Press release
What's driving the ePassport Market Growth? Gemalto N.V., HID Global Corporation, 4G Identity Solutions Private Limited, IDEMIA
The number of ePassports closed in on approximately 263,966 thousand units in 2018, and will record 19% Y-o-Y growth in 2019, according to a new study of Future Market Insights (FMI). Prospects of the ePassport market are influenced by a plethora of factors, ranging from protocols implemented by regulatory bodies such as ICAO, ACI, and IATA to improve border security, to smart airport initiatives such as biometrics.The local data structure (LDS) format, traditionally employed in ePassports, have been witnessing changes recently. With the International Civil Aviation Organization (ICAO) working on new version of LDS, called LDS2, which will retain the backward compatibility while incorporating read-write function. This will further extend the functionality of ePassport with applications that enable storage of travel data, including travel stamps and Visas, coupled with other information that include special programs or advanced biometrics for special passengers.
Request to View Sample of Research Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8987
The roadmap for LDS2 has birthed new concepts apropos of use and collection of passenger information, which in turn is expected to have far-reaching implications for the airports. With refugee crisis and rise in international terrorism, demand for counterfeit and stolen passports has been on the rise, which has led governments and airlines to better their security systems. Advent of ePassport alludes a future with more data transmission capability to a tamper-resistant and secure integrated circuit (IC), thereby revolutionizing airport security and reducing waiting times in long queues.
RFID Remains Preferred Technology while Biometrics Gain Marked Significance
According to the study, RFID technology has witnessed widespread adoption in ePassport generation, with global sales estimated at over 207,396 thousand units in 2018. New applications of RFID for ePassport have been introduced, however considerable privacy and security risks have been identified recently. This has led to the incorporation of multistage authentication for verification of ePassports, resulting in the adoption of biometrics in combination with RFID to reduce identity theft and fraud, while aiding governments in furthering their border security.
Omnipresence of biometric technology continues to enable thorough, yet time-effective screenings with the aid of chip readers, which is particularly pervasive in commercialized settings such as the hospitality industry. As biometric technology becomes vital for national security, converging digital and physical identities via ePassports is viewed as commendable solution for improved efficacy and accuracy of border security. The study estimates the number of ePassports integrated with the biometric technology to register Y-o-Y growth at more than 18% in 2019 over 2018.
ePassport Market Players Eyeing Long-term Contracts with Governments
According to the study, companies operating in the ePassports market have been taking efforts to submit tenders and acquire supply contracts for ePassport developments and deployments. The multi-year service contract of Gemalto N.V. for British passports is a prime example of such instances. Key players in the ePassport market have been concentrating on the development & deployment of highly-encrypted ePassports, as new-generation passports witnessed increased incorporation by using PACE and SAC.
Need more information about Report methodology @ https://www.futuremarketinsights.com/askus/rep-gb-8987
Lack of infrastructure developments and relatively expensive nature of ePassports remain key growth impediments for their market growth. ePassport penetration is currently limited to developed markets, and several developing economies are yet to introduce the biometric and electronic variants, particularly held back by lack of capital and technological know-how.
The study estimates Europe to lead the ePassport market in 2019, with East Asia following the suit. The market in East Asia is further projected by the study to outgrow all the other regional markets in the near future, with efforts of countries to improve their border security by introducing technologically advanced features in their passports.
Ask for regional data for the ePassport market: https://www.futuremarketinsights.com/ask-country-specific/rep-gb-8987
Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/
About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the ePassport Market Growth? Gemalto N.V., HID Global Corporation, 4G Identity Solutions Private Limited, IDEMIA here
News-ID: 1795456 • Views: …
More Releases from Future Market Insights
Japan Caramel Food Colors Industry Outlook to 2036: Strategic Insights for R&D, …
The Japanese caramel food colors market is on a steady growth trajectory, with demand projected to rise from USD 11.2 million in 2025 to USD 28.4 million by 2035, registering a CAGR of 9.8%. The initial phase of the forecast period (2025-2030) anticipates a steady increase in demand, reaching approximately USD 17.8 million by 2030, driven by the expanding use of caramel colors across confectionery, dairy, and baked goods.
The market's…
Comprehensive Analysis of the Japan Butter Flavor Market: Technology Evolution, …
The demand for butter flavor in Japan is projected to rise from USD 16.1 million in 2025 to USD 29.4 million by 2035, reflecting a steady compound annual growth rate (CAGR) of 6.2%. This growth is underpinned by increasing adoption across bakery products, confectionery items, and dairy-based preparations, as manufacturers seek to enhance taste experiences and deliver authentic dairy character in a wide range of food offerings.
The Japanese bakery and…
Japan Casein Peptone Market Deep-Dive 2026-2036: Strategic Forecasts, Market Ent …
The demand for casein peptone in Japan is projected to grow steadily, reaching USD 27.1 million by 2035, up from USD 20.6 million in 2025, reflecting a compound annual growth rate (CAGR) of 2.8%. During the early forecast period (2025-2030), demand is expected to rise from USD 20.6 million to approximately USD 23.6 million, supported by its widespread applications in biotechnology, pharmaceuticals, and food industries. Casein peptone continues to play…
Global Boride Powder Market Size, Share & Forecast: High-Growth Segments, Value …
The global boride powder market is valued at USD 19.7 billion in 2025 and is projected to reach USD 32.2 billion by 2035, advancing at a steady 5.0% CAGR over the forecast period. This upward trajectory reflects increasing adoption of boride-based compounds in aerospace technology, high-temperature processing environments, and advanced coating applications, where exceptional thermal stability, corrosion resistance, and mechanical strength are essential for operational performance and product reliability.
Key Market…
More Releases for LDS
Global Polycarbonate Resin for LDS Market Outlook Report 2025
Global Info Research announces the release of the report "Global Polycarbonate Resin for LDS Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report provides a detailed overview of the Polycarbonate Resin for LDS market scenario, including a thorough analysis of the Polycarbonate Resin for LDS market size, sales quantity, average price, revenue, gross margin and market share.The Polycarbonate Resin for LDS report provides an in-depth analysis…
Laser Direct Structuring (LDS) Antenna Market Size 2024 to 2031.
Market Overview and Report Coverage
Laser Direct Structuring (LDS) Antenna is a technology that enables the design and manufacturing of antennas directly onto 3D molded plastic parts, providing innovative solutions for the integration of antennas in various electronic devices. The market for LDS antennas is expected to see significant growth in the coming years, with a projected CAGR of 10.20% during the forecasted period.
The current outlook for the LDS…
Laser Direct Structuring (LDS) Equipment Market | Amphenol, EOS, Foxconn, Galtro …
The global laser direct structuring (lds) equipment market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the laser direct structuring (lds) equipment market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the…
Global LDS Antenna Market to Witness a Pronounce Growth During 2025
LP INFORMATION recently released a research report on the LDS Antenna market analysis, which studies the LDS Antenna's industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global “LDS Antenna Market 2020-2025” Research Report categorizes the global LDS Antenna market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth…
LDS Antenna Market to Record Study Growth, Geography Trends & Forecasts by 2025
Get free sample at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1696586
This report presents the worldwide LDS Antenna market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The LDS Antenna market was valued at Million US$…
Newport Introduces CONEX-LDS - Ultra Compact, High-Precision Electronic Autocoll …
• New integrated controller features angular measurement sensitivity of 0.01 µrad
Newport Corporation, a worldwide leader in laser and photonic solutions that Make, Manage and Measure Light®, introduces CONEX-LDS, an ultra-compact, high-precision electronic autocollimator. The small and versatile controller is integrated into the optical head of the autocollimator, occupying only 4 in. x 1.5 in. x 1.5 in. (volume). Newport's new instrument will replace the legacy LDS1000 to offer the…
