In the Middle East and north Africa security printing market in the next five years will be developed rapidly
According to a latest pine for the Middle East and north Africa regional security printing market outlook survey report shows that in the next five years, the Middle East and north Africa regional security printing industry output value will reach $1.9 billion, at the same time, to rise 4.2% last year. At present, these "bosses" of oil has been developed in the field of e-government service related IT infrastructure long-term strategic planning, including financial, identity CARDS, transport, taxation, etc to make the transition to digital.Some of the oil countries began to try to smart card plan, but because of the political chaos, public credibility, objective reasons such as lack of funds, weak infrastructure, rush in where angels fear to tread.This phenomenon makes the original macro strategy in action is always delayed indefinitely, even "abortion".At the same time, the environment of the Middle East and north Africa security printing market have a certain impact, but still keep growth momentum. In the Middle East and north Africa regional security printing output change (for the financial sector, personal ID and other) Among them, the financial sector, including cash, cheque and bank CARDS.Expected future money printing market demand in the region will continue to climb, but the cheque will be cut.Although bank card business accounts for less than the whole financial market, but the growth rate is to be reckoned with.Cash using habit also makes pay check printing requirements do not meet expectations, many cardholders is only through it on an ATM withdrawals.However, once the POS machine began to rise in the Middle East and north Africa market, electronic consumption patterns will replace cash. At the same time, including passport, visa, ID card and driving license, personal ID market growth is obvious, the main reason lies in the implementation of electronic passports and international ID policy.Visa and the reason of market demand to reduce the rest of the world, all start from print to digital conversion. (Gold Printing Group)
