During the third quarter of 2016 the IT and Office Equipment market decreased in value by -12%, the biggest decline in years for a total value of close to €460m.
For the 3 quarters of 2016 the decline of the IT and Office Equipment products was close to -7%.
IT: poor results due to significant decline of computing products
Within the IT categories we noticed the following trends during the third quarter of 2016:
Office Equipment and Consumables: decrease in demand due to increased digitisation
In Q3 2016, the Office Equipment and Consumables sector recorded a decline in turnover by -13%, compared to Q3 2015.
Especially in the cartridges segment, the market demand dropped significantly.
The ever increasing trend of digitisation of documents continues as customers are also less inclined to invest in printing solutions.
Alain Brys - Consultant IT & Office Equipment