The Card Printer market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
A card printer is an electronic printing device that is mostly used as a desktop printer. The primary use of the card printer is to print and personalize plastic cards. Card printers are mostly designed with laminating, striping, and punching functions and use a desktop or web-based software. The basic difference between a conventional printer and a card printer is by the external features. The plastic cards are generally made of the PVC and plastic which need punching and laminating. Depending on the thickness and the dimensions of the plastic cards, a variety of card printers are used. The cards have a high-resolution design printed on them along with a barcode, magnetic stripe, numbering, signature panel, embossing, scratch-off panels, and many other options or effects.
The growth in economic conditions, rising standards of living, and the entry of a large portion of the population into the banking system is increasing the adoption of plastic cards for payments. Retail stores, hospitals, cafes, food chains, and restaurants across the world are increasingly accepting plastic cards such as debit and credit cards for payment. Also, the trend for the cashless transaction is growing among consumers. This in turn, will encourage more consumers to use plastic cards instead of cash for transactions. Technavio\'s market research report identifies that the increasing number of card transactions and applications will be one of the primary growth drivers for the global card printer market till 2021. This in turn, will propel the adoption of a different point of sale (PoS) and mobile point of sale (mPoS) terminals by merchants to facilitate easy acceptance of payments, which in turn, will boost the demand for plastic cards. Consequently, the purchase volume of card printers or the card printing machine will also increase.
During the forecast period, the card printer market in APAC is predicted to rise. Some of the crucial factors that are contributing to the growth of the card printer market is the growing IT sector, governments\' initiatives to go digital, and an increase in the payments using plastic cards. Many multinational companies have been established in the region because of the growth in economic infrastructure in the region. This has increased the demand for ID and access cards.
In the global Card Printer market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Entrust Datacard
HID Global
Zebra Technologies
Evolis
Ultra Electronics Airport Systems
NBS Technologies
...
Market Segment by Product Type
Single Sided
Dual Sided
Market Segment by Application
Banking
Government
Information Technology
Retail
Healthcare
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Card Printer market for the forecast period 2020 - 2025?
• What are the driving forces in the Card Printer market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Card Printer industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?