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The research firm is projecting the market to record an 11 percent compound annual growth rate over that period of time.
On a percentage of total revenues basis, I.T. Strategies expects investment in ink-jet technology to drop to 37 percent ($64.1 billion) of digital color hardware and consumables sales in 2010, down from 46 percent ($46.9 billion) in 2005. Color EP will continue to grow by taking more share from monochrome EP printer and copier applications, as well as some offset applications, according to the research firm. EP technology revenues should grow to $108.6 billion in 2010, up from $55.7 billion in 2005.
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