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Future trends of Counterfeit money detection Market

global market is expected to reach USD 3.11 Billion by 2020, at a CAGR of 6.9% during the forecast period.

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Future trends of Counterfeit money detection Market

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  1. MarketsandMarkets Presents Counterfeit Money Detection Market worth 3.11 Billion USD by 2020 http://www.marketsandmarkets.com/Market-Reports/counterfeit-money-detection-market-199201518.html

  2. According to a new market research report "Counterfeit Money Detection Market, by Product (Coin & Currency Counter, Currency Sorter, Currency Detector, & Pen), Technology (Ultraviolet, Infrared, Magnetic, Watermark, & Microprint), Industry, End Device, and Geography - Global Forecast to 2020", the global market is expected to reach USD 3.11 Billion by 2020, at a CAGR of 6.9% during the forecast period. • Browse 71 market data Tables and 68 Figures spread through 154 Pages and in-depth TOC on "Counterfeit Money Detection Market - Global Forecast to 2020"http://www.marketsandmarkets.com/Market-Reports/counterfeit-money-detection-market-199201518.htmlEarly buyers will receive 10% customization on reports.

  3. Retail industry expected to lead the counterfeit money detection market • Circulation of counterfeit currency is a serious threat for the retail industries because retail stores handle a lot of hard currency transactions and do not always have the strong security measures to control the same. Therefore, this sector is considered as a prime target for counterfeiting. Many skilled criminals can imitate the authentic bank notes, and this is virtually impossible for the cashiers to note the differences every time only through sight and touch. To avoid these monetary losses in the business, counterfeit money detectors can be installed. The detector is expected to alert immediately so that the cashier can refuse the bills and prevent the circulation of counterfeit notes in the business. • Currency detectors expected to dominate the counterfeit money detection market segmented on the basis of product types • Currency detectors are the widely used products for counterfeit money detection. These are especially designed for detecting counterfeit banknotes. Counterfeit detectors are built-in with various technologies such as ultraviolet, infrared, watermark, microprint, magnetic, and other technologies which are able to identify counterfeit banknotes. http://www.marketsandmarkets.com/Market-Reports/counterfeit-money-detection-market-199201518.html

  4. The APAC market expected to grow at the highest CAGR during the forecast period • The market in APAC is expected to grow at a CAGR of 8.4% between 2015 and 2020. Governments of Asian countries such as China, Japan, and Australia give prime importance to the security aspect; there are numerous initiatives as well as various counterfeiting laws and penalties have been implemented in these countries to check on the circulation of counterfeit currency. • The report analyzes the market trends for each of the market segments and their respective growth rates. Apart from the market segmentation, the report also covers in-depth analysis such as Porter’s five forces analysis, value chain with a detailed process flow diagram, and market dynamics such as drivers, restraints, opportunities, and challenges for the counterfeit money detection market. The report also provides a qualitative and quantitative description of the segmentations considered for the market. It also gives a detailed view of the market across four geographical regions: • The report also profiles the most promising players in the counterfeit money detection market. The key players in the market are Crane Payment Innovations (U.S.), Glory Global Solutions (Japan), Japan Cash Machine Co., Ltd. (Japan), Cummins Allison Corp. (U.S.), Fraud Fighter (U.S.), Cassida Corporation (U.S.), and Royal Sovereign (U.S.) among others. http://www.marketsandmarkets.com/Market-Reports/counterfeit-money-detection-market-199201518.html

  5. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/counterfeit-money-detection-market-199201518.html

  6. Contact Us Contact:Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.comMarketsandMarkets Bloghttp://twitter.com/marketsmarkets

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