Anti-Counterfeit Electronics and Automobiles Packaging Market growing at a CAGR of 10.1% from 2014-2020

Allied Market Research has recently released a report titled "World Anti-Counterfeit Electronics and Automobiles Packaging - Market Opportunities and Forecasts, 2014-2020", projecting the global anti-counterfeit electronics and automobiles packaging market to grow at a CAGR of 10.1% from 2015 to 2020. Hologram technology is anticipated to dominate the authentication packaging technology market, reaching $8.0 billion by 2020, while the taggants technology segment is projected to register the highest CAGR of 21.4% during the same period.

Advanced technology in tracking, and adoption of item level RFID technologies are the major factors that drive the market growth. Other factors responsible for the anti-counterfeit electronics and automobiles packaging market growth are rising awareness of the consumers about anti-counterfeit technologies and rising government regulations and efforts laid on eradicating the electronic counterfeit products in various developed and developing nations. On the other hand, high cost associated with implementation of product identification (anti-counterfeit) setups and impact of anti-counterfeit products on product distribution process are likely to restrain the anti-counterfeit electronics and automobiles packaging market report.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/690

The anti-counterfeit electronics and automobiles packaging market is expected to reach $24.2 billion by 2020, with a CAGR of 10.1% during the forecast period from 2015 to 2020. Anti-counterfeit technology has emerged as the preferred solution against the rising cases of counterfeiting. The market is poised for remarkable growth, driven primarily by the increasing instances of counterfeit electronic and automotive products available in local markets.

To provide a detailed market assessment, the report segments the global anti-counterfeit (electronics and automobiles) market on the basis of technology and geography. The technology segment market is categorized into ink & dyes, holograms, watermarks, taggants, and track and trace packaging technologies. Inks & dyes and holograms were the leading technology segments, collectively accounting for around three-fourths of the market in 2014.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/purchase-enquiry/690

The high value of counterfeiting has spiked the demand of anti-counterfeit technologies within these industries. Additionally, factors such as advanced tracking technologies and adoption of RFID technology is also contributing to the growth of this market.

Moreover, the increasing consumers awareness about counterfeit products and rising government efforts to counter electronic and automotive counterfeiting in developed as well as developing nations is supplementing the market growth. However, high cost associated with implementation of product identification setups and impact of anti-counterfeit products on distribution process would limit the market growth.

Key findings of the study include:

- Inks & dyes and holograms collectively accounted for about 91.2% of the revenue generated in 2014.
- The RFID technology market segment is expected to grow at the highest rate during the forecast period, driven by its accuracy and multiple applications.
- North America is projected to lead the global anti-counterfeit packaging (electronics and automobiles) market, followed closely by Europe throughout the forecast period.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/anti-counterfeit-electronics-and-automobiles-packaging-market/purchase-options

To conclude, the extensive report by AMR offers important information on the market, highlighting key trends, regional outlooks, and competitive insights. By utilizing this data, businesses can strategically address challenges, capitalize on growing opportunities, and enhance their prospects for further development in this evolving industry.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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