Canon India Upholds No.1 Market Share for 9 Consecutive Years in the Laser Multifunctional Devices Segment
Canon India continues its leadership in Colour, Mono, and Overall MFD categories, reaffirming its commitment to innovation and customer-centric solutions
National, 19th March 2025: 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.
About Canon Inc.
Canon Inc., headquartered in Tokyo, Japan, is a leader in the fields of professional and consumer imaging equipment, industrial equipment, and information systems. Canon’s extensive range of products includes production printers, multifunction office systems, inkjet and laser printers, cameras, video and cinematography equipment, network cameras, medical systems and semiconductor-manufacturing equipment. Originally established in 1937 as Precision Optical Industry, Co., Ltd., a camera manufacturer, Canon has successfully diversified and globalized to become a worldwide industry leader in professional and consumer imaging systems and solutions. With about 170,000 employees worldwide, the Canon Group includes manufacturing and marketing subsidiaries in Japan, the Americas, Europe, Asia and Oceania; and a global R&D network with companies based in the United States, Europe, Asia and Australia. Canon’s consolidated net sales for fiscal 2024 (ended December 31, 2024) totalled USD 28.54 billion (at an exchange rate of JPY158=U.S.$1). Visit the Canon Inc. website at: global. Canon
About Canon India
Canon India Pvt. Ltd. is the sales and marketing subsidiary of Canon Inc., a world leader in imaging technologies. Having started its operations in 1997, Canon India markets a comprehensive range of sophisticated contemporary digital imaging products and solutions in India. The company today has offices in 10 cities across India with merchandise warehousing facilities at 4 location and employs over 1000 staff and over 850 channel partners. Canon India enjoys a vast retail presence across the country through Image Square stores, PIXMA Zones, and BIS Lounges. Canon India’s service reach extends to over 632 towns covering 19,118 PIN codes across India – which comprises of 349+ Camera collection points, 15 Camera repair centers, 320+ Printer repair centres, 183 Copier, Scanner and 120 Large Format Printer Sales & Service dealers. (As of January 2025)
In sync with its corporate tagline- ‘Delighting You Always’, reinforced by World-class technology, Canon offers an extended product portfolio, including Digital Production Printers, Large Format Printers, Commercial Printers, Multi-Functional Devices, Managed Document Services, Inkjet & Laser Printers, Document and Cheque Scanners, Digital Cameras, DSLRs, Mirrorless cameras, Cinematic Imaging Products and Surveillance cameras catering to the multiple market segments of consumer, SME, B2B, Commercial, Government & PSUs.