Global Passport Readers Market Size, Trends & Growth Opportunity, By Type (Swipe Readers, Compact Full-Page Reader, Self-Service Kiosk, and Others), By Technology (RFID, Barcode, and OCR), By application (Border Security, and Airport Security. Further, market is segmented into sector such as Public, and Private) By Region and Forecast till 2030.
Market Overview
Global Medical Foods Market was valued at USD $212.4 million in 2022 which is expected to reach USD $314.17 million by 2030 at a CAGR 5.02%. Passport readers are the devices which are used for general security purpose, document authentication and access control. These devices can identify multiple documents including passports, bank cards, ID proofs, and other documents. These are classified into various types such as Swipe Readers, Compact Full-Page Reader, Self-Service Kiosk, and Others.
Market Drivers
Rise in adoption of advanced technologies lick OCR (Optical Character Recognition) and security devices is the key driving factor which is expected to propel the global passport reader market growth. Furthermore, increase in government initiatives in various regions are significantly boost the security and authentication measures at airports and marine borders or cross-country lands with the use of electronic devices like passport readers will have the positive impact market growth. The passport reader use at airport reduces time and queue for check in and error free recording of information will fuel the market growth in near future.
Market Restraints
However, increase in COVID 19 pandemic across the globe many governments has implemented various stringent rules and regulations including restrictions on travelling which expected to hamper the global passport reader market growth. Also, high installation growth of passport readers and some technical issues like clandestine scanning, eavesdropping, and biometric feature leakage will affect the market growth.
Market Segmentation
Global Passport Reader Market is segmented into type such as Swipe Readers, Compact Full-Page Reader, Self-Service Kiosk, and Others, by technology such as RFID, Barcode, and OCR, by application such as Border Security, and Airport Security. Further, market is segmented into sector such as Public, and Private.
Also, Global Passport Reader Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Gemalto N.V, IDAC Solutions Pvt. Ltd., Lintech Enterprises Limited, DESKO GmbH, IER Inc., Beijing Wintone Science Technology, Regula Forensics Inc., Access Limited, and ARH INC.
Market Taxonomy
By Type
• Swipe Reader
• Compact Full-Page Reader
• Self-Service Kiosk
• Others
By Technology
• RFID
• Barcode
• OCR
By Application
• Border Security
• Airport Security
By Sector
• Public
• Private
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Passport Reader Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Passport Reader Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Passport Reader Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Passport Reader Market Share Analysis, by Type
5.3 Global Passport Reader Market Size and Forecast, by Type
5.3.1 Swipe Reader
5.3.2 Compact Full-Page Reader
5.3.3Self Service Kiosk
5.3.4Others
6 Global Passport Reader Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Passport Reader Market Share Analysis, By Technology
6.3 Global Passport Reader Market Size and Forecast, By Technology
6.3.1 RFID
6.3.2 Barcode
6.3.3OCR
7 Global Passport Reader Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Passport Reader Market Share Analysis, By Application
7.3 Global Passport Reader Market Size and Forecast, By Application
7.3.1 Border Security
7.3.2 Airport Security
8 Global Passport Reader Market, By Sector
8.1 Y-o-Y Growth Comparison, By Sector
8.2 Global Passport Reader Market Share Analysis, By Sector
8.3 Global Passport Reader Market Size and Forecast, By Sector
8.3.1 Public
8.3.2 Private
9Global Passport Reader Market, By Region
9.1 Global Passport Reader Market Share Analysis, By Region
9.2 Global Passport Reader Market Share Analysis, By Region
9.3 Global Passport Reader Market Size and Forecast, By Region
10 North America Passport Reader Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Passport Reader Market Share Analysis, By Type
10.3 North America Passport Reader Market Size and Forecast, By Technology
10.4 North America Passport Reader Market Size and Forecast, By Application
10.5 North America Passport Reader Market Size and Forecast, By Sector
10.6 North America Passport Reader Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Passport Reader Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Passport Reader Market Share Analysis, By Type
11.3 Europe Passport Reader Market Size and Forecast, By Technology
11.4 Europe Passport Reader Market Size and Forecast, By Application
11.5 Europe Passport Reader Market Size and Forecast, By Sector
11.6 Europe Passport Reader Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Passport Reader Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Passport Reader Market Share Analysis, By Type
12.3 Asia Pacific Passport Reader Market Size and Forecast, By Technology
12.4 Asia Pacific Passport Reader Market Size and Forecast, By Application
12.5 Asia Pacific Passport Reader Market Size and Forecast, By Sector
12.6 Asia Pacific Passport Reader Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Passport Reader Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Passport Reader Market Share Analysis, By Type
13.3 Latin America Passport Reader Market Size and Forecast, By Technology
13.4 Latin America Passport Reader Market Size and Forecast, By Application
13.5 Latin America Passport Reader Market Size and Forecast, By Sector
13.6 Latin America Passport Reader Market Size and Forecast, By Country
14Middle East Passport Reader Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Passport Reader Market Share Analysis, By Type
14.3 Middle East Passport Reader Market Size and Forecast, By Technology
14.4 Middle East Passport Reader Market Size and Forecast, By Application
14.5 Middle East Passport Reader Market Size and Forecast, By Sector
14.6 Middle East Passport Reader Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Gemalto N.V
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Leonardo S.P.A
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Lintech Enterprises Limited
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 DESKO GmbH
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 IER Inc
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Beijing Wintone Science Technology
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Regula Forensics Inc
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Access Limited
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 ARH INC
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
