US DOC data indicates there has been a 45% decline in the number of printing companies & employees over the last 20 years. In 1997 there were over 42,000 printing companies employing 820,000 people. So, what’s happening?
Digital printing, workflow automation, consolidation & the Web have had a dramatic effect, with a steady 41% increase in worker productivity, compared to 20 years ago. These trends will likely continue as workflow becomes more integrated & data driven, and as devices become faster, more reliable & self-sufficient. According to Jeff Hayes–Buyer’s Lab / InfoTrends–printers need to keep investing in high-speed inkjet, workflow & analytics.
What to expect:
Digital printing, workflow automation, consolidation & the Web have had a dramatic effect, with a steady 41% increase in worker productivity, compared to 20 years ago. These trends will likely continue as workflow becomes more integrated & data driven, and as devices become faster, more reliable & self-sufficient. According to Jeff Hayes–Buyer’s Lab / InfoTrends–printers need to keep investing in high-speed inkjet, workflow & analytics.
What to expect:
- More multiple-device, high-volume commercial printers,
- More customized workflow,
- Adding new products to the mix,
- Trade show overlaps, with lower attendance,
- Increasing buyer sophistication.