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E-Passport And E-Visa Market Growing At A CAGR Of 6.6% From 2023 To 2030

03-12-2023 09:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Analytics Market Research

Global E-Passport And E-Visa Market

Global E-Passport And E-Visa Market

E-Passport And E-Visa Market size was valued at USD 25.20 Billion in 2022 and is projected to reach USD 42.00 Billion by 2030, growing at a CAGR of 6.6% from 2023 to 2030.

The global e-passport and e-visa market will grow as there is a greater demand for sophisticated verification techniques, better airport infrastructure, a decrease in identity fraud, and a rise in air traffic. The market is comprehensively evaluated in the study on the global e-passport and e-visa market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

E-passports, commonly referred to as biometric passports, have an implanted electronic chip. An electronic visa, often known as an e-visa, is a platform that allows applicants to submit visa applications electronically. These are modernised versions of conventional documents that were added to the system to tighten security, prevent fraud, and improve integration with airport infrastructure. E-passports and E-visas are used to verify a traveler's identity via digital methods, including the use of a digital signature and a unique identifying number. The global e-passport and e-visa market is driven by an increase in the demand for sophisticated verification methods, an increase in identity fraud cases, a supportive regulatory environment, the presence of cutting-edge airport infrastructure, and an increase in air traffic.

The significant growth of the global e-passport and e-visa market is due to a number of factors, such as the ease with which international travellers' documents are verified and processed at airports, the speed with which they can clear immigration, and the opportunity for airport security staff to focus their efforts on the investigation of suspicious travellers. The demand for multi-modal biometrics is rising along with the frequency of cyberattacks. Multi-modal biometrics also makes use of fingerprint, face and iris recognition, and other biometric identifiers. Multi-modal biometrics are thereby helping to overcome the inaccuracies of traditional biometrics and give an improved security layer.

The research E-passport and E-visa Market offers a competitive perspective on recent worldwide market changes, expected future growth, potential business opportunities, and planned investments. The report also recognises top companies and provides information about them, including their cost structure, marketing strategy, company biography, recent successes, business sales, product portfolio, and marketing approach. In order to give consumers more information about the competition, the report also includes a competition analysis on a variety of parameters, including direct competition, indirect competition, strengths and weaknesses of major competitors, prices, revenue, gross profit, interview recordings, business distribution, barriers to entry, and opportunities windows.

Download a Free Sample Copy of the Report: https://analyticsmarketresearch.com/sample-request/e-passport-and-e-visa-market/60541/

Global E-Passport and E-Visa Market: Segmentations

Global E-Passport and E-Visa Market: Major Players
Infineon Technologies
Oberthur Technologies
Safran Identity and Security
Eastcompeace
Muhlbauer Group
Iris
Ask
Datacard Group
Cardlogic

Global E-Passport and E-Visa Market: By Types
E-passport Chip
System Integration
Biometrics
RFID
PKI

Global E-Passport and E-Visa Market: By Applications
Leisure Travel
Business Travel

Global E-Passport and E-Visa Market: Regional Analysis
The countries covered in the regional analysis of the Global E-Passport and E-Visa market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Direct Purchase E-Passport and E-Visa Market Research Report: https://analyticsmarketresearch.com/purchase/e-passport-and-e-visa-market/60541/?license=single

Report Scope:

The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the E-Passport and E-Visa manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the E-Passport and E-Visa market covering all its essential aspects.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global E-Passport and E-Visa market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of E-Passport and E-Visa would help in identifying future applications in this market.

Click Here To Get Report Link: https://analyticsmarketresearch.com/reports/e-passport-and-e-visa-market/60541/

Contact Us:
Analytics Market Research
99 WALL STREET, #2124 NEW YORK, NY 10005
Phone: +1(650)-666-4592
Email: sales@analyticsmarketresearch.com
Website: https://analyticsmarketresearch.com/contactus/

About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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