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ID Card Printers Market Trends

  • Report ID: GMI8554
  • Published Date: Mar 2024
  • Report Format: PDF

ID Card Printers Market Trends

With growing concerns over security and identity theft, there is a heightened demand for advanced security features in ID cards. This includes the incorporation of holographic overlays, UV printing, and tamper-evident materials to prevent counterfeiting. Ongoing technological innovations, such as the integration of biometric features, RFID capabilities, and cloud-based printing solutions, are enhancing the functionality & security of ID card printers. With the increasing prevalence of smartphones, there is a growing interest in mobile ID solutions that ais individuals to store and present their identification credentials digitally. While traditional ID card printers remain essential, there is a shift toward hybrid solutions that combine physical ID cards with digital credentials stored on mobile devices.
 

Additionally, organizations are increasingly looking for ways to personalize and customize ID cards to better reflect their brand identity & enhance security. This trend is driving the demand for ID card printers capable of producing high-quality, full-color cards with variable data printing capabilities. ID card printers are being increasingly integrated with digital systems and software solutions such as identity management systems, access control systems & visitor management systems. This integration streamlines processes, improves security, and enhances the overall efficiency of ID card issuance & management. Cloud-based ID card printing solutions are gaining popularity due to their scalability, flexibility, and accessibility. These solutions allow organizations to centrally manage their ID card printing processes, streamline workflows, and access printing capabilities remotely.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market valuation of the ID card printers was reached 870 million in 2023 and is anticipated to register a CAGR of 4.6% through 2032, as organizations are placing greater emphasis on deploying secure identification solutions to thwart fraud and unauthorized entry attempts.

Direct-to-card/dye sublimation technology segment accounted for about 62% share in ID car printers industry and is expected to reach USD 831 million by 2032, owing to its high print quality with sharp images, vibrant colors, and crisp text.

North America ID card printers industry generated a revenue of USD 278 million in 2023 and expected to reach USD 435 million by 2032, driven by technological innovations and presence of leading manufacturers in the region.

Alpha Card, CIM USA, Dai Nippon, DASCOM, Entrust Datacard, Evolis, Goldpac, HID Global, Magicard, Matica Technologies, NBS Technologies, Nisca, Swiftcolor, Valid USA, Zebra are some of the major industry contenders.

ID Card Printers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 232
  • Countries covered: 24
  • Pages: 182
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