Press release
The electronic passport in 2023 and beyond
The E-passport Market size was valued at USD 34.32 Bn in 2022 and is expected to reach USD 201.18 Bn by 2030, and grow at a CAGR of +25% over the forecast period 2023-2030.E-passport are chip-enabled passports comprising a biometric identification card, which increases the transparency and security of travel documents. They also include demographic information, iris scans, color photograph, and the digital signature of the bearer. They rely on contactless smart card technology, which incorporates radio frequency identification (RFID) chips or contact memory buttons, for wireless transmission of data. They are scanned through special devices that are more effective against passport fraud than conventional passports. Additionally, they help lighten the workload at passport checkpoints as e-passports can be assessed faster for enhancing immigration control.
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This study provides a thorough analysis of the global Electronic Passport market.
Manufacturers, regions, countries, types, and applications are offered along with quantitative and qualitative assessments. This research examines the competition, supply and demand trends, as well as important elements that influence the market's shifting demands across a variety of markets because the market is continuously evolving. Along with market share projections for some of the chosen leaders for the year 2023, company profiles and product examples of chosen competitors are also supplied.
Key Players Operating in Global E-passport Market:
• CardLogix Corporation
• De La Rue plc
• Arjo Systems
• Eastcompeace Technology Co., Ltd
• Atlantic Zeiser GmbH
• Entrust Datacard Corporation
• Austria Card
• M2SYS Technology
• HID Global
• IDEMIA
• 3M
• Infineon Technologies AG
• Mühlbauer Group
• Safran S.A.
• Thales Group
Key Market Segmentation:
GMV provides an analysis of the key trends in each sub-segment of the global E-passport market report, along with forecasts at the global, regional and country level from 2023-2030. Our report has categorized the market based on technology, security and application.
Breakup by Technology:
• Radio Frequency Identification (RFID)
• Biometric
Breakup by Security:
• Basic Access Control
• Password Authenticated Connection Establishment
• Supplemental Access Control
• Extended Access Control
Breakup by Application:
• Leisure Travel
• Business Travel
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Regional Coverage:
Rеgіоn-wіѕе ѕеgmеntаtіоn in the Global Electronic Passport Market іnсludеѕ the claims to split the regional scope of the market, which among these regions has been touted to amass the largest market share over the anticipated duration
•North America (USA, Canada and Mexico)
•Europe (UK, Germany, France and the Rest of Europe)
•Asia Pacific (China, Japan, India, and the Rest of the Asia Pacific region)
•South America (Brazil, Argentina and the Rest of South America)
•Middle East and Africa (GCC and Rest of the Middle East and Africa)
Research Methodology:
The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.
What To Expect from This Report On the Electronic Passport Market
• You can make developmental plans for your business when you have information on the value of the production, cost of the production, value of the products, and more for the next five years.
• A detailed overview of regional distributions and the overview types of popular products in the Electronic Passport Market.
• How do the major companies and mid-level manufacturers make a profit within the Electronic Passport Market?
• Estimate the break-in for new players who want to enter the Electronic Passport Market.
Some Points from Table of Content
Global Electronic Passport Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
Chapter 1 Market Overview
Chapter 2 Market Dynamics
Chapter 3 Associated Industry Assessment
Chapter 4 Market Competitive Landscape
Chapter 5 Analysis of Leading Companies
Chapter 6 Market Analysis and Forecast, By Product Types
Chapter 7 Market Analysis and Forecast, By Applications
Chapter 8 Market Analysis and Forecast, By Regions
Chapter 9 North America Electronic Passport Market Analysis
Chapter 10 Europe Electronic Passport Market Analysis
Chapter 11 Asia-Pacific Electronic Passport Market Analysis
Chapter 12 South America Electronic Passport Market Analysis
Chapter 13 Middle East and Africa Electronic Passport Market Analysis
Chapter 14 Conclusions and Recommendations
Chapter 15 Appendix
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