Passport Reader - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Passport Reader Market is accounted for $209.48 million in 2019 and is expected to reach $568.82 million by 2027 growing at a CAGR of 13.3% during the forecast period. The increasing number of individuals and groups travelling from country to country for recreational purposes and increasing the number of immigrants seeking to enter developed countries are driving the growth of the market. However, the high cost of implementation and technical issues are hampering the growth of the market.
Passport readers are documenting authentication devices used for general security purposes and access control. The passport readers are widely used at airports to reduce time & queue for check-in and error-free recording of information.
By offering, the stand-alone segment is going to have a lucrative growth during the forecast period due to the benefit of portability; on the contrary, the high prices are associated with integrated passport reader. Based on the geography, North America is anticipated to hold considerable market share during the forecast period due to the growing number of travellers, rise in usage of e-passports and increase in air passengers, airport officials and border controls started deploying passport readers to maintain a smooth flow of passengers.
Some of the key players profiled in the Passport Reader Market include Regula Forensics Inc., Lintech Enterprises Limited, Access Limited, IDAC Solutions Pvt. Ltd, Gemalto N.V., DESKO GmbH, Beijing Wintone Science Technology, ARH INC, 3M Company, and IER Inc.
Offerings Covered:
• Integrated
• Stand-Alone
Technologies Covered:
• Radio-frequency Identification (RFID)
• Optical Character Recognition (OCR)
• Barcode
Types Covered:
• Swipe Readers
• Self Service Kiosk
• Half-Page Reader
• Compact Full Page Reader
• Portable Readers
Sectors Covered:
• Public
• Private
• Government
Document Formats Covered:
• ID-1 Format
• ID-2 Format
• ID-3 Format
Applications Covered:
• Border Control
• Airport Security
End Users Covered:
• Travel Agencies
• Banks
• Rental Car Companies
• Police
• Immigration Services
• Hotels & Casinos
• Train/ Bus Terminals
• Corporates (Employee Vetting)
• Border Control Applications & Social Security
• Passport Issuing & VISA application
• Harbours and Airports
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Passport Reader Market, By Offering
5.1 Introduction
5.2 Integrated
5.3 Stand-Alone
6 Global Passport Reader Market, By Technology
6.1 Introduction
6.2 Radio-Frequency Identification (RFID)
6.3 Optical Character Recognition (OCR)
6.4 Barcode
7 Global Passport Reader Market, By Type
7.1 Introduction
7.2 Swipe Readers
7.3 Self Service Kiosk
7.4 Half-Page Reader
7.5 Compact Full Page Reader
7.6 Portable Readers
8 Global Passport Reader Market, By Sector
8.1 Introduction
8.2 Public
8.3 Private
8.4 Government
9 Global Passport Reader Market, By Document Format
9.1 Introduction
9.2 ID-1 Format
9.3 ID-2 Format
9.4 ID-3 Format
10 Global Passport Reader Market, By Application
10.1 Introduction
10.2 Border Control
10.3 Airport Security
11 Global Passport Reader Market, By End User
11.1 Introduction
11.2 Travel Agencies
11.3 Banks
11.4 Rental Car Companies
11.5 Police
11.6 Immigration Services
11.7 Hotels & Casinos
11.8 Train/ Bus Terminals
11.9 Corporates (Employee Vetting)
11.10 Border Control Applications & Social Security
11.11 Passport Issuing & VISA application
11.12 Harbours and Airports
12 Global Passport Reader Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Regula Forensics Inc.
14.2 Lintech Enterprises Limited
14.3 Access Limited
14.4 IDAC Solutions Pvt. Ltd
14.5 Gemalto N.V.
14.6 DESKO GmbH
14.7 Beijing Wintone Science Technology
14.8 ARH INC
14.9 3M Company
14.10 IER Inc.
List of Tables
1 Global Passport Reader Market Outlook, By Region (2018-2027) ($MN)
2 Global Passport Reader Market Outlook, By Offering (2018-2027) ($MN)
3 Global Passport Reader Market Outlook, By Integrated (2018-2027) ($MN)
4 Global Passport Reader Market Outlook, By Stand-Alone (2018-2027) ($MN)
5 Global Passport Reader Market Outlook, By Technology (2018-2027) ($MN)
6 Global Passport Reader Market Outlook, By Radio-Frequency Identification (RFID) (2018-2027) ($MN)
7 Global Passport Reader Market Outlook, By Optical Character Recognition (OCR) (2018-2027) ($MN)
8 Global Passport Reader Market Outlook, By Barcode (2018-2027) ($MN)
9 Global Passport Reader Market Outlook, By Type (2018-2027) ($MN)
10 Global Passport Reader Market Outlook, By Swipe Readers (2018-2027) ($MN)
11 Global Passport Reader Market Outlook, By Self Service Kiosk (2018-2027) ($MN)
12 Global Passport Reader Market Outlook, By Half-Page Reader (2018-2027) ($MN)
13 Global Passport Reader Market Outlook, By Compact Full Page Reader (2018-2027) ($MN)
14 Global Passport Reader Market Outlook, By Portable Readers (2018-2027) ($MN)
15 Global Passport Reader Market Outlook, By Sector (2018-2027) ($MN)
16 Global Passport Reader Market Outlook, By Public (2018-2027) ($MN)
17 Global Passport Reader Market Outlook, By Private (2018-2027) ($MN)
18 Global Passport Reader Market Outlook, By Government (2018-2027) ($MN)
19 Global Passport Reader Market Outlook, By Document Format (2018-2027) ($MN)
20 Global Passport Reader Market Outlook, By ID-1 Format (2018-2027) ($MN)
21 Global Passport Reader Market Outlook, By ID-2 Format (2018-2027) ($MN)
22 Global Passport Reader Market Outlook, By ID-3 Format (2018-2027) ($MN)
23 Global Passport Reader Market Outlook, By Application (2018-2027) ($MN)
24 Global Passport Reader Market Outlook, By Border Control (2018-2027) ($MN)
25 Global Passport Reader Market Outlook, By Airport Security (2018-2027) ($MN)
26 Global Passport Reader Market Outlook, By End User (2018-2027) ($MN)
27 Global Passport Reader Market Outlook, By Travel Agencies (2018-2027) ($MN)
28 Global Passport Reader Market Outlook, By Banks (2018-2027) ($MN)
29 Global Passport Reader Market Outlook, By Rental Car Companies (2018-2027) ($MN)
30 Global Passport Reader Market Outlook, By Police (2018-2027) ($MN)
31 Global Passport Reader Market Outlook, By Immigration Services (2018-2027) ($MN)
32 Global Passport Reader Market Outlook, By Hotels & Casinos (2018-2027) ($MN)
33 Global Passport Reader Market Outlook, By Train/ Bus Terminals (2018-2027) ($MN)
34 Global Passport Reader Market Outlook, By Corporates (Employee Vetting) (2018-2027) ($MN)
35 Global Passport Reader Market Outlook, By Border Control Applications & Social Security (2018-2027) ($MN)
36 Global Passport Reader Market Outlook, By Passport Issuing & VISA application (2018-2027) ($MN)
37 Global Passport Reader Market Outlook, By Harbours and Airports (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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