The boom has all to do with the Net. In 2000, nearly 79 per cent intend to have a PC with an Net connection at home. Let's start with the Indian printer market, which has seen robust growth. Epson and Canon lagged far behind with marketshares of 18 and 7 per cent respectively. The dot matrix market is surviving though, so don't write it off.
Cost is also a key issue.
The operating costs of a dot-matrix printer is much less when compared to an inkjet. The government, banking, and small scale companies are major buyers of dot matrix printers. Laser printers with speed of up to 12 pages per minute account for about 90 per cent of the market. HP was the leader of the pack here yet again, with a marketshare of 86 per cent in terms of units. Xerox was a poor second with only 5 per cent market share.