Press release
E-passport and E-visa Market: Global Opportunity Analysis and Industry Forecast, 2023-2032
E-passport, also known as biometric passport, contains an electronic chip embedded in it. An e-visa or electronic visa is an online platform that enables an applicant to facilitate online application to obtain a visa. These are advanced forms of traditional documents introduced to enhance the security structure and restrict fraudulent cases, thereby increasing integration capabilities with high-tech airport infrastructure. E-passports and E-visas are used to verify identity of a traveler through digital means with the use of unique identification number, digital signature, and others.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.
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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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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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E-passport and E-visa Market Report Highlights
By Technology
Radio Frequency Identification (RFID)
Biometric
By Application
Leisure Travel
Business Travel
𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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