The global ID card printer and media market size is anticipated to surpass US$ 6.3 billion by 2030, expected to expand at a CAGR of 4.4% over the forecast period 2021 to 2030. The increasing working population and technological advancements in card printers and ink are factors expected to boost the global ID card printer and media market during the forecast period.
ID card printer is an electronic device generally in operation for about five to eight years. These devices are gaining increasing popularity as electronic authentication both secures and accumulates essential data for various commercial operations. The process is often autonomous and hence, requires little effort on the part of authorities to run operations. Moreover, ID card printer also increases productivity and efficiency with essential checks and balances.
Various types of ID card printers are available in the market today. These include single sided ID card printers, double sided ID card printers, retransfer ID card printers, and high-performance card printers. Moreover, ID card printers can be embedded with various built-in technologies for access including Bluetooth, Ethernet, USB, and biometric. They can be rewritable in nature as well.
Card printer ribbons (Media) are consumables in printers that are used for the printing of plastic cards either in full color format or in mono-color. Ensuring highly accurate image patterns and sharp text imprints is among the primary functionalities of the ribbon. Quality of card printing ribbons has also improved with advancements in the card printing technology. The two commonly used ribbons types are monochrome print ribbon and full color print ribbon.
Rising demand for electronic security, biometric applications, and influx of supporting infrastructure such as 5G are expected to drive growth of the ID card printer market. Moreover, demand for advanced and personalized ID cards has increased significantly over the past decade due to increasing working population across different sectors.
The average life of ID card printers is about eight years from the date of manufacture, depending upon its use, post which, they are usually discarded. Considering their disposal across the world, it adds to the cumulative electronic waste. In addition, disposal of huge volumes of ribbons and papers adds to the total amount of non-degradable electronic waste generated in a year. This factor is projected to hinder the growth of the global ID card printer and media market in the near future.
Growing trends such as automation, rising application of biometric security, and adoption of IT solutions across a wide range of sectors are expected to drive growth of the ID card printer and media market.
Moreover, governments in different countries such as India, Nigeria, Japan, etc., are implementing national ID systems for financial planning, social inclusion, development planning, and service delivery & governance. Eco-friendly cards and rewritable cards are experiencing high demand across different verticals.
Personalization in Services and Card Printing Bolsters Market Growth
Manufacturers are increasing their marketing capabilities to provide reliable and flexible printing solutions to end customers. Personalization and instant issuance services are being preferred by customers. In order to grab revenue opportunities, manufacturers are building their product portfolio in a comprehensive range of printers that cater to small volume and large volume secure encoded card printing.
Smart card and RDIF technologies are acting as key growth drivers for companies in the ID card printer and media market. Add-on features in media such as lamination and customized holograms on cards are grabbing the attention of end users in government and transportation sectors.
In terms of printer type, the single sided is the most popular choice for various end users across the globe. Moreover, major OEMs are focusing on continuously innovating single sided type of ID card printers, as the printer has the capacity to upgrade into double side at minimal cost.
Based on ribbon (media) type, the YMCKO/YMCKT card printing ribbons have become more cost-efficient and reliable, owing to constant improvements in printing technology. Moreover, with increase in the number of visitors, the usage of card printers has also significantly increased, resulting in considerable rise in demand for consumables used to print the cards, including card printing ribbons.
In terms of encoding type, the No encoding ID cards are the simplest form of ID cards and these cards are extensively used across the educational sector. Institutions issue ID cards to students to monitor individual performance. The rising school-going population across developing countries is creating demand for ID cards, thus offering market opportunities for ID card manufacturers to enhance their revenues.
Based on technology, the global ID card printer and media market has been categorized into direct to card (DTC) and retransfer/reverse transfer. Additionally, government agencies, businesses and corporations, healthcare facilities, loyalty and membership programs, and universities & colleges are all increasing their use of multi-function smart cards. Encoding options also allow configuration of printers to generate highly secure contactless and contact smart cards with the help of reverse transfer printer that address specific needs. Reverse transfer printers are likely to be the preferred choice of end users in the upcoming years, as they demand more functionality from their ID cards.
Based on Regions, the Asia Pacific accounted for a major share of the ID card printer and media market in 2020 and over the next few years, Asia will continue to remain a key demand cluster, especially South Asia and ASEAN, with minor downsized growth anticipated from Far East Asian countries. New subscribers of payment cards, led by increased per capita income and growth in middle class population has also contributed to the demand for cards viz. a. viz. card printing ribbons.
North America and Europe are the other dominant ID card printer and media markets after Asia Pacific. The U.S. and Germany are more oriented toward technologies; hence, the demand for ID card printer and media is high in these countries.
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2017 to 2019.
The analysts have provided a comprehensive analysis of the competitive landscape of the global ID card printer and media market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation expected to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users) and other segments.
Key players operating in the global ID card printer and media market are HID Global Corporation, Zebra Technologies Corporation, Evolis SA, Magicard Ltd, IdentiSys Inc., ScreenCheck BV, Card Technology Services, HP Inc., Entrust Corporation (Datacard Group), and Kanematsu USA Inc. (Nisca & Swiftcolour).
By Printing Type
By Ribbon (Media) Type
By Encoding Type
By End User
This report focuses on ID card printer and media market includes crucial information on market share, market size, and growth rate for the forecast period 2021 to 2030 at the global level, regional level and company level. From a global perspective, this report represents overall ID card printer and media market size by analyzing historical data and future prospect. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics. The study includes drivers and restraints of the global ID card printer and media market.
The research not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.
In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of segments. The report analyzes the global market in terms of value (US$ dollers) and volume (Million Units).
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2017 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
The report provides in-depth segment analysis of the global ID card printer and media market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the ID card printer and media market.
The report includes country-wise and region-wise market size for the period 2017-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2017-2030.
In this study, the years considered to estimate the market size of ID card printer and media are as follows:
The research methodology adopted by analysts for compiling the global ID card printer and media market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global ID card printer and media market.
The study objectives of this report are:
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