Global Microprinting Market Projected to Witness Significant Growth by 2026
Avail a detailed research offering a comprehensive analysis of the developments, growth outlook, driving factors, and key players of the Microprinting market in the latest research report added by Big Market Research.
Global Microprinting Market is valued approximately USD 500 million in 2018 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2019-2026. Microprinting is a method of printing very small text that is not readable for the naked eye. Microprinting is mostly used on currency as an added anti-counterfeiting measure for security purpose. Use of microprinting technology offers easy detection and also prevents misuse of fraudulent or duplicity of valuables. Computer scanners or photocopiers cannot detect the micro-text as thus display it in the form of dots of line. Rising number of fraudulent activities across the globe is driving the demand for micro printing. Further, standards and regulations in banking sector and technological advancement in microprinting are few more key driving factor of the market growth. According to Australian Cybercrime Online reporting Network (ACORN), the online payment fraud in Australian through cards accounted for $476 million in 2017 as compared to $418 million in 2016. According to the China Ministry of Public Security (China), in 2017, about 596,000 cases of internet and telecom fraud were registered that caused about $1.9 billion economic loss. Moreover, according to study of International Journal of Business and Management Invention (IJBMI) it was found that Indian private banks have lost around $3.2 billion from 2014-2016 due to banking fraudulent activities in banking sector. Thus, growing number of revenue loss cases owing to fraudulent activities across the globe are fueling the demand for microprinting technology. Moreover, growing concern about brand protection and product safety and increasing use of microprinting technology in healthcare is expected to create significant growth opportunity in the market over the forecast period. However, heat setting issues in microprinting-based printers impedes the growth of the market over the forecast period of 2019-2026.
The report provides an in-depth information and a brief summary of the market by gathering data from industry experts and various sources prevalent in the market. Additionally, the report offers a CAGR (Compound Annual Growth Rate) value in percentage and the generated revenue that is estimated from 2015 to 2026. According to the report, the Microprinting industry is anticipated to gain heights during the period of forecast. The statistics presented in the report are reliable, extensive, and the outcome of a thorough analytical research.
Request a sample of this premium research: https://www.bigmarketresearch.com/request-sample/3334833?utm_source=TPLZ&utm_medium=PK
The research report offers a complete seller-buyer scenario, along with a SWOT analysis of the key market players in the Microprinting industry. In addition, the report contains complete data related to the top competitors, producers, and sellers that are dominant in the Microprinting industry. Besides, the report offers a detailed segmentation of products, market trends by application, and applications of the global industry based on technology, product type, and various processes & systems.
Based on region:
• North America
Request a discount on standard prices of this premium research: https://www.bigmarketresearch.com/request-for-discount/3334833?utm_source=TPLZ&utm_medium=PK
The report explains future trends and growth opportunities in every region. These insights help in understanding the global trends in the market and form strategies to be implemented in the future. Additionally, the research report profiles some of the leading companies in the global Microprinting industry. It mentions their strategic initiatives and offers a brief about their business.C
Based on market players:
- Xerox Corporation
- Videojet Technologies . Inc.
- Matica Technologies Ag
- Brady Corporation
- Zebra Technologies Corporation
- HP Inc.
- Ricoh Company Ltd.
- Canon Finetech Nisca Inc.
- Source Technologies
Analysts have also stated the research and development activities of these companies and provided complete information about their existing products and services. Additionally, the report offers a superior view over different factors driving or constraining the development of the market.
With all the data provided in the report, market players can effortlessly device strategies to beat the competition and gain a dominant position in the Microprinting market. Additionally, the report shed light on the performance and characteristics of the market based on the qualitative and quantitative analysis and gives a clear picture of the current and future estimations. The global market report is well-represented with figures, charts, graphs, and facts which reveals the status of the industry on the regional and global stage.
To obtain a detailed version of this report: https://www.bigmarketresearch.com/report/3334833/global-microprinting-market?utm_source=TPLZ&utm_medium=PK
This report is an up-to-date source of information that offers answers to all the questions asked by the shareholders of industry such as partners, manufacturers, investors, and end-users. In addition, we strive to deliver customized report to fulfil special requirements of our clients, on-demand.
You can also get individual chapter wise section or region wise report version like North America, Europe or Asia. Click Here to Get Customized Report inquiry and discount