Canon India Achieves 28.4% Market Share in Laser MFD Category

A recent report published by International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker, 2024 Q4 ranked Canon India #1 in the Colour, Mono, and Overall Laser Copier Multifunction Device (MFD) categories. This recognition reiterates Canon’s unwavering commitment towards innovation, technological excellence and steadfast focus on enhancing customer experience.

According to the IDC report, Canon India dominated markets across all mentioned segments in 2024, with 28.4% market share in the overall laser multifunctional device segment. The demand for high-quality, efficient printing solutions across customer groups has resulted in this achievement.

Speaking about this achievement, Mr. Toshiaki Nomura, President & CEO, Canon India, said, “We are immensely proud to be recognized once again as a market leader in the MFD segment, marking nine consecutive years of success. This milestone reflects the trust and confidence our customers and partners have bestowed upon us. Our focus has always been on enabling businesses to elevate their productivity with superior print quality. As we continue our journey of innovation, we remain committed to introducing cutting-edge technology and robust service support that empower our customers in their digital transformation.”

Canon India has consistently expanded its portfolio to meet the dynamic demands of SMEs, Corporates, Government, Copy Shop owners and professionals across industries. The company’s imageRUNNER and imageRUNNER ADVANCE DX series have played a crucial role in addressing the growing demand for efficient and cost-effective printing solutions.

With a legacy of innovation and a customer-first approach, Canon India remains dedicated to redefining the printing landscape and setting new industry benchmarks. Canon India looks forward to further strengthening its market leadership by delivering high-performance, sustainable, and future-ready solutions for businesses nationwide.