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Microprinting Market worth $670 million by 2024

The microprinting market is expected to grow from USD 525 million in 2019 to USD 670 million by 2024, at a compound annual growth rate (CAGR) of 5.0%.

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Microprinting Market worth $670 million by 2024

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  1. MarketsandMarkets Presents Microprinting Market by Substrate Type (Plastic, Paper, Metal), Print Type (Single-Sided, Double-Sided), Type (Monochrome, Color), Application (Banking & Finance, Government, Packaging, Healthcare, Education, Corporate), Geography - Global Forecast to 2024 The microprinting market is projected to reach USD 670 million by 2024, growing at a CAGR of 5.0% from 2019 to 2024. Standards and regulations in the banking sector, and technological advancement in microprinting technology are a few major factors driving the growth of the microprinting market.

  2. MarketsandMarkets Presents Single-sided print type to hold major share of microprinting market during forecast period Single-side microprinting is done on check slips, stamps, official documents, medical prescription and reports, packaging labels, and a few ID cards. The growth of this market is mainly attributed to its widespread use in government, education, and corporate applications. Almost all postage stamps, check slips, event ID cards require single-sided microprinting. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=216162103 Moreover, the packaging industry adopts single-sided microprinting to protect products from duplicity. Matica Technologies AG (Germany), one of the leading financial card providers, offers XID8600 printer, which supports single-sided microprinting on cards. The XID8600, a premium quality printer, could be used for ID card printing. It has the ability to produce up to 120 single-sided cards per hour.

  3. MarketsandMarkets Presents Banking & finance application to dominate microprinting market during forecast period The banking & finance application is expected to hold the largest market share of the microprinting market during the forecast period. The growth of this market is attributed to the increasing demand from banking and financial sectors for anti-counterfeit tools and printers for counterfeit deterrence. Banking & finance application uses microprinting for various banking documents, including check slips, currency/banknotes, financial or payment cards, ID cards. Microprinting technology focuses on fulfilling these demands by printing microscopic text.

  4. MarketsandMarkets Presents Xerox Corporation (US), Videojet Technologies, Inc. (US), Matica Technologies AG (Germany), Brady Corporation (US), Zebra Technologies Corporation (US), HP Inc. (US), Ricoh Company Ltd. (Japan), Canon FinetechNisca Inc. (Japan), Source Technologies (US), SAFEChecks (US), Xeikon (Netherlands), Domino Printing Sciences PLC (UK), Control Print Ltd. (India), Data Carte Concepts (Canada), Evolis (France), Micro Format, Inc. (US), Spectrum Positive (UK), Printegra (US), Trustcopy (Singapore), and William Frick & Company (US)  are major players in the microprinting market. Read More @ https://www.marketsandmarkets.com/PressReleases/microprinting.asp

  5. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

  6. MarketsandMarkets Presents MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 

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