Increasing need for office solutions has boosted the demand of Document Scanners in the Indian market. A4 printers remains the most demanded product followed by document scanners in the India office solutions market. MFPs (Multi-Function Printers) continues to give tough competition to the traditional Document Scanners due to its advanced features.
Procurement and operational cost along with effective lifespan remains the major buying factor for consumers in the Indian Document Scanner market. According to 6Wresearch, India Document Scanner market shipments reached over 115,000 units for CY H1 2014. Canon and Hewlett Packard are the major players dominating the market with a share of around 90%.
Table: India Document Scanner Market, By Scanning Method
Source: 6Wresearch India Document Scanner Market, Half-Yearly Tracker
Significant technological changes has been observed in the Indian Document Scanner market over the last few years and manufacturers continue to adapt the ongoing changes in an effort to customize their product portfolio according to the customer needs.
Earlier the Indian consumers were not much aware of the Portable/Handy Document Scanners. However, these scanners have witnessed a substantial rise in demand in the recent quarters. Portronics captured around 68% market share in the Portable Document Scanner segment.
Reduction in the cost of MFPs is expected to give stiff competition to the Indian Document Scanner market. Further, the market is likely to be more competitive with introduction of scanners in smartphones in the coming quarters.