Lucintel Forecasts Global ID Card Printer Market to Reach $8.7 billion by 2030.


Posted October 5, 2023 by Lucintel

According to a market report by Lucintel, the future of the global ID card printer market looks promising with opportunities in the industrial/manufacturing, banking, healthcare, government, and educational sectors

 
According to a market report by Lucintel, the future of the global ID card printer market looks promising with opportunities in the industrial/manufacturing, banking, healthcare, government, and educational sectors. The global ID card printer market is expected to reach an estimated $8.7 billion by 2030 with a CAGR of 4.4% from 2024 to 2030.
The major drivers for this market are rising need for ID cards for security concerns, emergence of RFID and smart cards, and increasing use of ID card printers in various sectors, such as government, healthcare, educational, and banking institutions.
A more than 150 – page report is developed to understand trends, opportunity and forecast in ID card printer to 2030 by product (single-sided card printers, double-sided card printers, high-performance card printers, and standard card printers), sales channel (offline and online), technology (reverse transfer, direct-to-card/dye sublimation, rewritable, and encoding), end use industry (industrial/manufacturing, banking, healthcare, government institutions, and educational institutions), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, single-sided card, double-sided card, high-performance card, and standard card are the major segments of ID card printer market by product type. Lucintel forecast that double-sided card is expected to witness highest growth over the forecast period due to rising preference for this product to rapidly generate a large number of ID cards.
Within this market, government is expected to witness highest growth over the forecast period due to significant demand for reliable and secure ID cards for their citizens and employees.
North America is expected to witness highest growth over the forecast period due to availability of major manufacturing hubs and increasing adoption of ID card printers in banks and educational institutes of the region.

Zebra Technologies, Evolis, HP Development, Hid Global, Entrust, Kanematsu, CIM, Magicard Neo, Seiko Epson, and IDP are the major suppliers in the ID card printer market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags id card printer market
Last Updated October 5, 2023