Executive Summery
This report presents a detailed overview of the E-Passport Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving E-Passport industry landscape.
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E-Passport Market Statistics and Key Highlights
The Global E-Passport Market size is estimated to grow at a CAGR of around 21.65% during the forecast period, i.e., 2024-30.
- E-Passport market shows steady growth
- Market size expanding due to rising industry demand
- Competitive landscape driven by tech and innovation
- Detailed segment-wise and geography wise share analysis
- Forecast reveals strong trends shaping future outlook
Key Player- Emerging E-Passport Companies
- CardLogix Corporation
- 4G Identity Solutions
- 3M
- HID Global Corporation
- IDEMIA
- Infineon Technologies AG
- Eastcompeace Technology Co., Ltd.
- Entrust Corporation
- Muhlbauer Group
- Iris Corporation
- Thales Group
- Safran Identity and Security
- Primekey Solutions AB
- Datacard Group.
- Others
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Key Driver:
Surging International Travel to Drive Market Growth – During the last decade, many economies have experienced significant economic growth, leading to a surge in disposable income, which has enabled more individuals to afford international travel. Additionally, the increase in the number of low-cost carriers has made air travel more accessible, which has subsequently enhanced international tourism. For instance,
- In 2023, as per the United Nations World Tourism Organization (UNWTO), international arrivals reached approximately 1.3 billion.
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E-Passport Market Segmentation
By Type
- Biometric e-Passports- Market Size & Forecast 2019-2030, (USD Million)
- Face Recognition
- Fingerprint Recognition
- Iris Recognition
- Others
- Non-Biometric e-Passports- Market Size & Forecast 2019-2030, (USD Million)
- Radio-Frequency Identification (RFID)
- Others
By Security
- Basic Access Control- Market Size & Forecast 2019-2030, (USD Million)
- Extended Access Control- Market Size & Forecast 2019-2030, (USD Million)
- Supplemental Access Control- Market Size & Forecast 2019-2030, (USD Million)
- Biometric Authentication- Market Size & Forecast 2019-2030, (USD Million)
By Component
- Electronic Chip- Market Size & Forecast 2019-2030, (USD Million)
- Antenna- Market Size & Forecast 2019-2030, (USD Million)
- Biometric Capture Devices- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Application
- Traveling- Market Size & Forecast 2019-2030, (USD Million)
- Business Travel- Market Size & Forecast 2019-2030, (USD Million)
- Leisure Travel- Market Size & Forecast 2019-2030, (USD Million)
- Border Control and Immigration- Market Size & Forecast 2019-2030, (USD Million)
- Identity Proof- Market Size & Forecast 2019-2030, (USD Million)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Globally, e-passport initiatives have been put in place by European nations, including the UK, Germany, France, etc., to improve border security and expedite immigration procedures.
Reasons to Buy This Report
- Gain comprehensive insights into current market trends and dynamics.
- Equip your business with data-driven strategies for informed decisions.
- Identify lucrative market opportunities and strategic growth areas.
- Analyze competitors to enhance your positioning in the market landscape.
- Understand geographical trends across diverse markets for better expansion strategies.
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