Passport Reader Market

The Passport Reader Market is valued at USD 208.6 Million in 2021 and is expected to reach USD 438.6 Million by 2028 with a CAGR of 11.2% over the forecast period.  

Global Passport Reader Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028. Increasing number of immigrants and rising number of counterfeit passport cases are some of the major factors expected to accelerate the growth of the Global Passport Reader Market. 

Scope of Global Passport Reader Market Report:-

Passport readers are electronic devices with components and technology operating on optical scanners, RFID, and other techniques. These devices work on contactless smart card technology, and the device can read the printed information contained on the pages of the passport, as well as the embedded microprocessor chip and other functions. passport reader known as national id scanner is a document information collection device with valuable functions and novel design. It has industry- image processing, OCR text recognition, artificial intelligence, radio frequency identification (RFID), etc. Algorithm technology can quickly and exactly identify more than 80 types of document information and national ID cards information, support automatic sensor triggering of documents, automatic classification, and simple process. The newly launched reader reads ID cards, passports, visas, ePassport’s, driver's licenses, national IDs, and military common access cards from printed documents and mobile phones as well also reads 1D or 2D barcodes for example QR code, DataMatrix, and PDF417 from the printed documents and mobile phones and others. 

The outbreak of Covid-19 has shown a negative impact on the passport reader market due to in the pandemic restricted the travel industry worldwide which has affected the market growth. However, the market has started recovering after the pandemic. 

Global Passport Reader Market Segmentation:-

The passport reader market is segmented on the basis of technology, reader type, application, sector and geography. On the basis of technology, the passport reader market is segmented into radio-frequency identification (RFID), barcode and optical character recognition (OCR). On the basis of reader type, the passport reader market is segmented into swipe readers, self-service kiosk, compact full-page reader and others. On the basis of application, the passport reader market is segmented into airport security, border control and others. On the basis of sector, the passport reader market is segmented into public and private. 

By Technology: 

• Radio-frequency Identification (RFID) 
• Barcode 
• Optical Character Recognition (OCR) 

By Reader Type: 

• Swipe Readers 
• Self-Service Kiosk 
• Compact Full-Page Reader 
• Others 

By Application: 

• Airport Security 
• Border Control 
• Others 

By Sector: 

• Public 
• Private 

Key Players of Global Passport Reader Market Report:-

Some of the key players for passport readers are

• Gemalto N.V
• Lintech Enterprises Limited
• Access Limited
• ARH INC
• Regula Forensics Inc.
• DESKO GmbH
• Beijing Wintone Science Technology
• IER Inc.
• IDAC Solutions Pvt. Ltd.
• Others. 

Recent Developments

News- Innovatrics Launched Biometrics Enrolment App and Rapid Remote Passport Reader 

On October 1st, 2021; Innovatrics added a rapid Universal Passport Reader to its onboarding suite for easy smartphone-based digital visa applications and a biometric enrolment app for Windows and Android portable devices to accelerate registration for its Automated Biometric Identification System (ABIS). 

Gemalto NV Announced the Launch of the AT9000 MK2 Passport Reader 

On April 20th, 2020; The Thales Gemalto Document Reader AT9000 MK2 is a compact, full-page scanner. It is best-selling document readers and probably the most familiar sight at border control desks around the world. AT9000 MK2 reads and verifies multiple document types instantly, efficiently as well as accurately. The AT9000 MK2 reads passports, ePassport’s (BAC, SAC, EAC, PACE, AA), ID cards, national IDs, visas, military CAC cards, and driver's licenses, 1D and 2D barcodes ((Aztec, DataMatrix, PDF417, QR Code) from printed documents and mobile phones. 

Global Passport Reader Market Dynamics- 

Increasing number of immigrants is one of the major factors expected to drive the market growth owing to the armed conflict, disaster exposure, gender inequality, lack of job opportunities, political corruption, and lack of access to competent healthcare and education and other many problems. For example; according to the World Migration Report (WMR); the global valuation is that there were nearly 281 million international migrants in the world in 2020, which equates to 3.6 per cent of the global population. Additionally, according to the Lutheran Immigration and Refugee Service, in 2021 Currently, there are an estimated 272 million international migrants, which account for 3.5% of the world’s population. And, according to the NIH, there are 2-4 million new migrants each year. The greatest benefit of mobile passport scanning is faster it is evaluated to manual data entry. A mobile passport scanner data processes in a fast. Under laboratory verification, passport scanning is more than 20 times faster than manual data entry. Therefore, this makes a huge difference to workforces that are required to perform many ID verifications per day.

In addition, increasing number of counterfeit passport cases are posing a threat to the national security of several countries which is also supplementing the demand for the passport reader. Passport fraud is a federal crime known as in the market. Generally, passport counterfeit is obliged to facilitate another crime such as, illegal immigration, contraband smuggling, economic crime, or terrorism. For example; recently, in Haryana, India in June 2022, the police have arrested one more agent in a case involving nexus of fraudsters, allegedly making passports based on fake documents of the people, who never lived in Karnal. In each, 21 persons have been arrested for the fraud. As well, according to the New Delhi television, in Jan 2020, Ghaziabad Police arrested three men for apparently conning nearly 250 people for making fake visas.

However, high installation cost and some technical problems like clandestine scanning, eavesdropping, and biometric feature leakage may hinder the market growth. However, continuous emphasis on the construction of new airports and development of existing airports may offer more opportunities for the further growth of the market. 

Global Passport Reader Market Regional Analysis- 

North America is expected to dominate the global passport reader market. This growth is attributed to the adoption of technologically advanced border securing technologies and presence of significantly high number of airports, which regularly cater to noteworthy number of international passengers (both arrival and departure). For example’; the U.S. Department of Homeland Security (DHS) is upgrading its biometric collection technology to identify international travellers more quickly and accurately. This development technology includes using new, faster fingerprint scanners to collect additional fingerprints from international travellers when they enter the United States. Also, according to the article, there nearly 15,000 airports in the world. In the U.S. only, there are approximately 19,622 airports, including over 5,000 public airports. Also, in Hartsfield–Jackson Atlanta International Airport (ATL) includes 103.9 million Passengers in 2020.

Europe is expected to be second dominating region in the global passport reader market owing to the rising number of international migrants as well as increase in new product launches in this region. For example; in June 2020, Nets released the Nets Passport Reader to provide electronic ID for remote digital identification with biometric liveness detection through a smartphone app. As well as, according to the European Union (EU), 23.7 million people (5.3%) of the 447.2 million people living in the EU on January 1st, 2021 were non-EU citizens. Furthermore, according to the United Nation Organization in 2019, Europe introduced the major number of international migrants, at 82 million.

On Special Requirement Passport Reader Market  Report is also available for below Regions and Countries:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2021 - 2028
Market Size in 2020:	USD 1409.3 Million
Base year considered	2021
Forecast Period CAGR %:	11.20 %
Market Size Expected in 2027:	USD 2963.1 Million
Tables, Charts & Figures:	175
Pages	200
Key Players/Companies	Gemalto N.V, Lintech Enterprises Limited, Access Limited, ARH INC, Regula Forensics Inc., DESKO GmbH, Beijing Wintone Science Technology, IER Inc., and IDAC Solutions Pvt. Ltd
Segments Covered	By Technology, By Reader Type, By Application, By Sector
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Passport Reader Industry Report:-

• Global Passport Reader Industry report covers in-depth historical and forecasts analysis. 
• Global Passport Reader Industry research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, and Regional and Country Level. 
• Global Passport Reader Industry report helps to identify opportunities in the marketplace. 
• Global Passport Reader Industry report covers an extensive analysis of emerging trends and the competitive landscape.