E-passport and E-visa Market Size to Grow US$ 17050 Million by 2029 with a CAGR of 6.4%

E-Passport and E-Visa Market

E-passport is an electronic passport with high security printing, an inlay including an antenna and a microprocessor, and other security features. An E-passport is a biometric passport which includes a chip, which can be used at the automated E-passport gates instead of having your passport checked by a Border Force officer. The chip holds the same information that is printed on the passport's data page: the holder's name, date of birth, and other biographic information. In some countries, including Germany, E-passport include two fingerprints as well.

An electronic visa (E-visa) is one of visa types issued to foreigners by Immigration Department via electronic system. E-visa, also known as e-visa, refers to the "electronic" of traditional paper visas. All information on passport holders' visas is stored electronically in the visa issuing authority's system. After successful of e-visa processing, the visa can be printed and used.

Due to the COVID-19 pandemic, the global E-passport and E-visa market size is estimated to be worth US$ 10990 million in 2022 and is forecast to a readjusted size of US$ 17050 million by 2029 with a CAGR of 6.4% during the forecast period 2023-2029.

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Fully considering the economic change by this health crisis, Ordinary E-passport accounting for % of the E-passport and E-visa global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.

While Adult segment is altered to an % CAGR throughout this forecast period.

E-Passport and E-Visa Market Share

Global E-passport and E-visa key players include Gemalto, Shanghai Mite Speciality & Precision Printing, India Security Press, etc. Global top three manufacturers hold a share nearly 60%.

North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share over 40 percent.

In terms of product, Ordinary E-passport is the largest segment, with a share over 95%. And in terms of application, the largest application is Adult, followed by Child.

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By Type
• Ordinary E-passport
• Service and Diplomatic E-Passport

By Application
• Adult
• Child

By Region
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Company
• Gemalto
• Shanghai Mite Speciality & Precision Printing
• India Security Press
• Beijing Jinchen Cvic Security Printing
• Bundesdruckerei
• Japan National Printing Bureau
• Goznak
• Casa da Moeda do Brasil
• Canadian Bank Note
• Royal Mint of Spain
• Polish Security Printing Works
• Istituto Poligrafico e Zecca dello Stato
• Iris Corporation Berhad
• Semlex Group
• Veridos
• Morpho

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This release was published on openPR.