Global E-passport and E-visa Market, Top key players are Oberthur Technologies, Cardlogic Ltd., Safran Identity And Security, The Infineon Technologies, 4G Identity Solutions, Ask, Eastcompeace, Iris, Datacard Group, Muhlbauer Group

Global E-passport and E-visa Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023

The global E-passport and E-visa market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

E-passport, also known as biometric passport, contains an electronic chip embedded in it. An e-visa or electronic visa is an online platform that enables an applicant to facilitate online application to obtain a visa. These are advanced forms of traditional documents introduced to enhance the security structure and restrict fraudulent cases, thereby increasing integration capabilities with high-tech airport infrastructure.

E-passports and e-visas operate on the contactless smart chip technology and are integrated with computer chip along with an embedded antenna. E-passports and e-visa are being used by the passengers traveling for both business and leisure purpose.

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The major factor responsible for the growth of the global e-passport and e-visa market is the introduction of e-passport and e-visa application and services to facilitate the reduction of identity issues arising during the processing and verification of documents at airports. This minimizes the processing time at immigration desks to get clearance and also allows the security personnel to focus on the surveillance of suspicious and high-risk travelers.

Travel data such as visas and travel stamps are physically entered into the document pages and visa and travel records must be manually checked. Recognizing this limitation, International Civil Aviation Organization’s (ICAO) New Technologies Working Group (NTWG) has assigned a sub-group to explore the policy and technical framework for the next generation of machine-readable passports.

Some of the key players operating in this market include Oberthur Technologies, Cardlogic Ltd., Safran Identity And Security, The Infineon Technologies, 4G Identity Solutions, Ask, Eastcompeace, Iris, Datacard Group, Muhlbauer Group, and others.

Scope of the Report:

This report studies the E-passport and E-visa market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the E-passport and E-visa market by product type and applications/end industries.

E-passports and E-visas are used to verify identity of a traveler through digital means with the use of unique identification number, digital signature, and others

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of E-passport and E-visa.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

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