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Growing market for anti-counterfeit electronics

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DUBLIN – Due to the increasing product piracy, the global anti-counterfeit electronics and automobiles market is expected to reach $24.2 billion by 2020, at a notable annual growth rate of 10.1% from 2015 to 2020. This is the result of report “World Anti-Counterfeit Electronics and Automobiles Packaging Market – Opportunities and Forecasts, 2014 – 2020” conducted by Research and Markets.

DUBLIN – Due to the increasing product piracy, the global anti-counterfeit electronics and automobiles market is expected to reach $24.2 billion by 2020, at a notable annual growth rate of 10.1% from 2015 to 2020. This is the result of report “World Anti-Counterfeit Electronics and Automobiles Packaging Market – Opportunities and Forecasts, 2014 – 2020” conducted by Research and 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.

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Geographically, the market is segmented across North America, Europe, Asia Pacific and LAMEA. In 2014, North America was the largest revenue generating region with annual revenue of share of 43%, followed by Europe. The Asia-Pacific anti-counterfeit packaging (electronics and automobiles) market is set to grow at a promising CAGR of 11.1% from 2015 to 2020, due to rising awareness about anti-counterfeit technologies penetrating regional-markets.

This recent report forecasts the anti-counterfeit pharmaceutical and cosmetics packaging market to grow at a CAGR of 15.7% during 2015-2020.

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