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E-passport and E-visa Market Growth Set to Surge Significantly During 2023 - 2032
E-passport and E-visa Market
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Rise in need for advanced verification means, increase in number of identity frauds, supportive regulatory structure, presence of advanced airport infrastructure, and growth in air traffic drive the global e-passport and e-visa market. However, high costs associated with initial deployment and replacement are expected to impede the market growth. Increased adoption of e-passports and e-visas among developing economies offers a major opportunity for market expansion.
The global e-passport and e-visa market is segmented on the basis of type, application, and region. Based on type, it is classified into E-passport chip, system integration, biometrics, RFID, and PKI. Based on application, it is bifurcated into leisure travel and business travel. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The global e-passport and e-visa market is dominated by key players such as Oberthur Technologies, Cardlogic Ltd., Safran Identity And Security, The Infineon Technologies, 4G Identity Solutions, Ask, Eastcompeace, Iris, Datacard Group, Muhlbauer Group, and others.
Key Benefits
The study provides an in-depth analysis of the global e-passport and e-visa market and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restrains, and opportunities is provided.
Porters Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
The quantitative analysis of the global market is provided to determine the market potential.
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