The Latin America, Middle East and Africa Passport Reader Market would witness market growth of 13.8% CAGR during the forecast period (2022-2028).
PA is designed to detect tampering with passport chip data. The chip has a Document Security Object (SOD) file that holds the hash values and digital signatures of all files saved on the chip (image, fingerprint, etc.). Using a document signing key that has been signed by a nation signing key, a digital signature is generated.
If a file on the chip (such as the image) is altered, this may be discovered since the hash value is no longer valid. Readers must have access to all utilized public country keys to determine if the digital signature was created by a trustworthy nation. Using PA is required.
According to a Central Intelligence Agency report from September 2011 that was published by WikiLeaks in December 2014, "Inspectors may not discover e-passport fraud if the passports are from nations that do not join in the International Civil Aviation Organization's Public Key Directory" As of January 2017, 55 of over 60 nations that issue electronic passports participate in the PKD initiative.
Within two and a half decades, Dubai grew to become the most important and popular tourist destination. The city has exceeded the vast majority of other historically busy tourist destinations. Nevertheless, Dubai is renowned for its naturally occurring structures that attract tourists, such as the Burj Khalifa and Burj Al Arab, which are acknowledged as the most tourist-attracting structures.
The Brazil market dominated the LAMEA Passport Reader Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9,351.1 Thousands by 2028. The Argentina market is experiencing a CAGR of 14.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 13.5% during (2022 - 2028).
Based on Technology, the market is segmented into RFID, Barcode, and OCR. Based on Type, the market is segmented into Swipe Readers, Self-Service Kiosk, Compact Full-Page Reader, and Others. Based on Application, the market is segmented into Airport Security, Border Control, and Others. Based on Sector, the market is segmented into Public and Private. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Passport Reader Market is Predict to reach $426.5 Million by 2028, at a CAGR of 10.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Gemalto NV (Thales Group S.A), Adaptive Recognition Inc., 3M Company, IER Group, The Acces Group, Beijing Wintone Science & Technology Co. Ltd., DESKO GmbH, IDAC Solutions Pvt. Ltd India, and Regula Forencics.
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