Asia Pacific Passport Reader Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis By Technology (RFID, Barcode, and OCR), Type (Swipe Readers, Self-service Kiosks, Compact Full-page Readers, and Portable Readers), Application (Airport Security, Border Control, and Others), and Sector (Public and Private)


No. of Pages: 145    |    Report Code: TIPRE00012180    |    Category: Electronics and Semiconductor

Asia Pacific Passport Reader Market
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The Asia Pacific passport reader market is expected to grow from US$ 58.35 million in 2022 to US$ 94.40 million by 2028; it is estimated to grow at a CAGR of 8.3% from 2022 to 2028.

Usage of Mobile Passport Scanners

Border control requirements are exceptionally diverse, with certain borders fixed in airports or posts on roads, and several border control measures take place in a mobile manner on ships, trains or by monitoring pedestrians. It outstretched the requisite for an integrated portable reader capable of completing all measures of immigration procedures, such as reading varied ID documents, obtaining biometrics, and connecting to remote databases. Additionally, passport checks are an essential security measure for several businesses and institutions. In some instances, a passport is the most appropriate document to collect necessary customer information. Also, in some cases, passports are mandatory by law, and the collected data must be shared with local authorities. As manual checking of passports is a tedious task in some businesses, they prefer using dedicated passport readers. In such cases, mobile passport scanning integrated with Mobile optical character recognition (OCR) is an ideal alternative. Thus, use of mobile passport scanners is emerging as a trend for the passport reader market growth.

 

Asia Pacific Passport Reader

Market Overview

 

Asia Pacific also constitutes several countries attracting a notable volume of international air passengers as tourists, students, business professionals, and others. However, the region includes a few fast-growing economic powerhouses, such as China and India, which are propelling the demand for numerous airport-related security products and services, including the demand for passport readers as the two nations continue to pursue improvement of their airport infrastructure. In addition, China’s continuous investment into its ambitious project of developing multiple national road networks, such as China-Pakistan Economic Corridor (CPEC), is also anticipated to fuel the demand for passport readers among several other security and validation-based products and services across its considerably large road network spanning numerous countries.

 

Asia Pacific 

Passport Reader

Market Revenue and Forecast to 2028 (US$ Million)

 

Asia Pacific Passport Reader Market Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific Passport Reader Strategic Insights

Strategic insights for the Asia Pacific Passport Reader provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Passport Reader Report Scope

Report Attribute Details
Market size in 2022 US$ 58.35 Million
Market Size by 2028 US$ 94.40 Million
Global CAGR (2022 - 2028) 8.3%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Technology
  • RFID
  • Barcode
  • OCR
By Type
  • Swipe Readers
  • Self-service Kiosks
  • Compact Full-page Readers
  • Portable Readers
By Application
  • Airport Security
  • Border Control
By Sector
  • Public
  • Private
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Adaptive Recognition Hungary, Inc.
  • Thales Group
  • Access Ltd
  • Beijing Wintone Science & Technology Co. Ltd
  • Desko GmbH
  • IER SAS
  • Shenzhen Rakinda Technologies Co., Ltd.
  • Regula
  • Veridos GMBH
  • Lintech Enterprises Limited
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    Asia Pacific Passport Reader Regional Insights

    The geographic scope of the Asia Pacific Passport Reader refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Asia Pacific

    Passport Reader

    Market Segmentation

     

    The Asia Pacific passport reader market is segmented based on technology, type, application, sector, and country. Based on technology, the Asia Pacific passport reader market is segmented into RFID, barcode, and OCR. The RFID cylinders segment held the largest market share in 2022.

     

    Based on type, the Asia Pacific passport reader market is segmented into swipe readers, self-service kiosks, compact full-page readers, and portable readers. The compact full-page readers segment held the largest market share in 2022.

     

    Based on application, the Asia Pacific passport reader market is segmented into airport security, border control, and others. The airport security segment held the largest market share in 2022.

     

    Based on sector, the Asia Pacific passport reader market is bifurcated into private and public. The public segment held a larger market share in 2022.

     

    Based on country, the Asia Pacific passport reader market is segmented into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2022.

     

    Adaptive Recognition Hungary, Inc.; Thales Group; Access Ltd; Beijing Wintone Science & Technology Co. Ltd; Desko GmbH; IER SAS; Shenzhen Rakinda Technologies Co., Ltd.; Regula; Veridos GMBH; and Lintech Enterprises Limited are the leading companies operating in the Asia Pacific passport reader market.

    The List of Companies - Asia Pacific Passport Reader Market

    1. Adaptive Recognition Hungary, Inc.
    2. Thales Group
    3. Access Ltd
    4. Beijing Wintone Science & Technology Co. Ltd
    5. Desko GmbH
    6. IER SAS
    7. Shenzhen Rakinda Technologies Co., Ltd.
    8. Regula
    9. Veridos GMBH
    10. Lintech Enterprises Limited
    Frequently Asked Questions
    How big is the Asia Pacific Passport Reader Market?

    The Asia Pacific Passport Reader Market is valued at US$ 58.35 Million in 2022, it is projected to reach US$ 94.40 Million by 2028.

    What is the CAGR for Asia Pacific Passport Reader Market by (2022 - 2028)?

    As per our report Asia Pacific Passport Reader Market, the market size is valued at US$ 58.35 Million in 2022, projecting it to reach US$ 94.40 Million by 2028. This translates to a CAGR of approximately 8.3% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Passport Reader Market report typically cover these key segments-

    • Technology (RFID, Barcode, OCR)
    • Type (Swipe Readers, Self-service Kiosks, Compact Full-page Readers, Portable Readers)
    • Application (Airport Security, Border Control)
    • Sector (Public, Private)

    What is the historic period, base year, and forecast period taken for Asia Pacific Passport Reader Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Passport Reader Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Asia Pacific Passport Reader Market?

    The Asia Pacific Passport Reader Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Adaptive Recognition Hungary, Inc.
  • Thales Group
  • Access Ltd
  • Beijing Wintone Science & Technology Co. Ltd
  • Desko GmbH
  • IER SAS
  • Shenzhen Rakinda Technologies Co., Ltd.
  • Regula
  • Veridos GMBH
  • Lintech Enterprises Limited
  • Who should buy this report?

    The Asia Pacific Passport Reader Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Passport Reader Market value chain can benefit from the information contained in a comprehensive market report.

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