Press release
Global Electronic Passports Market Research Report 2023
Global Electronic Passports MarketE-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.
The global Electronic Passports market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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The rapid development of the tourism industry and the improvement of people's living standards are the main factors that promote growth of this market. There are currently 122 countries with E-passport programs which QYR estimates are producing 146.83 million units E-passport in 2018. Most E-passport are valid for 5 or 10 years and there were one billion E-passport in circulation, exceeding 60% of all passports in use. Asia Pacific (APAC) has always been a lucrative region. The E-passport and E-visa market in APAC is expected to grow at the highest CAGR during the forecast period. China, Japan India and Southeast Asia are the key countries in the E-passport and E-visa in APAC. Briefly speaking, in the next few years, E-passport and E-visa industry will still be a High-speed development and energetic industry. Sales of E-passport and E-visa have brought a lot of opportunities, due to the rapid development of the tourism industry.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Electronic Passports, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Passports.
The Electronic Passports market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Electronic Passports market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electronic Passports manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
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
Segment by Type
• Ordinary E-passport
• Service & Diplomatic E-Passport
Segment by Application
• Adult
• Child
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-6M7292/global-electronic-passports
Similar Reports:
1. https://reports.valuates.com/market-reports/QYRE-Auto-27M12684/global-international-immigration-services
2. https://reports.valuates.com/market-reports/QYRE-Auto-8O11814/global-immigration-consulting-services
3. https://reports.valuates.com/market-reports/QYRE-Auto-6A14138/global-work-visa-service
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