Global card printer market is anticipated to exhibit a considerable CAGR during the forecast period (2022-2028). The growing application of card printers in the education sector owing to the increase in the number of students and educational institutions is anticipated to drive the growth of the global card printer market. According to the data published by National Center for Education Statistics (NCES), in 2020 approximately 49.4 students attended public schools from prekindergarten to grade 12, including upgraded students. Out of 49.4 million public school students, 1.2 million attended prekindergarten, 3.4 million attended kindergarten, 34.1 million attended pre-kindergarten to grade 8, and 15.3 million attended graded 9 to 12.
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Moreover, in 2019-2020, nearly 4.7 million students attended private schools. In addition, nearly 3.7 million students are estimated to have graduated from high school in 2019, including 3.3 million students from public schools and 0.4 million students from private schools. Thus, the increasing number of students attending schools and other educational institutions is anticipated to fuel the demand for the global card printer market. The increasing number of educational institutions is anticipated to drive the growth of the global card printer market. According to data published by India Brand Equity Foundation (IBEF) in 2022, the number of colleges reached 42,343 in 2020. Further, in 2021 -2022, there are 8,997 total AICTE-approved institutes in India. Out of these, there are 3,627 undergraduate, 4,790 postgraduate, and 3,994 diploma institutes. Thus, the increasing number of students coupled with a growing number of educational institutions are anticipated to fuel the demand for the global card printer market.
Looking toward the demand for the card printers, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, In January 2020, Matica Technologies Group SA launched MC310, a direct-to-card printer at Intersec 2020. The MC310 is a 300 dpi high-resolution printing quality card printer with all encoders available for security ID applications in various markets including government, corporate, education and transportation. Thus, such launches are anticipated to drive the growth of the global card printer market during the forecast period (2022-2028).
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Competitive Landscape-
Zebra Technologies Corp., Entrust Datacard Corp., and Toshiba Tech Corp., among others
By Type
Single-Sided
Dual Sided
By Application
Banking,
Government
Information Technology
Education
Retail
Healthcare
Others
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Scope of the Report
The research study analyzes the Global Card Printer industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Card Printer Market Report
1. What was the Global Card Printer Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Card Printer Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Card Printer Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Card Printer market.
- The market share of the Global Card Printer market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Card Printer market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Card Printer market.
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