access the full forecast, please request the report here.

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London, 16 May 2023
IaaS revenue falls but outlook is positive as businesses regroup

London, 16 May 2023 – Infrastructure-as-a-service (IaaS) revenue growth dropped 9% between Q4 2022 and the first quarter of 2023, but is likely to bounce back later this year as cyclical trends return and organisations work through their cloud challenges, according to CONTEXT, the global IT market intelligence company.

CONTEXT data on distributor sales in the top five markets in Europe – the UK, France, Germany, Italy and Spain – reveals that IaaS revenue growth has regularly fallen: from a peak of 50% year-on-year (YoY) in Q4 2021 to just 13% in Q1 2023, although there was a brief upward blip in Q2 2022.

Software-as-a-service (SaaS) growth has also been in steady decline since Q2 2021, when revenues increased by 41% YoY, but has staged a comeback over the past two quarters. In Q1 2023, it was 14%, surpassing that of IaaS for the first time since Q3 2021.

In 2021, cloud services revenue growth had been trending significantly higher than that of software and licences, but it fell sharply from a high of 38% in Q4 2021 to just 9% in Q3 2022. Revenues from sales of software/licences have remained steady and surpassed those of cloud services in Q3 2022. However, the pattern of growth in both sectors is closer than at any point in the past two years.

In Q1 2023, distributors saw revenues from sales of Software & Licenses grow by 17% YoY, whereas those from cloud services were up by only 14%.

Getting back on track

To understand why, it helps to look at a study from Swiss cloud vendor SoftwareOne. It finds that 93% of CIOs expect IT budgets to increase in 2023 – most of them saying it is because of increased spending on cloud services. There are multiple reasons for this, including inflation, over provisioning of cloud resources and the impact of inefficient “lift and shift” approaches. Some 83% of CIOs expect IT budgets to increase in 2023. But most also expect increased spending on cloud services, leaving 83% believing they will be asked to do more with less.

The research also highlights that 72% of CIOs admit technical debt will negatively impact digital transformation in 2023. Much of this debt may have accrued during the pandemic when organisations rushed projects and applications into production.

The fall in IaaS revenue growth the CONTEXT data shows over the past few quarters could, therefore, be the result of IT leaders trying to deal with challenges like over provisioning and lift and shift by squeezing more from their budgets or optimising their current investments. The recent stabilisation of cloud services growth and the narrowing of performance between this sector and software/licences, may imply steadier spending than the reactive investments we saw during the pandemic. It could also signify that technical debt is finally under control.

If that is the case, we can expect a further acceleration in cloud services growth – as long as digital transformation projects pick up. This bodes well for 2023, especially if combined with a cyclical bounce-back in IaaS spend of the sort we saw in Q2 2022.

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London, 3 May 2023
Switching drives enterprise networking sales with +44% revenue growth

London, 3 May 2023 – The switching segment has continued to perform well over the past four weeks, with +44% year-on-year revenue sales through European distribution helping to drive enterprise networking sales, according to CONTEXT, the global IT market intelligence company.

CONTEXT’s data for the four weeks to Week 15 revealed a +25% YoY increase in unit sales for switching. Product mix contributed most to this increased revenue, with high-end switching appliances growing +35% YoY in terms of volume, whilst lower end SMB appliances saw unit sales decline slightly. This comes on the back of a strong Q1 when switching revenue sales grew +37% YoY on the back of an increase in ASP of 44% YoY.

Wireless revenue growth, on the other hand, slowed over the past four weeks to 6% YoY, with units sold increasing by just 3% over the period. The low-end wireless segment was the main driver of this small revenue increase, thanks to a 13% increase in unit sales. This comes after a strong Q1 which saw revenues increase +36.4% YoY on the back of equally strong demand, with volumes increasing 25% YoY. This wireless slowdown does not come as a complete surprise as performances of previous years were difficult to match. However, this latest slump in early Q2 is more significant than expected.

Servers and storage continue to lag

The server market could not match the strong performance of enterprise networking over the past four weeks, with revenue growth down -9% YoY and volumes by -15% YoY. Weak demand and poor bookings are to blame, with business uncertainty due to the economic climate leading to more caution in terms of datacentre investment. Some vendors are even lowering their prices, leading to a shrinking gap between revenue and volume growth compared to the previous two quarters.

The enterprise storage category has also suffered of late, with revenues declining -20% YoY on the back of poor sales of Flash arrays and hyperconverged systems. On the other hand, hybrid storage continues to perform solidly with a 15% YoY revenue increase.

In Q1, the server market recorded disappointing revenue growth of just +4% YoY, whilst enterprise storage performed much better, at +15.4% YoY.

Country-by-country

Europe as a whole performed barely better than last year in terms of revenue over the past four weeks. Part of this is down to a revenue growth slowdown in Germany, especially in storage, which recorded a strong decline YoY and flat growth versus 2021. Server sales aren’t doing much better, performing only slightly above 2021 figures and well under last year’s in Europe’s biggest market. Only sales of networking equipment are helping the market to match overall revenue sales growth in 2022.

In terms of overall enterprise infrastructure sales, the UK is the only country not to at least match the revenue performance of 2022 over the past four weeks. However, France, Spain and Italy are performing solidly thanks to healthy networking sales and a recovery in the Italian server market, which had slumped during the past two months.

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13 April 2023
Quarterly global Industrial 3D Printer shipments sag but revenues rise again

full content in research-updates/3d_printing page

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Countries and channels

All eyes on docking monitors

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Revenue on the rise

Consumables in decline

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