Passport Reader Market Size To Reach $791.8 Million By 2030

Passport Reader Market Growth & Trends

The global passport reader market size is estimated to reach USD 791.8 million by 2030, growing at a CAGR of 14.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of e-passports and need for authentication of passports at airport points, border control facilities, and immigration points are expected to drive the growth of the market. The increasing number of air passengers is expected to subsequently trigger the building of new airports, especially in developing economies across the world. The governments of various countries are investing heavily in construction of airports and this is expected to increase the demand for passport readers over the forecast period.

Furthermore, increasing adoption of new technologies such as Optical Character Recognition (OCR) enables saving the time required for airport staff to manually enter the data of passengers in the systems. The use of RFID technology has increased owing to the demand from industries & sectors such as transport, retail, medical, and defense. The continuous advances in biometric technologies are further driving the demand for readers to strengthen security at airports and borders by reducing forgery.

North America dominated the global passport reader market in 2023 and is projected to continue to dominate over the forecast period owing to the rapid and early adoption of advanced technologies such as multi-row OCR reader for machine-readable passports. Asia Pacific is expected to register the highest CAGR owing to the increasing production of readers in countries such as India and China. Countries such as the U.S., Australia, and Germany are estimated to generate considerable revenue over the forecast period.

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Passport Reader Market Report Highlights

• Increasing number of airports and the rising number of immigrants is propelling the demand for passport readers at airport check-in points and border security

• The airport security segment dominated the market in terms of revenue in 2023 owing to the growing threats of terrorism and other criminal activities

• The self-service kiosk segment is expected to register the highest growth rate over the forecast period owing to benefits such as reduced waiting time for passengers

•  The public sector dominated the market in 2023 owing to the increasing demand for passport readers from airport check-in points, aviation security points, and so on

• North America accounted for the largest market share in 2023 owing to the increasing use of e-passports in the region

• Asia Pacific region is expected to register the highest CAGR over the forecast period owing to the presence of leading manufacturers such as Shenzhen HCC Technology Co., Ltd.

Passport Reader Market Segmentation

Grand View Research has segmented the global passport reader market report based on technology, type, application, sector, and region:

Passport Reader Technology Outlook (Revenue, USD Million, 2018 - 2030)

• RFID

• Barcode

• OCR

Passport Reader Type Outlook (Revenue, USD Million, 2018 - 2030)

• Swipe Readers

• Self-Service Kiosk

• Compact Full-Page Reader

• Others

Passport Reader Application Outlook (Revenue, USD Million, 2018 - 2030)

• Airport Security

• Border Control

• Others

Passport Reader Sector Outlook (Revenue, USD Million, 2018 - 2030)

• Public

• Private

Passport Reader Regional Outlook (Revenue, USD Million, 2018 - 2030) 

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in Passport Reader Market

• 3M

• Access-IS Ltd. (part of HID Global)

• Adaptive Recognition Inc.

• Cognitec Systems GmbH

• DESKO GmbH

• Gemalto N.V. (part of Thales Group)

• HID Global Corporation

• IER SAS

• Regula Ltd.

• Zetes Industries S.A. (part of Panasonic)