Asia Pacific Passport Reader Market 2027 - COVID-19 Impact and Regional Analysis By Type, Application and Country
The Asia-Pacific passport reader market was valued at US$ 57.07 million in 2019 and is projected to reach US$ 116.77 million by 2027; it is expected to grow at a CAGR of 9.8% from 2020 to 2027.
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Passport readers play a significant role in verifying the authenticity of the documents, thereby helping to control the flow of illegal immigration.The rise in number of immigrants is drives the passport reader market in Asia-Pacific. There has been increase in the deployment of passport readers at airports, car rental service stations, and hotels, among others, in Asia-Pacific. These devices help reduce waiting time, and users are benefited by offering self-service kiosks for passengers to self-verify. Several countries globally are planning to issue e-passports owing to the advanced security features. For instance, in 2019, the Indian government proposed the development of the e-passport arrangements. These passports create highly secure and interoperable infrastructure for traveling across the world. The rising use of e-passports is expected to propel the demand for passport readers in Asia-Pacific.