Middle East & Africa 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: 129    |    Report Code: BMIRE00028139    |    Category: Electronics and Semiconductor

Middle East & Africa Passport Reader Market
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The Middle East & Africa passport reader market is expected to grow from US$ 27.74 million in 2022 to US$ 37.17 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2022 to 2028.

Increasing Amount of Outbound Tourists

 

The international tourism industry is growing at an exponential rate. According to the World Tourism Organization (UNTWO), there were ~1.4 billion international tourist arrivals worldwide, signifying an increase of 6% from 2017. Also, it was worth ~US$ 1.7 trillion, i.e., ~2% of the total world GDP. Further, in 2019, all the regions worldwide witnessed an increase in their international arrivals.

After the COVID-19 crisis, there is a significant setback for tourism development as the number of outbound trips are increasing as borders reopened. According to the World Tourism Organization, international tourism showed arrivals reaching 62% of pre-pandemic levels in the first nine months of 2022. Between January and September 2022, 700 million tourists traveled internationally, which is more than double the number recorded in the same period of 2021.

 With the rising number of international tourists, airports worldwide are deploying an additional level of security and expanding the number of gates to handle air passenger traffic, and companies engaged in providing passport readers are coming up with new advanced products. Thus, an increase in international tourists across the region is boosting the demand for passport readers at airports.

 

Market Overview

 

The Middle East & Africa constitute countries with varying economic backgrounds such as developed and developing nations across its regions resulting in robust economic activities having positive impact on the growth of the market in the region. For instance, the emergence of international tourism in Saudi Arabia and the UAE has significantly witnessed a major surge in volume of tourists being attracted to the countries upon emphasis by the respective governments. As a result, the countries have witnessed a traction for seamless and efficient verification process through passport across airports, hotels, cross border checkpoints, and government organizations. The substantial rise in number of immigrant flow to the region from the Asian region and the demand for minimizing the flow of illegal migrants have further fueled to the demand for passport readers across numerous public and private sectors over the years across numerous Gulf countries.

 

Middle East & Africa Passport Reader

Market

Revenue and Forecast to 2028 (US$ Million)

 

Middle East & Africa Passport Reader Market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Passport Reader Strategic Insights

Strategic insights for the Middle East & Africa 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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Middle East & Africa Passport Reader Report Scope

Report Attribute Details
Market size in 2022 US$ 27.74 Million
Market Size by 2028 US$ 37.17 Million
Global CAGR (2022 - 2028) 5.0%
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 Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Adaptive Recognition Hungary, Inc.
  • Thales Group
  • Access Ltd
  • Beijing Wintone Science & Technology Co. Ltd
  • Shenzhen Rakinda Technologies Co., Ltd.
  • Regula
  • Veridos GMBH
  • Lintech Enterprises Limited
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    Middle East & Africa Passport Reader Regional Insights

    The geographic scope of the Middle East & Africa 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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    Middle East & Africa Passport Reader

    Market

    Segmentation

     

    The Middle East & Africa passport reader market is segmented based on technology, type, application, sector, and country. Based on technology, the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa passport reader market is bifurcated into private and public. The public segment held a larger market share in 2022.

     

    Based on country, the Middle East & Africa passport reader market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The UAE dominated the market share in 2022.

     

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

    The List of Companies - Middle East & Africa Passport Reader Market

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

    The Middle East & Africa Passport Reader Market is valued at US$ 27.74 Million in 2022, it is projected to reach US$ 37.17 Million by 2028.

    What is the CAGR for Middle East & Africa Passport Reader Market by (2022 - 2028)?

    As per our report Middle East & Africa Passport Reader Market, the market size is valued at US$ 27.74 Million in 2022, projecting it to reach US$ 37.17 Million by 2028. This translates to a CAGR of approximately 5.0% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa 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 Middle East & Africa Passport Reader Market?

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

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Middle East & Africa Passport Reader Market?

    The Middle East & Africa 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
  • Shenzhen Rakinda Technologies Co., Ltd.
  • Regula
  • Veridos GMBH
  • Lintech Enterprises Limited
  • Who should buy this report?

    The Middle East & Africa 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 Middle East & Africa Passport Reader Market value chain can benefit from the information contained in a comprehensive market report.

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