CAGR Value:
Mobile Document Reader Market size was valued at
US$ 623.4 million in 2024 and is projected to reach US$ 1.23 billion by 2032, at a CAGR of 8.8% during the forecast period 2025-2032
Report Studies
• The global Mobile Document Reader Market size was valued at US$ 623.4 million in 2024 and is projected to reach US$ 1.23 billion by 2032, at a CAGR of 8.8% during the forecast period 2025-2032.
• Mobile document readers are portable devices or software applications designed to scan, authenticate, and process identity documents such as passports, driver’s licenses, and ID cards. These solutions incorporate advanced technologies including OCR (Optical Character Recognition), RFID (Radio Frequency Identification), and biometric verification to enhance security and streamline identity verification processes across multiple industries.
• Thales Group (France)
• IDEMIA (France)
• Veridos (G&D) (Germany)
• ARH Inc. (Hungary)
• Access IS (UK)
• Regula Baltija (Latvia)
By Type:
• The market is segmented based on type into:
• ID Readers
• Passport Readers
By Application:
• The market is segmented based on application into:
• Airlines and Airports
• Security and Government
• Hotels and Travel Agencies
• Banks
• Train and Bus Terminals
• Others
