Passport Reader Market Scope, Analysis, and Trends by 2028
Passport Reader Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 219.9 Million |
Market Size by 2031 | US$ 368.2 Million |
Global CAGR (2023 - 2031) | 6.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Passport Reader Market News and Recent Developments
The passport reader market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the passport reader market are listed below:
- Beijing Wintone Science & Technology Co. Ltd. announced the launch of Ota's new passport reader device integrated with face recognition technology for the e-gate application. It can recognize any document in compliance with ICAO 9303.
(Source: Beijing Wintone Science & Technology Co. Ltd., October 2022)
- DESKO GmbH announced the launch of Ota's new PENTA Scanner 4X Cube. It is better, faster, and more efficient than the company's other scanners, which can scan all the documents needed.
(Source: DESKO GmbH, October 2022)
Passport Reader Market Report Coverage and Deliverables
The “Passport Reader Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Passport reader market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Passport reader market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Passport reader market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the passport reader market
- Detailed company profiles