About Passport Reader
A passport reader is a machine or device used to capture, scan or read the essential information in the passport. The device captures the image and forwards the information to the connected computer system which further verifies the data. The passport reader reduces the waiting time and provides efficiency and productivity in airport operations. The device consists of electronic components like RFID, optical scanners, and other components.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gemalto (Thales Group) (Netherlands), 3M (United States), ARH Inc. (United States), DESKO (Germany), Adaptive Recognition Inc. (Hungary), Sinosecu (China), Wintone Science & Technology Co. Ltd., (China), IER Inc (United States) and Lintech Enterprises Limited (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Passport Reader market by Type (Compact Full Page Reader, Self Service Kiosk and Swipe Readers), Application (Airport Security and Border Control) and Region.
On the basis of geography, the market of Passport Reader has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. RFID will boost the Passport Reader market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Passport Reader market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of the Advanced Technological Features in Passport Reader
Market Growth Drivers:
Growing Airport Traffic and Air Travel and Demand for the Efficient Data Point Extraction with Mobile Passport Scanning and Verification
Challenges:
Technological Problem with the Desktop Connectivity Supportability
Restraints:
Stringent Regulatory Guidelines on the Usage of Passport Reader
Opportunities:
Surging Demand for the Passport Reader from Developing Economies of the World
On 8th December 2020, Adaptive Recognition launched its brand new passport reader device, named Osmond. The result of several year-long development processes is acknowledged by the manufacturer. Osmond is a compact full-page e-passport reader device, designed for OCR data extraction and automated document verification. In fact, it’s not only another ID scanner unit – but almost like a new bridge between 1st line authentication and thorough 2nd line checks.
Key Target Audience
Passport Reader Manufacturers, Passport Reader International Traders, Passport Reader Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.