Passport Reader Market Share, Industry Analysis, Leading Players, Rapid Growth And Forecast Report To 2028
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.
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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.
Top Companies in Passport Reader Market:
• 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.
The report evaluates the growth rate and the market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
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Emerging use and applications of Passport Reader and significant R&D investments in this field are the major factors driving the growth of the global Passport Reader Market.
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).
Passport Reader Market Segmentation:-
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
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Passport Reader Market Report is also available for Specific Regions & Countries:
• North America (US, Canada)
• Europe (Germany, France, UK, 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 Latin America)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA)
Table of Content
Chapter 1- Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP's of Report
1.8. Report Description
Chapter 2- Global Passport Reader Market Overview
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Passport Reader Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Passport Reader Market: Trends
2.8. Porter's Five Forces Analysis
2.9. Market Attractiveness Analysis
Chapter 3 - Global Passport Reader Market Overview
Chapter 4 - Global Passport Reader Market Analysis: Segmentation By Type
Chapter 5 - Global Passport Reader Market Analysis: Segmentation By Applications
Continued@........
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