Press release
Global E-passport and E-visa Market to grow at a CAGR of 30.17 by 2022
E-passports and e-visas are used to authenticate a traveler's identity when crossing borders or entering into another country. This technology stores data about the traveler on a smart chip, which includes a unique identification number and a digital signature. It is more secure than traditional paper technology as it prevents data alteration and duplication. The data stored electronically on the chip is authenticated by PKI, thus making e-passport forgeries impossible. Facial, fingerprint, and iris recognition are major biometric modalities used for this process.Global E-passport and E-visa market to grow at a CAGR of 30.17 percent over the period 2014-2019.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global E-passport and E-visa market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the hardware, software, and services used for the e-passport and e-visa. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Global E-passport and E-visa market. It also presents the revenue forecast of different geographic regions. In addition, the report discusses the major drivers that influence the growth of the Global E-passport and E-visa market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
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Key Regions
Americas
APAC
EMEA
Key Vendors
Gemalto
Giesecke and Devrient
Morpho
Obberthur Technologies
Other Prominent Vendors
4G Identity Solutions
ASK
CardLogic
DataCard
Eastcompeace
HID
Infineon Technologies
IRIS
Mühlbauer Group
Market Driver
Increase in Cross Border Travel
For a full, detailed list, view our report
Market Challenge
High Cost of Initial Deployment and Replacement
For a full, detailed list, view our report
Market Trend
High Adoption of Hybrid Smart Cards
For a full, detailed list, view our report
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