North America Passport Reader Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology (RFID, Barcode, and OCR), Type (Swipe Readers, Self-service Kiosks, Compact Full-page Readers, and Portable Readers), Application (Airport Securi

North America Passport Reader Market Forecast to 2028 – COVID-19 Impact and Regional 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)

The North America passport reader market is expected to grow from US$ 66.09 million in 2022 to US$ 93.52 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2022 to 2028 .

Surging Number of International Immigrants

International migration is on the rise, owing to factors such as economic pressures, changing age structures, population growth, rapid urbanization, and environmental stress. Economic factors attract migrants to wealthier countries, while poor conditions and crisis spur people to leave their home countries. Most migrants leave their home country voluntarily to pursue socioeconomic opportunities. There is a significant increase in the total number of international migrants worldwide. For instance, according to the UN’s Department of Economic and Social Affairs (DESA), the number of international immigrants globally accounted for 272 million in 2019, surpassing the growth rate of the global population.

Passport readers play a significant role in verifying the authenticity of the documents, thereby helping control the flow of illegal immigration. With the rising air travel, authorities are under pressure to manage queues. Hence, an increase in the number of international migrants is increasing the traffic at airports and the need for passport readers, thereby propelling the market growth.

North America Passport Reader Market Overview

To improve border security, the US Customs and Border Protection (CBP) requires international passenger information to be verified through the Advanced Passenger Information (API) system. The collected information of these international passengers is sent to the CBP for review before the flight arrival. Any violations in this process require returning at transfer points or destination by immigration authorities, which cost airlines a considerable amount of fines and associated costs. Thus, airlines are highly focused on proper passport and visa verification before the boarding of international passengers. In 2019, the US government announced its plans to deploy facial recognition technology across 20 key airports by 2021. This technology is being used on all international and domestic passengers.

North America Passport Reader Market Revenue and Forecast to 2028 (US$ Million)

North America Passport Reader Market Segmentation

The North America passport reader market is segmented on the basis of technology, type, application, sector, and country. Based on technology, the North America 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 North America 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 North America 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 North America passport reader market is bifurcated into private and public. The public segment held a larger market share in 2022.

Based on country, the North America passport reader market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.

Adaptive Recognition Hungary, Inc.; Thales Group; Access Ltd; Desko GmbH; IER SAS; Shenzhen Rakinda Technologies Co., Ltd.; Regula; Veridos GMBH; and Lintech Enterprises Limited are the leading companies operating in the North America passport reader market.

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