Global microprinting market, as more businesses are finding it essential to safeguard their products against fraudulent activities. Whether is microprinting on money to prevent counterfeiting or on pharmaceutical labels to establish authenticity, the technology has enabled companies to save considerable losses that would otherwise result from misuse or illegal transfer of goods.
microprints make it very difficult for counterfeiters to reproduce the extremely small text imprinted on modern currency notes, deterring them creating from circulating fake currency notes. Although the banking and finance sector has significantly helped to expand microprinting market, evolving trends in the government, healthcare and packaging segments will further expand business prospects worldwide.
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Security of National ID cards: Over the last decade, governments around the world have accelerated the promotion of digital transformation and have urged citizens to carry new and smart national identification cards. Generally, infusion of new technology brings with it several risks associated with illegal activities, in this case identity thefts and ultimate misuse of access cards. National IDs also face the similar risks and various players are providing microprinting printers that can help protect against counterfeiting risks.
Technically, reproduction of cards through simple scans or photocopying with standard resolutions using various consumer devices do not capture the microtext, making an ID extremely hard to forge. An eID card or a digitally accepted identification document has now become a norm in China, India, Malaysia as well as numerous developing nations in Africa. It is anticipated that by 2021, more than 3.6 billion people globally would be carrying a national eID card and securing these cards from theft and frauds would provide a remarkable growth platform for augmenting microprinting Market.
Top Key Players In Microprinting Market are Canon Finetech Nisca, Inc., Citronix, Inc., Control Print, Ltd., Evolis, Hailek Electronic Co. Ltd., Hewlett-Packard Company, Hitachi, Ltd., InkJet, Inc., Linx Printing Technologies, Matica Technologies AG, Micro Printing Systems Intl., Microlight3D, Paul Leibinger GmbH & Co. KG, Source Technologies, Team NiSCA, The Needham Group, Videojet Technologies, Inc., Wuhan Willita Marking and Packing Technology Co. Ltd., Xerox Corporation, Zebra Technologies Corporation
Evidently, misspelled drugs and counterfeit medicines create considerable health risks to consumers, along with spelling large financial losses for producers. The World Health Organization has estimated that every year, almost US$82.29 billion worth counterfeit medicines are traded worldwide. In fact, the agency believes more than 30% medicines being circulated in some parts of South America, Asia and Africa are fake. Subsequently, microprinting market will amass substantial revenues from healthcare and pharmaceutical companies aiming to protect sensitive data with specialty imaging.
Table Of Content:
Chapter 5. Microprinting Market, By Print Type
5.1. Key trends by print type
5.2. Single-sided
5.2.1. Market estimates and forecast, 2015 – 2025
5.3. Double sided
5.3.1. Market estimates and forecast, 2015 – 2025
Chapter 6. Microprinting Market, By Product Type
6.1. Key trends by product type
6.2. Monochrome
6.2.1. Market estimates and forecast, 2015 – 2025
6.3. Color
6.3.1. Market estimates and forecast, 2015 – 2025
Chapter 7. Microprinting Market, By End-Use
7.1. Key trends by end-use
7.2. Banking & finance
7.2.1. Market estimates and forecast, 2015 – 2025
7.3. Corporate
7.3.1. Market estimates and forecast, 2015 – 2025
7.4. Government
7.4.1. Market estimates and forecast, 2015 – 2025
7.5. Healthcare
7.5.1. Market estimates and forecast, 2015 – 2025
7.6. Packaging
7.6.1. Market estimates and forecast, 2015 – 2025
7.7. Others
7.7.1. Market estimates and forecast, 2015 – 2025
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