DUBLIN, Feb. 22, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/k2nl4j/counterfeit_money) has announced the addition of the "Counterfeit Money Detection Market by Product (Currency Detector, Currency Sorter, & Others), Technology (Ultraviolet, Infrared, & Others), Industry (Retail, Gaming, & Others), End-Device (Kiosk & Others), and Geography - Global Forecast to 2020" report to their offering.
The overall counterfeit money detection market is expected to reach USD 3.11 Billion by 2020, growing at a CAGR of 6.9% between 2015 and 2020. The growth of this market is propelled by initiatives taken by various governments to implement the counterfeit money detectors to prevent the circulation of fake currency. The growing number of fraudulent activities and transaction of fake currency across sectors such as retail, gaming, and banking are also the prime causes for the growth of this said market. The growth in new retail automated products, such as mobile point-of-sale terminals, are creating opportunities for this market.
In the process of determining and verifying the market size for several segments and subsegments of the counterfeit money detection market, extensive secondary research and primary interviews with key people have been conducted. Break-up of the profiles of primary participants is shown below:
- By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
- By Designation: C-Level - 20%, Director Level - 60%, and Others - 20%
- By Region: North America - 50%, Europe - 33%, and APAC - 17%
- Cassida Corporation
- Crane Payment Innovations
- Cummins Allison Corp.
- DRI Mark Products Inc.
- Fraud Fighter
- Glory Ltd.
- Innovative Technology Ltd.
- Japan Cash Machine Co., Ltd.
- Royal Sovereign International Inc.
- Semacon Business Machines, Inc.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Counterfeit Money Detection Market, By Product
8 Counterfeit Money Detection Market, By Technology
9 Counterfeit Money Detection Market, By Industry
10 Counterfeit Money Detection Market, By End Device
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/k2nl4j/counterfeit_money
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SOURCE Research and Markets