The Europe passport reader market was valued at US$ 39.40 million in 2019 and is projected to reach US$ 71.82 million by 2027; it is expected to grow at a CAGR of 8.2% from 2020 to 2027.
The optical character recognition (OCR) is used for the alteration of images of typed or printed text from a photo of a document, scanned document, or scene-photointo machine-encoded text, and such technological upgrades are also likely to increase the demand for a passport readers in Europe.
At airports, passport readersare needed to shorten operational time and check-in queuesas well as for the error-free recording of information; these benefits drive the Europe passport reader market growth.The necessity to authenticate passports at airport check-in points, border security, immigration points, and hotels is also likely to boost themarket growth during the forecast period. The rise in the extent of cross-border travel and increase in terrorism activities are further boosting the sales of passport readers in this region.
The overall Europe passport reader marketsize has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the passport reader marketwith respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe Passport reader market.Thales Group and Access Ltd, among others, are the key players serving the passport reader market in Europe.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Passport Reader Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
5. Passport Reader Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in International Tourism Industry
5.1.2 Rise in Number of Global Air Passengers
5.1.3 Rise in Number of Immigrants
5.2 Market Restraints
5.2.1 Implementing facial recognition technology for passport verification
5.3 Market Opportunities
5.3.1 Rise in Passport Forgery
5.4 Future Trends
5.4.1 Integration of , mobile passport scanning integrated with Mobile OCR
5.5 Impact Analysis of Drivers and Restraints
6. Passport Reader - Europe Market Analysis
6.1 Passport Reader Market Overview
6.2 Passport Reader Market - Revenue, and Forecast to 2027 (USD Million)
7. Passport Reader Market Analysis - By Technology
7.1.1 Overview
7.1.2 Passport Reader Market Breakdown, by Technology, 2019 & 2027
7.2 RFID
7.2.1 Overview
7.2.2 RFID: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
7.3 Barcode
7.3.1 Overview
7.3.2 Barcode: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Optical Character Recognition (OCR)
7.4.1 Overview
7.4.2 Optical Character Recognition (OCR): Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
8. Passport Reader Market Analysis - By Type
8.1 Overview
8.2 Passport Reader Market Breakdown, by Type, 2019 & 2027
8.3 Swipe Readers
8.3.1 Overview
8.3.2 Swipe Readers: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Self-Service Kiosks
8.4.1 Overview
8.4.2 Self-Service Kiosks: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Compact Full-Page Readers
8.5.1 Overview
8.5.2 Compact Full-Page Readers: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Portable Readers
8.6.1 Overview
8.6.2 Portable Readers: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
9. Passport Reader Market Analysis - By Application
9.1 Overview
9.2 Passport Reader Market Breakdown, by Application, 2019 & 2027
9.3 Airport Security
9.3.1 Overview
9.3.2 Airport Security: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
9.4 Border Control
9.4.1 Overview
9.4.2 Border Control: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million).
9.5 Other Applications
9.5.1 Overview
9.5.2 Other Applications: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
10. Passport Reader Market Analysis - By Sector
10.1 Overview
10.2 Passport Reader Market Breakdown, by Sector, 2019 & 2027
10.3 Public Sector
10.3.1 Overview
10.3.2 Public Sector: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
10.4 Private Sector
10.4.1 Overview
10.4.2 Private Sector: Passport Reader Market - Revenue and Forecast to 2027 (US$ Million)
11. Passport Reader Market - Country Analysis
11.1 Europe: Passport Reader Market
11.1.1 Europe: Passport Reader Market, by Key Country
11.1.1.1 UK: Passport Reader Market - Revenue, and Forecast to 2027 (USD Million)
11.1.1.1.1 UK: Passport Reader Market, by Technology
11.1.1.1.2 UK: Passport Reader Market, by Type
11.1.1.1.3 UK: Passport Reader Market, by Application
11.1.1.1.4 UK: Passport Reader Market, by Sector
11.1.1.2 Germany: Passport Reader Market - Revenue, and Forecast to 2027 (USD Million)
11.1.1.2.1 Germany: Passport Reader Market, by Technology
11.1.1.2.2 Germany: Passport Reader Market, by Type
11.1.1.2.3 Germany: Passport Reader Market, by Application
11.1.1.2.4 Germany: Passport Reader Market, by Sector
11.1.1.3 France: Passport Reader Market - Revenue, and Forecast to 2027 (USD Million)
11.1.1.3.1 France: Passport Reader Market, by Technology
11.1.1.3.2 France: Passport Reader Market, by Type
11.1.1.3.3 France: Passport Reader Market, by Application
11.1.1.3.4 France: Passport Reader Market, by Sector
11.1.1.4 Italy: Passport Reader Market - Revenue, and Forecast to 2027 (USD Million)
11.1.1.4.1 Italy: Passport Reader Market, by Technology
11.1.1.4.2 Italy: Passport Reader Market, by Type
11.1.1.4.3 Italy: Passport Reader Market, by Application
11.1.1.4.4 Italy: Passport Reader Market, by Sector
11.1.1.5 Russia: Passport Reader Market - Revenue, and Forecast to 2027 (USD Million)
11.1.1.5.1 Russia: Passport Reader Market, by Technology
11.1.1.5.2 Russia: Passport Reader Market, by Type
11.1.1.5.3 Russia: Passport Reader Market, by Application
11.1.1.5.4 Russia: Passport Reader Market, by Sector
11.1.1.6 Rest of Europe: Passport Reader Market - Revenue, and Forecast to 2027 (USD Million)
11.1.1.6.1 Rest of Europe: Passport Reader Market, by Technology
11.1.1.6.2 Rest of Europe: Passport Reader Market, by Type
11.1.1.6.3 Rest of Europe: Passport Reader Market, by Application
11.1.1.6.4 Rest of Europe: Passport Reader Market, by Sector
12. Impact of COVID-19 Pandemic on Europe Passport Reader Market
12.1 Overview
12.1.1 Europe
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 Adaptive Recognition Hungary, Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Thales Group
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Access Ltd
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 DESKO GmbH
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Regula
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About
15.2 Word Index
LIST OF TABLES
Table 1. Passport Reader Market - Revenue, and Forecast to 2027 (USD Million)
Table 2. Europe Passport Reader Market, by Technology - Revenue and Forecast to 2027 (USD Million)
Table 3. Europe Passport Reader Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 4. Europe Passport Reader Market, by Application - Revenue and Forecast to 2027 (USD Million)
Table 5. Europe Passport Reader Market, by Sector - Revenue and Forecast to 2027 (USD Million)
Table 6. UK Passport Reader Market, by Technology - Revenue and Forecast to 2027 (USD Million)
Table 7. UK Passport Reader Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 8. UK: Passport Reader Market, by Application - Revenue and Forecast to 2027 (USD Million)
Table 9. UK: Passport Reader Market, by Sector - Revenue and Forecast to 2027 (USD Million)
Table 10. Germany: Passport Reader Market, by Technology - Revenue and Forecast to 2027 (USD Million)
Table 11. Germany: Passport Reader Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 12. Germany: Passport Reader Market, by Application - Revenue and Forecast to 2027 (USD Million)
Table 13. Germany: Passport Reader Market, by Sector - Revenue and Forecast to 2027 (USD Million)
Table 14. France: Passport Reader Market, by Technology - Revenue and Forecast to 2027 (USD Million)
Table 15. France: Passport Reader Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 16. France: Passport Reader Market, by Application - Revenue and Forecast to 2027 (USD Million)
Table 17. France: Passport Reader Market, by Sector - Revenue and Forecast to 2027 (USD Million)
Table 18. Italy: Passport Reader Market, by Technology - Revenue and Forecast to 2027 (USD Million)
Table 19. Italy: Passport Reader Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 20. Italy: Passport Reader Market, by Application - Revenue and Forecast to 2027 (USD Million)
Table 21. Italy: Passport Reader Market, by Sector - Revenue and Forecast to 2027 (USD Million)
Table 22. Russia: Passport Reader Market, by Technology - Revenue and Forecast to 2027 (USD Million)
Table 23. Russia: Passport Reader Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 24. Russia: Passport Reader Market, by Application - Revenue and Forecast to 2027 (USD Million)
Table 25. Russia: Passport Reader Market, by Sector - Revenue and Forecast to 2027 (USD Million)
Table 26. Rest of Europe: Passport Reader Market, by Technology - Revenue and Forecast to 2027 (USD Million)
Table 27. Rest of Europe: Passport Reader Market, by Type - Revenue and Forecast to 2027 (USD Million)
Table 28. Rest of Europe: Passport Reader Market, by Application - Revenue and Forecast to 2027 (USD Million)
Table 29. Rest of Europe: Passport Reader Market, by Sector - Revenue and Forecast to 2027 (USD Million)
Table 30. List of Abbreviation
The List of Companies - Europe Passport Reader Market
1. Adaptive Recognition Hungary, Inc.
2. Thales Group
3. Access Ltd
4. DESKO GmbH