E-passport Market is Estimated to Reach USD 78.96 Billion by 2030: Cognitive Market Research

Market Overview:
What is an E-passport?
An e-Passport, also known as a biometric passport, is a modern version of a traditional passport that includes an electronic chip. The chip stores the passport holder's personal and biometric information, such as their name, date of birth, facial image, and fingerprints. This information is used to authenticate the passport holder's identity and to increase security by making it more difficult for fraudsters to tamper with or forge the passport.

Summary:
As per the study of CMR, The Global E-passport market is expected to grow from USD 25.80 Billion in 2022 to USD 78.96 Billion by 2030, at a CAGR of 13.4%

To know more about The E Passport Market statistics click here: https://www.cognitivemarketresearch.com/e-passport-market-report

Rising security concerns and technological advancement augment the demand for E-passports:
E-passports store personal and biometric information, which could be accessed by unauthorized individuals or governments. It is essential that appropriate security measures are in place to protect this sensitive data. With the development of new technologies, such as biometrics and RFID, e-passports are becoming more sophisticated and effective. E-passports offer a convenient way for travelers to pass through border control without the need for lengthy manual checks or paperwork.

Restraints of the E-passport market:
As with any electronic device, e-passports are vulnerable to cyber-security risks such as hacking or malware attacks. Governments must ensure that the e-passport system is secure and regularly updated to protect against such threats. The implementation of e-passports requires significant investment and infrastructure. Governments need to ensure that the technology is implemented correctly and effectively, which can be challenging and time-consuming.

The rising adoption of technologies will drive the E-passport market growth:
RFID technology can be used in a wide range of applications, including inventory management, supply chain management, access control, asset tracking, and more. The technology allows for real-time tracking and monitoring of products, assets, or individuals, which can lead to increased efficiency, accuracy, and security. Biometric refers to the use of biological or behavioral characteristics to identify or verify the identity of a person. Biometric identification systems typically use unique physical or behavioral characteristics, such as fingerprints, facial features, iris or retina patterns, voiceprints, or gait analysis, to verify a person's identity.

Market Segmentation:
Technology:
• Radio Frequency identification
• Biometric

Application:
• Leisure Travel
• Business Travel

Competitive Analysis of E Passport Market: M2SYs, Konai, Gemalto, Muhlbauer Group, PrimeKey, Arjo Systems, Netrust, Oberthur, Multos International, Safelayer, 3M, ASK, Atlantic Zeiser, Austria Card, De La Rue, Edaps Overseas.

Get free sample pages of the latest published E Passport Market Report: https://www.cognitivemarketresearch.com/e-passport-market-report

Europe dominates the E-passport market:
Geographically, the global E-passport market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. Europe dominates the e-passport Europe has been one of the most proactive regions in implementing e-passports, with the majority of countries in the European Union (EU) having implemented e-passport systems. The European e-passport market is expected to continue to grow due to increasing security concerns and the need for more efficient border control procedures.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global E Passport Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 E Passport Market Segmentation
1.5.1 E Passport Market Regional Fragmentation
1.5.1 E Passport Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of E Passport Market
• 3.1 Global E Passport Market Size 2018 - 2030, (USD Million)
• 3.2 Global E Passport Value, Absolute & Opportunity Analysis
• 3.3 Global E Passport Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global E Passport Market Statistics 2022: Snapshot
Chapter 4 Global E Passport Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global E Passport Market by Technology Segmentation Analysis (2018-2030)
Chapter 10 Global E Passport Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global E Passport Market Regional Analysis
Chapter 12 North America E Passport Market Outlook (2018 - 2030)
Chapter 13 Europe E Passport Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific E Passport Market Outlook (2018 - 2030)
Chapter 15 Latin America E Passport Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa E Passport Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customized/Exclusive Report Access on Request
To know more about The E Passport Market TOC click here: https://www.cognitivemarketresearch.com/e-passport-market-report#table_of_contents

Related Report:
• Passport Scanners Market- https://www.cognitivemarketresearch.com/passport-scanners-market-report
• Passport Cover Market- https://www.cognitivemarketresearch.com/passport-cover-market-report
• Passport Reader Market- https://www.cognitivemarketresearch.com/passport-reader-market-report
• E passport Technologies Market- https://www.cognitivemarketresearch.com/e-passport-technologies-market-report
• E passport and E visa Market- https://www.cognitivemarketresearch.com/e-passport-and-e-visa-market-report

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