#Global ID Card Printers Market Value Chain Analysis
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Thermal Printing Market Analysis By COVID-19 Impact 2020-2027
Thermal Printing Market: An Overview
Thermal printing is a type of digital printing that creates an image when a thermal paper is heated. The presence of chemicals on the thermal paper tends to produce the required image when printed on a thermal printer. The need for thermal printing is due to its low maintenance cost, easy printing ability, and ease to recycle printed thermal papers. The papers printed from thermal printing can be easily recycled because of the short life of chemical coating on these papers. The images last for a few days after which they disappear making the papers to be reused again. Thermal printing provides fast printing and high quality of image, making it correctly readable. Printers used in thermal printing are lightweight, durable, and easy to use. Thermal printing is cost effective and delivers the product at high speed and with great quality. It is used in industries for printing receipts, bills, lottery tickets, and other labels. Thermal printing is used for various applications in hospitality, healthcare, transportation, logistics, and retail. Thermal printing minimizes manual error, reduces labor cost, and accurately enable product tracking. Different combination of chemicals used in thermal paper produces different images depending upon the need of the consumers.
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Thermal Printing Market: Dynamics
Growing population, industrialization, and disposable income are the prime factors which can drive the thermal printing market. In addition to this, its increasing usage in healthcare industries and retail industry due to their expansion can raise the market for thermal printing. Data capture technologies and automatic identification for product improvement and growth of the e-commerce industry can increase the usage of thermal printing. Inkjet and laser printing solutions can be restraints on the growth of thermal printing. Barcode printing is anticipated to hold the largest share of thermal printing solutions in the forecast period. Thermal printing market can be decreased due to the poor image quality of bar code labels and their heat setting problems. The company’s manufacturing thermal printing solutions are focusing on upgrading technology and preferring frequent product launches to cope up with the increasing demand. Introduction of a new version of desktop thermal printing and mobile printer solution can meet up the expectations of the consumers. Thermal printing can replace the traditional way of ads and can provide consumers with product related information by simply scanning the labels. Thermal printing can reduce the efforts to search for a product on mobile and can build a deeper communication between consumer and seller. Demand for product safety, anti-counterfeiting, wireless technologies is increasing, which can thrive the sales of thermal printing and allow its growth in the future.
Thermal Printing Market: Segmentation
On the basis of printer type, the thermal printing market has been segmented into:
POS Printer
Barcode Printer
RFID Printer
Card Printer
Kiosk and ticket printer
On the basis of end use, the thermal printing market has been segmented into:
Healthcare
Transportation and Logistics
Retail
Manufacturing
Industries
Others
Thermal Printing Market: Regional Outlook
Countries in the regions of Europe, North America and the Asia Pacific have the largest printing industries, and therefore, the market for the thermal printing market is expected to rise. Thermal printing market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period. It attributed to the high demand for thermal printing market incorporated in the retail, transportation and logistics, manufacturing industries, healthcare, and others. The increasing demand of convenience, easy to use and fast printing solutions which can recycle the printed papers, the market for thermal printing market in developing countries such as India, China, etc. are expected to rise.
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Thermal Printing Market: Key Players
Zebra Technologies Corporation
Seiko Epson Corporation
Bixolon EU
TSC Auto ID Technology Co., Ltd.
Star Micronics Co., Ltd.
SATO HOLDINGS CORPORATION
Honeywell International Inc.
Fujitsu Ltd.
Toshiba Corporation
Brother Industries, Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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Security Printing Market Poised to Expand at a Robust Pace Over 2020 to 2028
Security Printing Market: An Overview
Increased cases of forgery and counterfeiting practices are anticipated to drive the security printing market over the forecast period. Counterfeiting practices are particularly prevalent in bank notes, passports, postage stamps, identity cards, stock certificates, and contraband. Security printing helps in prevention of tampering and forgery of the instruments mentioned above.
The key end market verticals in security printing market includes Banking, Financial Services and Insurance (BFSI), Supply Chain Industry and Legal authorities (Government bodies) responsible for issuing passport, legal stamps, driving license, personal unique ID birth and death certificates,. With an increase cases of deception and counterfeiting, it will lead to the demand for security printing across its various applications.
Security printing is the field of the printing industry that deals with the printing of items such as financial instruments (banknotes, cheques), passports, tamper-evident labels, security tapes, product authentication, stock certificates, postage stamps, and identity cards.
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Polymer substrate is one of the indispensable elements used for manufacturing security printing paper. The long life of the polymer has assisted to the growing demand for plastic in the production of security printing papers. Hybrid security paper (Hybrid security papers are luminescent in UV light and contain special supplements and chemical components, which prevent mechanical and chemical erasures and other types of forgery) are another type of substrate, which are unique papers with security features containing watermarks, security fibers, and threads are used in various types of security documents.
Security Printing Market: Dynamics
Growth in demand for the security printing paper market is expected to rise due to many reasons:
With rise in crime, financial instruments should be issued through secure printing.
Developed countries would increase the usage of hybrid security printing papers to ensure their legal and financial documents are secured. Counterfeiting is expected to increase at an astonishing rate, which includes minor criminals producing illegal copies of tax stamps, forged documents, bank notes, and invading supply chains with changed packaging and goods. This will boost the demand for security printing market.
Many countries has introduced new currency notes in recent years to safeguard their economy with money laundering, counterfeits and corruption. Kenya, Jamaica, Poland, Venezuela, Namibia, Pakistan and India has changed their currency notes in recent years, this is an indication of growth of security printing market in aforementioned regions. Governments are taking cautions especially to abort forgery and counterfeiting practices by implementing security printing in their legal documents and tender.
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Security Printing Market: Segmentation
Global security printing paper market can be segmented on the application, security feature, and by regional.
Based on the application, the security printing paper market is segmented into –
Legal Document Issuing Authorities
Central banks
Based on the security feature, the security paper market is segmented into –
Watermarks
Holograms
Hybrid paper
Color pigments
Micro printing
Security Paper Market – Regional Outlook
Geographically, the global security printing paper market can be segmented into the Asia Pacific followed by Northern America, Africa, and Europe. Some stringent decisions taken by Asian and African countries has resulted in reprinting of their currency note in new design with added security. Latin America security paper market is expected to grow at a slower rate as many countries of this region are facing political and economic uncertainty. Africa is anticipated to be a substantial market for security printing paper market as the economy is emerging and low banking application will lead to demand for security printing paper.
Security Paper Market – Key Players
Few of the Key players identified across the globe in the security paper market are: Madras Security Printers Private Ltd., Giesecke & Devrient, 3M, Simpson Security Papers, Inc, SPM - Security Paper Mill, HGT, Troy Group Inc., and Luminescence International Ltd
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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Thermal Printing Market by Offering (Printer, Supplies), Printer Type (Barcode, POS, Kiosk & Ticket, RFID, and Card), Format Type (Industrial, Desktop, Mobile), Printing Technology (DT, TT, D2T2), Application and Geography - Global Forecast to 2025 published on
https://www.sandlerresearch.org/thermal-printing-market-by-offering-printer-supplies-printer-type-barcode-pos-kiosk-ticket-rfid-and-card-format-type-industrial-desktop-mobile-printing-technology-dt-tt-d2t2-app.html
Thermal Printing Market by Offering (Printer, Supplies), Printer Type (Barcode, POS, Kiosk & Ticket, RFID, and Card), Format Type (Industrial, Desktop, Mobile), Printing Technology (DT, TT, D2T2), Application and Geography - Global Forecast to 2025
Rising utilization of automatic identification and data capture technologies for improving productivity drives market growth
The thermal printing market is expected to grow at a CAGR of 4.4% from 2020 to 2025, to reach USD 53.5 billion by 2025 from USD 43.2 billion in 2020. The rising utilization of automatic identification and data capture technologies for improving productivity is one of the key driving factors for the thermal printing market growth. However, the stringent printing regulations and poor image quality of barcode labels are a few of the factors hindering the growth of the thermal printing market.
Retail application to dominate thermal printing market, in terms of size, during the forecast period
The thermal printing market for retail applications is expected to hold a dominant position during the forecast period. There is a significant demand for thermal printers in the retail sector. One of the critical factors for this high demand is the need for maintaining data by tracking inventory through barcode and RFID tags. Thermal printers are used to print these tags at significantly low costs. Also, these printers print rugged and reliable labels, which can withstand all challenging conditions such as abrasion, moisture, and extreme temperatures. Moreover, the inclination of the companies toward retailing and the growth potential of the e-commerce business is further expected to fuel the thermal printing market.
Barcode printers segment to hold the largest share of thermal printer market and witness significant growth from 2020 to 2025
In terms of market size, the barcode printers are expected to dominate the thermal printer market during the forecast period and is likely to witness significant growth in the said market from 2020 to 2025. Thermal barcode printers are extensively used in small, medium, and large businesses to label and subsequently track the products to be shipped. This is one of the significant factors that has led to the leading position of barcode printers in the thermal printer market.
APAC to witness the highest growth in the market during the forecast period
APAC is expected to witness the highest growth in the thermal printing market during the forecast period. China, Japan, and Australia are a few major countries that accelerate the growth of the thermal printing market in APAC. Healthcare & hospitality, and transportation & logistics applications are expected to demonstrate a higher increase compared with other applications in the region.
In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key officials in the thermal printing market. Following is the breakup of the profiles of primary participants for the report.
By Company Type: Tier 1 – 35 %, Tier 2 – 45%, and Tier 3 – 20%
By Designation: C-Level Executives – 35%, Managers – 25%, and Others – 40%
By Region: Americas – 45%, Europe – 20%, APAC – 30%, and RoW – 5%
The report profiles key players in the thermal printing market and analyzes their market rankings. Players profiled in this report are Zebra Technologies (US), SATO Holdings (Japan), Seiko Epson (Japan), Fujitsu (Japan), Star Micronics (Japan), BIXOLON (South Korea), Honeywell International (US), Brother Industries (Japan), Toshiba TEC (Japan), TSC Auto ID Technology (Taiwan), NCR Corporation (US), Avery Dennison (US), Citizen Systems (Japan), JADAK (US), Rongta Technology (Xiamen) Group (China), ProMach (US), CognitiveTPG (US), Shinmei (Japan), Seiko Instruments (Japan), and Axiohm (France)
Research Coverage
This report segments the thermal printing market by offering, application, and geography; and thermal printer market by printer type, format type, and printing technology. It also describes major drivers, restraints, challenges, and opportunities about this market, as well as includes the value chain and market ranking analysis.
Reasons to Buy This Report
The report will help leaders/new entrants in the thermal printing market in the following ways:
The report segments the thermal printing market comprehensively and provides the closest market size estimation for all sub segments across regions.
The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities about the thermal printing market.
The report will help stakeholders understand their competitors better and gain insights to improve their position in the thermal printing market. The competitive landscape section describes the competitor ecosystem.
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Security Printing Market Growth, Share, Demand and Analysis of Key Players to 2023
Security printing includes printing of banknotes, product authentication, postage stamps, identity cards, stock certificates and passports. Companies, government organizations and institutes protect their valuable documents such as coupons, prescription pads and transcripts with by incorporating few features of the security printing in order to reduce the cost. Security printing is done to avoid tempering, counterfeiting and forgery. Security printing includes special paper, watermarks, intaglio printing, micro-printing, holograms, security threads, magnetic inks, anti-copying marks and serial numbers. Based on end-use applications, security printing market can be segmented as financial, tickets, brand protection, personal ID and others. Substrates, coatings and inks are expected to be largest product segment in the global security printing market and this trend is expected to remain same in the next few years.
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Imposing stringent regulations and standards across the world is expected to be a driving factor for security printing market. Security printing and law enforcement can help in preventing counterfeiters and detect forgeries which would eventually reduce frauds. Furthermore, need of brand protection is anticipated to boost the market growth. Brand names are major target for the product pirates. These product pirates copy brand name and status which would cost companies huge losses and reputation dilution. Additionally, rising counterfeiting is anticipated to boost the market growth for security printing. Counterfeiting is increasing at an alarming rate that include petty criminals, invading supply chains with altered packaging and good, illegal copy of tax stamps and producing fake documents and bank notes. This is affecting the society in all the regions globally and the issue of counterfeiting needs to address.
Furthermore, increasing awareness about all the frauds in consumer groups is anticipated to drive the demand for security printing.Consumer groups demand to track and trace the products they procure in order to reduce the losses they face. Consumer behavior is changing due to fusion of end-user markets and industries which allow them to access for all the products in market with one go.However, growing digitization and convergence are expected to hamper the market growth. Thus innovations to develop new products with high security are expected to provide immense opportunities for the players in the market.
Asia Pacific emerged as the largest market for security printing in terms of demand. Middle East and Latin America is expected to be fastest growing in the next few years. Due to rising disposable income and changing consumer behavior in the developing countries of Asia Pacific, the demand for security printing is expected to remain high in the next few years. North America held the small share in the global security printing market. Growth for security printing market in North America is expected to revive in the next few years due to increasing awareness among consumer groups and companies about document security. Europe comprising Eastern and Western Europe is expected to grow at a moderate rate. Western Europe is expected to exhibit significant growth in the total market share.
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Global security printing market is moderately consolidated with few players accounting for major share. Some of the major players have presence across value chain and provide customized products and solutions for the customers. For instance, Giesecke & Devrient procure raw materials from its fully owned subsidiaries in order to reduce cost and maintain high quality of the product. Some of the key players in the global security printing market include 3M, Madras Security Printers Private Ltd. and Giesecke & Devrient.
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ID Card Printers Market to Remain Lucrative During 2017 - 2025
ID Card Printers Market: Introduction
ID Card printers are specialty printing devices that prints permanent or temporary impression on to predefined size Identity cards. The ID card printer operates on the same principle as any other desktop printer but its card feeding mechanism is where the difference lies. The printers are customized to fit only cards enabling it to print at a high speed with an improved efficiency. ID card printers are supplied to the customers with its own proprietary software to manage print quality and speed. ID card printers available in the market are capable of printing on special purpose cards a magnetic striped card, smart cards, cards with in built RFID technology and contactless cards. Some manufacturers, in order to gain higher customer base and market share offer ID card printers with an in built laminating system to improve the longevity of the card. Manufactures of ID card printers differentiate the pricing of their products on the basis of the amount of cards it can print on a daily basis. With the advantages of specific printing capabilities and improved speed, ID card printers market is anticipated to grow positively in all the regions in the upcoming years.
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ID Card Printers Market Dynamics
The world of today is geared towards technological advancements, data driven automation in every aspect with miniaturization taking the centre stage, therefore, a simple card has served more than its purpose of just an identification tool to an advanced data carrying device. This factor is the primary reason behind the growth of the ID card printer market from the global perspective. The utilization of cards has grown profoundly from past couple of years. Urbanization and increase in the size of working population has effectively aided in the growth of the ID card printer market and is anticipated to remain so in the upcoming years.
Though ID card printer offers its customers quick and easy solution for printing cards, integration of day to day processes and operations with a smartphone can come across as a restraint for the growth of the ID card printer market, in other words, smartphones has a huge potential to be utilized as a tool for maintaining and storing data that used to be imprinted on the ID card thereby effectively replacing it.
ID Card Printers Market: Segmentation
ID Card Printers Market can be segmented as follows;
By Printer type, the ID Card Printers market can be segmented as:
Desktop ID Card Printer
Industrial ID Card Printer
Others
By Printing Technology, the market can be segmented as:
Direct Transfer
Retransfer
Rewritable
By Print Color Scheme, the market can be segmented as:
Monochrome
Color
By Printability, the market can be segmented as:
Single Sided
Double Sided
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ID Card Printers Market: Regional Outlook
The ID card printer market is anticipated for a positive in the North American region owing to large working class population. The same can also be said for the European region where the market for ID card printer is expected be on the same levels as the North American region in the upcoming years. Urbanization and large presence of middle class population relegated to office jobs in prominent countries of the Asia Pacific region such as China and India is also anticipated to drive the market in the forecast period. Middle East and Africa region is also expected to witness an upsurge in the market in the upcoming years owing to the migration of large number of professionals in the region from other developing countries.
ID Card Printers Market: Market Participants
Examples of some of the major players in the Global ID Card Printers market, identified across the value chain include:
Entrust Datacard Corporation
HID Global Corporation
Evolis S.A.
NBS Technologies
Zebra Technologies Corporation
I.T. Engg. Co., Ltd.
IDP Co., Ltd.
Brady Corporation
Kanematsu USA, Inc.
Magicard Ltd.
Matica Technologies AG
MF Group Srl
Orphicard Tech Pvt. Ltd.
Valid USA
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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