Friday, June 14, 2013

Digital Print Market at $187.7 Billion by 2018

The digital printing market will grow from $131.5 billion in 2013 to $187.7 billion in 2018, a compound annual growth rate of 7.4%, according to the latest research from Smithers Pira. 
Digital's share of the total print market will grow from 9.8% in 2008 to 20.6% in 2018, with inkjet growing faster than electrophotography. All the offset processes will see their value shares fall, particularly in web offset. 
A new study from Smithers Pira - The Future of Offset vs Digital Printing to 2018 - shows how the issue of direct competition between digital and offset printing is a daily occurrence for print service suppliers, in determining which process they should use for a particular job.