International Data Corporation (IDC) reported on March 18 that worldwide shipments of hardcopy peripherals (printers and MFPs) declined for a third straight quarter in Q4 2023. Worldwide hardcopy peripheral shipments began to drop in Q2 2023, when they fell by 11.7 percent year-over-year, and the decline continued in Q3 2023, with shipments falling 7.9 percent