The Global Security Printing Market value will increase from $30.7 billion in 2020 to $36.2 billion by 2024, with a compound annual growth rate (CAGR) of 4.3%.
Major Players in The Market involves Intergraf, United Security Printing, Cifang Security Printing, ISP, Esko, Tianjin Fangtong Security Printin, ANY Security Printing Company, Orell Fussli Security Printing, Pagemark Technology, Shenzhen Weihua Security Printing, Shanghai Security Printing Co., Ltd., Giesecke & Devrient GmbH and Adae Group.
High-security printing techniques are available that will help to deter even the most determined and resourceful criminals when designing a passport in 2020. A security printing technique known as Intaglio printing provides another powerful security tool. At Thales, it typically incorporates latent images that can only be seen when viewed at particular angles. Furthermore, Intaglio printing has a distinctive feel to it. This is immediately recognizable not just to those responsible for checking the document's authenticity, but the wider public too.
April 2020- The MIFARE SAM AV3 Adds Security to Smart City Applications. MIFARE SAM is a secure microcontroller, based on an IC with a dedicated operating system and feature set that stores and employs various cryptographic keys and their handling. Working in combination with MIFARE contactless ICs the MIFARE SAM is integrated in a contactless reader (for example a POS terminal, toll gate, or door lock) to help enhance transaction security by providing added protection for storage and communication functions of secure keys. The MIFARE SAM helps establish a secure connection, so contactless devices can safely perform sensitive transactions while helping to ensure that those transactions remain secure.
During the period of Covid-19 ANY’s sales are remain profitable. The first half of 2020, ANY’s sales revenue is HUF 13 billion, which is 19% lower than in the same period last year. Export sales are HUF 5.7 billion, representing a ratio of 44%, which is equal to the base period value. The consolidated EBITDA is HUF 1275 million, HUF 309 million less compared to the first half of 2019. Net profit is HUF 301 million in the first half of 2020.
The global security printing market covers segments such as process and application. The process segments include digital printing, screen printing, lithographic printing, letterpress printing, intaglio printing, and others. On the basis of application the global security printing market is categorized into brand protection, personal id, financials, tickets and others. By regional analysis it has included Europe, North-America, Asia-Pacific and Middle East & Africa. Geographically, Asia Pacific is expected to grow at a notable rate during the forecast period on account of growing investment in countries like China, Nepal, and India in order to combat counterfeiting.
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